Strs Ohio lessened its position in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG – Free Report) by 15.1% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,600,109 shares of the restaurant operator’s stock after selling 285,229 shares during the period. Strs Ohio owned 0.12% of Chipotle Mexican Grill worth $62,708,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently modified their holdings of CMG. Ascent Group LLC grew its stake in shares of Chipotle Mexican Grill by 3.5% in the 2nd quarter. Ascent Group LLC now owns 5,752 shares of the restaurant operator’s stock valued at $323,000 after buying an additional 193 shares during the period. Perennial Advisors LLC lifted its position in shares of Chipotle Mexican Grill by 3.1% during the second quarter. Perennial Advisors LLC now owns 6,667 shares of the restaurant operator’s stock valued at $374,000 after purchasing an additional 200 shares in the last quarter. Quent Capital LLC grew its holdings in shares of Chipotle Mexican Grill by 2.0% in the second quarter. Quent Capital LLC now owns 10,555 shares of the restaurant operator’s stock valued at $593,000 after acquiring an additional 208 shares in the last quarter. Revolve Wealth Partners LLC increased its position in shares of Chipotle Mexican Grill by 4.7% during the 4th quarter. Revolve Wealth Partners LLC now owns 4,804 shares of the restaurant operator’s stock valued at $290,000 after purchasing an additional 214 shares during the last quarter. Finally, Old Port Advisors raised its position in Chipotle Mexican Grill by 3.7% in the second quarter. Old Port Advisors now owns 6,207 shares of the restaurant operator’s stock worth $349,000 after acquiring an additional 223 shares during the period. 91.30% of the stock is currently owned by institutional investors.
Chipotle Mexican Grill Price Performance
Shares of Chipotle Mexican Grill stock opened at $40.52 on Friday. The stock has a market cap of $53.58 billion, a price-to-earnings ratio of 35.86, a PEG ratio of 3.87 and a beta of 0.97. The firm’s 50-day moving average is $36.20 and its 200 day moving average is $40.06. Chipotle Mexican Grill, Inc. has a 1 year low of $29.75 and a 1 year high of $59.57.
Analysts Set New Price Targets
Several analysts have issued reports on CMG shares. Wells Fargo & Company boosted their target price on Chipotle Mexican Grill from $45.00 to $50.00 and gave the company an “overweight” rating in a research note on Thursday. Jefferies Financial Group reduced their target price on Chipotle Mexican Grill from $48.00 to $44.00 and set a “hold” rating for the company in a research report on Monday, October 13th. Barclays raised their price objective on shares of Chipotle Mexican Grill from $38.00 to $44.00 and gave the company an “equal weight” rating in a research report on Wednesday, January 7th. Royal Bank Of Canada reduced their price target on shares of Chipotle Mexican Grill from $58.00 to $40.00 and set an “outperform” rating on the stock in a research report on Thursday, October 30th. Finally, KeyCorp decreased their price target on Chipotle Mexican Grill from $52.00 to $45.00 and set an “overweight” rating on the stock in a research note on Thursday, October 30th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and thirteen have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $50.32.
Check Out Our Latest Stock Analysis on Chipotle Mexican Grill
Trending Headlines about Chipotle Mexican Grill
Here are the key news stories impacting Chipotle Mexican Grill this week:
- Positive Sentiment: Wells Fargo raised its price target on CMG to $50 and moved to an “overweight” rating, citing upside vs. the current price — a clear near-term catalyst for bullish investor interest. Article Title
- Positive Sentiment: Raymond James bumped its target to $45 with an “outperform” call, adding to the analyst-support narrative that could lift sentiment if momentum continues. Article Title
- Positive Sentiment: Zacks highlights Chipotle among three restaurant stocks showing growth potential thanks to sales growth, menu and digital strategies — supportive context for longer‑term thesis. Article Title
- Neutral Sentiment: Zacks also notes CMG is a “trending” stock among readers — increases attention/liquidity but not a directional catalyst by itself. Article Title
- Neutral Sentiment: Zacks pieces on Chipotle’s growth plan stress operations (not discounting) to address traffic softness — important strategic context; success would be supportive, failure would be negative. Article Title
- Neutral Sentiment: Yahoo/market coverage revisits valuation as expansion and digital sales renew investor confidence — useful for re‑rating discussions but not an immediate price driver. Article Title
- Negative Sentiment: Chipotle filed to form a PAC, a shift in political engagement that could raise governance/sentiment risks for some investors. Article Title
- Negative Sentiment: Yahoo coverage flags a leadership shuffle and an active CMO search — execution risk and strategic uncertainty around expansion/marketing that can depress near-term sentiment. Article Title
Chipotle Mexican Grill Company Profile
Chipotle Mexican Grill is a fast-casual restaurant company known for its Mexican-inspired menu of burritos, bowls, tacos and salads. Founded in 1993 by Steve Ells, the chain emphasizes fresh, customizable meals made from a limited menu of core ingredients and a focus on ingredient quality. Chipotle operates primarily company-owned restaurants and offers dine-in, takeout, catering and delivery through its own digital platforms and third-party partners.
The company is headquartered in Newport Beach, California, and traces its roots to Denver, Colorado.
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