Chipotle Mexican Grill, Inc. $CMG Position Trimmed by Quantinno Capital Management LP

Quantinno Capital Management LP trimmed its holdings in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) by 3.8% during the first quarter, Holdings Channel reports. The firm owned 1,296,839 shares of the restaurant operator’s stock after selling 51,247 shares during the quarter. Quantinno Capital Management LP’s holdings in Chipotle Mexican Grill were worth $41,512,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of CMG. Teca Partners LP boosted its holdings in shares of Chipotle Mexican Grill by 50.4% in the 1st quarter. Teca Partners LP now owns 484,632 shares of the restaurant operator’s stock valued at $15,513,000 after buying an additional 162,500 shares during the period. Polar Asset Management Partners Inc. acquired a new stake in Chipotle Mexican Grill during the first quarter worth about $1,458,000. Lazard Asset Management LLC bought a new position in Chipotle Mexican Grill in the first quarter worth about $656,000. Gateway Wealth Partners LLC bought a new position in Chipotle Mexican Grill in the first quarter worth about $271,000. Finally, Delta Global Management LP boosted its stake in Chipotle Mexican Grill by 32.5% in the first quarter. Delta Global Management LP now owns 787,194 shares of the restaurant operator’s stock valued at $25,198,000 after acquiring an additional 192,921 shares during the period. 91.30% of the stock is currently owned by institutional investors.

More Chipotle Mexican Grill News

Here are the key news stories impacting Chipotle Mexican Grill this week:

• Positive Sentiment: Chipotle reported adjusted earnings of $0.33 per share versus the $0.32 consensus estimate, while revenue rose 9.3% year over year to $3.35 billion, ahead of expectations for $3.33 billion. Chipotle shares rise on quarterly earnings beat, raised outlook
• Positive Sentiment: Comparable restaurant sales increased 2.2%, supported by improving transactions, value deals, menu changes and stronger digital engagement. Management also raised its full-year comparable-sales forecast, signaling greater confidence in demand. Chipotle raises annual sales forecast
• Positive Sentiment: Restaurant expansion remains a growth driver: Chipotle opened 100 locations during the quarter, while its Rewards program, digital channels and “Recipe for Growth” initiatives continue to support sales momentum. Chipotle Q2 earnings call highlights growth strategy
• Positive Sentiment: Several analysts responded favorably: DA Davidson raised its price target to $50 and maintained a buy rating, while TD Cowen and BTIG reaffirmed buy ratings with targets of $44 and $45, respectively. Analysts increase forecasts after strong Q2 results
• Neutral Sentiment: Options activity was elevated, with investors purchasing 54,598 call options, about 28% above typical daily call volume. This indicates increased short-term bullish positioning but does not necessarily reflect a change in Chipotle’s fundamentals.
• Negative Sentiment: Margins remain a concern as labor and other operating costs pressure profitability. Management also acknowledged softer traffic in late July, partly linked to consumer concerns about a cyclospora outbreak, although Chipotle said it was not involved in the outbreak. Chipotle stock jumped on improving traffic
• Negative Sentiment: The post-earnings rally leaves valuation demanding, while Piper Sandler lowered its price target to $39 despite retaining an overweight rating. Investors may therefore focus increasingly on sustained traffic gains and margin recovery.

Analysts Set New Price Targets

CMG has been the subject of several recent research reports. Weiss Ratings lowered Chipotle Mexican Grill from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, July 24th. Stephens restated a “positive” rating and set a $40.00 price objective (up from $36.00) on shares of Chipotle Mexican Grill in a research report on Thursday. Barclays lowered their price objective on Chipotle Mexican Grill from $40.00 to $38.00 and set an “equal weight” rating for the company in a research note on Thursday, April 30th. Mizuho increased their target price on Chipotle Mexican Grill from $40.00 to $41.00 and gave the stock an “outperform” rating in a research report on Monday, July 13th. Finally, Citigroup cut their target price on Chipotle Mexican Grill from $46.00 to $45.00 and set a “buy” rating on the stock in a research note on Monday, July 13th. Twenty-four equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $43.95.

Chipotle Mexican Grill Price Performance

Shares of Chipotle Mexican Grill stock opened at $38.54 on Friday. The business’s fifty day moving average price is $32.76 and its two-hundred day moving average price is $34.60. The company has a market capitalization of $49.44 billion, a P/E ratio of 35.36, a PEG ratio of 2.24 and a beta of 0.97. Chipotle Mexican Grill, Inc. has a 1-year low of $28.03 and a 1-year high of $44.27.

Chipotle Mexican Grill (NYSE:CMG) last announced its quarterly earnings results on Wednesday, July 29th. The restaurant operator reported $0.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.32 by $0.01. Chipotle Mexican Grill had a return on equity of 51.64% and a net margin of 11.43%.The company had revenue of $3.35 billion during the quarter, compared to analyst estimates of $3.33 billion. During the same quarter in the previous year, the firm posted $0.33 EPS. The firm’s quarterly revenue was up 9.3% on a year-over-year basis. On average, research analysts expect that Chipotle Mexican Grill, Inc. will post 1.13 earnings per share for the current fiscal year.

Chipotle Mexican Grill 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.