Wealthfront Advisers LLC bought a new stake in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG – Free Report) in the second quarter, Holdings Channel reports. The fund bought 128,191 shares of the restaurant operator’s stock, valued at approximately $4,358,000.
Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Revolve Wealth Partners LLC lifted its holdings in shares of Chipotle Mexican Grill by 4.7% in the fourth quarter. Revolve Wealth Partners LLC now owns 4,804 shares of the restaurant operator’s stock worth $290,000 after buying an additional 214 shares in the last quarter. City State Bank grew its stake in Chipotle Mexican Grill by 13.4% during the fourth quarter. City State Bank now owns 2,330 shares of the restaurant operator’s stock valued at $86,000 after acquiring an additional 275 shares in the last quarter. Groupama Asset Managment increased its holdings in Chipotle Mexican Grill by 1.9% during the 4th quarter. Groupama Asset Managment now owns 15,596 shares of the restaurant operator’s stock worth $568,000 after acquiring an additional 291 shares during the period. Catalyst Financial Partners LLC lifted its stake in Chipotle Mexican Grill by 4.6% in the 4th quarter. Catalyst Financial Partners LLC now owns 6,763 shares of the restaurant operator’s stock worth $250,000 after purchasing an additional 298 shares in the last quarter. Finally, Citizens Financial Group Inc. RI lifted its stake in Chipotle Mexican Grill by 2.5% in the 1st quarter. Citizens Financial Group Inc. RI now owns 12,708 shares of the restaurant operator’s stock worth $407,000 after purchasing an additional 311 shares in the last quarter. 91.30% of the stock is currently owned by institutional investors.
Chipotle Mexican Grill Stock Up 1.8%
CMG opened at $35.29 on Friday. The stock has a market cap of $44.66 billion, a PE ratio of 32.38, a PEG ratio of 2.21 and a beta of 0.94. The business has a 50 day moving average of $33.71 and a 200-day moving average of $33.97. Chipotle Mexican Grill, Inc. has a 52 week low of $28.03 and a 52 week high of $43.72.
Analyst Upgrades and Downgrades
A number of research analysts have recently commented on the stock. BNP Paribas Exane boosted their price target on shares of Chipotle Mexican Grill from $37.00 to $39.00 and gave the company a “neutral” rating in a research report on Thursday, April 30th. Stephens restated a “positive” rating and issued a $40.00 target price (up from $36.00) on shares of Chipotle Mexican Grill in a research note on Thursday, July 30th. Guggenheim reaffirmed a “neutral” rating and issued a $36.00 target price (up from $35.00) on shares of Chipotle Mexican Grill in a research note on Friday, July 31st. Weiss Ratings upgraded Chipotle Mexican Grill from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, August 7th. Finally, Evercore restated an “outperform” rating and issued a $47.00 target price on shares of Chipotle Mexican Grill in a research report on Thursday, July 30th. Twenty-four equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat, Chipotle Mexican Grill has an average rating of “Moderate Buy” and an average target price of $44.16.
Key Stories Impacting Chipotle Mexican Grill
Here are the key news stories impacting Chipotle Mexican Grill this week:
- Positive Sentiment: Analysts and commentators continue to highlight Chipotle’s plan to expand to approximately 7,000 restaurants. The investment case depends on disciplined openings, strong new-store returns and efficiency gains that preserve restaurant-level economics as the chain grows. Can Chipotle Scale to 7,000 Units Without Eroding Store Economics?
- Positive Sentiment: Coverage of Chipotle’s accelerating comparable-restaurant sales suggests that a key operating metric may be recovering after several weaker quarters, supporting the long-term growth outlook. This Growth Stock Reported Accelerating Same-Store Sales
- Positive Sentiment: Chipotle and Yum! are being described as potentially attractive after a food-safety-related selloff. The view is that recent scares could have a temporary effect on sales while both restaurant chains retain solid underlying operating momentum. Chipotle and Yum! Look Like Bargains After Food-Safety Selloff
- Positive Sentiment: Unusually heavy call-option activity—with 62,143 calls purchased versus typical volume of 49,651—signals increased bullish speculative interest, although options activity does not guarantee future gains.
- Positive Sentiment: A limited-time Salish Matter Kids’ Meal collaboration expands Chipotle’s Gen Alpha marketing strategy and could increase engagement with younger consumers and their families. Chipotle Launches the Salish Matter Order
- Neutral Sentiment: Articles examining Chipotle’s 10-year investment returns, five-year outlook and 2026 performance reinforce the company’s long-term growth narrative, but are largely analytical rather than new corporate announcements. Here’s How Much a $1,000 Investment in Chipotle Made
About Chipotle Mexican Grill
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.
Read More
- Five stocks we like better than Chipotle Mexican Grill
- 3 Energy Stocks Raising Dividends as the Sector Surges
- 5 Reasons the S&P 500 Could Keep Rallying Through Year-End
- Walmart’s Post-Earnings Drop Could Be a Buying Opportunity
- The Trade Desk’s Earnings Miss Raises a Bigger Question About Its AI Future
Want to see what other hedge funds are holding CMG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Chipotle Mexican Grill, Inc. (NYSE:CMG – Free Report).
Receive News & Ratings for Chipotle Mexican Grill Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chipotle Mexican Grill and related companies with MarketBeat.com's FREE daily email newsletter.
