Groupama Asset Managment reduced its position in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG – Free Report) by 80.4% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 15,305 shares of the restaurant operator’s stock after selling 62,818 shares during the quarter. Groupama Asset Managment’s holdings in Chipotle Mexican Grill were worth $600,000 at the end of the most recent quarter.
A number of other large investors also recently added to or reduced their stakes in CMG. Operose Advisors LLC bought a new position in shares of Chipotle Mexican Grill in the 2nd quarter valued at about $25,000. Lavaca Capital LLC bought a new stake in shares of Chipotle Mexican Grill during the second quarter worth approximately $28,000. Twin Peaks Wealth Advisors LLC acquired a new position in Chipotle Mexican Grill in the second quarter valued at approximately $34,000. Evolution Wealth Management Inc. bought a new position in Chipotle Mexican Grill in the second quarter valued at approximately $34,000. Finally, Salomon & Ludwin LLC bought a new position in Chipotle Mexican Grill in the third quarter valued at approximately $26,000. 91.30% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
CMG has been the subject of several recent research reports. Raymond James Financial upped their target price on shares of Chipotle Mexican Grill from $40.00 to $45.00 and gave the company an “outperform” rating in a research report on Wednesday, January 21st. Morgan Stanley reduced their price target on Chipotle Mexican Grill from $50.00 to $49.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 4th. DA Davidson began coverage on Chipotle Mexican Grill in a research note on Friday, March 6th. They set a “buy” rating and a $51.00 price objective for the company. BTIG Research reiterated a “buy” rating and issued a $45.00 price objective on shares of Chipotle Mexican Grill in a report on Wednesday, February 4th. Finally, Piper Sandler cut their target price on Chipotle Mexican Grill from $47.00 to $44.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 4th. Twenty-four investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $47.47.
Chipotle Mexican Grill Stock Up 1.3%
Shares of NYSE CMG opened at $33.36 on Friday. Chipotle Mexican Grill, Inc. has a twelve month low of $29.75 and a twelve month high of $58.42. The stock has a market cap of $43.45 billion, a price-to-earnings ratio of 29.26, a P/E/G ratio of 2.02 and a beta of 1.00. The company’s fifty day moving average is $37.48 and its 200-day moving average is $37.26.
Chipotle Mexican Grill (NYSE:CMG – Get Free Report) last released its quarterly earnings data on Tuesday, February 3rd. The restaurant operator reported $0.25 EPS for the quarter, beating analysts’ consensus estimates of $0.24 by $0.01. The business had revenue of $2.98 billion during the quarter, compared to analysts’ expectations of $2.96 billion. Chipotle Mexican Grill had a net margin of 12.88% and a return on equity of 47.99%. The firm’s quarterly revenue was up 4.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.25 EPS. On average, research analysts anticipate that Chipotle Mexican Grill, Inc. will post 1.29 EPS for the current fiscal year.
More Chipotle Mexican Grill News
Here are the key news stories impacting Chipotle Mexican Grill this week:
- Positive Sentiment: Mizuho upgraded CMG from Neutral to Outperform and raised its price target to $40, citing a more measured pricing plan this year, new menu items and a push into high‑protein offerings that could help traffic and AUVs. Mizuho Upgrade
- Positive Sentiment: TD Cowen reaffirmed a Buy rating with a $44 price target, signaling continued analyst conviction and upside (~32% from current levels) that can attract buyers. TD Cowen Reaffirmation
- Positive Sentiment: Mizuho/MarketWatch commentary highlights operational levers — gentler pricing, new menu innovation and targeting lunch/customizable preferences for younger consumers — that could revive demand if executed well. MarketWatch Analysis
- Neutral Sentiment: Company marketing/product action: a Yahoo Finance video/demo showcases new menu items aimed at bringing back the lunch crowd and appealing to customizable preferences — positive for comps but execution/timing uncertain. Yahoo Video
- Negative Sentiment: Short‑term share weakness and headlines: recent coverage notes CMG has fallen more steeply than the broader market (articles documenting ~5% drops), which can amplify momentum selling and volatility. Share Drop Coverage
- Negative Sentiment: Broader industry pressure: reporting on other Mexican‑chain struggles and restaurant bankruptcies underscores margin and traffic risks from inflation and weaker consumer spending — a reminder of macro downside that could weigh on CMG despite its strengths. Industry Risk Article
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.
Recommended Stories
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.
