SEB Asset Management AB bought a new stake in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG – Free Report) during the 1st quarter, according to its most recent filing with the SEC. The fund bought 262,416 shares of the restaurant operator’s stock, valued at approximately $8,400,000.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in CMG. Swiss National Bank raised its position in Chipotle Mexican Grill by 5.7% in the first quarter. Swiss National Bank now owns 3,880,500 shares of the restaurant operator’s stock worth $124,215,000 after purchasing an additional 208,200 shares in the last quarter. ANB Bank boosted its holdings in Chipotle Mexican Grill by 5.8% during the first quarter. ANB Bank now owns 6,317 shares of the restaurant operator’s stock valued at $202,000 after purchasing an additional 349 shares in the last quarter. Kera Capital Partners Inc. boosted its holdings in Chipotle Mexican Grill by 13.4% during the first quarter. Kera Capital Partners Inc. now owns 249,227 shares of the restaurant operator’s stock valued at $7,978,000 after purchasing an additional 29,419 shares in the last quarter. Townsend Asset Management Corp NC ADV grew its stake in shares of Chipotle Mexican Grill by 41.8% in the 1st quarter. Townsend Asset Management Corp NC ADV now owns 20,110 shares of the restaurant operator’s stock valued at $644,000 after purchasing an additional 5,925 shares during the period. Finally, Assetmark Inc. grew its stake in shares of Chipotle Mexican Grill by 63.2% in the 1st quarter. Assetmark Inc. now owns 558,547 shares of the restaurant operator’s stock valued at $17,879,000 after purchasing an additional 216,277 shares during the period. Institutional investors own 91.30% of the company’s stock.
Trending Headlines about Chipotle Mexican Grill
Here are the key news stories impacting Chipotle Mexican Grill this week:
- Positive Sentiment: Some recent commentary remains bullish, with an analyst-style view that Chipotle could rebound as economic conditions improve and the market refocuses on its longer-term growth story. I’d Buy More Chipotle Mexican Grill Before the Market Figures Out What It’s Missing
- Neutral Sentiment: Chipotle’s COO Jason Kidd highlighted the company’s culture and leadership pipeline in a Business Insider interview, but the piece is more about recruiting and career advice than a direct business catalyst. The Chipotle COO’s job involves taste-testing guacamole. He has a simple hack for finding your dream job.
- Neutral Sentiment: Recent coverage noted that U.S. regulators walked back a false-positive test tied to a lettuce investigation, which may ease some of the broader restaurant-sector food-safety anxiety that has been weighing on restaurant stocks, including CMG. Yum! Brands faces Taco Bell traffic hit from Taylor Farms lettuce scare
- Neutral Sentiment: Another article said Chipotle’s decline reflected broader market weakness in discretionary stocks, pre-earnings positioning, and concerns about slower same-store sales and margin pressure rather than a single new company-specific issue. Why Chipotle Mexican Grill (CMG) Stock Is Down Today
- Negative Sentiment: Chipotle has also been mentioned in headlines about sector-wide food-safety concerns hitting Taco Bell traffic, which has spilled over to restaurant peers and added to investor caution around CMG. YUM, CMG, SG Stocks Slide — Taco Bell Traffic Reportedly Takes A Hit After Parasite Outbreak, Dragging Restaurant Peers Lower
Chipotle Mexican Grill Trading Up 0.6%
Chipotle Mexican Grill (NYSE:CMG – Get Free Report) last released its quarterly earnings results on Wednesday, April 29th. The restaurant operator reported $0.24 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.24. Chipotle Mexican Grill had a return on equity of 49.64% and a net margin of 11.96%.The firm had revenue of $3.09 billion during the quarter, compared to analysts’ expectations of $3.07 billion. During the same period last year, the firm posted $0.29 EPS. The business’s revenue was up 7.4% on a year-over-year basis. As a group, analysts forecast that Chipotle Mexican Grill, Inc. will post 1.13 EPS for the current fiscal year.
Analyst Ratings Changes
Several research firms recently commented on CMG. Royal Bank Of Canada restated an “outperform” rating and set a $45.00 target price on shares of Chipotle Mexican Grill in a research report on Thursday, April 30th. Zacks Research upgraded Chipotle Mexican Grill from a “strong sell” rating to a “hold” rating in a research report on Friday, April 17th. Guggenheim dropped their price objective on Chipotle Mexican Grill from $36.00 to $35.00 and set a “neutral” rating for the company in a research note on Friday, May 1st. BTIG Research reissued a “buy” rating and set a $45.00 price objective on shares of Chipotle Mexican Grill in a report on Thursday, April 30th. Finally, Piper Sandler reduced their target price on shares of Chipotle Mexican Grill from $44.00 to $42.00 and set an “overweight” rating on the stock in a research note on Thursday, April 30th. Twenty-three investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $43.86.
Get Our Latest Stock Report on CMG
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.
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