Meeder Advisory Services Inc. bought a new stake in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 22,953 shares of the restaurant operator’s stock, valued at approximately $780,000.
Several other large investors have also bought and sold shares of CMG. Wealth Watch Advisors INC bought a new stake in Chipotle Mexican Grill in the third quarter worth about $25,000. MV Capital Management Inc. acquired a new stake in Chipotle Mexican Grill in the 4th quarter valued at about $26,000. Osbon Capital Management LLC bought a new position in shares of Chipotle Mexican Grill during the 4th quarter valued at about $28,000. Meeder Asset Management Inc. bought a new position in shares of Chipotle Mexican Grill during the 2nd quarter valued at about $27,000. Finally, Kelleher Financial Advisors acquired a new position in shares of Chipotle Mexican Grill in the 2nd quarter worth approximately $28,000. Institutional investors own 91.30% of the company’s stock.
Chipotle Mexican Grill News Roundup
Here are the key news stories impacting Chipotle Mexican Grill this week:
- Positive Sentiment: Accelerating same-store sales are encouraging after several quarters of weak performance. A sustained improvement in comparable sales could strengthen expectations for Chipotle’s revenue growth, earnings leverage and long-term restaurant expansion. This Growth Stock Reported Accelerating Same-Store Sales: Here’s What That Means for Long-Term Investors
- Positive Sentiment: Chipotle’s international expansion, including its planned Saudi Arabia entry with Alshaya Group, gives investors another potential growth avenue beyond the U.S. market. Successful overseas execution could support the company’s long-term unit-growth targets. What Does Global Expansion Mean for Chipotle
- Positive Sentiment: Call-option volume was unusually high, with traders purchasing 62,143 calls—about 25% above average. This indicates increased bullish speculative interest, although options activity does not guarantee a sustained stock advance.
- Neutral Sentiment: A limited-time Salish Matter kids-meal collaboration is designed to increase engagement with Gen Alpha and families through social-media marketing. It may improve brand awareness and customer traffic, but the near-term financial effect is likely modest. Chipotle broadens Gen Alpha marketing with Salish Matter collaboration
- Neutral Sentiment: Long-range discussions about where CMG could trade in five years emphasize the company’s expansion and earnings potential, but the outcome depends on comparable-sales momentum, new-store productivity and valuation. Where Will Chipotle Mexican Grill’s Stock Be in 5 Years?
- Negative Sentiment: Food-safety lawsuits related to a reported multistate Salmonella outbreak could create legal costs, reputational damage and traffic pressure, adding execution risk as Chipotle expands internationally. Does Chipotle Balancing Food Safety Lawsuits With Global Expansion Reshape Its Risk-Reward Profile?
- Negative Sentiment: A discounted-cash-flow analysis suggests CMG may be about 24% overvalued despite its Saudi Arabia plans. That valuation risk could limit upside if growth does not accelerate enough to justify the premium multiple. Chipotle Stock Could Be 24% Overvalued Despite Saudi Arabia Opening
Chipotle Mexican Grill Trading Up 3.7%
Chipotle Mexican Grill (NYSE:CMG – Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The restaurant operator reported $0.33 EPS for the quarter, beating analysts’ consensus estimates of $0.32 by $0.01. Chipotle Mexican Grill had a net margin of 11.43% and a return on equity of 54.65%. The company had revenue of $3.35 billion during the quarter, compared to analyst estimates of $3.33 billion. During the same period in the prior year, the firm earned $0.33 earnings per share. The business’s quarterly revenue was up 9.3% on a year-over-year basis. Research analysts forecast that Chipotle Mexican Grill, Inc. will post 1.14 EPS for the current fiscal year.
Analyst Ratings Changes
A number of analysts recently commented on the stock. Piper Sandler dropped their target price on shares of Chipotle Mexican Grill from $42.00 to $39.00 and set an “overweight” rating on the stock in a report on Thursday, July 30th. Argus raised their target price on shares of Chipotle Mexican Grill from $40.00 to $45.00 and gave the stock a “buy” rating in a report on Tuesday, August 4th. Evercore restated an “outperform” rating and issued a $47.00 price target on shares of Chipotle Mexican Grill in a research report on Thursday, July 30th. UBS Group reaffirmed a “buy” rating on shares of Chipotle Mexican Grill in a report on Friday, July 31st. Finally, Morgan Stanley increased their price objective on Chipotle Mexican Grill from $37.00 to $39.00 and gave the company an “equal weight” rating in a research report on Thursday, July 30th. Twenty-four research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $44.16.
Read Our Latest Report on Chipotle Mexican Grill
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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