Norges Bank Purchases Shares of 19,238,829 Chipotle Mexican Grill, Inc. $CMG

Norges Bank purchased a new stake in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) in the 4th quarter, Holdings Channel reports. The fund purchased 19,238,829 shares of the restaurant operator’s stock, valued at approximately $711,837,000.

Several other hedge funds have also added to or reduced their stakes in the business. Vanguard Group Inc. lifted its holdings in Chipotle Mexican Grill by 14.8% during the 4th quarter. Vanguard Group Inc. now owns 144,588,220 shares of the restaurant operator’s stock valued at $5,349,764,000 after purchasing an additional 18,660,882 shares during the last quarter. Capital World Investors lifted its holdings in Chipotle Mexican Grill by 122.7% during the 3rd quarter. Capital World Investors now owns 87,844,788 shares of the restaurant operator’s stock valued at $3,442,645,000 after purchasing an additional 48,398,628 shares during the last quarter. Capital International Investors lifted its holdings in Chipotle Mexican Grill by 42.4% during the 3rd quarter. Capital International Investors now owns 38,497,927 shares of the restaurant operator’s stock valued at $1,509,043,000 after purchasing an additional 11,471,658 shares during the last quarter. Sustainable Growth Advisers LP lifted its holdings in Chipotle Mexican Grill by 17.5% during the 3rd quarter. Sustainable Growth Advisers LP now owns 12,495,638 shares of the restaurant operator’s stock valued at $489,704,000 after purchasing an additional 1,862,855 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its holdings in Chipotle Mexican Grill by 24.7% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 11,433,637 shares of the restaurant operator’s stock valued at $448,084,000 after purchasing an additional 2,265,122 shares during the last quarter. Institutional investors and hedge funds own 91.30% of the company’s stock.

Chipotle Mexican Grill Stock Performance

Shares of NYSE CMG opened at $31.90 on Monday. Chipotle Mexican Grill, Inc. has a 52 week low of $29.75 and a 52 week high of $58.42. The stock has a market capitalization of $40.92 billion, a P/E ratio of 29.27, a PEG ratio of 2.05 and a beta of 0.99. The stock’s fifty day moving average is $33.24 and its 200 day moving average is $35.29.

Chipotle Mexican Grill (NYSE:CMG) last issued its quarterly earnings results on Wednesday, April 29th. The restaurant operator reported $0.24 EPS for the quarter, hitting 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 company had revenue of $3.09 billion for the quarter, compared to analysts’ expectations of $3.07 billion. During the same quarter last year, the business earned $0.29 earnings per share. Chipotle Mexican Grill’s revenue was up 7.4% on a year-over-year basis. Equities research analysts forecast that Chipotle Mexican Grill, Inc. will post 1.13 earnings per share for the current year.

Chipotle Mexican Grill News Summary

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

• Positive Sentiment: Chipotle is trying to re-accelerate traffic with new marketing and loyalty initiatives, including the return of its “Summer of Extras” program with streak-based rewards and local rankings designed to boost engagement and repeat visits. CHIPOTLE’S “SUMMER OF EXTRAS” RETURNS, WITH STREAK-BASED REWARDS AND LOCAL RANKINGS TO GAMIFY THE REWARDS EXPERIENCE
• Positive Sentiment: Wall Street still appears broadly constructive on Chipotle despite recent underperformance, suggesting some analysts continue to see long-term upside in the brand and growth model. Chipotle Mexican Grill Stock: Is Wall Street Bullish or Bearish?
• Neutral Sentiment: Chipotle also drew attention for menu innovation, including a new trendy chicken item, as management looks for ways to support demand after softness in same-store sales. Chipotle’s menu adds a trendy ingredient
• Neutral Sentiment: One article noted that Chipotle’s stock has fallen since its last earnings report and that investors are watching earnings revisions for clues on the next move, reflecting uncertainty rather than a new company-specific catalyst. Chipotle Mexican Grill (CMG) Stock Drops Despite Market Gains: Important Facts to Note
• Negative Sentiment: Recent coverage also highlighted Chipotle’s weaker same-store sales trend, including a 1.7% decline at the end of fiscal 2025, which has raised concerns about foot traffic and near-term growth. Chipotle’s menu adds a trendy ingredient

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the company. Wall Street Zen raised Chipotle Mexican Grill from a “sell” rating to a “hold” rating in a report on Saturday, March 7th. Barclays dropped their target price on Chipotle Mexican Grill from $40.00 to $38.00 and set an “equal weight” rating for the company in a report on Thursday, April 30th. Stephens lifted their target price on Chipotle Mexican Grill from $38.00 to $39.00 and gave the stock an “equal weight” rating in a report on Thursday, April 30th. Raymond James Financial dropped their target price on Chipotle Mexican Grill from $43.00 to $41.00 and set an “outperform” rating for the company in a report on Tuesday, April 21st. Finally, TD Cowen reissued a “buy” rating and set a $44.00 target price on shares of Chipotle Mexican Grill in a report on Thursday, April 30th. Twenty-four analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Chipotle Mexican Grill has a consensus rating of “Moderate Buy” and an average target price of $46.03.

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.