Sustainable Growth Advisers LP Sells 2,321,577 Shares of Chipotle Mexican Grill, Inc. $CMG

Sustainable Growth Advisers LP lowered its stake in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) by 33.8% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,549,581 shares of the restaurant operator’s stock after selling 2,321,577 shares during the period. Chipotle Mexican Grill comprises 1.6% of Sustainable Growth Advisers LP’s investment portfolio, making the stock its 20th biggest position. Sustainable Growth Advisers LP’s holdings in Chipotle Mexican Grill were worth $145,359,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. BlackRock Inc. purchased a new position in Chipotle Mexican Grill in the 2nd quarter valued at about $4,417,475,000. Arrowstreet Capital Limited Partnership increased its stake in Chipotle Mexican Grill by 19.8% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 16,478,248 shares of the restaurant operator’s stock worth $527,469,000 after buying an additional 2,727,762 shares in the last quarter. Amundi increased its stake in Chipotle Mexican Grill by 23.3% during the 1st quarter. Amundi now owns 11,980,192 shares of the restaurant operator’s stock worth $383,486,000 after buying an additional 2,266,087 shares in the last quarter. Bank of America Corp DE increased its stake in Chipotle Mexican Grill by 86.1% during the 1st quarter. Bank of America Corp DE now owns 11,973,752 shares of the restaurant operator’s stock worth $383,280,000 after buying an additional 5,541,385 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in Chipotle Mexican Grill by 30.6% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 10,845,627 shares of the restaurant operator’s stock worth $368,751,000 after buying an additional 2,541,795 shares in the last quarter. Institutional investors and hedge funds own 91.30% of the company’s stock.

Chipotle Mexican Grill Trading Up 0.1%

NYSE:CMG opened at $30.54 on Friday. The company’s 50-day moving average price is $34.03 and its 200-day moving average price is $33.49. The company has a market cap of $38.65 billion, a P/E ratio of 28.02, a P/E/G ratio of 1.87 and a beta of 0.96. Chipotle Mexican Grill, Inc. has a twelve month low of $28.03 and a twelve month high of $42.74.

Chipotle Mexican Grill (NYSE:CMG) last posted its quarterly earnings results on Wednesday, July 29th. The restaurant operator reported $0.33 earnings per share for the quarter, topping 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 firm had revenue of $3.35 billion for the quarter, compared to analyst estimates of $3.33 billion. During the same period in the previous year, the business posted $0.33 earnings per share. Chipotle Mexican Grill’s quarterly revenue was up 9.3% on a year-over-year basis. On average, analysts expect that Chipotle Mexican Grill, Inc. will post 1.14 earnings per share for the current year.

Chipotle Mexican Grill News Roundup

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

• Positive Sentiment: Analyst target remains well above the current level. Morgan Stanley raised its price target for Chipotle from $39 to $40 while maintaining an “equal weight” rating, implying substantial potential upside if operating trends improve. Morgan Stanley price target report
• Positive Sentiment: International growth provides a potential catalyst. Chipotle’s European restaurants delivered high-single-digit comparable-sales growth in the second quarter, supporting plans to accelerate expansion. Zacks also cited expectations for earnings growth to strengthen in 2027. Zacks Analyst Blog Highlights Chipotle
• Positive Sentiment: New menu formats could support traffic. Chipotle is testing larger portion-oriented offerings, including the limited-time “Big Ass Chipotle Bag,” as restaurant chains adapt menus to attract value-conscious consumers. Chipotle Introduces Limited-Offer Big Ass Chipotle Bag
• Neutral Sentiment: Analysts see limited near-term upside but longer-term recovery potential. Morgan Stanley and Stephens both retain “equal weight” ratings. Stephens lowered its price target from $40 to $38, while UBS expects third-quarter same-store sales growth of about 1.5%, broadly in line with expectations, and stronger growth in 2027. UBS Chipotle Outlook
• Negative Sentiment: Near-term sales and margin pressures remain the main risk. UBS expects weaker trends at the beginning of the fourth quarter, which could weigh on comparable sales and restaurant margins ahead of Chipotle’s October 28 earnings report. The stock has already fallen significantly over the past month despite no new company results. How Risky Is Chipotle Stock

Wall Street Analyst Weigh In

CMG has been the subject of a number of research analyst reports. Evercore reissued an “outperform” rating and set a $47.00 target price on shares of Chipotle Mexican Grill in a report on Thursday, July 30th. BTIG Research reaffirmed a “buy” rating and issued a $45.00 price target on shares of Chipotle Mexican Grill in a research note on Wednesday, August 5th. Mizuho reiterated an “outperform” rating and set a $43.00 price target on shares of Chipotle Mexican Grill in a research report on Tuesday, September 1st. TD Cowen reiterated a “buy” rating and set a $44.00 price target on shares of Chipotle Mexican Grill in a research report on Thursday, July 30th. Finally, DA Davidson increased their price objective on Chipotle Mexican Grill from $45.00 to $50.00 and gave the company a “buy” rating in a research note on Thursday, July 30th. Twenty-two investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $43.87.

Insider Buying and Selling

In other Chipotle Mexican Grill news, insider Matthew R. Bush sold 2,675 shares of the stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $35.75, for a total value of $95,631.25. Following the completion of the sale, the insider owned 21,415 shares in the company, valued at approximately $765,586.25. This represents a 11.10% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.45% of the company’s stock.

Chipotle Mexican Grill Profile

Chipotle Mexican Grill, Inc is a fast-casual restaurant company that specializes in Mexican-inspired food made with a limited number of core ingredients. Its menu includes burritos, burrito bowls, tacos, quesadillas, salads and sides, with options such as chicken, steak, barbacoa, carnitas, sofritas and vegetables. The company also offers beverages, including soft drinks and other drinks, and allows customers to customize meals.

Founded by Steve Ells in 1993, Chipotle operates company-owned restaurants under the Chipotle Mexican Grill brand.