20,986 Shares of Chipotle Mexican Grill, Inc. $CMG Bought by Hanson & Doremus Investment Management

Hanson & Doremus Investment Management acquired a new stake in Chipotle Mexican Grill, Inc. (NYSE:CMG) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 20,986 shares of the restaurant operator’s stock, valued at approximately $671,000.

Other institutional investors have also recently bought and sold shares of the company. MV Capital Management Inc. bought a new position in Chipotle Mexican Grill in the fourth quarter valued at approximately $26,000. Osbon Capital Management LLC bought a new position in Chipotle Mexican Grill during the 2nd quarter worth $26,000. Meeder Asset Management Inc. acquired a new stake in Chipotle Mexican Grill in the 2nd quarter worth about $27,000. Merkkuri Wealth Advisors LLC bought a new position in Chipotle Mexican Grill during the 1st quarter worth $28,000. Finally, Kelleher Financial Advisors acquired a new position in Chipotle Mexican Grill during the 2nd quarter worth approximately $28,000. Institutional investors and hedge funds own 91.30% of the company’s stock.

Insiders Place Their Bets

In related news, insider Matthew R. Bush sold 2,675 shares of the business’s stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $35.75, for a total value of $95,631.25. Following the sale, the insider directly owned 21,415 shares in the company, valued at approximately $765,586.25. The trade was a 11.10% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.45% of the company’s stock.

Key Headlines Impacting Chipotle Mexican Grill

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

• Positive Sentiment: Raymond James maintained an “outperform” rating while lowering its price target from $42.50 to $37.00. The revised target still implies substantial upside from recent trading levels, suggesting the firm views the recent decline as excessive. Raymond James lowers Chipotle price target
• Positive Sentiment: Morgan Stanley raised its price target from $39 to $40, although it retained an “equal weight” rating. The move indicates modestly improved valuation expectations.
• Positive Sentiment: UBS expects Chipotle’s sales growth to strengthen in 2027, supported by new initiatives and investments intended to increase customer traffic and engagement. Historical performance also offers a potential seasonal catalyst: shares produced double-digit fourth-quarter returns in 2020 and 2023. History says Q4 will bring for Chipotle stock
• Neutral Sentiment: Restaurant chains, including Chipotle, are adjusting portion sizes, menu formats and pricing strategies as consumers become more price-conscious. These changes could support traffic but may also affect average checks and margins. Restaurant chains adjust menu strategies
• Negative Sentiment: UBS projects broadly in-line third-quarter sales, including same-store sales growth of 1.5%, but warns that weaker trends entering the fourth quarter could pressure near-term results. Sales growth and restaurant margins remain challenged ahead of the expected 2027 recovery. UBS outlook for Chipotle
• Negative Sentiment: Stephens lowered its price target from $40 to $38 and kept an “equal weight” rating, reinforcing concerns about limited near-term operating momentum.

Chipotle Mexican Grill Trading Down 2.4%

Shares of CMG opened at $29.84 on Friday. The stock has a 50 day moving average of $33.97 and a 200 day moving average of $33.46. The company has a market capitalization of $37.75 billion, a price-to-earnings ratio of 27.37, a PEG ratio of 1.87 and a beta of 0.96. Chipotle Mexican Grill, Inc. has a 12 month low of $28.03 and a 12 month high of $42.74.

Chipotle Mexican Grill (NYSE:CMG) last posted its quarterly earnings data on Wednesday, July 29th. The restaurant operator reported $0.33 earnings per share (EPS) 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 business had revenue of $3.35 billion during the quarter, compared to the consensus estimate of $3.33 billion. During the same quarter last year, the company posted $0.33 earnings per share. The firm’s quarterly revenue was up 9.3% compared to the same quarter last year. As a group, equities research analysts predict that Chipotle Mexican Grill, Inc. will post 1.14 earnings per share for the current year.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on CMG shares. Citigroup reduced their price target on Chipotle Mexican Grill from $46.00 to $45.00 and set a “buy” rating on the stock in a report on Monday, July 13th. Argus upped their price target on Chipotle Mexican Grill from $40.00 to $45.00 and gave the company a “buy” rating in a research report on Tuesday, August 4th. Piper Sandler cut their price target on shares of Chipotle Mexican Grill from $42.00 to $39.00 and set an “overweight” rating on the stock in a research report on Thursday, July 30th. UBS Group reaffirmed a “buy” rating on shares of Chipotle Mexican Grill in a research report on Friday, October 9th. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Chipotle Mexican Grill in a research report on Friday, July 31st. Twenty-two equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. According to data from MarketBeat, Chipotle Mexican Grill presently has a consensus rating of “Moderate Buy” and an average price target of $43.67.

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.