Chipotle Mexican Grill, Inc. $CMG Stock Bought by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC lifted its stake in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) by 5.7% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 396,334 shares of the restaurant operator’s stock after acquiring an additional 21,545 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Chipotle Mexican Grill were worth $12,663,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in CMG. BlackRock Inc. bought a new stake in Chipotle Mexican Grill in the second quarter valued at approximately $4,417,475,000. Arrowstreet Capital Limited Partnership increased its position 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 valued at $527,469,000 after purchasing an additional 2,727,762 shares during the period. Amundi increased its position in Chipotle Mexican Grill by 23.3% during the 1st quarter. Amundi now owns 11,980,192 shares of the restaurant operator’s stock valued at $383,486,000 after purchasing an additional 2,266,087 shares during the period. Bank of America Corp DE acquired a new stake in Chipotle Mexican Grill during the 2nd quarter valued at approximately $383,483,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings 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 purchasing an additional 2,541,795 shares during the last quarter. 91.30% of the stock is currently owned by institutional investors.

More Chipotle Mexican Grill News

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

• Positive Sentiment: Wells Fargo reduced its price target to $40 from $45 but maintained an Overweight rating, implying substantial upside from current levels and signaling that the firm still views Chipotle’s long-term recovery as intact. Benzinga analyst update
• Positive Sentiment: Chipotle is bringing back its Boorito Halloween promotion, offering $6 entrées to Rewards members who visit in costume. The campaign could support traffic and customer engagement, although the discount may limit its effect on profitability. Boorito promotion announcement
• Neutral Sentiment: Chipotle’s Cultivate Next venture fund participated in a $12 million funding round for agricultural-biologicals company IMIO. The investment supports Chipotle’s supply-chain and soil-health goals but is unlikely to materially affect near-term earnings. IMIO funding announcement
• Negative Sentiment: TD Cowen downgraded CMG to Hold from Buy and slashed its price target to $32 from $44, citing soft October sales and a “lackluster start to Q4.” The firm expects same-store sales growth below consensus for the fourth quarter and 2027, raising concerns that the recovery is losing momentum. TD Cowen downgrade
• Negative Sentiment: Investors are approaching next week’s earnings report cautiously. Pre-release analysis indicates Chipotle may lack the usual combination of positive earnings revisions and strong estimates needed for a likely earnings beat. Chipotle earnings preview
• Negative Sentiment: Unusually heavy put-option activity—80,695 puts purchased, about 61% above typical volume—signals increased demand for downside protection or bearish speculation. The stock is also trading near its one-year low and below its 50-day and 200-day moving averages.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on CMG. Mizuho restated an “outperform” rating and issued a $43.00 price target on shares of Chipotle Mexican Grill in a research report on Tuesday, September 1st. DA Davidson increased their price objective on shares of Chipotle Mexican Grill from $45.00 to $50.00 and gave the stock a “buy” rating in a research report on Thursday, July 30th. Argus increased their price objective on shares of Chipotle Mexican Grill from $40.00 to $45.00 and gave the stock a “buy” rating in a research report on Tuesday, August 4th. BTIG Research reissued a “buy” rating and set a $45.00 target price on shares of Chipotle Mexican Grill in a research note on Wednesday, August 5th. Finally, JPMorgan Chase & Co. dropped their target price on shares of Chipotle Mexican Grill from $40.00 to $37.00 and set an “overweight” rating on the stock in a report on Tuesday, September 29th. Twenty-one analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $42.96.

Chipotle Mexican Grill Price Performance

Shares of Chipotle Mexican Grill stock opened at $28.11 on Thursday. Chipotle Mexican Grill, Inc. has a one year low of $27.87 and a one year high of $42.38. The stock’s 50-day moving average is $33.79 and its 200 day moving average is $33.41. The firm has a market cap of $35.57 billion, a price-to-earnings ratio of 25.79, a PEG ratio of 1.80 and a beta of 0.96.

Chipotle Mexican Grill (NYSE:CMG) last issued its 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. The business had revenue of $3.35 billion during the quarter, compared to the consensus estimate of $3.33 billion. Chipotle Mexican Grill had a return on equity of 54.65% and a net margin of 11.43%. The firm’s revenue for the quarter was up 9.3% on a year-over-year basis. During the same period in the previous year, the company posted $0.33 earnings per share. On average, sell-side analysts expect that Chipotle Mexican Grill, Inc. will post 1.14 EPS for the current fiscal year.

Insider Activity

In other Chipotle Mexican Grill news, insider Matthew R. Bush sold 2,675 shares of the stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $35.75, for a total transaction of $95,631.25. Following the transaction, the insider directly 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 filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.45% of the company’s stock.

Chipotle Mexican Grill Company Profile

Chipotle Mexican Grill, Inc (NYSE: CMG) operates a chain of fast-casual restaurants focused on Mexican-inspired food. Its menu includes burritos, burrito bowls, tacos, quesadillas and salads, with options such as chicken, steak, barbacoa, carnitas, sofritas and vegetables. The company emphasizes preparing food in its restaurants from ingredients it describes as responsibly sourced, including meats raised with attention to animal welfare and produce from selected suppliers.

Founded by Steve Ells in 1993, Chipotle opened its first restaurant in Denver, Colorado.