Oppenheimer & Co. Inc. Buys 82,909 Shares of Chipotle Mexican Grill, Inc. $CMG

Oppenheimer & Co. Inc. lifted its stake in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) by 285.1% during the third quarter, Holdings Channel.com reports. The firm owned 111,992 shares of the restaurant operator’s stock after buying an additional 82,909 shares during the period. Oppenheimer & Co. Inc.’s holdings in Chipotle Mexican Grill were worth $3,578,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in CMG. Citizens Financial Group Inc. RI grew its position in shares of Chipotle Mexican Grill by 2.5% during the 1st quarter. Citizens Financial Group Inc. RI now owns 12,708 shares of the restaurant operator’s stock worth $407,000 after buying an additional 311 shares during the period. ANB Bank raised its stake in Chipotle Mexican Grill by 5.8% during the 1st quarter. ANB Bank now owns 6,317 shares of the restaurant operator’s stock worth $202,000 after buying an additional 349 shares during the period. State of Wyoming lifted its holdings in Chipotle Mexican Grill by 10.9% during the first quarter. State of Wyoming now owns 3,759 shares of the restaurant operator’s stock worth $120,000 after acquiring an additional 368 shares in the last quarter. Valmark Advisers Inc. lifted its holdings in Chipotle Mexican Grill by 2.9% during the first quarter. Valmark Advisers Inc. now owns 13,275 shares of the restaurant operator’s stock worth $425,000 after acquiring an additional 377 shares in the last quarter. Finally, GM Advisory Group LLC lifted its holdings in Chipotle Mexican Grill by 7.2% during the first quarter. GM Advisory Group LLC now owns 6,434 shares of the restaurant operator’s stock worth $206,000 after acquiring an additional 434 shares in the last quarter. Institutional investors own 91.30% of the company’s stock.

Trending Headlines about Chipotle Mexican Grill

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

• Positive Sentiment: Comparable-sales recovery: Third-quarter comparable restaurant sales rose 2.1%, marking the third consecutive quarter of positive transaction growth. Value offers, limited-time menu items, loyalty initiatives and digital engagement helped bring customers back. Chipotle beats quarterly sales expectations on resilient demand
• Positive Sentiment: Revenue beat expectations: Third-quarter revenue rose 9.6% year over year to $3.29 billion, in line with or slightly above analysts’ expectations, supported by new restaurant openings and higher sales at existing locations. Chipotle Logs Higher Revenue as Same-Restaurant Sales Climb
• Positive Sentiment: Growth initiatives remain intact: Chipotle opened 84 company-owned restaurants in the quarter, had more than 24 million active loyalty members and plans to open as many as 385 locations in 2027. A brisket launch, additional Chipotlanes and technology investments could support future traffic. Chipotle: 3 Key Takeaways for Long-Term Investors
• Positive Sentiment: Analyst support: DA Davidson and BTIG reaffirmed “buy” ratings with $45 price targets, while Oppenheimer maintained an “outperform” rating and a $51 target. These targets imply substantial upside if the traffic recovery continues.
• Neutral Sentiment: Pricing is offsetting inflation: Chipotle plans approximately 3% menu-price increases in the fourth quarter to offset higher beef, freight and labor expenses. Pricing supports revenue but could test customer demand. Chipotle stock soars after chain reveals menu price increases
• Negative Sentiment: Profitability remains pressured: Adjusted earnings of $0.27 per share fell short of the $0.29 consensus and declined from the prior year, reflecting elevated operating costs and margin pressure. Chipotle earnings miss estimates, but same-store sales increase
• Negative Sentiment: Several target reductions: JPMorgan, KeyBanc, Citigroup, BNP Paribas Exane and Bernstein lowered their price targets, signaling caution about margins and the pace of the recovery, even though most revised targets remain above the current market level.

Insider Buying and Selling

In other Chipotle Mexican Grill news, insider Matthew R. Bush sold 2,675 shares of the business’s stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $35.75, for a total transaction of $95,631.25. Following the sale, the insider directly owned 21,415 shares of the company’s stock, valued at $765,586.25. The trade was a 11.10% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. 0.45% of the stock is owned by company insiders.

Chipotle Mexican Grill Stock Up 9.1%

NYSE:CMG opened at $31.33 on Friday. Chipotle Mexican Grill, Inc. has a twelve month low of $27.31 and a twelve month high of $41.42. The business has a 50 day moving average price of $33.13 and a two-hundred day moving average price of $34.17. The company has a market cap of $39.65 billion, a P/E ratio of 26.36, a price-to-earnings-growth ratio of 1.75 and a beta of 0.96.

Chipotle Mexican Grill (NYSE:CMG) last announced its earnings results on Wednesday, October 28th. The restaurant operator reported $0.27 EPS for the quarter, missing the consensus estimate of $0.29 by ($0.02). The business had revenue of $3.29 billion for the quarter, compared to analyst estimates of $3.29 billion. Chipotle Mexican Grill had a return on equity of 56.91% and a net margin of 10.83%. The business’s revenue for the quarter was up 9.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.29 EPS. As a group, analysts anticipate that Chipotle Mexican Grill, Inc. will post 1.14 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on CMG shares. Weiss Ratings upgraded Chipotle Mexican Grill from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, August 7th. Evercore reissued an “outperform” rating and set a $47.00 target price (up from $45.00) on shares of Chipotle Mexican Grill in a research note on Thursday, July 30th. Seaport Research Partners started coverage on shares of Chipotle Mexican Grill in a report on Wednesday, September 16th. They set a “neutral” rating on the stock. Robert W. Baird dropped their target price on shares of Chipotle Mexican Grill from $40.00 to $35.00 and set a “neutral” rating on the stock in a report on Friday, October 2nd. Finally, Argus lifted their price target on shares of Chipotle Mexican Grill from $40.00 to $45.00 and gave the company a “buy” rating in a research note on Tuesday, August 4th. Twenty-seven equities research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $42.44.

About Chipotle Mexican Grill

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.