Chipotle Mexican Grill, Inc. $CMG Shares Sold by California State Teachers Retirement System

California State Teachers Retirement System trimmed its holdings in Chipotle Mexican Grill, Inc. (NYSE:CMG) by 2.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,054,922 shares of the restaurant operator’s stock after selling 61,812 shares during the quarter. California State Teachers Retirement System’s holdings in Chipotle Mexican Grill were worth $65,778,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Wealth Watch Advisors INC acquired a new position in shares of Chipotle Mexican Grill in the 3rd quarter valued at about $25,000. MV Capital Management Inc. acquired a new stake in Chipotle Mexican Grill during the fourth quarter worth about $26,000. Osbon Capital Management LLC acquired a new stake in Chipotle Mexican Grill during the fourth quarter worth about $28,000. Merkkuri Wealth Advisors LLC purchased a new position in Chipotle Mexican Grill during the first quarter valued at approximately $28,000. Finally, Ankerstar Wealth LLC purchased a new position in Chipotle Mexican Grill during the fourth quarter valued at approximately $33,000. 91.30% of the stock is owned by institutional investors and hedge funds.

More Chipotle Mexican Grill News

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

• Positive Sentiment: Chipotle reported adjusted earnings of $0.33 per share versus the $0.32 consensus estimate, while revenue rose 9.3% year over year to $3.35 billion, ahead of expectations for $3.33 billion. Chipotle shares rise on quarterly earnings beat, raised outlook
• Positive Sentiment: Comparable restaurant sales increased 2.2%, supported by improving transactions, value deals, menu changes and stronger digital engagement. Management also raised its full-year comparable-sales forecast, signaling greater confidence in demand. Chipotle raises annual sales forecast
• Positive Sentiment: Restaurant expansion remains a growth driver: Chipotle opened 100 locations during the quarter, while its Rewards program, digital channels and “Recipe for Growth” initiatives continue to support sales momentum. Chipotle Q2 earnings call highlights growth strategy
• Positive Sentiment: Several analysts responded favorably: DA Davidson raised its price target to $50 and maintained a buy rating, while TD Cowen and BTIG reaffirmed buy ratings with targets of $44 and $45, respectively. Analysts increase forecasts after strong Q2 results
• Neutral Sentiment: Options activity was elevated, with investors purchasing 54,598 call options, about 28% above typical daily call volume. This indicates increased short-term bullish positioning but does not necessarily reflect a change in Chipotle’s fundamentals.
• Negative Sentiment: Margins remain a concern as labor and other operating costs pressure profitability. Management also acknowledged softer traffic in late July, partly linked to consumer concerns about a cyclospora outbreak, although Chipotle said it was not involved in the outbreak. Chipotle stock jumped on improving traffic
• Negative Sentiment: The post-earnings rally leaves valuation demanding, while Piper Sandler lowered its price target to $39 despite retaining an overweight rating. Investors may therefore focus increasingly on sustained traffic gains and margin recovery.

Chipotle Mexican Grill Price Performance

Shares of Chipotle Mexican Grill stock opened at $38.54 on Friday. The business has a 50 day simple moving average of $32.76 and a two-hundred day simple moving average of $34.60. Chipotle Mexican Grill, Inc. has a 12 month low of $28.03 and a 12 month high of $44.27. The stock has a market capitalization of $49.44 billion, a P/E ratio of 35.36, a PEG ratio of 2.24 and a beta of 0.97.

Chipotle Mexican Grill (NYSE:CMG) last issued its quarterly earnings results 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 return on equity of 51.64% and a net margin of 11.43%.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 company posted $0.33 earnings per share. The business’s revenue was up 9.3% on a year-over-year basis. As a group, research analysts anticipate that Chipotle Mexican Grill, Inc. will post 1.13 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have commented on CMG shares. Barclays lowered their price objective on Chipotle Mexican Grill from $40.00 to $38.00 and set an “equal weight” rating on the stock in a research report on Thursday, April 30th. Evercore reiterated an “outperform” rating and issued a $47.00 target price on shares of Chipotle Mexican Grill in a research note on Thursday. Piper Sandler dropped 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. Guggenheim cut their price objective on shares of Chipotle Mexican Grill from $36.00 to $35.00 and set a “neutral” rating for the company in a report on Friday, May 1st. Finally, Citigroup decreased their price objective on shares of Chipotle Mexican Grill from $46.00 to $45.00 and set a “buy” rating for the company in a research report on Monday, July 13th. Twenty-four research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $43.95.

Chipotle Mexican Grill Company Profile

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.