First Nebraska Trust Co Acquires 129,086 Shares of Chipotle Mexican Grill, Inc. $CMG

First Nebraska Trust Co acquired a new position in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 129,086 shares of the restaurant operator’s stock, valued at approximately $4,124,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Stiles Financial Services Inc increased its holdings in Chipotle Mexican Grill by 11.5% during the 3rd quarter. Stiles Financial Services Inc now owns 17,796 shares of the restaurant operator’s stock worth $569,000 after purchasing an additional 1,838 shares in the last quarter. VCI Wealth Management LLC bought a new stake in shares of Chipotle Mexican Grill in the third quarter valued at about $1,311,000. Signature Equity Partners LLC lifted its holdings in shares of Chipotle Mexican Grill by 1,474.9% in the third quarter. Signature Equity Partners LLC now owns 5,764 shares of the restaurant operator’s stock valued at $184,000 after purchasing an additional 5,398 shares in the last quarter. Summit Wealth Group LLC Co. lifted its holdings in shares of Chipotle Mexican Grill by 9.8% in the third quarter. Summit Wealth Group LLC Co. now owns 7,841 shares of the restaurant operator’s stock valued at $251,000 after purchasing an additional 703 shares in the last quarter. Finally, Greenleaf Trust boosted its position in shares of Chipotle Mexican Grill by 3.4% during the third quarter. Greenleaf Trust now owns 19,573 shares of the restaurant operator’s stock worth $625,000 after buying an additional 646 shares during the period. 91.30% of the stock is currently owned by institutional investors and hedge funds.

Chipotle Mexican Grill Price Performance

Shares of CMG opened at $33.24 on Wednesday. The firm has a 50-day moving average of $32.89 and a 200-day moving average of $34.06. Chipotle Mexican Grill, Inc. has a one year low of $27.31 and a one year high of $41.42. The company has a market cap of $42.05 billion, a PE ratio of 31.07, a price-to-earnings-growth ratio of 2.17 and a beta of 1.00.

Chipotle Mexican Grill (NYSE:CMG) last released its quarterly earnings data on Wednesday, October 28th. The restaurant operator reported $0.27 earnings per share for the quarter, missing the consensus estimate of $0.29 by ($0.02). The firm 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 57.05% and a net margin of 10.83%. The firm’s revenue for the quarter was up 9.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.29 earnings per share. Analysts expect that Chipotle Mexican Grill, Inc. will post 1.10 earnings per share for the current year.

Insiders Place Their Bets

In other Chipotle Mexican Grill news, insider Matthew R. Bush sold 2,675 shares of the business’s 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 owned 21,415 shares of the company’s stock, valued at $765,586.25. The trade was a 11.10% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.45% of the stock is currently owned by company insiders.

Chipotle Mexican Grill News Roundup

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

• Positive Sentiment: Chipotle’s Q3 revenue rose 9.6% year over year to $3.29 billion, meeting expectations. Comparable sales growth of 2.1% reportedly came in ahead of forecasts, while digital engagement, menu innovation, and international expansion were highlighted as growth drivers. CMG Q3 deep dive
• Positive Sentiment: Recent bullish commentary argues that Chipotle’s growth strategy could reward long-term investors, and one Trefis article explores the possibility of substantial upside. These are investment opinions, not company guidance or guaranteed outcomes. Motley Fool analysis Trefis analysis
• Neutral Sentiment: Chipotle is among fast-casual chains investing in AI tools for customer insights, forecasting, and kitchen efficiency. The potential benefits may take time to show up in results. Restaurant AI investments
• Negative Sentiment: Despite meeting revenue expectations, Chipotle’s Q3 non-GAAP EPS of $0.27 fell 7.1% short of the consensus estimate, which could weigh on sentiment about profitability. Q3 earnings details

Analysts Set New Price Targets

A number of research analysts recently issued reports on CMG shares. Sanford C. Bernstein reiterated an “outperform” rating and set a $43.00 price objective (down from $50.00) on shares of Chipotle Mexican Grill in a report on Thursday, October 29th. DA Davidson reissued a “buy” rating and issued a $45.00 target price on shares of Chipotle Mexican Grill in a research report on Thursday, October 29th. Piper Sandler cut their target price on Chipotle Mexican Grill from $42.00 to $39.00 and set an “overweight” rating on the stock in a research note on Thursday, July 30th. Seaport Research Partners assumed coverage on Chipotle Mexican Grill in a research report on Wednesday, September 16th. They set a “neutral” rating for the company. Finally, Evercore reaffirmed an “outperform” rating and set a $47.00 price target (up from $45.00) on shares of Chipotle Mexican Grill in a research note on Thursday, July 30th. Twenty-seven research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $42.36.

Chipotle Mexican Grill 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.