William Blair Investment Management LLC Sells 763,543 Shares of Chipotle Mexican Grill, Inc. $CMG

William Blair Investment Management LLC lowered its position in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) by 23.6% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 2,472,219 shares of the restaurant operator’s stock after selling 763,543 shares during the quarter. William Blair Investment Management LLC’s holdings in Chipotle Mexican Grill were worth $78,987,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the company. BlackRock Inc. purchased a new position in shares of Chipotle Mexican Grill in the second quarter valued at about $4,417,475,000. Bank of America Corp DE purchased a new position in Chipotle Mexican Grill during the 2nd quarter valued at about $383,483,000. Legal & General Group Plc purchased a new position in Chipotle Mexican Grill during the 2nd quarter valued at about $265,887,000. Man Group plc purchased a new position in Chipotle Mexican Grill during the 2nd quarter valued at about $240,389,000. Finally, Bank of New York Mellon Corp purchased a new position in Chipotle Mexican Grill during the 2nd quarter valued at about $222,809,000. Institutional investors own 91.30% of the company’s stock.

Insider Buying and Selling at Chipotle Mexican Grill

In related news, insider Matthew R. Bush sold 2,675 shares of the company’s stock in a transaction on 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 of the company’s stock, valued at $765,586.25. This represents a 11.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.45% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on CMG shares. Guggenheim reiterated a “neutral” rating and issued a $32.00 price objective (down from $36.00) on shares of Chipotle Mexican Grill in a report on Thursday, October 29th. Deutsche Bank cut their price objective on Chipotle Mexican Grill from $51.00 to $45.00 and set a “buy” rating on the stock in a research report on Wednesday, October 21st. BNP Paribas Exane reduced their target price on Chipotle Mexican Grill from $39.00 to $36.00 and set a “neutral” rating on the stock in a research note on Thursday, October 29th. Bank of America restated a “buy” rating and set a $53.00 target price (up from $50.00) on shares of Chipotle Mexican Grill in a report on Tuesday, September 1st. Finally, Evercore restated an “outperform” rating and set a $47.00 target price (up from $45.00) on shares of Chipotle Mexican Grill in a report on Thursday, July 30th. Twenty-six investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat.com, Chipotle Mexican Grill presently has an average rating of “Moderate Buy” and a consensus target price of $42.44.

Chipotle Mexican Grill Trading Up 0.3%

Shares of CMG stock traded up $0.10 during midday trading on Friday, reaching $35.27. 11,955,091 shares of the stock were exchanged, compared to its average volume of 21,316,396. Chipotle Mexican Grill, Inc. has a 1 year low of $27.31 and a 1 year high of $41.42. The company’s 50 day moving average is $32.53 and its two-hundred day moving average is $33.87. The firm has a market cap of $44.61 billion, a PE ratio of 32.96, a price-to-earnings-growth ratio of 2.32 and a beta of 1.00.

Chipotle Mexican Grill (NYSE:CMG) last announced its earnings results on Wednesday, October 28th. The restaurant operator reported $0.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.29 by ($0.02). The firm had revenue of $3.29 billion during the quarter, compared to the consensus estimate 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 was up 9.6% on a year-over-year basis. During the same period in the prior year, the company posted $0.29 EPS. As a group, equities analysts expect that Chipotle Mexican Grill, Inc. will post 1.10 EPS for the current fiscal year.

Trending Headlines about Chipotle Mexican Grill

Here are a few of the latest headlines about CMG:

• Positive Sentiment: Chipotle repurchased billions of dollars in stock over the past 12 months, including shares at an average price of $34.05 last quarter. The article argues the buybacks may help support the stock as the business recovers. Chipotle Bought Back Stock at $34.05 a Share Last Quarter. Is It Still a Buy Today?
• Neutral Sentiment: A comparison with Coca-Cola highlights Chipotle’s company-owned restaurant model and digital sales as growth drivers, but offers no new company-specific development or direct catalyst for CMG shares. Chipotle Mexican Grill vs. Coca-Cola: Which Stock Is a Buy After the Nvidia Sell-Off?
• Negative Sentiment: Zacks cut its 2026 EPS estimate to $1.09 from $1.15 and lowered its Q4 2026 estimate to $0.25 from $0.29. The revisions point to near-term earnings pressure and offset some of the optimism in its later-year forecasts. Zacks Research earnings estimate revisions

Chipotle Mexican Grill Profile

Chipotle Mexican Grill is a fast-casual restaurant company that serves Mexican-inspired food, including burritos, bowls, tacos and salads. Customers can customize meals with ingredients such as rice, beans, meats, vegetables, salsas and guacamole. Founded by Steve Ells in Denver, Colorado, in 1993, Chipotle built its business around preparing food in restaurant kitchens and emphasizing ingredients it describes as responsibly sourced. The company primarily operates its own restaurants, rather than relying on a franchise model.