Chipotle Mexican Grill, Inc. $CMG Shares Bought by Robertson Stephens Wealth Management LLC

Robertson Stephens Wealth Management LLC boosted its stake in Chipotle Mexican Grill, Inc. (NYSE:CMG) by 11.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 201,241 shares of the restaurant operator’s stock after acquiring an additional 20,276 shares during the period. Robertson Stephens Wealth Management LLC’s holdings in Chipotle Mexican Grill were worth $6,430,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in CMG. Frank Rimerman Advisors LLC bought a new position in Chipotle Mexican Grill during the 3rd quarter worth approximately $1,256,000. Alpine Bank Wealth Management lifted its position in shares of Chipotle Mexican Grill by 359.9% in the 3rd quarter. Alpine Bank Wealth Management now owns 5,979 shares of the restaurant operator’s stock worth $191,000 after purchasing an additional 4,679 shares during the period. Kintegral Advisory LLC lifted its position in shares of Chipotle Mexican Grill by 547.5% in the 3rd quarter. Kintegral Advisory LLC now owns 67,033 shares of the restaurant operator’s stock worth $2,142,000 after purchasing an additional 56,680 shares during the period. TD Waterhouse Canada Inc. boosted its stake in shares of Chipotle Mexican Grill by 887.0% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 672,732 shares of the restaurant operator’s stock valued at $21,494,000 after purchasing an additional 604,573 shares during the last quarter. Finally, Hanson & Doremus Investment Management bought a new stake in shares of Chipotle Mexican Grill in the 3rd quarter valued at $671,000. 91.30% of the stock is currently owned by institutional investors.

Chipotle Mexican Grill Price Performance

NYSE CMG opened at $29.84 on Friday. The business has a 50 day simple moving average of $33.97 and a 200 day simple moving average of $33.46. Chipotle Mexican Grill, Inc. has a one year low of $28.03 and a one year high of $42.74. The stock has a market capitalization of $37.75 billion, a P/E ratio of 27.37, a P/E/G ratio of 1.83 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. Chipotle Mexican Grill had a return on equity of 54.65% and a net margin of 11.43%. The business had revenue of $3.35 billion during the quarter, compared to the consensus estimate of $3.33 billion. During the same period in the previous year, the company posted $0.33 earnings per share. The firm’s revenue for the quarter was up 9.3% on a year-over-year basis. Equities analysts expect that Chipotle Mexican Grill, Inc. will post 1.14 earnings per share for the current 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.

More Chipotle Mexican Grill News

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

• Positive Sentiment: Raymond James maintained an “outperform” rating while lowering its price target from $42.50 to $37.00. The revised target still implies substantial upside from recent trading levels, suggesting the firm views the recent decline as excessive. Raymond James lowers Chipotle price target
• Positive Sentiment: Morgan Stanley raised its price target from $39 to $40, although it retained an “equal weight” rating. The move indicates modestly improved valuation expectations.
• Positive Sentiment: UBS expects Chipotle’s sales growth to strengthen in 2027, supported by new initiatives and investments intended to increase customer traffic and engagement. Historical performance also offers a potential seasonal catalyst: shares produced double-digit fourth-quarter returns in 2020 and 2023. History says Q4 will bring for Chipotle stock
• Neutral Sentiment: Restaurant chains, including Chipotle, are adjusting portion sizes, menu formats and pricing strategies as consumers become more price-conscious. These changes could support traffic but may also affect average checks and margins. Restaurant chains adjust menu strategies
• Negative Sentiment: UBS projects broadly in-line third-quarter sales, including same-store sales growth of 1.5%, but warns that weaker trends entering the fourth quarter could pressure near-term results. Sales growth and restaurant margins remain challenged ahead of the expected 2027 recovery. UBS outlook for Chipotle
• Negative Sentiment: Stephens lowered its price target from $40 to $38 and kept an “equal weight” rating, reinforcing concerns about limited near-term operating momentum.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the stock. JPMorgan Chase & Co. decreased their price objective on shares of Chipotle Mexican Grill from $40.00 to $37.00 and set an “overweight” rating for the company in a research report on Tuesday, September 29th. DA Davidson lifted their target price on shares of Chipotle Mexican Grill from $45.00 to $50.00 and gave the stock a “buy” rating in a research note on Thursday, July 30th. Robert W. Baird restated a “neutral” rating and issued a $40.00 target price (down from $44.00) on shares of Chipotle Mexican Grill in a report on Monday, August 24th. BTIG Research restated a “buy” rating and issued a $45.00 target price on shares of Chipotle Mexican Grill in a report on Wednesday, August 5th. Finally, Morgan Stanley upped their price target on shares of Chipotle Mexican Grill from $39.00 to $40.00 and gave the company an “equal weight” rating in a research report on Thursday. Twenty-two analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $43.67.

Chipotle Mexican Grill Company Profile

Chipotle Mexican Grill, Inc is a fast-casual restaurant company that specializes in Mexican-inspired food made with a limited number of core ingredients. Its menu includes burritos, burrito bowls, tacos, quesadillas, salads and sides, with options such as chicken, steak, barbacoa, carnitas, sofritas and vegetables. The company also offers beverages, including soft drinks and other drinks, and allows customers to customize meals.

Founded by Steve Ells in 1993, Chipotle operates company-owned restaurants under the Chipotle Mexican Grill brand.