Pinnacle Associates Ltd. Raises Stock Position in Chipotle Mexican Grill, Inc. $CMG

Pinnacle Associates Ltd. raised its position in Chipotle Mexican Grill, Inc. (NYSE:CMG) by 119.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 72,367 shares of the restaurant operator’s stock after acquiring an additional 39,344 shares during the quarter. Pinnacle Associates Ltd.’s holdings in Chipotle Mexican Grill were worth $2,836,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Vanguard Group Inc. raised its stake in shares of Chipotle Mexican Grill by 2.0% in the 3rd quarter. Vanguard Group Inc. now owns 125,927,338 shares of the restaurant operator’s stock valued at $4,935,092,000 after purchasing an additional 2,470,213 shares in the last quarter. Alliancebernstein L.P. increased its holdings in shares of Chipotle Mexican Grill by 1.9% in the 2nd quarter. Alliancebernstein L.P. now owns 33,111,508 shares of the restaurant operator’s stock worth $1,859,211,000 after acquiring an additional 606,190 shares during the period. Geode Capital Management LLC boosted its position in shares of Chipotle Mexican Grill by 1.1% during the second quarter. Geode Capital Management LLC now owns 29,659,508 shares of the restaurant operator’s stock worth $1,657,193,000 after buying an additional 325,926 shares during the period. American Century Companies Inc. raised its stake in shares of Chipotle Mexican Grill by 2.9% during the second quarter. American Century Companies Inc. now owns 21,257,666 shares of the restaurant operator’s stock valued at $1,193,618,000 after purchasing an additional 595,038 shares in the last quarter. Finally, Norges Bank acquired a new stake in shares of Chipotle Mexican Grill in the 2nd quarter worth approximately $1,001,668,000. Hedge funds and other 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: Jim Cramer publicly said he’d buy CMG on the pullback, offering short-term investor confidence from a televised market voice. Jim Cramer on Chipotle
• Positive Sentiment: A retrospective piece showing huge long-term gains for early Chipotle investors underscores the company’s historical growth and franchise economics — a reminder some investors cite when evaluating a buy-the-dip case. 20-year return analysis
• Neutral Sentiment: Chipotle is running a one-hour BOGO marketing flash on March 13 tied to a Swae Lee promotion — positive for customer engagement but unlikely to materially change near-term comps. BOGO promotion
• Neutral Sentiment: DA Davidson initiated research coverage on CMG — new coverage can increase analyst attention and liquidity but impact depends on the stance of the report. DA Davidson coverage start
• Negative Sentiment: Zacks placed CMG on its Rank #5 (Strong Sell) list, a formal downgrade that can pressure sentiment and trigger algorithmic or fund-level selling. Zacks Strong Sell addition
• Negative Sentiment: Reporting highlights declining same-store sales and softer foot traffic while Chipotle presses ahead with plans to open hundreds of new restaurants — a combination that raises investor concerns about timing expansion amid weakening demand. Softer sales vs expansion
• Negative Sentiment: Macro pressure: a weak U.S. jobs report triggered a restaurant-sector sell-off that pulled CMG lower and prompted fresh valuation scrutiny — amplifies downside risk if consumer spending remains soft. Industry sell-off analysis
• Negative Sentiment: Analyst/commentary pieces note CMG is down sharply from its 52-week high and question whether recent comps declines are cyclical or structural — creating debate that can keep volatility elevated. Fool: Down >40% from high

Wall Street Analysts Forecast Growth

Several research firms recently commented on CMG. Weiss Ratings reissued a “hold (c-)” rating on shares of Chipotle Mexican Grill in a research note on Monday, December 29th. Stifel Nicolaus reiterated a “buy” rating on shares of Chipotle Mexican Grill in a research note on Monday. Argus reaffirmed a “hold” rating on shares of Chipotle Mexican Grill in a research note on Thursday, February 5th. Piper Sandler reduced their price objective on shares of Chipotle Mexican Grill from $47.00 to $44.00 and set an “overweight” rating for the company in a research note on Wednesday, February 4th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $48.00 price objective on shares of Chipotle Mexican Grill in a research note on Wednesday, February 4th. Twenty-three analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $47.37.

Chipotle Mexican Grill Price Performance

Chipotle Mexican Grill stock opened at $34.69 on Wednesday. Chipotle Mexican Grill, Inc. has a fifty-two week low of $29.75 and a fifty-two week high of $58.42. The firm has a fifty day moving average price of $38.28 and a two-hundred day moving average price of $37.71. The firm has a market cap of $45.18 billion, a price-to-earnings ratio of 30.43, a P/E/G ratio of 2.17 and a beta of 1.00.

Chipotle Mexican Grill (NYSE:CMG) last posted its quarterly earnings data on Tuesday, February 3rd. The restaurant operator reported $0.25 EPS for the quarter, topping analysts’ consensus estimates of $0.24 by $0.01. Chipotle Mexican Grill had a return on equity of 47.99% and a net margin of 12.88%.The business had revenue of $2.98 billion for the quarter, compared to analyst estimates of $2.96 billion. During the same period in the previous year, the company posted $0.25 earnings per share. The firm’s revenue for the quarter was up 4.9% on a year-over-year basis. As a group, sell-side analysts expect that Chipotle Mexican Grill, Inc. will post 1.29 earnings per share for the current year.

Chipotle Mexican Grill 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.