24,585 Chipotle Mexican Grill, Inc. $CMG Shares Bought by Krilogy Financial LLC
by Danessa Lincoln · The Markets DailyKrilogy Financial LLC boosted its stake in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG – Free Report) by 280.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 33,350 shares of the restaurant operator’s stock after acquiring an additional 24,585 shares during the quarter. Krilogy Financial LLC’s holdings in Chipotle Mexican Grill were worth $1,066,000 at the end of the most recent reporting period.
Other hedge funds have also recently added to or reduced their stakes in the company. MV Capital Management Inc. acquired a new position in shares of Chipotle Mexican Grill in the fourth quarter worth about $26,000. Osbon Capital Management LLC acquired a new stake in shares of Chipotle Mexican Grill during the 2nd quarter valued at about $26,000. Meeder Asset Management Inc. acquired a new stake in shares of Chipotle Mexican Grill during the 2nd quarter valued at about $27,000. Merkkuri Wealth Advisors LLC purchased a new position in shares of Chipotle Mexican Grill in the 1st quarter valued at about $28,000. Finally, Kelleher Financial Advisors purchased a new position in shares of Chipotle Mexican Grill in the 2nd quarter valued at about $28,000. 91.30% of the stock is owned by hedge funds and other institutional investors.
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.
Analyst Ratings Changes
A number of research firms recently weighed in on CMG. DA Davidson upped their price target on Chipotle Mexican Grill from $45.00 to $50.00 and gave the stock a “buy” rating in a report on Thursday, July 30th. Mizuho reissued an “outperform” rating and issued a $43.00 price objective on shares of Chipotle Mexican Grill in a report on Tuesday, September 1st. Robert W. Baird restated a “neutral” rating and issued a $40.00 price objective (down from $44.00) on shares of Chipotle Mexican Grill in a research report on Monday, August 24th. JPMorgan Chase & Co. reduced their target price on Chipotle Mexican Grill from $40.00 to $37.00 and set an “overweight” rating for the company in a research note on Tuesday, September 29th. Finally, Raymond James Financial reduced their target price on Chipotle Mexican Grill from $42.50 to $37.00 and set an “outperform” rating for the company in a research note on Friday. Twenty-two analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat, Chipotle Mexican Grill currently has a consensus rating of “Moderate Buy” and a consensus price target of $43.67.
View Our Latest Analysis on Chipotle Mexican Grill
Chipotle Mexican Grill Trading Down 2.4%
NYSE:CMG traded down $0.74 during trading hours on Friday, hitting $29.84. 17,207,197 shares of the stock were exchanged, compared to its average volume of 20,659,004. Chipotle Mexican Grill, Inc. has a 52-week low of $28.03 and a 52-week high of $42.74. The firm’s fifty day moving average price is $33.97 and its 200 day moving average price is $33.46. The company has a market cap of $37.75 billion, a P/E ratio of 27.37, a P/E/G ratio of 1.87 and a beta of 0.96.
Chipotle Mexican Grill (NYSE:CMG – Get Free Report) last released its earnings results on Wednesday, July 29th. The restaurant operator reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.32 by $0.01. The business had revenue of $3.35 billion for the quarter, compared to the consensus estimate of $3.33 billion. Chipotle Mexican Grill had a return on equity of 54.65% and a net margin of 11.43%. The business’s quarterly revenue was up 9.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.33 earnings per share. Equities analysts expect that Chipotle Mexican Grill, Inc. will post 1.14 EPS for the current fiscal year.
Insider Activity at Chipotle Mexican Grill
In related news, insider Matthew R. Bush sold 2,675 shares of the 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 completion of the transaction, the insider directly owned 21,415 shares of the company’s stock, valued at approximately $765,586.25. This represents a 11.10% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.45% of the company’s stock.
About Chipotle Mexican Grill
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.
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