Pinnacle Associates Ltd. Has $2.84 Million Holdings in Chipotle Mexican Grill, Inc. $CMG

Pinnacle Associates Ltd. grew its stake in Chipotle Mexican Grill, Inc. (NYSE:CMG) by 119.1% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 72,367 shares of the restaurant operator’s stock after buying an additional 39,344 shares during the period. Pinnacle Associates Ltd.’s holdings in Chipotle Mexican Grill were worth $2,836,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Operose Advisors LLC bought a new stake in shares of Chipotle Mexican Grill in the second quarter valued at about $25,000. Lavaca Capital LLC bought a new position in Chipotle Mexican Grill during the second quarter valued at about $28,000. Twin Peaks Wealth Advisors LLC acquired a new position in Chipotle Mexican Grill in the 2nd quarter valued at approximately $34,000. Evolution Wealth Management Inc. acquired a new position in Chipotle Mexican Grill in the 2nd quarter valued at approximately $34,000. Finally, Salomon & Ludwin LLC bought a new stake in shares of Chipotle Mexican Grill in the 3rd quarter worth approximately $26,000. Institutional investors own 91.30% of the company’s stock.

Key Stories Impacting 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

Chipotle Mexican Grill Price Performance

Shares of CMG opened at $34.69 on Wednesday. The firm has a 50-day moving average of $38.28 and a 200-day moving average of $37.71. The company has a market cap of $45.18 billion, a PE ratio of 30.43, a price-to-earnings-growth ratio of 2.17 and a beta of 1.00. Chipotle Mexican Grill, Inc. has a one year low of $29.75 and a one year high of $58.42.

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

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the company. Truist Financial boosted their price objective on Chipotle Mexican Grill from $45.00 to $50.00 and gave the company a “buy” rating in a research report on Thursday, January 8th. Citigroup raised their price objective on shares of Chipotle Mexican Grill from $48.00 to $49.00 and gave the stock a “buy” rating in a report on Wednesday, February 4th. BTIG Research restated a “buy” rating and issued a $45.00 price objective on shares of Chipotle Mexican Grill in a research report on Wednesday, February 4th. Barclays decreased their price target on Chipotle Mexican Grill from $44.00 to $40.00 and set an “equal weight” rating on the stock in a report on Wednesday, February 4th. Finally, Stephens reaffirmed an “equal weight” rating and set a $35.00 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 MarketBeat.com, Chipotle Mexican Grill has a consensus rating of “Moderate Buy” and an average price target of $47.37.

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.