Magellan Asset Management Ltd Reduces Position in Chipotle Mexican Grill, Inc. $CMG

Magellan Asset Management Ltd decreased its holdings in Chipotle Mexican Grill, Inc. (NYSE:CMG) by 1.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,827,700 shares of the restaurant operator’s stock after selling 73,217 shares during the period. Chipotle Mexican Grill accounts for about 2.2% of Magellan Asset Management Ltd’s holdings, making the stock its 17th biggest position. Magellan Asset Management Ltd owned 0.37% of Chipotle Mexican Grill worth $189,198,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. boosted its holdings in 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 worth $4,935,092,000 after buying an additional 2,470,213 shares during the period. Alliancebernstein L.P. raised its holdings in Chipotle Mexican Grill by 1.9% during the 2nd quarter. Alliancebernstein L.P. now owns 33,111,508 shares of the restaurant operator’s stock valued at $1,859,211,000 after acquiring an additional 606,190 shares during the period. Geode Capital Management LLC lifted 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 acquiring an additional 325,926 shares in the last quarter. American Century Companies Inc. boosted its holdings in shares of Chipotle Mexican Grill by 2.9% in the second quarter. American Century Companies Inc. now owns 21,257,666 shares of the restaurant operator’s stock worth $1,193,618,000 after acquiring an additional 595,038 shares during the period. Finally, Norges Bank bought a new position in shares of Chipotle Mexican Grill in the second quarter worth $1,001,668,000. Institutional investors own 91.30% of the company’s stock.

Chipotle Mexican Grill News Roundup

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

• Positive Sentiment: Billionaire investor interest — Coverage shows a prominent investor adding a stake in Chipotle, a vote of confidence that can attract capital and lift sentiment toward the beaten-down stock. Billionaire Investor Bets On Chipotle While Stock Trades Near 52-Week Low
• Positive Sentiment: Underlying fundamentals remain supportive — Chipotle recently topped EPS and revenue expectations for the quarter and analysts remain generally constructive on its multi‑year growth and margins, which can underpin longer‑term investor confidence.
• Neutral Sentiment: High retail/investor attention — Zacks and other outlets note heavy investor searches and commentary on CMG, which raises liquidity and volatility but doesn’t alone change fundamentals. Investors Heavily Search Chipotle Mexican Grill, Inc. (CMG): Here is What You Need to Know
• Neutral Sentiment: Industry context — Coverage of peers (Dutch Bros, Cava) highlights both expansion potential and sector headwinds; this comparative reporting may influence investor expectations about unit economics and competition but is indirect for CMG. Dutch Bros’ 7,000-Unit Growth Path: Is the Model Positioned to Scale? Bowl Slop? Cava CEO Doesn’t Want to Hear It
• Neutral Sentiment: Educational/valuation pieces — Articles explaining Chipotle’s business model and comparing value against peers provide context for investors but are unlikely to move the stock by themselves. How Chipotle Makes Money BJRI vs. CMG: Which Stock Is the Better Value Option?
• Negative Sentiment: Trade-policy risk — Reports say the U.S. announced new global tariffs, rekindling trade uncertainty that pushed shares lower today because tariffs can raise input costs or weigh on investor risk appetite for restaurant names. Why Chipotle (CMG) Shares Are Sliding Today

Wall Street Analysts Forecast Growth

CMG has been the topic of a number of analyst reports. Argus reiterated a “hold” rating on shares of Chipotle Mexican Grill in a research note on Thursday, February 5th. BTIG Research reaffirmed a “buy” rating and set a $45.00 target price on shares of Chipotle Mexican Grill in a report on Wednesday, February 4th. KeyCorp lowered their price target on shares of Chipotle Mexican Grill from $45.00 to $42.00 and set an “overweight” rating on the stock in a report on Wednesday, February 4th. Evercore restated an “outperform” rating and issued a $45.00 price objective on shares of Chipotle Mexican Grill in a research report on Friday, December 19th. Finally, Stifel Nicolaus reduced their price objective on shares of Chipotle Mexican Grill from $50.00 to $45.00 and set a “buy” rating for the company in a research note on Wednesday, February 4th. Twenty-two research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $47.24.

Chipotle Mexican Grill Trading Down 0.2%

Shares of CMG opened at $36.52 on Wednesday. Chipotle Mexican Grill, Inc. has a 12-month low of $29.75 and a 12-month high of $58.42. The company has a market cap of $47.57 billion, a PE ratio of 32.04, a price-to-earnings-growth ratio of 2.25 and a beta of 0.99. The stock has a 50-day moving average price of $38.48 and a 200-day moving average price of $38.17.

Chipotle Mexican Grill (NYSE:CMG) last posted its quarterly earnings data on Tuesday, February 3rd. The restaurant operator reported $0.25 earnings per share for the quarter, topping the consensus estimate 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 for the quarter, compared to analysts’ expectations of $2.96 billion. During the same period in the prior year, the business earned $0.25 earnings per share. Chipotle Mexican Grill’s revenue for the quarter was up 4.9% compared to the same quarter last year. As a group, analysts predict 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.