Capital World Investors raised its holdings in Chipotle Mexican Grill, Inc. (NYSE:CMG – Free Report) by 15.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 101,688,010 shares of the restaurant operator’s stock after buying an additional 13,843,222 shares during the quarter. Capital World Investors owned 0.08% of Chipotle Mexican Grill worth $3,762,457,000 as of its most recent SEC filing.
Other institutional investors have also recently added to or reduced their stakes in the company. Wealth Watch Advisors INC acquired a new position in Chipotle Mexican Grill in the third quarter valued at approximately $25,000. Financial Life Planners acquired a new position in Chipotle Mexican Grill in the third quarter valued at approximately $25,000. Murphy & Mullick Capital Management Corp lifted its stake in Chipotle Mexican Grill by 106.7% in the third quarter. Murphy & Mullick Capital Management Corp now owns 775 shares of the restaurant operator’s stock valued at $30,000 after buying an additional 400 shares during the period. Winthrop Capital Management LLC acquired a new position in Chipotle Mexican Grill in the third quarter valued at approximately $31,000. Finally, Ameriflex Group Inc. lifted its stake in Chipotle Mexican Grill by 109.4% in the third quarter. Ameriflex Group Inc. now owns 890 shares of the restaurant operator’s stock valued at $35,000 after buying an additional 465 shares during the period. 91.30% of the stock is owned by institutional investors and hedge funds.
More Chipotle Mexican Grill News
Here are the key news stories impacting Chipotle Mexican Grill this week:
- Positive Sentiment: JPMorgan upgraded Chipotle Mexican Grill (CMG) to overweight and assigned a $35 price target, signaling meaningful upside from recent levels. Benzinga
- Positive Sentiment: Chipotle’s refreshed Rewards program is showing growth, with loyalty now making up 32% of sales and enrollments rising 25%, which could support traffic and repeat purchases. Can Chipotle Convert Rewards Growth Into Stronger Traffic?
- Positive Sentiment: Several recent articles argue Chipotle’s weakness may reflect a cyclical trough rather than a structural decline, with some analysts seeing recovery potential from current price levels. Chipotle: The Trough Is Not The Trend
- Neutral Sentiment: Chipotle also ran a marketing promotion tied to NBA milestones, offering free entrees, which may help engagement but is not a major fundamental driver. Chipotle nods to NBA milestones to dole out 53K free entrees
- Neutral Sentiment: One article noted that CMG had fallen the prior day despite broader market gains, underscoring recent volatility rather than a new company-specific problem. Chipotle Mexican Grill (CMG) Stock Drops Despite Market Gains: Important Facts to Note
Analyst Ratings Changes
Check Out Our Latest Stock Report on CMG
Chipotle Mexican Grill Stock Up 4.3%
Shares of NYSE:CMG opened at $29.39 on Friday. Chipotle Mexican Grill, Inc. has a twelve month low of $28.03 and a twelve month high of $58.42. The stock’s 50 day moving average is $32.86 and its 200-day moving average is $35.20. The firm has a market capitalization of $37.70 billion, a price-to-earnings ratio of 26.97, a PEG ratio of 1.89 and a beta of 0.99.
Chipotle Mexican Grill (NYSE:CMG – Get Free Report) last issued its earnings results on Wednesday, April 29th. The restaurant operator reported $0.24 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.24. Chipotle Mexican Grill had a return on equity of 49.64% and a net margin of 11.96%.The company had revenue of $3.09 billion for the quarter, compared to analyst estimates of $3.07 billion. During the same period in the prior year, the firm earned $0.29 earnings per share. Chipotle Mexican Grill’s revenue for the quarter was up 7.4% on a year-over-year basis. Equities research analysts anticipate that Chipotle Mexican Grill, Inc. will post 1.13 earnings per share for the current fiscal year.
About Chipotle Mexican Grill
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.
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