Oppenheimer Asset Management Inc. purchased a new stake in Chipotle Mexican Grill, Inc. (NYSE:CMG – Free Report) during the second quarter, Holdings Channel.com reports. The institutional investor purchased 84,954 shares of the restaurant operator’s stock, valued at approximately $2,888,000.
Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Wealth Watch Advisors INC acquired a new position in shares of Chipotle Mexican Grill in the third quarter worth approximately $25,000. MV Capital Management Inc. acquired a new stake in Chipotle Mexican Grill during the 4th quarter valued at approximately $26,000. Osbon Capital Management LLC acquired a new stake in Chipotle Mexican Grill during the 4th quarter valued at approximately $28,000. Merkkuri Wealth Advisors LLC bought a new position in Chipotle Mexican Grill during the 1st quarter worth approximately $28,000. Finally, Rule One Partners LLC acquired a new position in shares of Chipotle Mexican Grill in the 1st quarter worth approximately $32,000. Institutional investors and hedge funds 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: Improving domestic momentum: Chipotle’s second-quarter revenue increased 9.3% to approximately $3.3 billion, while comparable restaurant sales rose 2.2%, supported by a 1.0% increase in transactions. Management also raised its full-year comparable-sales outlook to low-single-digit growth, encouraging investors that demand may be recovering. Chipotle Eyes Low-Single-Digit 2026 Comps: Is the Worst Over?
- Positive Sentiment: Continued restaurant expansion: The company opened 100 company-owned locations in the quarter, most featuring a Chipotlane. Chipotle also announced plans to open its first Saudi Arabian restaurant in Riyadh later this month with franchise partner Alshaya Group, extending its international growth strategy while limiting the capital required for expansion. Chipotle Debuts in Saudi Arabia With First Restaurant in Riyadh
- Neutral Sentiment: Mixed institutional and analyst signals: Recent filings show substantial buying by JPMorgan and BlackRock but sizable reductions by Capital World Investors and other institutions. Analysts’ median price target is $40, above the current trading level, although Zacks maintains a “Hold” rating. One Zacks update modestly raised its FY2026 EPS estimate to $1.15, while other updates lowered FY2027 and FY2028 estimates.
- Negative Sentiment: Risks remain: Softer near-term trends could challenge the recovery, particularly as consumers remain under pressure and investors rotate toward established restaurant chains. Earlier August salmonella-related jalapeño removals also created brand and traffic concerns, even though the absence of a new escalation may be helping sentiment. Chipotle Opens First Location in the Kingdom of Saudi Arabia
Analysts Set New Price Targets
Read Our Latest Research Report on Chipotle Mexican Grill
Chipotle Mexican Grill Stock Performance
Shares of CMG opened at $33.49 on Friday. The stock has a 50 day moving average price of $33.39 and a two-hundred day moving average price of $34.15. The firm has a market capitalization of $42.38 billion, a P/E ratio of 30.73, a P/E/G ratio of 2.13 and a beta of 0.94. Chipotle Mexican Grill, Inc. has a 52 week low of $28.03 and a 52 week high of $44.27.
Chipotle Mexican Grill (NYSE:CMG – Get Free Report) last posted its earnings results on Wednesday, July 29th. The restaurant operator reported $0.33 earnings per share for the quarter, beating analysts’ consensus estimates of $0.32 by $0.01. The company had revenue of $3.35 billion for the quarter, compared to analyst estimates of $3.33 billion. Chipotle Mexican Grill had a return on equity of 54.65% and a net margin of 11.43%.The company’s revenue for the quarter was up 9.3% on a year-over-year basis. During the same quarter last year, the company earned $0.33 earnings per share. On average, equities analysts forecast that Chipotle Mexican Grill, Inc. will post 1.14 earnings per share for the current year.
Chipotle Mexican Grill Company 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.
Featured Stories
- Five stocks we like better than Chipotle Mexican Grill
- Is Best Buy the AI Winner Hiding in the Electronics Aisle?
- Applied Materials Beat Everything but Wall Street’s Expectations for Margins
- Back From Orbit, Intuitive Machines’ Share Price Enters the Buy Zone
- Texas Roadhouse and Brinker International Have the Recipe Rivals Are Missing
Want to see what other hedge funds are holding CMG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Chipotle Mexican Grill, Inc. (NYSE:CMG – Free Report).
Receive News & Ratings for Chipotle Mexican Grill Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chipotle Mexican Grill and related companies with MarketBeat.com's FREE daily email newsletter.
