Robertson Stephens Wealth Management LLC Buys 20,276 Shares of Chipotle Mexican Grill, Inc. $CMG

Robertson Stephens Wealth Management LLC lifted its stake in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) by 11.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 201,241 shares of the restaurant operator’s stock after purchasing an additional 20,276 shares during the quarter. Robertson Stephens Wealth Management LLC’s holdings in Chipotle Mexican Grill were worth $6,430,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the company. Groupama Asset Managment increased its position in Chipotle Mexican Grill by 1.9% in the 4th quarter. Groupama Asset Managment now owns 15,596 shares of the restaurant operator’s stock valued at $568,000 after buying an additional 291 shares in the last quarter. Citizens Financial Group Inc. RI raised its stake in Chipotle Mexican Grill by 2.5% during the 1st quarter. Citizens Financial Group Inc. RI now owns 12,708 shares of the restaurant operator’s stock worth $407,000 after buying an additional 311 shares during the period. ANB Bank boosted its holdings in Chipotle Mexican Grill by 5.8% in the first quarter. ANB Bank now owns 6,317 shares of the restaurant operator’s stock worth $202,000 after acquiring an additional 349 shares in the last quarter. State of Wyoming boosted its holdings in Chipotle Mexican Grill by 10.9% in the first quarter. State of Wyoming now owns 3,759 shares of the restaurant operator’s stock worth $120,000 after acquiring an additional 368 shares in the last quarter. Finally, Valmark Advisers Inc. boosted its holdings in Chipotle Mexican Grill by 2.9% in the first quarter. Valmark Advisers Inc. now owns 13,275 shares of the restaurant operator’s stock worth $425,000 after acquiring an additional 377 shares in the last quarter. 91.30% of the stock is currently owned by institutional investors and hedge funds.

Chipotle Mexican Grill Price Performance

NYSE:CMG opened at $29.84 on Friday. Chipotle Mexican Grill, Inc. has a one year low of $28.03 and a one year high of $42.74. The company has a market cap of $37.75 billion, a PE ratio of 27.37, a PEG ratio of 1.83 and a beta of 0.96. The firm has a 50-day moving average of $33.97 and a 200-day moving average of $33.46.

Chipotle Mexican Grill (NYSE:CMG) last announced its earnings results on Wednesday, July 29th. The restaurant operator reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.32 by $0.01. Chipotle Mexican Grill had a return on equity of 54.65% and a net margin of 11.43%. The company had revenue of $3.35 billion for the quarter, compared to analysts’ expectations of $3.33 billion. During the same quarter in the previous year, the firm earned $0.33 earnings per share. Chipotle Mexican Grill’s quarterly revenue was up 9.3% on a year-over-year basis. On average, equities research analysts expect that Chipotle Mexican Grill, Inc. will post 1.14 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on CMG shares. Sanford C. Bernstein reissued an “outperform” rating on shares of Chipotle Mexican Grill in a research note on Friday, July 31st. Mizuho reaffirmed an “outperform” rating and set a $43.00 target price on shares of Chipotle Mexican Grill in a research report on Tuesday, September 1st. Stephens cut their target price on Chipotle Mexican Grill from $40.00 to $38.00 and set an “equal weight” rating on the stock in a report on Thursday. UBS Group reiterated a “buy” rating on shares of Chipotle Mexican Grill in a report on Friday, October 9th. Finally, DA Davidson lifted their price target on shares of Chipotle Mexican Grill from $45.00 to $50.00 and gave the company a “buy” rating in a research report on Thursday, July 30th. Twenty-two research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $43.67.

Insider Activity

In related news, insider Matthew R. Bush sold 2,675 shares of the firm’s stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $35.75, for a total transaction of $95,631.25. Following the completion of the sale, the insider owned 21,415 shares in the company, valued at approximately $765,586.25. This trade represents a 11.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 0.45% of the stock is currently owned by corporate insiders.

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.

Chipotle Mexican Grill Company Profile

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.