Chipotle Mexican Grill, Inc. $CMG Stock Position Lifted by Nippon Life Global Investors Americas Inc.

Nippon Life Global Investors Americas Inc. raised its stake in Chipotle Mexican Grill, Inc. (NYSE:CMG) by 754.6% in the third quarter, Holdings Channel reports. The fund owned 360,320 shares of the restaurant operator’s stock after purchasing an additional 318,160 shares during the quarter. Nippon Life Global Investors Americas Inc.’s holdings in Chipotle Mexican Grill were worth $11,512,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. BlackRock Inc. bought a new position in Chipotle Mexican Grill in the 2nd quarter valued at approximately $4,417,475,000. Arrowstreet Capital Limited Partnership increased its holdings in shares of Chipotle Mexican Grill by 19.8% during the first quarter. Arrowstreet Capital Limited Partnership now owns 16,478,248 shares of the restaurant operator’s stock worth $527,469,000 after buying an additional 2,727,762 shares in the last quarter. Amundi lifted its stake in shares of Chipotle Mexican Grill by 23.3% in the 1st quarter. Amundi now owns 11,980,192 shares of the restaurant operator’s stock valued at $383,486,000 after acquiring an additional 2,266,087 shares during the last quarter. Bank of America Corp DE lifted its stake in shares of Chipotle Mexican Grill by 86.1% in the 1st quarter. Bank of America Corp DE now owns 11,973,752 shares of the restaurant operator’s stock valued at $383,280,000 after acquiring an additional 5,541,385 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of Chipotle Mexican Grill by 30.6% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 10,845,627 shares of the restaurant operator’s stock valued at $368,751,000 after acquiring an additional 2,541,795 shares in the last quarter. 91.30% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on CMG. Morgan Stanley upped their target price on Chipotle Mexican Grill from $39.00 to $40.00 and gave the stock an “equal weight” rating in a report on Thursday, October 15th. Piper Sandler cut their price target on Chipotle Mexican Grill from $42.00 to $39.00 and set an “overweight” rating on the stock in a research note on Thursday, July 30th. Evercore reaffirmed an “outperform” rating and issued a $47.00 price objective (up from $45.00) on shares of Chipotle Mexican Grill in a research note on Thursday, July 30th. Gordon Haskett dropped their price objective on shares of Chipotle Mexican Grill from $42.00 to $36.00 and set a “hold” rating for the company in a report on Monday, October 19th. Finally, BMO Capital Markets reiterated an “outperform” rating and set a $50.00 target price on shares of Chipotle Mexican Grill in a research report on Thursday. Twenty-seven equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $42.36.

Insider Activity at Chipotle Mexican Grill

In related news, insider Matthew R. Bush sold 2,675 shares of the firm’s stock in a transaction that occurred on Friday, August 21st. The stock was 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 of the company’s stock, valued at $765,586.25. This trade represents a 11.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.45% of the stock is currently owned by insiders.

Chipotle Mexican Grill News Summary

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

• Positive Sentiment: Third-quarter revenue rose 9.6% year over year to approximately $3.29 billion and comparable sales remained positive for the third consecutive quarter. New menu launches, loyalty offers, digital engagement and improved traffic—particularly among lower-income customers—supported the recovery. Chipotle Q3 Earnings Miss Estimates, Revenues Top, Stock Up
• Positive Sentiment: Management’s planned roughly 3% menu-price increase in the fourth quarter should help offset rising beef, freight and labor costs. Investors also responded positively to Chipotle’s brisket launch, expanding restaurant base, more than 24 million loyalty members and plans to open as many as 385 locations in 2027. Chipotle stock soars after chain reveals menu price increases
• Positive Sentiment: Several analysts still see substantial recovery potential. DA Davidson, Oppenheimer, BTIG and Citigroup maintained bullish ratings or targets implying upside, while buybacks and a perceived price floor near $32 reinforced the rebound thesis. Chipotle’s $32 Floor: Is a Major Stock Rebound Coming?

Chipotle Mexican Grill Stock Performance

Shares of NYSE CMG opened at $31.89 on Monday. The company’s 50 day moving average price is $33.07 and its 200-day moving average price is $34.12. Chipotle Mexican Grill, Inc. has a 52-week low of $27.31 and a 52-week high of $41.42. The company has a market capitalization of $40.34 billion, a P/E ratio of 29.80, a price-to-earnings-growth ratio of 2.09 and a beta of 1.00.

Chipotle Mexican Grill (NYSE:CMG) last issued its quarterly earnings results on Wednesday, October 28th. The restaurant operator reported $0.27 EPS for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.02). Chipotle Mexican Grill had a net margin of 10.83% and a return on equity of 57.05%. The firm had revenue of $3.29 billion for the quarter, compared to the consensus estimate of $3.29 billion. During the same period last year, the company posted $0.29 EPS. The business’s revenue was up 9.6% compared to the same quarter last year. Analysts forecast that Chipotle Mexican Grill, Inc. will post 1.10 earnings per share for the current year.

About Chipotle Mexican Grill

Chipotle Mexican Grill, Inc (NYSE: CMG) operates a chain of fast-casual restaurants focused on Mexican-inspired food. Its menu includes burritos, burrito bowls, tacos, quesadillas and salads, with options such as chicken, steak, barbacoa, carnitas, sofritas and vegetables. The company emphasizes preparing food in its restaurants from ingredients it describes as responsibly sourced, including meats raised with attention to animal welfare and produce from selected suppliers.

Founded by Steve Ells in 1993, Chipotle opened its first restaurant in Denver, Colorado.