Chipotle Mexican Grill, Inc. $CMG Stock Purchased by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. increased its stake in Chipotle Mexican Grill, Inc. (NYSE:CMG) by 887.0% in the 3rd quarter, Holdings Channel.com reports. The fund owned 672,732 shares of the restaurant operator’s stock after acquiring an additional 604,573 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in Chipotle Mexican Grill were worth $21,494,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in CMG. MV Capital Management Inc. acquired a new position in Chipotle Mexican Grill during the fourth quarter worth $26,000. Osbon Capital Management LLC purchased a new position in Chipotle Mexican Grill during the second quarter valued at $26,000. Meeder Asset Management Inc. acquired a new stake in shares of Chipotle Mexican Grill in the second quarter valued at about $27,000. Merkkuri Wealth Advisors LLC acquired a new stake in shares of Chipotle Mexican Grill in the first quarter valued at about $28,000. Finally, Kelleher Financial Advisors acquired a new stake in shares of Chipotle Mexican Grill in the second quarter valued at about $28,000. Hedge funds and other institutional investors own 91.30% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the stock. Sanford C. Bernstein reissued an “outperform” rating on shares of Chipotle Mexican Grill in a research note on Friday, July 31st. Stephens decreased their price target on shares of Chipotle Mexican Grill from $40.00 to $38.00 and set an “equal weight” rating on the stock in a research note on Thursday. Citigroup decreased their price target on shares of Chipotle Mexican Grill from $46.00 to $45.00 and set a “buy” rating on the stock in a research note on Monday, July 13th. Morgan Stanley lifted their price objective on Chipotle Mexican Grill from $39.00 to $40.00 and gave the stock an “equal weight” rating in a report on Thursday. Finally, Piper Sandler lowered their price objective on Chipotle Mexican Grill from $42.00 to $39.00 and set an “overweight” rating on the stock in a report on Thursday, July 30th. Twenty-two investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat, Chipotle Mexican Grill presently has an average rating of “Moderate Buy” and an average target price of $43.67.

Chipotle Mexican Grill Stock Down 2.4%

Shares of CMG opened at $29.84 on Friday. Chipotle Mexican Grill, Inc. has a 52-week low of $28.03 and a 52-week high of $42.74. The stock has a market cap of $37.75 billion, a PE ratio of 27.37, a price-to-earnings-growth ratio of 1.83 and a beta of 0.96. The firm’s fifty day moving average is $33.97 and its two-hundred day moving average is $33.46.

Chipotle Mexican Grill (NYSE:CMG) last issued its earnings results on Wednesday, July 29th. The restaurant operator reported $0.33 EPS for the quarter, beating analysts’ consensus estimates of $0.32 by $0.01. The business had revenue of $3.35 billion during the quarter, compared to analysts’ expectations of $3.33 billion. Chipotle Mexican Grill had a net margin of 11.43% and a return on equity of 54.65%. The company’s quarterly revenue was up 9.3% compared to the same quarter last year. During the same period in the prior year, the business earned $0.33 earnings per share. As a group, research analysts anticipate that Chipotle Mexican Grill, Inc. will post 1.14 earnings per share for the current year.

Insiders Place Their Bets

In related news, insider Matthew R. Bush sold 2,675 shares of the business’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 transaction, the insider directly owned 21,415 shares in the company, valued at approximately $765,586.25. The trade was a 11.10% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders own 0.45% of the company’s stock.

Chipotle Mexican Grill News Summary

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.

About Chipotle Mexican Grill

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.