Bluefin Capital Management LLC Makes New Investment in Chipotle Mexican Grill, Inc. $CMG

Bluefin Capital Management LLC bought a new stake in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 19,317 shares of the restaurant operator’s stock, valued at approximately $657,000.

Other hedge funds also recently modified their holdings of the company. Revolve Wealth Partners LLC raised its position in Chipotle Mexican Grill by 4.7% during the fourth quarter. Revolve Wealth Partners LLC now owns 4,804 shares of the restaurant operator’s stock valued at $290,000 after buying an additional 214 shares during the period. Bison Wealth LLC purchased a new stake in Chipotle Mexican Grill in the 4th quarter worth about $224,000. Empowered Funds LLC boosted its position in Chipotle Mexican Grill by 5.5% during the 1st quarter. Empowered Funds LLC now owns 26,460 shares of the restaurant operator’s stock worth $1,329,000 after acquiring an additional 1,368 shares during the period. Osterweis Capital Management Inc. boosted its position in Chipotle Mexican Grill by 7,176.0% during the 2nd quarter. Osterweis Capital Management Inc. now owns 1,819 shares of the restaurant operator’s stock worth $102,000 after acquiring an additional 1,794 shares during the period. Finally, Ieq Capital LLC grew its stake in Chipotle Mexican Grill by 88.8% during the 2nd quarter. Ieq Capital LLC now owns 274,375 shares of the restaurant operator’s stock valued at $15,406,000 after acquiring an additional 129,066 shares in the last quarter. Hedge funds and other institutional investors own 91.30% of the company’s stock.

Insider Activity at Chipotle Mexican Grill

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

Chipotle Mexican Grill Trading Down 0.4%

Shares of NYSE:CMG opened at $37.29 on Thursday. The stock has a market capitalization of $47.19 billion, a PE ratio of 34.21, a P/E/G ratio of 2.38 and a beta of 0.94. Chipotle Mexican Grill, Inc. has a 1 year low of $28.03 and a 1 year high of $42.94. The firm has a fifty day moving average price of $34.12 and a 200 day moving average price of $33.93.

Chipotle Mexican Grill (NYSE:CMG) last posted its earnings results on Wednesday, July 29th. The restaurant operator reported $0.33 earnings per share 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 analyst estimates of $3.33 billion. During the same period last year, the company earned $0.33 earnings per share. The business’s revenue was up 9.3% compared to the same quarter last year. On average, sell-side analysts forecast that Chipotle Mexican Grill, Inc. will post 1.14 earnings per share for the current fiscal year.

Key Chipotle Mexican Grill News

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

• Positive Sentiment: Chipotle is offering free double protein on August 27 with code PROTEIN as its Honey Chicken promotion enters its final week. The one-day offer could boost digital orders, restaurant traffic and customer engagement, although the discount may limit the immediate margin benefit. Chipotle free double protein promotion
• Neutral Sentiment: Robert W. Baird reaffirmed a Neutral rating, with reports indicating a lower price target of $40 from $44. The change suggests the firm sees limited risk-adjusted upside after CMG’s recent advance, rather than a sharply bearish outlook. Baird neutral rating on Chipotle
• Negative Sentiment: CEO Scott Boatwright sold 31,522 shares valued at approximately $1.1 million, equal to about 9% of his pre-sale holdings. The transaction may weigh on sentiment, though the filing does not by itself establish that management expects the stock to fall. Chipotle CEO stock sale
• Negative Sentiment: CFO Adam Rymer disposed of 9,276 shares for roughly $327,000, representing 10% of his prior equity holdings. The sale was described as non-discretionary, which reduces its bearish significance, but it adds to the recent insider-selling narrative. Chipotle CFO stock sale
• Negative Sentiment: Insider Matthew Bush also sold 2,675 shares for approximately $95,631, reducing his position by 11.1%. Multiple insider dispositions can reinforce profit-taking concerns, even when individual sales may be routine. Chipotle insider sale
• Negative Sentiment: Recent analysis says CMG may be fully valued following strong promotional sales, international expansion and expectations for a Saudi Arabia debut. Analysts also flag elevated costs and the possibility that Chipotle will need greater marketing or operating investment to sustain slower growth, potentially pressuring margins.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on CMG. Weiss Ratings upgraded Chipotle Mexican Grill from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, August 7th. Piper Sandler decreased their price target on shares of Chipotle Mexican Grill from $42.00 to $39.00 and set an “overweight” rating for the company in a report on Thursday, July 30th. Mizuho boosted their price objective on shares of Chipotle Mexican Grill from $40.00 to $41.00 and gave the company an “outperform” rating in a research report on Monday, July 13th. BTIG Research reiterated a “buy” rating and issued a $45.00 price objective on shares of Chipotle Mexican Grill in a research note on Wednesday, August 5th. Finally, Morgan Stanley increased their target price on shares of Chipotle Mexican Grill from $37.00 to $39.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 30th. Twenty-three research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $43.84.

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.