Rep. Jefferson Shreve Buys Chipotle Mexican Grill, Inc. (NYSE:CMG) Stock

Representative Jefferson Shreve (R-Indiana) recently bought shares of Chipotle Mexican Grill, Inc. (NYSE:CMG). In a filing disclosed on May 08th, the Representative disclosed that they had bought between $50,001 and $100,000 in Chipotle Mexican Grill stock on April 17th. The trade occurred in the Representative’s “CRT – STANDARD UNIT TRUST” account.

Representative Jefferson Shreve also recently made the following trade(s):

• Purchased $50,001 – $100,000 in shares of Applied Materials (NASDAQ:AMAT) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of Caterpillar (NYSE:CAT) on 4/17/2025.
• Sold $15,001 – $50,000 in shares of Lululemon Athletica (NASDAQ:LULU) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of Western Digital (NASDAQ:WDC) on 4/17/2025.
• Sold $15,001 – $50,000 in shares of Zoetis (NYSE:ZTS) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of Stryker (NYSE:SYK) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of NextEra Energy (NYSE:NEE) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of CSX (NASDAQ:CSX) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of Ross Stores (NASDAQ:ROST) on 4/17/2025.
• Sold $15,001 – $50,000 in shares of Meta Platforms (NASDAQ:META) on 4/17/2025.

Chipotle Mexican Grill Price Performance

NYSE:CMG opened at $49.77 on Friday. Chipotle Mexican Grill, Inc. has a 1-year low of $44.46 and a 1-year high of $69.26. The company has a 50-day moving average of $49.67 and a 200 day moving average of $55.69. The firm has a market cap of $67.06 billion, a PE ratio of 44.83, a price-to-earnings-growth ratio of 2.04 and a beta of 1.11.

Chipotle Mexican Grill (NYSE:CMG) last issued its quarterly earnings results on Wednesday, April 23rd. The restaurant operator reported $0.29 earnings per share for the quarter, topping analysts’ consensus estimates of $0.28 by $0.01. The business had revenue of $2.88 billion for the quarter, compared to analyst estimates of $2.98 billion. Chipotle Mexican Grill had a return on equity of 42.92% and a net margin of 13.56%. The company’s revenue was up 6.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $13.37 earnings per share. Sell-side analysts anticipate that Chipotle Mexican Grill, Inc. will post 1.29 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Cloud Capital Management LLC acquired a new stake in shares of Chipotle Mexican Grill in the 1st quarter worth $25,000. HighMark Wealth Management LLC increased its position in Chipotle Mexican Grill by 173.4% during the first quarter. HighMark Wealth Management LLC now owns 585 shares of the restaurant operator’s stock worth $29,000 after purchasing an additional 371 shares during the last quarter. North Capital Inc. purchased a new position in Chipotle Mexican Grill during the first quarter worth about $30,000. Ethos Financial Group LLC acquired a new position in Chipotle Mexican Grill in the 4th quarter valued at about $31,000. Finally, ORG Wealth Partners LLC purchased a new stake in shares of Chipotle Mexican Grill in the 1st quarter valued at approximately $31,000. 91.31% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on CMG shares. Stephens restated an “equal weight” rating and set a $49.00 price objective on shares of Chipotle Mexican Grill in a research note on Wednesday. UBS Group decreased their target price on shares of Chipotle Mexican Grill from $65.00 to $60.00 and set a “buy” rating for the company in a research report on Thursday, April 24th. Piper Sandler cut their price target on Chipotle Mexican Grill from $59.00 to $52.00 and set a “neutral” rating on the stock in a research report on Thursday, April 24th. Robert W. Baird decreased their price objective on Chipotle Mexican Grill from $62.00 to $56.00 and set an “outperform” rating for the company in a report on Thursday, April 24th. Finally, Argus lowered Chipotle Mexican Grill from a “buy” rating to a “hold” rating in a report on Monday, April 28th. Nine research analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Chipotle Mexican Grill has a consensus rating of “Moderate Buy” and a consensus target price of $61.74.

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana’s 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana’s 6th Congressional District. He declared candidacy for the 2026 election.

Email [email protected] to notify us of updates to this biography.
Jefferson Shreve earned a bachelor’s degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve’s career experience includes working as a real estate executive.

Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

Chipotle Mexican Grill Company Profile

Chipotle Mexican Grill, Inc, together with its subsidiaries, owns and operates Chipotle Mexican Grill restaurants. It sells food and beverages through offering burritos, burrito bowls, quesadillas, tacos, and salads. The company also provides delivery and related services its app and website. It has operations in the United States, Canada, France, Germany, and the United Kingdom.