First Nebraska Trust Co Purchases New Holdings in Chipotle Mexican Grill, Inc. $CMG

First Nebraska Trust Co acquired a new position in Chipotle Mexican Grill, Inc. (NYSE:CMG) in the 1st quarter, Holdings Channel reports. The institutional investor acquired 90,225 shares of the restaurant operator’s stock, valued at approximately $2,888,000.

Several other large investors have also recently bought and sold shares of CMG. Revolve Wealth Partners LLC increased its stake in shares of Chipotle Mexican Grill by 4.7% in the 4th 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 bought a new stake in shares of Chipotle Mexican Grill during the fourth quarter worth $224,000. Empowered Funds LLC lifted its stake in shares of Chipotle Mexican Grill by 5.5% during the first quarter. Empowered Funds LLC now owns 26,460 shares of the restaurant operator’s stock valued at $1,329,000 after acquiring an additional 1,368 shares during the period. Osterweis Capital Management Inc. boosted its holdings in Chipotle Mexican Grill by 7,176.0% in the second quarter. Osterweis Capital Management Inc. now owns 1,819 shares of the restaurant operator’s stock valued at $102,000 after acquiring an additional 1,794 shares during the last quarter. Finally, Ieq Capital LLC boosted its holdings in Chipotle Mexican Grill by 88.8% in the second 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 during the last quarter. Institutional investors and hedge funds own 91.30% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on CMG. Argus raised Chipotle Mexican Grill from a “hold” rating to a “buy” rating and set a $40.00 price objective for the company in a report on Tuesday, May 5th. BTIG Research reissued a “buy” rating and set a $45.00 price target on shares of Chipotle Mexican Grill in a research note on Thursday. Royal Bank Of Canada restated an “outperform” rating and issued a $45.00 price objective on shares of Chipotle Mexican Grill in a report on Thursday, April 30th. Evercore reaffirmed an “outperform” rating and set a $47.00 target price on shares of Chipotle Mexican Grill in a report on Thursday. Finally, Barclays dropped their target price on shares of Chipotle Mexican Grill from $40.00 to $38.00 and set an “equal weight” rating for the company in a research report on Thursday, April 30th. Twenty-four investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $43.98.

Chipotle Mexican Grill Price Performance

Shares of CMG stock opened at $37.31 on Friday. The stock has a market cap of $47.86 billion, a PE ratio of 34.23, a price-to-earnings-growth ratio of 2.41 and a beta of 0.97. The stock has a 50-day moving average of $32.85 and a 200-day moving average of $34.62. Chipotle Mexican Grill, Inc. has a one year low of $28.03 and a one year high of $44.27.

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

Trending Headlines about Chipotle Mexican Grill

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

• Positive Sentiment: Chipotle reported second-quarter adjusted EPS of $0.33, slightly above the $0.32 consensus, while revenue rose 9.3% year over year to $3.35 billion, broadly ahead of expectations. Chipotle Mexican Grill Stock Rallies as Q2 Results Top Fears, Guidance Rises
• Positive Sentiment: Comparable restaurant sales increased 2.2%, supported by improving customer traffic, menu innovation, digital engagement and restaurant expansion. Management raised its full-year comparable-sales outlook, signaling confidence that momentum is continuing. Chipotle shares rise on quarterly earnings beat, raised outlook
• Positive Sentiment: Analysts remained constructive following the results. DA Davidson raised its price target to $50 and maintained a Buy rating, while BTIG, TD Cowen and Mizuho also retained positive recommendations; Mizuho lifted its target to $43.
• Neutral Sentiment: Unusually heavy call-option activity and multiple price-target revisions indicate heightened investor interest, but these signals can also contribute to short-term volatility rather than establish a lasting trend.
• Negative Sentiment: Management said sales softened late in July amid consumer concerns about a cyclospora outbreak, although Chipotle stated it was not involved in the outbreak. The traffic disruption has raised questions about the durability of the recovery. Chipotle lifts its sales forecast even as a lettuce-linked outbreak slows foot traffic
• Negative Sentiment: Investors also remain concerned about labor and other operating costs pressuring margins. Piper Sandler lowered its target to $39 and Morgan Stanley and Stephens kept more cautious equal-weight ratings, limiting the stock’s upside after its sharp earnings-related advance.

Chipotle Mexican Grill Profile

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.