Chipotle Mexican Grill, Inc. $CMG Shares Acquired by Community Trust & Investment Co.

Community Trust & Investment Co. increased its position in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) by 37.6% during the 3rd quarter, Holdings Channel reports. The firm owned 566,205 shares of the restaurant operator’s stock after purchasing an additional 154,662 shares during the quarter. Community Trust & Investment Co.’s holdings in Chipotle Mexican Grill were worth $18,090,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. BlackRock Inc. purchased a new position in Chipotle Mexican Grill in the second quarter valued at about $4,417,475,000. Arrowstreet Capital Limited Partnership raised its holdings in Chipotle Mexican Grill by 19.8% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 16,478,248 shares of the restaurant operator’s stock valued at $527,469,000 after acquiring an additional 2,727,762 shares during the period. Amundi lifted its holdings in Chipotle Mexican Grill by 23.3% during the 1st quarter. Amundi now owns 11,980,192 shares of the restaurant operator’s stock worth $383,486,000 after purchasing an additional 2,266,087 shares in the last quarter. Bank of America Corp DE bought a new position in shares of Chipotle Mexican Grill in the second quarter valued at approximately $383,483,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Chipotle Mexican Grill by 30.6% in 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 purchasing an additional 2,541,795 shares during the period. 91.30% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

CMG has been the subject of several research analyst reports. Evercore reiterated an “outperform” rating and set a $47.00 target price on shares of Chipotle Mexican Grill in a research report on Thursday, July 30th. DA Davidson increased their target price on shares of Chipotle Mexican Grill from $45.00 to $50.00 and gave the company a “buy” rating in a report on Thursday, July 30th. Argus lifted their price objective on Chipotle Mexican Grill from $40.00 to $45.00 and gave the stock a “buy” rating in a report on Tuesday, August 4th. Seaport Research Partners began coverage on Chipotle Mexican Grill in a research report on Wednesday, September 16th. They set a “neutral” rating on the stock. Finally, Citigroup dropped their target price on shares of Chipotle Mexican Grill from $46.00 to $45.00 and set a “buy” rating for the company in a report on Monday, July 13th. Twenty-two equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $43.87.

Chipotle Mexican Grill News Roundup

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

• Positive Sentiment: Analyst target remains well above the current level. Morgan Stanley raised its price target for Chipotle from $39 to $40 while maintaining an “equal weight” rating, implying substantial potential upside if operating trends improve. Morgan Stanley price target report
• Positive Sentiment: International growth provides a potential catalyst. Chipotle’s European restaurants delivered high-single-digit comparable-sales growth in the second quarter, supporting plans to accelerate expansion. Zacks also cited expectations for earnings growth to strengthen in 2027. Zacks Analyst Blog Highlights Chipotle
• Positive Sentiment: New menu formats could support traffic. Chipotle is testing larger portion-oriented offerings, including the limited-time “Big Ass Chipotle Bag,” as restaurant chains adapt menus to attract value-conscious consumers. Chipotle Introduces Limited-Offer Big Ass Chipotle Bag
• Neutral Sentiment: Analysts see limited near-term upside but longer-term recovery potential. Morgan Stanley and Stephens both retain “equal weight” ratings. Stephens lowered its price target from $40 to $38, while UBS expects third-quarter same-store sales growth of about 1.5%, broadly in line with expectations, and stronger growth in 2027. UBS Chipotle Outlook
• Negative Sentiment: Near-term sales and margin pressures remain the main risk. UBS expects weaker trends at the beginning of the fourth quarter, which could weigh on comparable sales and restaurant margins ahead of Chipotle’s October 28 earnings report. The stock has already fallen significantly over the past month despite no new company results. How Risky Is Chipotle Stock

Insider Buying and Selling

In related news, insider Matthew R. Bush sold 2,675 shares of the stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $35.75, for a total value of $95,631.25. Following the completion of the sale, the insider directly 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 transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.45% of the stock is currently owned by insiders.

Chipotle Mexican Grill Price Performance

CMG opened at $30.54 on Friday. The firm has a market cap of $38.65 billion, a PE ratio of 28.02, a P/E/G ratio of 1.87 and a beta of 0.96. The stock has a 50-day moving average price of $34.03 and a 200-day moving average price of $33.49. Chipotle Mexican Grill, Inc. has a 1 year low of $28.03 and a 1 year high of $42.74.

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

Chipotle Mexican Grill Profile

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.