Deltec Asset Management LLC Has $3.55 Million Position in Chipotle Mexican Grill, Inc. $CMG

Deltec Asset Management LLC grew its holdings in Chipotle Mexican Grill, Inc. (NYSE:CMG) by 32.7% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 90,600 shares of the restaurant operator’s stock after buying an additional 22,300 shares during the quarter. Deltec Asset Management LLC’s holdings in Chipotle Mexican Grill were worth $3,551,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Operose Advisors LLC acquired a new position in Chipotle Mexican Grill during the 2nd quarter worth about $25,000. Salomon & Ludwin LLC bought a new position in shares of Chipotle Mexican Grill in the third quarter worth about $26,000. 1248 Management LLC acquired a new position in shares of Chipotle Mexican Grill during the first quarter worth approximately $27,000. Signature Resources Capital Management LLC acquired a new position in shares of Chipotle Mexican Grill during the second quarter worth approximately $28,000. Finally, Lavaca Capital LLC bought a new stake in shares of Chipotle Mexican Grill during the second quarter valued at approximately $28,000. 91.30% of the stock is owned by institutional investors.

Key Chipotle Mexican Grill News

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

• Positive Sentiment: Telsey Advisory Group initiated coverage with an Outperform rating and a $50 price target — a fresh analyst endorsement that signals confidence in Chipotle’s growth story and likely helped buying interest. Telsey Initiation
• Positive Sentiment: Truist raised its price target to $50 and kept a Buy view, another firm pushing upside expectations that supports the rally. Truist PT Raise
• Positive Sentiment: Analysts are highlighting Chipotle’s strong earnings?surprise history and the company’s setup to beat again, which bolsters confidence ahead of future reports. Zacks Earnings Beat Thesis
• Positive Sentiment: Product strategy: Chipotle’s push of higher?protein menu options aimed at GLP?1 users is being viewed by analysts as a demand catalyst and potential market share win among health?focused consumers. Benzinga High?Protein Push
• Positive Sentiment: Barclays and other brokers are publicly forecasting upside, adding to the positive analyst tone supporting the stock. Barclays Note
• Neutral Sentiment: Bernstein reiterated an Outperform rating but cut its price target to $40 — a mixed signal that keeps medium?term conviction but reduces near?term upside. Bernstein Note
• Neutral Sentiment: Mizuho nudged its target to $38 with a Neutral rating, reflecting more cautious positioning by some sell?side desks amid recent gains. Mizuho Note
• Negative Sentiment: Valuation and momentum concerns: several pieces question whether the recent rebound has stretched pricing relative to fundamentals (P/E near decade lows versus past but still elevated vs. peers) — this commentary can cap upside and prompt profit?taking. Yahoo: Pricing Stretched?
• Negative Sentiment: Macro/consumer risk: opinion pieces label Chipotle as a possible “value trap” if same?store sales weakness persists; new federal nutrition guidelines also introduce uncertainty about dining?out behavior. Fool: Value Trap Analysis CNBC: Nutrition Guidelines

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. Zacks Research upgraded shares of Chipotle Mexican Grill from a “strong sell” rating to a “hold” rating in a research report on Monday, December 29th. Mizuho lifted their target price on Chipotle Mexican Grill from $36.00 to $38.00 and gave the company a “neutral” rating in a research note on Friday. Gordon Haskett downgraded Chipotle Mexican Grill from a “strong-buy” rating to a “hold” rating in a research report on Thursday. Evercore ISI reaffirmed an “outperform” rating and set a $45.00 price target on shares of Chipotle Mexican Grill in a research note on Friday, December 19th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Chipotle Mexican Grill in a report on Monday, December 29th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and thirteen have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $50.00.

Chipotle Mexican Grill Stock Up 2.3%

NYSE:CMG opened at $40.10 on Friday. Chipotle Mexican Grill, Inc. has a 12-month low of $29.75 and a 12-month high of $59.57. The firm has a market capitalization of $53.02 billion, a P/E ratio of 35.49, a P/E/G ratio of 3.75 and a beta of 0.97. The stock’s fifty day simple moving average is $34.57 and its 200-day simple moving average is $40.96.

Chipotle Mexican Grill (NYSE:CMG) last released its quarterly earnings data on Wednesday, October 29th. The restaurant operator reported $0.29 EPS for the quarter, meeting analysts’ consensus estimates of $0.29. Chipotle Mexican Grill had a return on equity of 45.39% and a net margin of 13.04%.The business had revenue of $3 billion during the quarter, compared to the consensus estimate of $3.06 billion. During the same quarter in the prior year, the company posted $0.27 earnings per share. The firm’s revenue was up 7.5% on a year-over-year basis. As a group, equities research analysts expect that Chipotle Mexican Grill, Inc. will post 1.29 earnings per share for the current year.

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.