7,820,208 Shares in Chipotle Mexican Grill, Inc. $CMG Bought by Legal & General Group Plc

Legal & General Group Plc acquired a new position 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 firm acquired 7,820,208 shares of the restaurant operator’s stock, valued at approximately $265,887,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Wealth Watch Advisors INC purchased a new stake in Chipotle Mexican Grill during the 3rd quarter valued at approximately $25,000. MV Capital Management Inc. purchased a new position in shares of Chipotle Mexican Grill in the 4th quarter valued at approximately $26,000. Osbon Capital Management LLC purchased a new position in shares of Chipotle Mexican Grill in the 4th quarter valued at approximately $28,000. Meeder Asset Management Inc. acquired a new position in shares of Chipotle Mexican Grill in the second quarter valued at approximately $27,000. Finally, Kelleher Financial Advisors acquired a new position in shares of Chipotle Mexican Grill in the second quarter valued at approximately $28,000. 91.30% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently commented on the company. Mizuho upped their price target on Chipotle Mexican Grill from $40.00 to $41.00 and gave the stock an “outperform” rating in a research note on Monday, July 13th. Citigroup lowered their price objective on shares of Chipotle Mexican Grill from $46.00 to $45.00 and set a “buy” rating on the stock in a research report on Monday, July 13th. Barclays dropped their price objective on shares of Chipotle Mexican Grill from $40.00 to $38.00 and set an “equal weight” rating on the stock in a research note on Thursday, April 30th. DA Davidson upped their price objective on shares of Chipotle Mexican Grill from $45.00 to $50.00 and gave the stock a “buy” rating in a research report on Thursday, July 30th. Finally, Guggenheim restated a “neutral” rating and issued a $36.00 target price (up from $35.00) on shares of Chipotle Mexican Grill in a research note on Friday, July 31st. Twenty-three analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $43.84.

Chipotle Mexican Grill Trading Down 0.4%

CMG stock opened at $37.29 on Thursday. The firm has a 50 day moving average of $34.12 and a 200-day moving average of $33.93. Chipotle Mexican Grill, Inc. has a 12-month low of $28.03 and a 12-month high of $42.94. The company has a market cap of $47.19 billion, a price-to-earnings ratio of 34.21, a PEG ratio of 2.38 and a beta of 0.94.

Chipotle Mexican Grill (NYSE:CMG) last announced its quarterly earnings results 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 business had revenue of $3.35 billion for the quarter, compared to analyst estimates of $3.33 billion. Chipotle Mexican Grill had a return on equity of 54.65% and a net margin of 11.43%.The company’s quarterly revenue was up 9.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.33 EPS. Sell-side analysts forecast that Chipotle Mexican Grill, Inc. will post 1.14 earnings per share for the current fiscal year.

Insider Transactions at Chipotle Mexican Grill

In other Chipotle Mexican Grill news, insider Matthew R. Bush sold 2,675 shares of the business’s stock in a transaction on Friday, August 21st. The stock was sold at an average price of $35.75, for a total transaction of $95,631.25. Following the sale, the insider directly owned 21,415 shares in the company, valued at approximately $765,586.25. The trade was a 11.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.45% of the company’s stock.

Trending Headlines about Chipotle Mexican Grill

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.

Chipotle Mexican Grill Company 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.