Rockland Trust Co. Sells 17,753 Shares of Chipotle Mexican Grill, Inc. $CMG

Rockland Trust Co. decreased its holdings in Chipotle Mexican Grill, Inc. (NYSE:CMG) by 28.1% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 45,416 shares of the restaurant operator’s stock after selling 17,753 shares during the quarter. Rockland Trust Co.’s holdings in Chipotle Mexican Grill were worth $1,680,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of CMG. Vanguard Group Inc. raised its holdings in shares of Chipotle Mexican Grill by 2.0% during the third quarter. Vanguard Group Inc. now owns 125,927,338 shares of the restaurant operator’s stock valued at $4,935,092,000 after purchasing an additional 2,470,213 shares during the last quarter. Capital World Investors boosted its holdings in Chipotle Mexican Grill by 122.7% in the third quarter. Capital World Investors now owns 87,844,788 shares of the restaurant operator’s stock worth $3,442,645,000 after purchasing an additional 48,398,628 shares during the last quarter. Capital International Investors boosted its holdings in Chipotle Mexican Grill by 42.4% in the third quarter. Capital International Investors now owns 38,497,927 shares of the restaurant operator’s stock worth $1,509,043,000 after purchasing an additional 11,471,658 shares during the last quarter. Alliancebernstein L.P. grew its position in Chipotle Mexican Grill by 1.9% in the 2nd quarter. Alliancebernstein L.P. now owns 33,111,508 shares of the restaurant operator’s stock worth $1,859,211,000 after purchasing an additional 606,190 shares during the period. Finally, Sustainable Growth Advisers LP grew its position in Chipotle Mexican Grill by 17.5% in the 3rd quarter. Sustainable Growth Advisers LP now owns 12,495,638 shares of the restaurant operator’s stock worth $489,704,000 after purchasing an additional 1,862,855 shares during the period. Institutional investors own 91.30% of the company’s stock.

Chipotle Mexican Grill Trading Up 2.6%

Chipotle Mexican Grill stock opened at $31.96 on Wednesday. Chipotle Mexican Grill, Inc. has a 12-month low of $29.75 and a 12-month high of $58.42. The firm has a market capitalization of $41.63 billion, a price-to-earnings ratio of 28.04, a P/E/G ratio of 1.91 and a beta of 1.00. The firm has a 50 day moving average of $36.38 and a 200 day moving average of $36.83.

Chipotle Mexican Grill (NYSE:CMG) last issued its quarterly earnings results on Tuesday, February 3rd. The restaurant operator reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.01. The business had revenue of $2.98 billion for the quarter, compared to the consensus estimate of $2.96 billion. Chipotle Mexican Grill had a net margin of 12.88% and a return on equity of 47.99%. The company’s revenue for the quarter was up 4.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.25 earnings per share. On average, analysts predict that Chipotle Mexican Grill, Inc. will post 1.29 EPS for the current year.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. Wall Street Zen raised Chipotle Mexican Grill from a “sell” rating to a “hold” rating in a report on Saturday, March 7th. Truist Financial lifted their price objective on Chipotle Mexican Grill from $45.00 to $50.00 and gave the stock a “buy” rating in a report on Thursday, January 8th. UBS Group reiterated a “buy” rating on shares of Chipotle Mexican Grill in a research report on Monday, January 26th. Raymond James Financial increased their target price on Chipotle Mexican Grill from $40.00 to $45.00 and gave the company an “outperform” rating in a report on Wednesday, January 21st. Finally, Citigroup raised their target price on Chipotle Mexican Grill from $48.00 to $49.00 and gave the stock a “buy” rating in a research report on Wednesday, February 4th. Twenty-four analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $47.13.

Chipotle Mexican Grill News Roundup

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

• Positive Sentiment: Chipotle relaunched its Burrito Vault promotion — a Double Protein edition for National Burrito Day with over $2 million in prizes and renewed Rewards engagement, a move that should drive foot traffic, app activity and short-term sales/PR. CHIPOTLE LAUNCHES BURRITO VAULT: DOUBLE PROTEIN EDITION
• Positive Sentiment: A Yahoo piece highlights the company’s long runway for growth (digital, menu innovation, loyalty), reinforcing the narrative that marketing and unit economics can support recovery if comps improve. What Offers Chipotle Mexican Grill (CMG) a Long Runway for Growth?
• Neutral Sentiment: BNP Paribas Exane initiated coverage with a “neutral” rating and a $37 price target — that implies upside from current levels but keeps an overall cautious tone. (Coverage note)
• Neutral Sentiment: Market recaps note CMG rose on the day but still underperformed broader indices, signaling investor caution despite the rally. Chipotle Mexican Grill (CMG) Gains But Lags Market
• Neutral Sentiment: Additional market coverage reiterates the same point: shares rose intraday but remain pressured relative to the market, showing limited conviction. Chipotle Mexican Grill Inc. stock rises Tuesday, still underperforms market
• Negative Sentiment: Jim Cramer warned that Chipotle “has to show some better?than?expected numbers” and hasn’t yet — a high?profile critique that can amplify investor skepticism and cap short?term upside until results improve. Jim Cramer on Chipotle Mexican Grill

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.