1ST Source Bank Invests $1.26 Million in Chipotle Mexican Grill, Inc. $CMG

Key Points

• 1ST Source Bank purchased 37,216 Chipotle shares during the second quarter, valued at approximately $1.26 million. Institutional investors collectively own about 91.3% of the company.
• Chipotle reported quarterly revenue of $3.35 billion, up 9.3% year over year, and EPS of $0.33, exceeding analysts’ $0.32 estimate.
• Analysts maintain a generally positive outlook, with 24 Buy ratings and nine Holds producing a “Moderate Buy” consensus and an average price target of $44.16, above the stock’s reported $33.49 price.

1ST Source Bank purchased a new stake in Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 37,216 shares of the restaurant operator's stock, valued at approximately $1,265,000.

Several other hedge funds have also recently bought and sold shares of the business. Wealth Watch Advisors INC acquired a new position in Chipotle Mexican Grill during the 3rd quarter worth approximately $25,000. MV Capital Management Inc. purchased a new stake in shares of Chipotle Mexican Grill during the fourth quarter valued at approximately $26,000. Osbon Capital Management LLC acquired a new position in shares of Chipotle Mexican Grill during the fourth quarter worth $28,000. Kelleher Financial Advisors purchased a new position in shares of Chipotle Mexican Grill in the second quarter valued at $28,000. Finally, Merkkuri Wealth Advisors LLC purchased a new stake in Chipotle Mexican Grill during the 1st quarter worth $28,000. Hedge funds and other institutional investors own 91.30% of the company's stock.

Chipotle Mexican Grill Price Performance

Shares of NYSE CMG opened at $33.49 on Monday. Chipotle Mexican Grill, Inc. has a 1-year low of $28.03 and a 1-year high of $44.27. The business's fifty day moving average price is $33.39 and its two-hundred day moving average price is $34.11. The firm has a market capitalization of $42.38 billion, a PE ratio of 30.73, a P/E/G ratio of 2.13 and a beta of 0.94.

Chipotle Mexican Grill (NYSE:CMG - Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The restaurant operator reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.32 by $0.01. Chipotle Mexican Grill had a net margin of 11.43% and a return on equity of 54.65%. The company had revenue of $3.35 billion during the quarter, compared to the consensus estimate of $3.33 billion. During the same quarter in the previous year, the company posted $0.33 earnings per share. The company's revenue for the quarter was up 9.3% compared to the same quarter last year. Equities research analysts expect that Chipotle Mexican Grill, Inc. will post 1.14 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on CMG shares. Mizuho lifted their target price on Chipotle Mexican Grill from $40.00 to $41.00 and gave the stock an "outperform" rating in a research report on Monday, July 13th. TD Cowen restated a "buy" rating and set a $44.00 price objective on shares of Chipotle Mexican Grill in a report on Thursday, July 30th. Raymond James Financial reaffirmed an "outperform" rating and issued a $42.50 target price on shares of Chipotle Mexican Grill in a research report on Thursday, July 30th. UBS Group reiterated a "buy" rating on shares of Chipotle Mexican Grill in a research note on Friday, July 31st. Finally, Piper Sandler decreased their price target on shares of Chipotle Mexican Grill from $42.00 to $39.00 and set an "overweight" rating for the company in a research report on Thursday, July 30th. Twenty-four analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $44.16.

Trending Headlines about Chipotle Mexican Grill

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

• Positive Sentiment: Improving domestic momentum: Chipotle’s second-quarter revenue increased 9.3% to approximately $3.3 billion, while comparable restaurant sales rose 2.2%, supported by a 1.0% increase in transactions. Management also raised its full-year comparable-sales outlook to low-single-digit growth, encouraging investors that demand may be recovering. Chipotle Eyes Low-Single-Digit 2026 Comps: Is the Worst Over?
• Positive Sentiment: Continued restaurant expansion: The company opened 100 company-owned locations in the quarter, most featuring a Chipotlane. Chipotle also announced plans to open its first Saudi Arabian restaurant in Riyadh later this month with franchise partner Alshaya Group, extending its international growth strategy while limiting the capital required for expansion. Chipotle Debuts in Saudi Arabia With First Restaurant in Riyadh
• Neutral Sentiment: Mixed institutional and analyst signals: Recent filings show substantial buying by JPMorgan and BlackRock but sizable reductions by Capital World Investors and other institutions. Analysts’ median price target is $40, above the current trading level, although Zacks maintains a “Hold” rating. One Zacks update modestly raised its FY2026 EPS estimate to $1.15, while other updates lowered FY2027 and FY2028 estimates.
• Negative Sentiment: Risks remain: Softer near-term trends could challenge the recovery, particularly as consumers remain under pressure and investors rotate toward established restaurant chains. Earlier August salmonella-related jalapeño removals also created brand and traffic concerns, even though the absence of a new escalation may be helping sentiment. Chipotle Opens First Location in the Kingdom of Saudi Arabia

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.

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