Alkeon Capital Management LLC Has $19.61 Million Stock Holdings in Chipotle Mexican Grill, Inc. $CMG

Key Points

• Alkeon Capital Management LLC cut its stake in Chipotle by 50%, selling 500,000 shares in Q3 and now holds 500,289 shares valued at about $19.61 million, while institutional investors own roughly 91.3% of the stock.
• Chipotle slightly beat quarterly estimates with $0.25 EPS (vs. $0.24 expected) and $2.98B in revenue (+4.9% Y/Y), but the stock is down ~33% over the past year and analysts hold a “Moderate Buy” consensus with a $47.37 price target.

Alkeon Capital Management LLC decreased its stake in Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) by 50.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 500,289 shares of the restaurant operator's stock after selling 500,000 shares during the period. Alkeon Capital Management LLC's holdings in Chipotle Mexican Grill were worth $19,606,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Operose Advisors LLC acquired a new stake in shares of Chipotle Mexican Grill during the 2nd quarter worth approximately $25,000. Financial Life Planners bought a new stake in shares of Chipotle Mexican Grill in the 3rd quarter worth about $25,000. Wealth Watch Advisors INC acquired a new stake in shares of Chipotle Mexican Grill during the third quarter worth approximately $25,000. Salomon & Ludwin LLC acquired a new stake in Chipotle Mexican Grill during the 3rd quarter valued at $26,000. Finally, Lavaca Capital LLC bought a new position in shares of Chipotle Mexican Grill in the second quarter valued at about $28,000. 91.30% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

CMG has been the subject of several research analyst reports. TD Cowen restated a "buy" rating and issued a $44.00 price objective on shares of Chipotle Mexican Grill in a research report on Wednesday, February 4th. Barclays reduced their price objective on shares of Chipotle Mexican Grill from $44.00 to $40.00 and set an "equal weight" rating on the stock in a research note on Wednesday, February 4th. Weiss Ratings reissued a "hold (c-)" rating on shares of Chipotle Mexican Grill in a research note on Monday, December 29th. Evercore reissued an "outperform" rating and set a $45.00 price objective on shares of Chipotle Mexican Grill in a research report on Friday, December 19th. Finally, Argus reissued a "hold" rating on shares of Chipotle Mexican Grill in a research report on Thursday, February 5th. Twenty-three equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $47.37.

Chipotle Mexican Grill Stock Performance

CMG opened at $32.51 on Friday. Chipotle Mexican Grill, Inc. has a fifty-two week low of $29.75 and a fifty-two week high of $58.42. The stock has a fifty day moving average of $38.03 and a 200-day moving average of $37.54. The company has a market capitalization of $42.34 billion, a P/E ratio of 28.51, a P/E/G ratio of 2.00 and a beta of 1.00.

Chipotle Mexican Grill (NYSE:CMG - Get Free Report) last posted its quarterly earnings data on Tuesday, February 3rd. The restaurant operator reported $0.25 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.24 by $0.01. The firm had revenue of $2.98 billion during 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 business's revenue for the quarter was up 4.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.25 EPS. On average, equities research analysts predict that Chipotle Mexican Grill, Inc. will post 1.29 earnings per share for the current fiscal year.

Trending Headlines about Chipotle Mexican Grill

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

• Positive Sentiment: Chipotle is pushing menu innovation and a revamped loyalty program to drive visits and increase spend — moves that could stabilize traffic and long-term unit economics. Chipotle Bets on Menu Innovation and Loyalty: Can It Drive Traffic?
• Positive Sentiment: The company launched a global "Tatted Superfans" BOGO promotion tied to artist Swae Lee to spark social engagement and traffic across multiple markets — a tactical marketing push that may help near-term visits if it resonates with younger customers. Chipotle Tests Global Tatted Superfans BOGO As Traffic Concerns Linger
• Neutral Sentiment: Wall Street consensus remains a Buy on CMG, but analysts' optimism is flagged as potentially overstated — useful context for investors weighing momentum vs. valuation risk. Brokers Suggest Investing in Chipotle (CMG): Read This Before Placing a Bet
• Neutral Sentiment: The stock has declined ~33% over the last year, prompting debate over whether CMG now offers value for long-term buyers — this keeps both buyers and short-term traders engaged. Is Chipotle Mexican Grill (CMG) Fairly Priced After A 33% Share Price Slide?
• Negative Sentiment: Unusual options activity: traders bought a large volume of put options (well above average), signaling elevated downside hedging or speculative bearish interest. This can amplify downward pressure on the stock.
• Negative Sentiment: Recent coverage highlights softer traffic, declining comparable sales and backlash over the lack of a value menu — fundamentals that explain recent share weakness and weigh on near-term revenue/traffic expectations. Here's Why Chipotle Mexican Grill (CMG) Fell More Than Broader Market
• Negative Sentiment: Ongoing bearish takes (e.g., "Bear of the Day") and critical press keep sentiment fragile and may deter short-term buyers until concrete traffic improvement is visible. Bear of the Day: Chipotle Mexican Grill (CMG)

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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