Andrew Hill Investment Advisors Inc. Acquires New Position in Chipotle Mexican Grill, Inc. $CMG

Key Points

• Andrew Hill Investment Advisors acquired 72,065 Chipotle shares worth approximately $2.3 million, making CMG its 19th-largest holding and representing 1.8% of its portfolio. Institutional investors and hedge funds collectively own 91.3% of the stock.
• Chipotle reported quarterly revenue of $3.35 billion and EPS of $0.33, narrowly exceeding analyst expectations; revenue increased 9.3% year over year, while net margin stood at 11.43%.
• Analyst sentiment remains positive overall, with a consensus “Moderate Buy” rating and average price target of $43.56, although several firms have recently reduced their targets amid concerns about slowing sales, rising costs and pressure on margins.

Andrew Hill Investment Advisors Inc. acquired a new stake in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 72,065 shares of the restaurant operator's stock, valued at approximately $2,302,000. Chipotle Mexican Grill accounts for 1.8% of Andrew Hill Investment Advisors Inc.'s investment portfolio, making the stock its 19th largest position.

A number of other large investors have also modified their holdings of CMG. Osbon Capital Management LLC acquired a new position in shares of Chipotle Mexican Grill in the 2nd quarter valued at $26,000. Meeder Asset Management Inc. acquired a new stake in shares of Chipotle Mexican Grill during the 2nd quarter valued at about $27,000. Kelleher Financial Advisors acquired a new stake in shares of Chipotle Mexican Grill during the 2nd quarter valued at about $28,000. Merkkuri Wealth Advisors LLC acquired a new stake in shares of Chipotle Mexican Grill during the 1st quarter valued at about $28,000. Finally, Bell Investment Advisors Inc bought a new stake in Chipotle Mexican Grill in the second quarter valued at about $32,000. 91.30% of the stock is currently owned by institutional investors and hedge funds.

Chipotle Mexican Grill Price Performance

Shares of CMG stock opened at $27.51 on Friday. The stock has a 50-day moving average of $33.58 and a 200-day moving average of $33.33. The stock has a market cap of $34.81 billion, a PE ratio of 25.35, a price-to-earnings-growth ratio of 1.71 and a beta of 0.96. Chipotle Mexican Grill, Inc. has a one year low of $27.31 and a one year high of $42.19.

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, topping the consensus estimate of $0.32 by $0.01. Chipotle Mexican Grill had a return on equity of 54.65% and a net margin of 11.43%. The company had revenue of $3.35 billion during the quarter, compared to the consensus estimate of $3.33 billion. During the same period in the prior year, the company earned $0.33 earnings per share. The company's revenue for the quarter was up 9.3% compared to the same quarter last year. As a group, research analysts anticipate that Chipotle Mexican Grill, Inc. will post 1.14 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on CMG shares. Guggenheim reissued a "neutral" rating and issued a $36.00 price target (up from $35.00) on shares of Chipotle Mexican Grill in a research report on Friday, July 31st. Wells Fargo & Company lowered their price objective on Chipotle Mexican Grill from $45.00 to $40.00 and set an "overweight" rating on the stock in a research note on Wednesday. Raymond James Financial dropped their target price on Chipotle Mexican Grill from $42.50 to $37.00 and set an "outperform" rating for the company in a report on Friday, October 16th. Seaport Research Partners initiated coverage on Chipotle Mexican Grill in a research note on Wednesday, September 16th. They issued a "neutral" rating on the stock. Finally, Sanford C. Bernstein reiterated an "outperform" rating and issued a $50.00 price target (up from $40.00) on shares of Chipotle Mexican Grill in a research report on Friday, July 31st. Twenty-seven research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $43.56.

Chipotle Mexican Grill News Roundup

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

• Positive Sentiment: Despite the recent weakness, several analysts still see significant upside. Mizuho lowered its target from $43 to $37 but retained an “outperform” rating, while Deutsche Bank maintained a “buy” rating after reducing its target from $51 to $45. Mizuho analyst rating
• Positive Sentiment: Chipotle is relying on menu innovation, digital initiatives, loyalty programs, marketing and pricing to support sales. Its scale and historically strong profitability remain longer-term investment positives. Chipotle Q3 earnings preview
• Neutral Sentiment: Chipotle is scheduled to report third-quarter earnings on October 28. Analysts are watching sales trends, restaurant traffic, digital performance and margins more closely than headline revenue and earnings estimates. Chipotle Q3 earnings expectations
• Negative Sentiment: TD Cowen downgraded CMG from “buy” to “hold” and cut its price target from $44 to $32, citing weak October data and slowing sales. The analyst now questions whether Chipotle can achieve the expected fourth-quarter improvement. Why Chipotle stock is trading lower
• Negative Sentiment: A former long-standing Chipotle bull moved to the sidelines after signs of a soft start to the fourth quarter, adding to concerns about weaker sales growth in 2027. Chipotle softening sales
• Negative Sentiment: Rising food, labor and operating expenses threaten margins, while recent price increases could further pressure customer traffic and demand. Chipotle price hikes
• Negative Sentiment: The combination of multiple target cuts, fresh downgrades and unusually heavy options activity is amplifying near-term volatility ahead of earnings. Chipotle stock dips

Insider Transactions at Chipotle Mexican Grill

In related news, insider Matthew R. Bush sold 2,675 shares of the firm's stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $35.75, for a total transaction of $95,631.25. Following the transaction, the insider directly owned 21,415 shares of the company's stock, valued at approximately $765,586.25. This trade represents a 11.10% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.45% of the stock is owned by company insiders.

About Chipotle Mexican Grill

Chipotle Mexican Grill, Inc NYSE: CMG operates a chain of fast-casual restaurants focused on Mexican-inspired food. Its menu includes burritos, burrito bowls, tacos, quesadillas and salads, with options such as chicken, steak, barbacoa, carnitas, sofritas and vegetables. The company emphasizes preparing food in its restaurants from ingredients it describes as responsibly sourced, including meats raised with attention to animal welfare and produce from selected suppliers.

Founded by Steve Ells in 1993, Chipotle opened its first restaurant in Denver, Colorado.

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