Chipotle Mexican Grill, Inc. $CMG Holdings Boosted by CoreCap Advisors LLC

Key Points

• CoreCap Advisors nearly doubled its Chipotle position in the third quarter, adding 50,573 shares to own 102,803 shares valued at approximately $3.29 million. Institutional investors collectively own 91.3% of CMG’s outstanding stock.
• Chipotle reported quarterly revenue of $3.35 billion, up 9.3% year over year, and EPS of $0.33, slightly beating analyst expectations. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $43.91.
• Investor interest has been supported by speculation about a potential Starbucks acquisition and Chipotle’s planned 2027 national catering rollout, although the takeover remains exploratory and the company faces concerns about slowing momentum and execution risks.

CoreCap Advisors LLC boosted its position in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) by 96.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 102,803 shares of the restaurant operator's stock after buying an additional 50,573 shares during the period. CoreCap Advisors LLC's holdings in Chipotle Mexican Grill were worth $3,285,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in CMG. Groupama Asset Managment boosted its position in Chipotle Mexican Grill by 1.9% during the fourth quarter. Groupama Asset Managment now owns 15,596 shares of the restaurant operator's stock worth $568,000 after acquiring an additional 291 shares during the last quarter. Citizens Financial Group Inc. RI raised its holdings in Chipotle Mexican Grill by 2.5% in the 1st quarter. Citizens Financial Group Inc. RI now owns 12,708 shares of the restaurant operator's stock valued at $407,000 after acquiring an additional 311 shares during the last quarter. ANB Bank lifted its stake in Chipotle Mexican Grill by 5.8% in the 1st quarter. ANB Bank now owns 6,317 shares of the restaurant operator's stock worth $202,000 after purchasing an additional 349 shares in the last quarter. State of Wyoming boosted its holdings in shares of Chipotle Mexican Grill by 10.9% during the 1st quarter. State of Wyoming now owns 3,759 shares of the restaurant operator's stock worth $120,000 after purchasing an additional 368 shares during the last quarter. Finally, Valmark Advisers Inc. boosted its holdings in shares of Chipotle Mexican Grill by 2.9% during the 1st quarter. Valmark Advisers Inc. now owns 13,275 shares of the restaurant operator's stock worth $425,000 after purchasing an additional 377 shares during the last quarter. Institutional investors and hedge funds own 91.30% of the company's stock.

Chipotle Mexican Grill News Roundup

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

• Positive Sentiment: A potential acquisition by Starbucks NASDAQ: SBUX could value Chipotle at roughly $39 billion, based on its current market capitalization, and would likely involve a takeover premium. The prospect of a major strategic buyer has fueled investor interest and lifted CMG shares. Why a Starbucks takeover of Chipotle would — and wouldn't — make sense for both companies
• Positive Sentiment: Chipotle’s planned national catering rollout in 2027 could create an additional sales channel, supported by encouraging pilot results and stronger demand for family meals. This provides a longer-term growth opportunity beyond restaurant openings. Can Chipotle’s 2027 Catering Launch Unlock a New Sales Engine?
• Neutral Sentiment: The takeover remains exploratory and could ultimately go nowhere. Analysts and investors are weighing whether Starbucks should devote substantial financial resources to a large acquisition outside its core coffee business, while also considering potential operating and brand synergies. Chipotle Stock Gains on Starbucks Takeover Proposal Report. Does a Deal Make Sense?
• Negative Sentiment: Before the takeover speculation, Chipotle’s momentum had weakened: its recent share performance was negative and promotional marketing campaigns have not addressed concerns about slowing growth. The stock could therefore remain sensitive to valuation and execution risks if deal discussions fade. Is Chipotle Mexican Grill Fully Valued As Halloween Marketing Ramps Up?

Chipotle Mexican Grill Stock Up 6.1%

NYSE:CMG opened at $32.64 on Friday. Chipotle Mexican Grill, Inc. has a 52 week low of $28.03 and a 52 week high of $42.81. The stock's fifty day moving average is $34.50 and its two-hundred day moving average is $33.55. The stock has a market capitalization of $41.30 billion, a price-to-earnings ratio of 29.94, a price-to-earnings-growth ratio of 1.88 and a beta of 0.96.

Chipotle Mexican Grill (NYSE:CMG - Get Free Report) last announced its earnings results on Wednesday, July 29th. The restaurant operator reported $0.33 EPS for the quarter, beating analysts' consensus estimates 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 analysts' expectations of $3.33 billion. During the same period last year, the business posted $0.33 EPS. Chipotle Mexican Grill's revenue for the quarter was up 9.3% on a year-over-year basis. On average, sell-side analysts expect that Chipotle Mexican Grill, Inc. will post 1.14 EPS for the current fiscal year.

Insiders Place Their Bets

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 shares were sold at an average price of $35.75, for a total value of $95,631.25. Following the completion of the transaction, the insider owned 21,415 shares in the company, valued at $765,586.25. The trade was a 11.10% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. 0.45% of the stock is currently owned by insiders.

Analysts Set New Price Targets

CMG has been the topic of several recent research reports. Mizuho reissued an "outperform" rating and set a $43.00 price target on shares of Chipotle Mexican Grill in a research report on Tuesday, September 1st. Evercore reiterated an "outperform" rating and issued a $47.00 price objective on shares of Chipotle Mexican Grill in a research report on Thursday, July 30th. Raymond James Financial reissued an "outperform" rating and set a $42.50 target price on shares of Chipotle Mexican Grill in a research note on Thursday, July 30th. Citigroup reduced their target price on 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. Finally, DA Davidson upped their price target on Chipotle Mexican Grill from $45.00 to $50.00 and gave the company a "buy" rating in a research note on Thursday, July 30th. Twenty-three analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $43.91.

Chipotle Mexican Grill Profile

Chipotle Mexican Grill, Inc is a fast-casual restaurant company that specializes in Mexican-inspired food made with a limited number of core ingredients. Its menu includes burritos, burrito bowls, tacos, quesadillas, salads and sides, with options such as chicken, steak, barbacoa, carnitas, sofritas and vegetables. The company also offers beverages, including soft drinks and other drinks, and allows customers to customize meals.

Founded by Steve Ells in 1993, Chipotle operates company-owned restaurants under the Chipotle Mexican Grill brand.

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