Chipotle Mexican Grill, Inc. $CMG Shares Purchased by Everhart Financial Group Inc.

Key Points

• Everhart Financial Group increased its Chipotle stake by 230% in the third quarter, adding 32,223 shares to own 46,234 shares valued at approximately $1.48 million.
• Institutional investors and hedge funds own 91.3% of Chipotle’s shares. Analysts maintain a “Moderate Buy” consensus, with 23 Buy ratings, 10 Holds, and an average price target of $43.91.
• Chipotle’s latest quarterly results modestly exceeded expectations, with $0.33 in earnings per share and $3.35 billion in revenue, up 9.3% year over year. Shares opened at $32.64, compared with a 52-week range of $28.03 to $42.81.

Everhart Financial Group Inc. raised its stake in Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) by 230.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 46,234 shares of the restaurant operator's stock after purchasing an additional 32,223 shares during the period. Everhart Financial Group Inc.'s holdings in Chipotle Mexican Grill were worth $1,477,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. MV Capital Management Inc. acquired a new position in shares of Chipotle Mexican Grill during the fourth quarter valued at about $26,000. Osbon Capital Management LLC acquired a new stake in Chipotle Mexican Grill during the second quarter worth about $26,000. Meeder Asset Management Inc. acquired a new stake in Chipotle Mexican Grill during the second quarter worth about $27,000. Merkkuri Wealth Advisors LLC acquired a new stake in Chipotle Mexican Grill during the first quarter worth about $28,000. Finally, Kelleher Financial Advisors bought a new position in Chipotle Mexican Grill during the second quarter valued at about $28,000. 91.30% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

CMG has been the subject of a number of research reports. 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. Robert W. Baird restated a "neutral" rating and set a $40.00 price objective (down from $44.00) on shares of Chipotle Mexican Grill in a research report on Monday, August 24th. Argus upped their target price on Chipotle Mexican Grill from $40.00 to $45.00 and gave the company a "buy" rating in a research note on Tuesday, August 4th. Raymond James Financial restated an "outperform" rating and issued a $42.50 target price on shares of Chipotle Mexican Grill in a research note on Thursday, July 30th. Finally, BTIG Research reaffirmed a "buy" rating and issued a $45.00 target price on shares of Chipotle Mexican Grill in a research report on Wednesday, August 5th. Twenty-three equities research 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 presently has an average rating of "Moderate Buy" and a consensus price target of $43.91.

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?

Insider Buying and Selling

In other Chipotle Mexican Grill news, insider Matthew R. Bush sold 2,675 shares of the company's stock in a transaction on Friday, August 21st. The stock was sold at an average price of $35.75, for a total value of $95,631.25. Following the sale, the insider directly owned 21,415 shares in the company, valued at $765,586.25. This represents a 11.10% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.45% of the stock is currently owned by corporate insiders.

Chipotle Mexican Grill Trading Up 6.1%

NYSE CMG opened at $32.64 on Friday. The stock's 50 day moving average is $34.50 and its two-hundred day moving average is $33.55. The company has a market capitalization of $41.30 billion, a price-to-earnings ratio of 29.94, a PEG ratio of 1.88 and a beta of 0.96. Chipotle Mexican Grill, Inc. has a 1-year low of $28.03 and a 1-year high of $42.81.

Chipotle Mexican Grill (NYSE:CMG - Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The restaurant operator reported $0.33 earnings per share for the quarter, beating 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 for the quarter, compared to analyst estimates of $3.33 billion. During the same period in the prior year, the company posted $0.33 EPS. The company's revenue was up 9.3% compared to the same quarter last year. On average, analysts predict that Chipotle Mexican Grill, Inc. will post 1.14 earnings per share for the current year.

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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