Chipotle Mexican Grill, Inc. $CMG Shares Purchased by Focus Partners Advisor Solutions LLC

Key Points

• Focus Partners Advisor Solutions LLC increased its Chipotle stake by 156.9% in the fourth quarter, buying 35,589 additional shares and bringing its total holdings to 58,269 shares worth about $2.16 million.
• Institutional ownership in Chipotle remains very high at 91.3%, with large investors like Vanguard, Capital World Investors, and Capital International Investors also boosting their positions.
• Chipotle recently reported Q1 earnings of $0.24 per share, matching estimates, while revenue came in at $3.09 billion, slightly above expectations and up 7.4% year over year.

Focus Partners Advisor Solutions LLC boosted its position in Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) by 156.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 58,269 shares of the restaurant operator's stock after purchasing an additional 35,589 shares during the quarter. Focus Partners Advisor Solutions LLC's holdings in Chipotle Mexican Grill were worth $2,156,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its holdings in Chipotle Mexican Grill by 14.8% in the 4th quarter. Vanguard Group Inc. now owns 144,588,220 shares of the restaurant operator's stock valued at $5,349,764,000 after buying an additional 18,660,882 shares during the period. Capital World Investors grew its holdings in Chipotle Mexican Grill by 15.8% in the 4th quarter. Capital World Investors now owns 101,688,010 shares of the restaurant operator's stock valued at $3,762,457,000 after buying an additional 13,843,222 shares during the period. Capital International Investors grew its holdings in Chipotle Mexican Grill by 17.7% in the 4th quarter. Capital International Investors now owns 45,294,212 shares of the restaurant operator's stock valued at $1,675,895,000 after buying an additional 6,796,285 shares during the period. Norges Bank purchased a new stake in Chipotle Mexican Grill in the 4th quarter valued at about $711,837,000. Finally, Clearbridge Investments LLC grew its holdings in Chipotle Mexican Grill by 206.4% in the 4th quarter. Clearbridge Investments LLC now owns 14,062,158 shares of the restaurant operator's stock valued at $520,300,000 after buying an additional 9,473,120 shares during the period. Hedge funds and other institutional investors own 91.30% of the company's stock.

Chipotle Mexican Grill Stock Performance

Shares of NYSE:CMG opened at $30.41 on Thursday. Chipotle Mexican Grill, Inc. has a 1 year low of $28.03 and a 1 year high of $58.42. The stock has a market capitalization of $39.01 billion, a P/E ratio of 27.90, a PEG ratio of 1.92 and a beta of 0.99. The stock has a 50-day simple moving average of $32.77 and a 200-day simple moving average of $35.21.

Chipotle Mexican Grill (NYSE:CMG - Get Free Report) last issued its earnings results on Wednesday, April 29th. The restaurant operator reported $0.24 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.24. Chipotle Mexican Grill had a return on equity of 49.64% and a net margin of 11.96%.The business had revenue of $3.09 billion during the quarter, compared to analysts' expectations of $3.07 billion. During the same quarter in the previous year, the business earned $0.29 EPS. The company's revenue for the quarter was up 7.4% on a year-over-year basis. Analysts predict that Chipotle Mexican Grill, Inc. will post 1.13 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research firms have commented on CMG. Argus upgraded Chipotle Mexican Grill from a "hold" rating to a "buy" rating and set a $40.00 price target for the company in a report on Tuesday, May 5th. Piper Sandler lowered their price target on Chipotle Mexican Grill from $44.00 to $42.00 and set an "overweight" rating for the company in a report on Thursday, April 30th. Zacks Research upgraded Chipotle Mexican Grill from a "strong sell" rating to a "hold" rating in a report on Friday, April 17th. Stephens lifted their price target on Chipotle Mexican Grill from $38.00 to $39.00 and gave the company an "equal weight" rating in a report on Thursday, April 30th. Finally, DA Davidson began coverage on Chipotle Mexican Grill in a report on Friday, March 6th. They issued a "buy" rating and a $51.00 price target for the company. Twenty-four analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $45.48.

Key Chipotle Mexican Grill News

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

• Positive Sentiment: Analysts and commentators said Chipotle’s recent weakness may be overdone, arguing that consumer demand softness is temporary and that the company’s growth runway is still intact. Chipotle: Consumer Weakness Is Temporary, The Growth Story Remains Intact
• Positive Sentiment: Other market coverage pointed to Chipotle as one of the restaurant stocks that still look attractive despite higher food costs and pressure on dining-out demand, suggesting investors are seeing value in the brand’s scale and earnings power. Chipotle and 5 More Restaurant Stocks That Look Appetizing
• Neutral Sentiment: Recent “buy, sell, or hold” and valuation pieces note that CMG has been underperforming over the past several months, keeping attention on whether the current valuation already reflects the slowdown. Chipotle (CMG): Buy, Sell, or Hold Post Q1 Earnings?
• Neutral Sentiment: Wall Street downgrade commentary also continues to weigh on sentiment, with some investors treating the stock as a hold after a prolonged slump. Wall Street Just Downgraded Chipotle Stock. Here's What Investors Should Do Next.
• Negative Sentiment: Broader restaurant-industry articles continue to emphasize tough operating conditions, including elevated food costs and weaker consumer spending, which could limit near-term upside for CMG. Chipotle and 5 More Restaurant Stocks That Look Appetizing

Chipotle Mexican Grill Company 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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