Chipotle Mexican Grill, Inc. $CMG Shares Sold by Baltimore Washington Financial Advisors Inc.

Key Points

• 74.6% reduction: Baltimore Washington Financial Advisors cut its Chipotle stake by 74.6% in Q3, selling 360,720 shares and leaving 122,959 shares worth about $4.82 million.
• Shares opened at $35.42 and were trading down ~4.4% (roughly 8% lower since the earnings report); Chipotle posted a slight EPS beat and 4.9% revenue growth, but investors are showing short-term selling pressure.
• Analysts have trimmed price targets recently, yet the consensus rating remains a Moderate Buy with an average target of $47.37, and institutional ownership stands at about 91.3%.

Baltimore Washington Financial Advisors Inc. trimmed its holdings in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) by 74.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 122,959 shares of the restaurant operator's stock after selling 360,720 shares during the period. Baltimore Washington Financial Advisors Inc.'s holdings in Chipotle Mexican Grill were worth $4,819,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Operose Advisors LLC acquired a new position in Chipotle Mexican Grill during the second quarter worth $25,000. Salomon & Ludwin LLC acquired a new stake in Chipotle Mexican Grill in the third quarter valued at $26,000. Lavaca Capital LLC acquired a new stake in Chipotle Mexican Grill in the second quarter valued at $28,000. Steigerwald Gordon & Koch Inc. purchased a new stake in shares of Chipotle Mexican Grill during the 3rd quarter worth $29,000. Finally, Murphy & Mullick Capital Management Corp boosted its position in shares of Chipotle Mexican Grill by 106.7% during the 3rd quarter. Murphy & Mullick Capital Management Corp now owns 775 shares of the restaurant operator's stock worth $30,000 after purchasing an additional 400 shares in the last quarter. 91.30% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the stock. Barclays cut their price target on shares of Chipotle Mexican Grill from $44.00 to $40.00 and set an "equal weight" rating for the company in a report on Wednesday, February 4th. Wells Fargo & Company lowered their target price on shares of Chipotle Mexican Grill from $50.00 to $45.00 and set an "overweight" rating on the stock in a research report on Wednesday, February 4th. Raymond James Financial increased their target price on shares of Chipotle Mexican Grill from $40.00 to $45.00 and gave the company an "outperform" rating in a report on Wednesday, January 21st. Piper Sandler decreased their price target on Chipotle Mexican Grill from $47.00 to $44.00 and set an "overweight" rating on the stock in a research note on Wednesday, February 4th. Finally, Mizuho lowered their price target on Chipotle Mexican Grill from $38.00 to $37.00 and set a "neutral" rating on the stock in a report on Wednesday, February 4th. Twenty-three investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $47.37.

Chipotle Mexican Grill Trading Down 4.4%

Shares of CMG stock opened at $35.42 on Friday. The company has a market capitalization of $46.13 billion, a price-to-earnings ratio of 31.07, a PEG ratio of 2.28 and a beta of 1.00. The firm has a 50-day moving average price of $38.37 and a 200 day moving average price of $37.90. Chipotle Mexican Grill, Inc. has a twelve month low of $29.75 and a twelve month high of $58.42.

Chipotle Mexican Grill (NYSE:CMG - Get Free Report) last released its quarterly earnings results on Tuesday, February 3rd. The restaurant operator reported $0.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.24 by $0.01. The company had revenue of $2.98 billion for the quarter, compared to analysts' expectations of $2.96 billion. Chipotle Mexican Grill had a net margin of 12.88% and a return on equity of 47.99%. The firm's revenue for the quarter was up 4.9% compared to the same quarter last year. During the same period last year, the company earned $0.25 EPS. As a group, research analysts predict that Chipotle Mexican Grill, Inc. will post 1.29 earnings per share for the current year.

Key Chipotle Mexican Grill News

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

• Positive Sentiment: DA Davidson initiated coverage of Chipotle with a Buy rating and a $51 price target, implying significant upside from current levels — a clear catalyst that could support the stock if investors buy into the thesis. Benzinga
• Positive Sentiment: DA Davidson also flagged the restaurant group as poised for a 2026 rebound as valuations sit near multi-year lows and early industry improvement signs appear, which could lift peers including CMG if consumer demand strengthens. DA Davidson sees U.S. restaurants primed for rebound in 2026
• Neutral Sentiment: Coverage comparing sector names: an article on Buffett’s move into Domino’s and sector dynamics provides context on investor preference for franchise-heavy, cash-generative chains versus company-owned models — useful background but not a direct catalyst for CMG. The Restaurant Stock Warren Buffett Bought Is Up. Here’s the One His Successor Will Likely Buy Next
• Neutral Sentiment: A comparative piece on Chipotle vs. Sweetgreen explores differing growth/valuation profiles in the casual-dining/fast-casual space — useful for long-term positioning but not an immediate price driver. Chipotle vs. Sweetgreen: Which Stock Will Make You Richer?
• Negative Sentiment: Zacks highlights that Chipotle has registered a bigger intraday dip than the broader market, signaling short-term selling pressure and bearish tone among traders. Chipotle Mexican Grill (CMG) Sees a More Significant Dip Than Broader Market: Some Facts to Know
• Negative Sentiment: Multiple pieces (The Motley Fool) question whether Chipotle’s valuation (high-teens-to-30s P/E depending on metric) is justified for "mid-single-digit" growth, a narrative that pressures the stock as investors re-price growth expectations. Why Did Chipotle Mexican Grill Stock Drop Today?
• Negative Sentiment: Follow-ups (Yahoo Finance / Zacks) note CMG is down roughly ~8% since its recent earnings report; analysts and investors are watching same-store sales, margin trajectory and forward guidance for signs the company can re-accelerate growth. Why Is Chipotle (CMG) Down 8.1% Since Last Earnings Report?
• Negative Sentiment: Zacks’ deeper look into post-earnings weakness reiterates the same themes: modest revenue/EPS growth, high valuation, and investor skepticism — factors that explain near-term selling pressure. Why Is Chipotle (CMG) Down 8.1% Since Last Earnings Report?

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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