Intech Investment Management LLC Sells 968,800 Shares of Chipotle Mexican Grill, Inc. $CMG

Key Points

• Intech Investment Management LLC sharply cut its Chipotle Mexican Grill stake by 88.3% in the fourth quarter, selling 968,800 shares and leaving it with 128,307 shares worth about $4.75 million.
• Chipotle reported Q1 EPS of $0.24, matching expectations, while revenue of $3.09 billion slightly topped estimates and rose 7.4% year over year.
• Despite analyst target cuts, Wall Street remains generally constructive on CMG, with 24 Buy ratings and a consensus Moderate Buy rating with a target price of $46.03.

Intech Investment Management LLC decreased its position in Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) by 88.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 128,307 shares of the restaurant operator's stock after selling 968,800 shares during the period. Intech Investment Management LLC's holdings in Chipotle Mexican Grill were worth $4,747,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in CMG. Financial Life Planners bought a new position in Chipotle Mexican Grill in the third quarter valued at about $25,000. Wealth Watch Advisors INC bought a new position in Chipotle Mexican Grill in the third quarter valued at about $25,000. Murphy & Mullick Capital Management Corp boosted its holdings in Chipotle Mexican Grill by 106.7% during the third quarter. Murphy & Mullick Capital Management Corp now owns 775 shares of the restaurant operator's stock worth $30,000 after buying an additional 400 shares during the last quarter. Winthrop Capital Management LLC bought a new position in Chipotle Mexican Grill during the third quarter worth about $31,000. Finally, Ameriflex Group Inc. boosted its holdings in Chipotle Mexican Grill by 109.4% during the third quarter. Ameriflex Group Inc. now owns 890 shares of the restaurant operator's stock worth $35,000 after buying an additional 465 shares during the last quarter. Institutional investors own 91.30% of the company's stock.

Chipotle Mexican Grill Price Performance

NYSE CMG opened at $31.90 on Monday. Chipotle Mexican Grill, Inc. has a one year low of $29.75 and a one year high of $58.42. The firm has a market cap of $40.92 billion, a P/E ratio of 29.27, a P/E/G ratio of 2.05 and a beta of 0.99. The stock's 50-day moving average is $33.24 and its 200-day moving average is $35.29.

Chipotle Mexican Grill (NYSE:CMG - Get Free Report) last released its quarterly earnings data on Wednesday, April 29th. The restaurant operator reported $0.24 earnings per share for the quarter, meeting the consensus estimate 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 for the quarter, compared to analysts' expectations of $3.07 billion. During the same quarter in the previous year, the business posted $0.29 EPS. Chipotle Mexican Grill's revenue for the quarter was up 7.4% on a year-over-year basis. Equities analysts anticipate that Chipotle Mexican Grill, Inc. will post 1.13 EPS for the current year.

Wall Street Analysts Forecast Growth

CMG has been the topic of a number of recent analyst reports. Wells Fargo & Company reduced their target price on Chipotle Mexican Grill from $50.00 to $45.00 and set an "overweight" rating on the stock in a report on Wednesday, February 4th. Piper Sandler reduced their target price on Chipotle Mexican Grill from $44.00 to $42.00 and set an "overweight" rating on the stock in a report on Thursday, April 30th. Barclays reduced their target price on Chipotle Mexican Grill from $40.00 to $38.00 and set an "equal weight" rating on the stock in a report on Thursday, April 30th. Stifel Nicolaus restated a "buy" rating on shares of Chipotle Mexican Grill in a report on Monday, March 9th. Finally, Raymond James Financial reduced their target price on Chipotle Mexican Grill from $43.00 to $41.00 and set an "outperform" rating on the stock in a report on Tuesday, April 21st. 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. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $46.03.

Key Stories Impacting Chipotle Mexican Grill

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

• Positive Sentiment: Chipotle is trying to re-accelerate traffic with new marketing and loyalty initiatives, including the return of its “Summer of Extras” program with streak-based rewards and local rankings designed to boost engagement and repeat visits. CHIPOTLE'S "SUMMER OF EXTRAS" RETURNS, WITH STREAK-BASED REWARDS AND LOCAL RANKINGS TO GAMIFY THE REWARDS EXPERIENCE
• Positive Sentiment: Wall Street still appears broadly constructive on Chipotle despite recent underperformance, suggesting some analysts continue to see long-term upside in the brand and growth model. Chipotle Mexican Grill Stock: Is Wall Street Bullish or Bearish?
• Neutral Sentiment: Chipotle also drew attention for menu innovation, including a new trendy chicken item, as management looks for ways to support demand after softness in same-store sales. Chipotle's menu adds a trendy ingredient
• Neutral Sentiment: One article noted that Chipotle’s stock has fallen since its last earnings report and that investors are watching earnings revisions for clues on the next move, reflecting uncertainty rather than a new company-specific catalyst. Chipotle Mexican Grill (CMG) Stock Drops Despite Market Gains: Important Facts to Note
• Negative Sentiment: Recent coverage also highlighted Chipotle’s weaker same-store sales trend, including a 1.7% decline at the end of fiscal 2025, which has raised concerns about foot traffic and near-term growth. Chipotle's menu adds a trendy ingredient

Chipotle Mexican Grill 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.

Want to see what other hedge funds are holding CMG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.