Oppenheimer & Co. Inc. Sells 59,618 Shares of Chipotle Mexican Grill, Inc. $CMG

Key Points

• Oppenheimer & Co. cut its stake in Chipotle by 58.4%, selling 59,618 shares and leaving 42,442 shares valued at about $1.57 million at the end of the quarter.
• Chipotle reported Q1 revenue of $3.09 billion with positive comparable-sales and the first positive transaction growth in over a year, and management plans to open up to ~370 restaurants to support medium‑term growth.
• Analysts' consensus remains a "Moderate Buy" with a $46.03 price target, but several firms have trimmed targets and rising margin pressure is a near‑term headwind.

Oppenheimer & Co. Inc. reduced its stake in Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) by 58.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,442 shares of the restaurant operator's stock after selling 59,618 shares during the period. Oppenheimer & Co. Inc.'s holdings in Chipotle Mexican Grill were worth $1,570,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. Bank of Nova Scotia boosted its stake in shares of Chipotle Mexican Grill by 11.0% during the third quarter. Bank of Nova Scotia now owns 475,672 shares of the restaurant operator's stock valued at $18,642,000 after purchasing an additional 47,241 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its stake in shares of Chipotle Mexican Grill by 34.2% during the third quarter. Allspring Global Investments Holdings LLC now owns 283,407 shares of the restaurant operator's stock valued at $11,044,000 after purchasing an additional 72,167 shares in the last quarter. Klein Pavlis & Peasley Financial Inc. bought a new position in shares of Chipotle Mexican Grill during the fourth quarter valued at approximately $1,597,000. Harbour Trust & Investment Management Co bought a new position in shares of Chipotle Mexican Grill during the third quarter valued at approximately $3,967,000. Finally, Crescent Park Management L.P. bought a new position in shares of Chipotle Mexican Grill during the third quarter valued at approximately $5,911,000. 91.30% of the stock is currently owned by institutional investors.

Chipotle Mexican Grill News Roundup

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

• Positive Sentiment: Argus upgraded CMG from Hold to Buy and set a $40 price target, citing management likely under‑guiding and expecting comps to accelerate — a catalyst for upside in the stock. Argus Upgrades Chipotle to Buy
• Positive Sentiment: Q1 results showed revenue of $3.09B, positive comparable-sales and the first positive transaction growth in over a year, plus management plans to open up to ~370 restaurants — supportive for medium‑term growth expectations. Valuation After Q1 and Expansion Plans
• Positive Sentiment: Multiple outlets and analyst consensus lean constructive (consensus “Moderate Buy”), reinforcing the view that the company is competitively positioned as sales recover. Consensus Rating: Moderate Buy
• Positive Sentiment: Management is highlighting digital and operational improvements (AI cameras, Chipotlanes, product/portion initiatives) as the next phase of growth — a narrative investors reward if execution continues. CEO Interview on Digital Evolution
• Neutral Sentiment: Some analysts and commentary ask whether CMG should be reconsidered after a ~36% one‑year share decline; this frames the stock as a potential value/recovery trade but reflects past underperformance. Is It Time To Reconsider CMG?
• Negative Sentiment: Margin pressure is a clear near‑term headwind — rising costs and margin deterioration have kept some investors cautious despite revenue growth, limiting upside until margins stabilize. Falling Margins Keep Investors Cautious

Chipotle Mexican Grill Stock Up 1.0%

NYSE:CMG opened at $32.29 on Wednesday. Chipotle Mexican Grill, Inc. has a 52 week low of $29.75 and a 52 week high of $58.42. The firm has a 50 day moving average of $34.27 and a 200 day moving average of $35.83. The stock has a market capitalization of $41.42 billion, a price-to-earnings ratio of 29.62, a PEG ratio of 2.06 and a beta of 1.03.

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

Analysts Set New Price Targets

CMG has been the topic of a number of recent research reports. Guggenheim dropped their price objective on shares of Chipotle Mexican Grill from $36.00 to $35.00 and set a "neutral" rating on the stock in a research note on Friday, May 1st. Telsey Advisory Group dropped their price objective on shares of Chipotle Mexican Grill from $50.00 to $48.00 and set an "outperform" rating on the stock in a research note on Wednesday, February 4th. Zacks Research upgraded shares of Chipotle Mexican Grill from a "strong sell" rating to a "hold" rating in a research note on Friday, April 17th. Raymond James Financial dropped their price objective on shares of Chipotle Mexican Grill from $43.00 to $41.00 and set an "outperform" rating on the stock in a research note on Tuesday, April 21st. Finally, Wall Street Zen upgraded shares of Chipotle Mexican Grill from a "sell" rating to a "hold" rating in a research note on Saturday, March 7th. Twenty-four equities research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $46.03.

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.

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