Trillium Asset Management LLC Invests $21.06 Million in Chipotle Mexican Grill, Inc. $CMG

Key Points

• Trillium Asset Management bought a new 619,316-share stake in Chipotle Mexican Grill during the second quarter, valued at approximately $21.06 million.
• Institutional ownership remains high at 91.3%, with major investors including BlackRock, Vanguard and Capital World Investors holding or increasing large positions.
• Chipotle reported quarterly revenue of $3.35 billion, up 9.3% year over year, and earnings of $0.33 per share, slightly exceeding estimates. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $44.16.

Trillium Asset Management LLC bought a new stake in Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 619,316 shares of the restaurant operator's stock, valued at approximately $21,057,000.

A number of other large investors have also recently made changes to their positions in CMG. BlackRock Inc. acquired a new stake in shares of Chipotle Mexican Grill in the second quarter valued at approximately $4,417,475,000. Norges Bank acquired a new stake in Chipotle Mexican Grill during the 4th quarter worth $711,837,000. Vanguard Group Inc. boosted its stake in Chipotle Mexican Grill by 14.8% during the 4th quarter. Vanguard Group Inc. now owns 144,588,220 shares of the restaurant operator's stock worth $5,349,764,000 after purchasing an additional 18,660,882 shares during the period. Capital World Investors grew its position in Chipotle Mexican Grill by 15.8% during the 4th quarter. Capital World Investors now owns 101,688,010 shares of the restaurant operator's stock worth $3,762,457,000 after purchasing an additional 13,843,222 shares during the last quarter. Finally, Clearbridge Investments LLC increased its stake in Chipotle Mexican Grill by 206.4% in the fourth quarter. Clearbridge Investments LLC now owns 14,062,158 shares of the restaurant operator's stock valued at $520,300,000 after purchasing an additional 9,473,120 shares during the period. 91.30% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the stock. Mizuho increased their target price on shares of Chipotle Mexican Grill from $40.00 to $41.00 and gave the stock an "outperform" rating in a research note on Monday, July 13th. BNP Paribas Exane boosted their price objective on shares of Chipotle Mexican Grill from $37.00 to $39.00 and gave the company a "neutral" rating in a research note on Thursday, April 30th. Piper Sandler dropped their target price on Chipotle Mexican Grill from $42.00 to $39.00 and set an "overweight" rating on the stock in a research report on Thursday, July 30th. Argus upped their price target on shares of Chipotle Mexican Grill from $40.00 to $45.00 and gave the stock a "buy" rating in a research note on Tuesday, August 4th. Finally, Sanford C. Bernstein reaffirmed an "outperform" rating on shares of Chipotle Mexican Grill in a research note on Friday, July 31st. Twenty-four research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $44.16.

More Chipotle Mexican Grill News

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

• Positive Sentiment: Analysts and commentators continue to highlight Chipotle’s plan to expand to approximately 7,000 restaurants. The investment case depends on disciplined openings, strong new-store returns and efficiency gains that preserve restaurant-level economics as the chain grows. Can Chipotle Scale to 7,000 Units Without Eroding Store Economics?
• Positive Sentiment: Coverage of Chipotle’s accelerating comparable-restaurant sales suggests that a key operating metric may be recovering after several weaker quarters, supporting the long-term growth outlook. This Growth Stock Reported Accelerating Same-Store Sales
• Positive Sentiment: Chipotle and Yum! are being described as potentially attractive after a food-safety-related selloff. The view is that recent scares could have a temporary effect on sales while both restaurant chains retain solid underlying operating momentum. Chipotle and Yum! Look Like Bargains After Food-Safety Selloff
• Positive Sentiment: Unusually heavy call-option activity—with 62,143 calls purchased versus typical volume of 49,651—signals increased bullish speculative interest, although options activity does not guarantee future gains.
• Positive Sentiment: A limited-time Salish Matter Kids’ Meal collaboration expands Chipotle’s Gen Alpha marketing strategy and could increase engagement with younger consumers and their families. Chipotle Launches the Salish Matter Order
• Neutral Sentiment: Articles examining Chipotle’s 10-year investment returns, five-year outlook and 2026 performance reinforce the company’s long-term growth narrative, but are largely analytical rather than new corporate announcements. Here's How Much a $1,000 Investment in Chipotle Made

Chipotle Mexican Grill Stock Performance

CMG stock opened at $35.29 on Friday. The stock's 50 day moving average price is $33.71 and its 200 day moving average price is $33.97. The firm has a market cap of $44.66 billion, a P/E ratio of 32.38, a PEG ratio of 2.21 and a beta of 0.94. Chipotle Mexican Grill, Inc. has a 1 year low of $28.03 and a 1 year high of $43.72.

Chipotle Mexican Grill (NYSE:CMG - Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The restaurant operator reported $0.33 earnings per share for the quarter, topping 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 during the quarter, compared to the consensus estimate of $3.33 billion. During the same quarter last year, the business posted $0.33 earnings per share. Chipotle Mexican Grill's revenue was up 9.3% compared to the same quarter last year. On average, research 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 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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