Tocqueville Asset Management L.P. Takes Position in Chipotle Mexican Grill, Inc. $CMG

Tocqueville Asset Management L.P. purchased a new stake in Chipotle Mexican Grill, Inc. (NYSE:CMG) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 754,424 shares of the restaurant operator’s stock, valued at approximately $25,650,000.

Other hedge funds have also bought and sold shares of the company. Vanguard Group Inc. boosted 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 purchasing an additional 18,660,882 shares during the period. BlackRock Inc. bought a new position in shares of Chipotle Mexican Grill during the second quarter worth approximately $4,417,475,000. Capital World Investors raised its position in shares of Chipotle Mexican Grill by 15.8% in the fourth 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 in the last quarter. Price T Rowe Associates Inc. MD raised its position in shares of Chipotle Mexican Grill by 18.8% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 58,447,867 shares of the restaurant operator’s stock valued at $2,162,572,000 after buying an additional 9,237,720 shares in the last quarter. Finally, Capital International Investors boosted its stake in shares of Chipotle Mexican Grill by 17.7% in the fourth 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. 91.30% of the stock is owned by institutional investors.

Trending Headlines about Chipotle Mexican Grill

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

• Positive Sentiment: Accelerating same-store sales are encouraging after several quarters of weak performance. A sustained improvement in comparable sales could strengthen expectations for Chipotle’s revenue growth, earnings leverage and long-term restaurant expansion. This Growth Stock Reported Accelerating Same-Store Sales: Here’s What That Means for Long-Term Investors
• Positive Sentiment: Chipotle’s international expansion, including its planned Saudi Arabia entry with Alshaya Group, gives investors another potential growth avenue beyond the U.S. market. Successful overseas execution could support the company’s long-term unit-growth targets. What Does Global Expansion Mean for Chipotle
• Positive Sentiment: Call-option volume was unusually high, with traders purchasing 62,143 calls—about 25% above average. This indicates increased bullish speculative interest, although options activity does not guarantee a sustained stock advance.
• Neutral Sentiment: A limited-time Salish Matter kids-meal collaboration is designed to increase engagement with Gen Alpha and families through social-media marketing. It may improve brand awareness and customer traffic, but the near-term financial effect is likely modest. Chipotle broadens Gen Alpha marketing with Salish Matter collaboration
• Neutral Sentiment: Long-range discussions about where CMG could trade in five years emphasize the company’s expansion and earnings potential, but the outcome depends on comparable-sales momentum, new-store productivity and valuation. Where Will Chipotle Mexican Grill’s Stock Be in 5 Years?
• Negative Sentiment: Food-safety lawsuits related to a reported multistate Salmonella outbreak could create legal costs, reputational damage and traffic pressure, adding execution risk as Chipotle expands internationally. Does Chipotle Balancing Food Safety Lawsuits With Global Expansion Reshape Its Risk-Reward Profile?
• Negative Sentiment: A discounted-cash-flow analysis suggests CMG may be about 24% overvalued despite its Saudi Arabia plans. That valuation risk could limit upside if growth does not accelerate enough to justify the premium multiple. Chipotle Stock Could Be 24% Overvalued Despite Saudi Arabia Opening

Analyst Ratings Changes

A number of equities research analysts recently issued reports on CMG shares. BTIG Research reissued a “buy” rating and set a $45.00 price target on shares of Chipotle Mexican Grill in a research report on Wednesday, August 5th. Weiss Ratings raised Chipotle Mexican Grill from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, August 7th. Mizuho upped their target price on Chipotle Mexican Grill from $40.00 to $41.00 and gave the company an “outperform” rating in a research report on Monday, July 13th. Argus increased their target price on Chipotle Mexican Grill from $40.00 to $45.00 and gave the stock a “buy” rating in a report on Tuesday, August 4th. Finally, Sanford C. Bernstein restated an “outperform” rating on shares of Chipotle Mexican Grill in a research report on Friday, July 31st. Twenty-four investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Chipotle Mexican Grill has an average rating of “Moderate Buy” and a consensus price target of $44.16.

Chipotle Mexican Grill Stock Up 3.7%

Shares of CMG stock opened at $34.59 on Thursday. The business has a fifty day simple moving average of $33.63 and a 200 day simple moving average of $34.00. The company has a market cap of $43.78 billion, a P/E ratio of 31.74, a P/E/G ratio of 2.13 and a beta of 0.94. Chipotle Mexican Grill, Inc. has a twelve month low of $28.03 and a twelve month high of $43.99.

Chipotle Mexican Grill (NYSE:CMG) last released its earnings results on Wednesday, July 29th. The restaurant operator reported $0.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.32 by $0.01. The firm had revenue of $3.35 billion for the quarter, compared to analysts’ expectations of $3.33 billion. Chipotle Mexican Grill had a return on equity of 54.65% and a net margin of 11.43%.The business’s revenue for the quarter was up 9.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.33 earnings per share. As a group, equities research analysts anticipate that Chipotle Mexican Grill, Inc. will post 1.14 earnings per share for the current fiscal year.

About Chipotle Mexican Grill

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.