OneAscent Financial Services LLC bought a new position in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG – Free Report) during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund bought 30,737 shares of the restaurant operator’s stock, valued at approximately $1,045,000.
Several other hedge funds also recently added to or reduced their stakes in the business. Wealth Watch Advisors INC acquired a new stake in Chipotle Mexican Grill in the third quarter worth about $25,000. MV Capital Management Inc. acquired a new position in shares of Chipotle Mexican Grill during the fourth quarter valued at about $26,000. Meeder Asset Management Inc. acquired a new position in shares of Chipotle Mexican Grill during the second quarter valued at about $27,000. Osbon Capital Management LLC purchased a new position in shares of Chipotle Mexican Grill in the 4th quarter valued at approximately $28,000. Finally, Merkkuri Wealth Advisors LLC purchased a new position in shares of Chipotle Mexican Grill in the 1st quarter valued at approximately $28,000. 91.30% of the stock is owned by institutional investors and hedge funds.
Chipotle Mexican Grill Stock Up 1.8%
Chipotle Mexican Grill stock opened at $35.29 on Friday. The stock has a 50-day moving average price of $33.71 and a 200 day moving average price of $33.97. The company has a market capitalization of $44.66 billion, a price-to-earnings ratio of 32.38, a price-to-earnings-growth ratio of 2.21 and a beta of 0.94. Chipotle Mexican Grill, Inc. has a 52 week low of $28.03 and a 52 week high of $43.72.
Chipotle Mexican Grill News Summary
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
Analysts Set New Price Targets
A number of analysts recently commented on CMG shares. UBS Group reiterated a “buy” rating on shares of Chipotle Mexican Grill in a research note on Friday, July 31st. Argus upped their price target on shares of Chipotle Mexican Grill from $40.00 to $45.00 and gave the company a “buy” rating in a research note on Tuesday, August 4th. Morgan Stanley raised their price target on shares of Chipotle Mexican Grill from $37.00 to $39.00 and gave the stock an “equal weight” rating in a report on Thursday, July 30th. Raymond James Financial reiterated an “outperform” rating and set a $42.50 price objective on shares of Chipotle Mexican Grill in a research note on Thursday, July 30th. Finally, Guggenheim reissued a “neutral” rating and set a $36.00 price objective (up from $35.00) on shares of Chipotle Mexican Grill in a report on Friday, July 31st. Twenty-four analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $44.16.
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.
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