<div id="readability-page-1"><p>Harbour Trust &amp; Investment Management Co purchased a new stake in shares of  Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 101,213 shares of the restaurant operator's stock, valued at approximately $3,967,000.</p><ul><li>2025’s Most Downgraded Stocks: Buy, Sell, or Hold in 2026</li></ul><p>Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Vanguard Group Inc. lifted its position in  Chipotle Mexican Grill by 0.8% in the 2nd quarter. Vanguard Group Inc. now owns 123,457,125 shares of the restaurant operator's stock valued at $6,932,118,000 after acquiring an additional 993,798 shares in the last quarter.  Alliancebernstein L.P. grew its position in  Chipotle Mexican Grill by 1.9% in the 2nd quarter. Alliancebernstein L.P. now owns 33,111,508 shares of the restaurant operator's stock worth $1,859,211,000 after purchasing an additional 606,190 shares in the last quarter.  Geode Capital Management LLC increased its stake in  Chipotle Mexican Grill by 1.1% in the 2nd quarter. Geode Capital Management LLC now owns 29,659,508 shares of the restaurant operator's stock valued at $1,657,193,000 after buying an additional 325,926 shares during the last quarter.  American Century Companies Inc. lifted its position in shares of  Chipotle Mexican Grill by 2.9% during the 2nd quarter. American Century Companies Inc. now owns 21,257,666 shares of the restaurant operator's stock worth $1,193,618,000 after buying an additional 595,038 shares in the last quarter.  Finally, Norges Bank bought a new position in  Chipotle Mexican Grill in the 2nd quarter valued at $1,001,668,000. 91.30% of the stock is owned by institutional investors. </p><div><p><span></span><span>Get <strong>Chipotle Mexican Grill</strong> alerts:</span></p></div><h2>Analyst Upgrades and Downgrades</h2><p>CMG has been the subject of a number of research reports. Morgan Stanley reduced their target price on shares of Chipotle Mexican Grill from $59.00 to $50.00 and set an &#34;overweight&#34; rating for the company in a research report on Thursday, October 30th. Raymond James Financial  reissued an &#34;outperform&#34; rating and issued a $40.00 price target (down previously from $52.00) on shares of Chipotle Mexican Grill in a research report on Thursday, October 30th. JPMorgan Chase &amp; Co. dropped their target price on Chipotle Mexican Grill from $44.00 to $40.00 and set a &#34;neutral&#34; rating on the stock in a research report on Thursday, October 30th. Gordon Haskett cut shares of Chipotle Mexican Grill from a &#34;strong-buy&#34; rating to a &#34;hold&#34; rating in a research note on Thursday, January 8th. Finally, BMO Capital Markets  reaffirmed an &#34;outperform&#34; rating on shares of Chipotle Mexican Grill in a report on Thursday, October 30th. Two analysts have rated the stock with a Strong Buy rating, twenty-three have assigned  a Buy rating and thirteen have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of &#34;Moderate Buy&#34; and an average price target of $50.00.</p><ul><li>Why Consumers Are Abandoning Chipotle, Sweetgreen and Cava</li></ul><p><b>Check Out Our Latest Analysis on CMG</b></p><h2>Chipotle Mexican Grill Price Performance</h2><p>NYSE:CMG opened at $40.26 on Friday. The company has a market capitalization of $53.23 billion, a price-to-earnings ratio of 35.63, a PEG ratio of 3.86 and a beta of 0.97. The business has a 50 day moving average of $35.26 and a 200 day moving average of $40.65. Chipotle Mexican Grill, Inc. has a 1-year low of $29.75 and a 1-year high of $59.57. </p><ul><li>CAVA Stock Looking for Direction After Earnings Miss</li></ul><p>Chipotle Mexican Grill (NYSE:CMG - Get Free Report) last issued its quarterly earnings results on Wednesday, October 29th. The restaurant operator reported $0.29 EPS for the quarter, meeting analysts' consensus estimates of $0.29. Chipotle Mexican Grill had a net margin of 13.04% and a return on equity of 45.39%. The business had revenue of $3 billion for the quarter, compared to analysts' expectations of $3.06 billion. During the same period last year, the business earned $0.27 earnings per share. The business's quarterly revenue was up 7.5% on a year-over-year basis.  As a group, sell-side analysts anticipate that  Chipotle Mexican Grill, Inc. will post 1.29 EPS for the current year. </p><h2>Chipotle Mexican Grill Company Profile</h2> (Free Report)<p>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.  </p><p>The company is headquartered in Newport Beach, California, and traces its roots to Denver, Colorado.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Chipotle Mexican Grill</li><li>Buy Alert: $8 AI Stock</li><li>NEW LAW: Congress Approves Setup For Digital Dollar?</li><li>Elon Taking SpaceX Public! $100 Pre-IPO Opportunity!</li><li>Virtually Unknown AI Company Solving Trillion-Dollar Problem</li><li>Do not delete, read immediately</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUNNRw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUNNRw"/></p><p><em>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.</em></p><h2>Should You Invest $1,000 in Chipotle Mexican Grill Right Now?</h2><p>Before you consider Chipotle Mexican Grill, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Chipotle Mexican Grill wasn't on the list.</p><p>While Chipotle Mexican Grill currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Harbour Trust & Investment Management Co has acquired a new stake in Chipotle Mexican Grill, purchasing 101,213 shares valued at approximately $3.97 million. This investment comes amid other institutional changes, with Vanguard Group increasing its stake by 0.8% and Alliancebernstein by 1.9%. Analysts have recently downgraded Chipotle's target prices, with Morgan Stanley lowering it from $59 to $50. The stock currently has a market cap of $53.23 billion and a consensus rating of "Moderate Buy" with an average price target of $50.00.</p>

Harbour Trust & Investment Management Co Purchases New Stake in Chipotle Mexican Grill, Inc. $CMG