Chipotle Mexican Grill
About: Chipotle Mexican Grill is the largest fast-casual chain restaurant in the United States, with systemwide sales of $11.3 billion in 2024. The Mexican concept is almost exclusively company-owned, with just three license stores operated through a master franchise relationship with Alshaya Group in the Middle East. It had a footprint of 3,726 stores at the end of 2024, heavily indexed to the United States, although it maintains a small presence in Canada, the UK, France, and Germany. Chipotle sells burritos, burrito bowls, tacos, quesadillas, and beverages, with a selling proposition built around competitive prices, high-quality food sourcing, speed of service, and convenience. The company generates its revenue entirely from restaurant sales and delivery fees.
Employees: 130,504
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
0.3% more ownership
Funds ownership: 85.63% [Q4 2024] → 85.92% (+0.3%) [Q1 2025]
6% less repeat investments, than reductions
Existing positions increased: 566 | Existing positions reduced: 603
6% less funds holding
Funds holding: 1,612 [Q4 2024] → 1,518 (-94) [Q1 2025]
17% less capital invested
Capital invested by funds: $70.5B [Q4 2024] → $58.4B (-$12.1B) [Q1 2025]
18% less funds holding in top 10
Funds holding in top 10: 17 [Q4 2024] → 14 (-3) [Q1 2025]
23% less call options, than puts
Call options by funds: $1.71B | Put options by funds: $2.23B
27% less first-time investments, than exits
New positions opened: 147 | Existing positions closed: 202
Research analyst outlook
19 Wall Street Analysts provided 1 year price targets over the past 3 months
19 analyst ratings
Redburn Atlantic Chris Luyckx | 9%upside $55 | Neutral Initiated | 10 Jun 2025 |
Stephens & Co. Jim Salera | 2%downside $49 | Equal-Weight Reiterated | 9 Jun 2025 |
JP Morgan John Ivankoe | 7%upside $54 | Neutral Maintained | 29 May 2025 |
Bernstein Danilo Gargiulo | 29%upside $65 | Outperform Maintained | 23 May 2025 |
Guggenheim Gregory Francfort | 6%downside $47 | Neutral Maintained | 25 Apr 2025 |
Financial journalist opinion
Based on 26 articles about CMG published over the past 30 days
