Chipotle's Q2 revenue increased 18.2% to $2.97B, while institutional ownership reached 91.31%.
Chipotle Mexican Grill (CMG) experienced a notable increase in institutional investments, with Thames Capital Management acquiring over 126,000 additional shares, now holding 3.2% of the company. Analysts have mixed views, with several lowering price targets while maintaining buy or hold ratings. Chipotle's Q2 earnings showed an 18.2% revenue increase to $2.97 billion and a net margin of 13.23%. Currently, institutional investors own 91.31% of CMG stock.
September 21, 2024
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