1832 Asset Management L.P. Has $3.83 Million Position in Chart Industries, Inc. (NYSE:GTLS)

1832 Asset Management L.P. raised its stake in Chart Industries, Inc. (NYSE:GTLSFree Report) by 3.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 28,056 shares of the industrial products company’s stock after buying an additional 809 shares during the quarter. 1832 Asset Management L.P. owned 0.07% of Chart Industries worth $3,825,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in GTLS. Johnson Investment Counsel Inc. raised its holdings in shares of Chart Industries by 4.7% during the fourth quarter. Johnson Investment Counsel Inc. now owns 2,208 shares of the industrial products company’s stock worth $301,000 after acquiring an additional 99 shares in the last quarter. State of Michigan Retirement System lifted its holdings in shares of Chart Industries by 1.0% during the 4th quarter. State of Michigan Retirement System now owns 10,100 shares of the industrial products company’s stock valued at $1,377,000 after buying an additional 100 shares during the last quarter. Nisa Investment Advisors LLC grew its stake in shares of Chart Industries by 0.9% in the 4th quarter. Nisa Investment Advisors LLC now owns 11,487 shares of the industrial products company’s stock valued at $1,566,000 after buying an additional 104 shares in the last quarter. First Trust Direct Indexing L.P. grew its stake in shares of Chart Industries by 6.0% in the 4th quarter. First Trust Direct Indexing L.P. now owns 1,946 shares of the industrial products company’s stock valued at $265,000 after buying an additional 111 shares in the last quarter. Finally, Kercheville Advisors LLC increased its holdings in Chart Industries by 8.1% in the fourth quarter. Kercheville Advisors LLC now owns 2,335 shares of the industrial products company’s stock worth $318,000 after buying an additional 175 shares during the last quarter.

Analysts Set New Price Targets

GTLS has been the topic of several analyst reports. Barclays assumed coverage on shares of Chart Industries in a research note on Wednesday, May 8th. They set an “equal weight” rating and a $193.00 price target on the stock. UBS Group upgraded Chart Industries from a “neutral” rating to a “buy” rating and upped their price target for the stock from $152.00 to $170.00 in a research note on Tuesday, March 19th. The Goldman Sachs Group boosted their target price on Chart Industries from $150.00 to $168.00 and gave the stock a “neutral” rating in a report on Tuesday, May 28th. Piper Sandler lifted their price target on shares of Chart Industries from $151.00 to $160.00 and gave the company a “neutral” rating in a research report on Monday, May 6th. Finally, Wells Fargo & Company lifted their target price on shares of Chart Industries from $155.00 to $172.00 and gave the stock an “overweight” rating in a report on Friday, March 1st. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Chart Industries presently has an average rating of “Moderate Buy” and an average target price of $197.57.

Read Our Latest Stock Report on GTLS

Chart Industries Price Performance

Shares of NYSE:GTLS opened at $145.35 on Friday. The business’s 50 day moving average is $153.44 and its 200-day moving average is $140.15. The company has a current ratio of 1.25, a quick ratio of 0.95 and a debt-to-equity ratio of 1.29. The firm has a market capitalization of $6.22 billion, a PE ratio of 145.35, a PEG ratio of 0.41 and a beta of 1.72. Chart Industries, Inc. has a 1-year low of $109.48 and a 1-year high of $184.65.

Chart Industries (NYSE:GTLSGet Free Report) last issued its earnings results on Friday, May 3rd. The industrial products company reported $1.49 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.88 by ($0.39). The company had revenue of $950.70 million during the quarter, compared to analyst estimates of $970.91 million. Chart Industries had a return on equity of 9.49% and a net margin of 1.59%. The company’s quarterly revenue was up 76.7% on a year-over-year basis. During the same period in the previous year, the company posted $1.41 earnings per share. Sell-side analysts predict that Chart Industries, Inc. will post 11.94 earnings per share for the current year.

Chart Industries Profile

(Free Report)

Chart Industries, Inc engages in the designing, engineering, and manufacturing of process technologies and equipment for the gas and liquid molecules in the United States and internationally. The company operates in four segments: Cryo Tank Solutions, Heat Transfer Systems, Specialty Products, and Repair, Service & Leasing.

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Institutional Ownership by Quarter for Chart Industries (NYSE:GTLS)

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