Chart Industries, Inc. (NYSE:GTLS) Shares Purchased by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. increased its stake in shares of Chart Industries, Inc. (NYSE:GTLS) by 3.5% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 536,423 shares of the industrial products company’s stock after acquiring an additional 18,338 shares during the period. Charles Schwab Investment Management Inc. owned approximately 1.19% of Chart Industries worth $77,438,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. First Manhattan CO. LLC. increased its holdings in shares of Chart Industries by 3.1% in the 4th quarter. First Manhattan CO. LLC. now owns 1,779 shares of the industrial products company’s stock valued at $340,000 after acquiring an additional 54 shares during the last quarter. Xponance Inc. increased its holdings in shares of Chart Industries by 1.4% in the 1st quarter. Xponance Inc. now owns 6,116 shares of the industrial products company’s stock valued at $883,000 after acquiring an additional 85 shares during the last quarter. Oppenheimer Asset Management Inc. grew its stake in Chart Industries by 1.5% during the 1st quarter. Oppenheimer Asset Management Inc. now owns 6,781 shares of the industrial products company’s stock worth $979,000 after buying an additional 98 shares during the last quarter. Global X Japan Co. Ltd. grew its stake in Chart Industries by 142.9% during the 1st quarter. Global X Japan Co. Ltd. now owns 170 shares of the industrial products company’s stock worth $25,000 after buying an additional 100 shares during the last quarter. Finally, State of Michigan Retirement System grew its stake in Chart Industries by 1.0% during the 1st quarter. State of Michigan Retirement System now owns 10,100 shares of the industrial products company’s stock worth $1,458,000 after buying an additional 100 shares during the last quarter.

Analyst Ratings Changes

A number of research analysts recently commented on the company. BTIG Research downgraded Chart Industries from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 1st. Johnson Rice downgraded Chart Industries from a “strong-buy” rating to a “hold” rating and set a $210.00 price objective for the company. in a research note on Wednesday, July 30th. TD Cowen downgraded Chart Industries from a “strong-buy” rating to a “hold” rating in a research note on Thursday, July 31st. Seaport Res Ptn downgraded Chart Industries from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 30th. Finally, Cowen downgraded Chart Industries from a “buy” rating to a “hold” rating in a research note on Wednesday, July 30th. Twelve analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $202.00.

Chart Industries Trading Down 0.1%

Shares of Chart Industries stock opened at $198.77 on Thursday. The company has a quick ratio of 1.27, a current ratio of 1.55 and a debt-to-equity ratio of 1.04. The firm has a market cap of $8.93 billion, a price-to-earnings ratio of 36.95, a price-to-earnings-growth ratio of 1.15 and a beta of 1.59. The business has a fifty day simple moving average of $169.08 and a 200-day simple moving average of $163.32. Chart Industries, Inc. has a fifty-two week low of $101.60 and a fifty-two week high of $220.03.

Chart Industries (NYSE:GTLS) last announced its quarterly earnings data on Tuesday, July 29th. The industrial products company reported $2.59 earnings per share for the quarter, missing the consensus estimate of $2.62 by ($0.03). The firm had revenue of $1.08 billion during the quarter, compared to analyst estimates of $1.11 billion. Chart Industries had a net margin of 6.29% and a return on equity of 13.71%. On average, equities analysts forecast that Chart Industries, Inc. will post 9.02 EPS for the current fiscal year.

Chart Industries Company Profile

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.