MassMutual Private Wealth & Trust FSB Has $212,000 Holdings in Chart Industries, Inc. $GTLS

MassMutual Private Wealth & Trust FSB grew its stake in Chart Industries, Inc. (NYSE:GTLS) by 62.5% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,285 shares of the industrial products company’s stock after buying an additional 494 shares during the period. MassMutual Private Wealth & Trust FSB’s holdings in Chart Industries were worth $212,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Gates Capital Management Inc. lifted its position in shares of Chart Industries by 61.5% during the 1st quarter. Gates Capital Management Inc. now owns 776,636 shares of the industrial products company’s stock worth $112,115,000 after purchasing an additional 295,738 shares during the last quarter. Van Berkom & Associates Inc. lifted its position in shares of Chart Industries by 101.2% during the 1st quarter. Van Berkom & Associates Inc. now owns 374,722 shares of the industrial products company’s stock worth $54,095,000 after purchasing an additional 188,477 shares during the last quarter. GAMMA Investing LLC lifted its position in shares of Chart Industries by 31,455.4% during the 1st quarter. GAMMA Investing LLC now owns 183,337 shares of the industrial products company’s stock worth $26,467,000 after purchasing an additional 182,756 shares during the last quarter. Driehaus Capital Management LLC lifted its position in shares of Chart Industries by 77.7% during the 1st quarter. Driehaus Capital Management LLC now owns 340,198 shares of the industrial products company’s stock worth $49,111,000 after purchasing an additional 148,703 shares during the last quarter. Finally, Engaged Capital LLC lifted its position in shares of Chart Industries by 64.1% during the 1st quarter. Engaged Capital LLC now owns 368,996 shares of the industrial products company’s stock worth $53,268,000 after purchasing an additional 144,200 shares during the last quarter.

Wall Street Analyst Weigh In

Several research firms recently weighed in on GTLS. The Goldman Sachs Group set a $180.00 price objective on Chart Industries and gave the stock a “neutral” rating in a research report on Wednesday, May 28th. Barclays cut their price objective on Chart Industries from $171.00 to $169.00 and set an “equal weight” rating for the company in a research report on Thursday, July 10th. Cowen cut Chart Industries from a “buy” rating to a “hold” rating in a research report on Wednesday, July 30th. Craig Hallum cut Chart Industries from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 29th. Finally, Johnson Rice lowered Chart Industries from a “strong-buy” rating to a “hold” rating and set a $210.00 price objective on the stock. in a report on Wednesday, July 30th. Four analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $202.00.

Chart Industries Stock Down 0.1%

Shares of GTLS opened at $199.81 on Friday. The firm has a market capitalization of $8.98 billion, a price-to-earnings ratio of 37.14, a PEG ratio of 1.16 and a beta of 1.67. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.27 and a current ratio of 1.55. The business’s fifty day moving average price is $191.81 and its two-hundred day moving average price is $163.87. Chart Industries, Inc. has a 52 week low of $104.60 and a 52 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 EPS for the quarter, missing analysts’ consensus estimates of $2.62 by ($0.03). The firm had revenue of $1.08 billion during the quarter, compared to the consensus estimate of $1.11 billion. Chart Industries had a net margin of 6.29% and a return on equity of 13.71%. On average, analysts predict that Chart Industries, Inc. will post 9.02 earnings per share for the current 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.