Chart Industries, Inc. $GTLS Shares Bought by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. lifted its holdings in shares of Chart Industries, Inc. (NYSE:GTLS) by 4.2% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 558,979 shares of the industrial products company’s stock after purchasing an additional 22,556 shares during the quarter. Charles Schwab Investment Management Inc. owned about 1.24% of Chart Industries worth $92,036,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. AE Wealth Management LLC purchased a new position in shares of Chart Industries during the 1st quarter worth about $227,000. Banque Cantonale Vaudoise purchased a new stake in shares of Chart Industries during the 1st quarter valued at $192,000. XTX Topco Ltd purchased a new stake in shares of Chart Industries during the 1st quarter valued at $529,000. Bayforest Capital Ltd acquired a new stake in shares of Chart Industries during the 1st quarter worth $387,000. Finally, Natixis Advisors LLC raised its position in shares of Chart Industries by 19.8% in the 1st quarter. Natixis Advisors LLC now owns 20,458 shares of the industrial products company’s stock worth $2,954,000 after buying an additional 3,379 shares during the period.

Chart Industries Stock Up 0.0%

Shares of Chart Industries stock opened at $203.95 on Friday. Chart Industries, Inc. has a 1-year low of $104.60 and a 1-year high of $220.03. The company has a market capitalization of $9.17 billion, a PE ratio of 248.72, a P/E/G ratio of 1.15 and a beta of 1.78. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.40 and a quick ratio of 1.27. The business has a 50-day moving average of $201.01 and a 200-day moving average of $184.99.

Chart Industries (NYSE:GTLS) last issued its quarterly earnings data on Wednesday, October 29th. The industrial products company reported $2.78 earnings per share for the quarter, missing analysts’ consensus estimates of $3.02 by ($0.24). The business had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.19 billion. Chart Industries had a net margin of 1.55% and a return on equity of 14.17%. Chart Industries’s revenue for the quarter was up 3.6% compared to the same quarter last year. During the same quarter last year, the business earned $2.18 EPS. As a group, equities analysts forecast that Chart Industries, Inc. will post 9.02 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on GTLS. Weiss Ratings restated a “sell (d+)” rating on shares of Chart Industries in a report on Tuesday. Citigroup cut shares of Chart Industries from a “buy” rating to a “hold” rating in a research report on Friday, September 5th. JPMorgan Chase & Co. raised their target price on shares of Chart Industries from $194.00 to $210.00 and gave the company a “neutral” rating in a research note on Wednesday, October 29th. Finally, BTIG Research cut shares of Chart Industries from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 1st. Three equities research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $205.08.

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.