Chart Industries, Inc. (NYSE:GTLS) Shares Acquired by First American Trust FSB

First American Trust FSB boosted its holdings in Chart Industries, Inc. (NYSE:GTLS) by 1.9% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 38,024 shares of the industrial products company’s stock after buying an additional 718 shares during the quarter. First American Trust FSB owned 0.09% of Chart Industries worth $7,256,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Smartleaf Asset Management LLC boosted its holdings in shares of Chart Industries by 129.6% in the fourth quarter. Smartleaf Asset Management LLC now owns 163 shares of the industrial products company’s stock worth $31,000 after buying an additional 92 shares during the period. Fairway Wealth LLC purchased a new stake in shares of Chart Industries in the 4th quarter valued at approximately $34,000. Blue Trust Inc. boosted its stake in Chart Industries by 56.0% in the 4th quarter. Blue Trust Inc. now owns 181 shares of the industrial products company’s stock worth $35,000 after purchasing an additional 65 shares during the period. Spire Wealth Management raised its stake in Chart Industries by 183.8% during the 4th quarter. Spire Wealth Management now owns 193 shares of the industrial products company’s stock valued at $37,000 after purchasing an additional 125 shares during the period. Finally, Lindbrook Capital LLC lifted its holdings in shares of Chart Industries by 43.4% in the fourth quarter. Lindbrook Capital LLC now owns 228 shares of the industrial products company’s stock valued at $44,000 after purchasing an additional 69 shares in the last quarter.

Analyst Upgrades and Downgrades

GTLS has been the topic of a number of research analyst reports. Barclays lifted their price target on Chart Industries from $145.00 to $165.00 and gave the company an “equal weight” rating in a report on Tuesday, March 4th. Raymond James reiterated a “strong-buy” rating and issued a $190.00 target price on shares of Chart Industries in a report on Monday, December 2nd. Wells Fargo & Company decreased their price target on shares of Chart Industries from $215.00 to $214.00 and set an “overweight” rating for the company in a report on Monday, March 3rd. BTIG Research upped their price objective on shares of Chart Industries from $170.00 to $210.00 and gave the company a “buy” rating in a research note on Monday, December 16th. Finally, TD Cowen lifted their target price on shares of Chart Industries from $205.00 to $210.00 and gave the company a “buy” rating in a research note on Monday, March 3rd. Three analysts have rated the stock with a hold rating, eight have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $196.08.

Chart Industries Trading Up 5.1 %

Shares of NYSE:GTLS opened at $163.10 on Tuesday. The company has a current ratio of 1.27, a quick ratio of 1.00 and a debt-to-equity ratio of 1.16. The stock has a market capitalization of $7.45 billion, a PE ratio of 47.27, a P/E/G ratio of 0.57 and a beta of 1.87. Chart Industries, Inc. has a 1 year low of $101.60 and a 1 year high of $220.03. The firm has a fifty day moving average price of $186.11 and a 200 day moving average price of $167.48.

Chart Industries (NYSE:GTLS) last released its quarterly earnings results on Friday, February 28th. The industrial products company reported $2.66 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.20 by ($0.54). Chart Industries had a return on equity of 13.25% and a net margin of 4.30%. The company had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.17 billion. During the same quarter last year, the company posted $2.25 EPS. The business’s revenue was up 9.0% compared to the same quarter last year. Analysts expect that Chart Industries, Inc. will post 9.02 EPS for the current fiscal year.

Insiders Place Their Bets

In other Chart Industries news, CEO Jillian C. Evanko purchased 350 shares of the business’s stock in a transaction dated Thursday, March 6th. The stock was bought at an average cost of $150.35 per share, for a total transaction of $52,622.50. Following the completion of the acquisition, the chief executive officer now directly owns 137,666 shares in the company, valued at $20,698,083.10. This represents a 0.25 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Gerald F. Vinci acquired 175 shares of the stock in a transaction dated Wednesday, March 12th. The stock was bought at an average price of $147.89 per share, for a total transaction of $25,880.75. Following the purchase, the vice president now owns 475 shares of the company’s stock, valued at $70,247.75. The trade was a 58.33 % increase in their position. The disclosure for this purchase can be found here. Insiders bought a total of 1,109 shares of company stock valued at $160,845 in the last quarter. Insiders own 0.95% of the company’s stock.

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.