Aristotle Atlantic Partners LLC Sells 20,189 Shares of Chart Industries, Inc. (NYSE:GTLS)

Aristotle Atlantic Partners LLC lessened its stake in shares of Chart Industries, Inc. (NYSE:GTLS) by 15.4% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 111,097 shares of the industrial products company’s stock after selling 20,189 shares during the period. Aristotle Atlantic Partners LLC owned approximately 0.26% of Chart Industries worth $21,202,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. Capital Analysts LLC purchased a new stake in shares of Chart Industries in the fourth quarter valued at $25,000. Smartleaf Asset Management LLC grew its holdings in Chart Industries by 129.6% during the 4th quarter. Smartleaf Asset Management LLC now owns 163 shares of the industrial products company’s stock valued at $31,000 after purchasing an additional 92 shares during the last quarter. Fairway Wealth LLC purchased a new stake in Chart Industries in the 4th quarter worth about $34,000. Blue Trust Inc. lifted its stake in Chart Industries by 56.0% in the fourth 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 last quarter. Finally, Spire Wealth Management boosted its position in shares of Chart Industries by 183.8% during the fourth quarter. Spire Wealth Management now owns 193 shares of the industrial products company’s stock valued at $37,000 after buying an additional 125 shares during the period.

Chart Industries Stock Up 3.6 %

Chart Industries stock opened at $156.95 on Friday. The company has a quick ratio of 1.00, a current ratio of 1.27 and a debt-to-equity ratio of 1.16. The firm has a market cap of $7.05 billion, a P/E ratio of 45.49, a P/E/G ratio of 0.57 and a beta of 1.68. The business has a fifty day moving average of $143.01 and a two-hundred day moving average of $169.26. Chart Industries, Inc. has a twelve month low of $101.60 and a twelve month high of $220.03.

Chart Industries (NYSE:GTLS) last issued its quarterly earnings data on Thursday, May 1st. The industrial products company reported $1.86 earnings per share for the quarter, beating analysts’ consensus estimates of $1.84 by $0.02. Chart Industries had a return on equity of 13.25% and a net margin of 4.30%. The company had revenue of $1 billion for the quarter, compared to the consensus estimate of $1.02 billion. During the same quarter last year, the company earned $1.49 earnings per share. The firm’s revenue for the quarter was up 38.8% compared to the same quarter last year. On average, analysts forecast that Chart Industries, Inc. will post 9.02 earnings per share for the current fiscal year.

Analysts Set New Price Targets

GTLS has been the topic of several recent analyst reports. Barclays reduced their price target on Chart Industries from $165.00 to $160.00 and set an “equal weight” rating on the stock in a report on Thursday, April 10th. Morgan Stanley lowered their target price on shares of Chart Industries from $275.00 to $250.00 and set an “overweight” rating for the company in a research note on Thursday, March 27th. Wells Fargo & Company reduced their price target on shares of Chart Industries from $214.00 to $208.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 1st. Citigroup boosted their price objective on shares of Chart Industries from $190.00 to $225.00 and gave the company a “buy” rating in a research report on Thursday, February 13th. Finally, TD Cowen reduced their target price on shares of Chart Industries from $210.00 to $205.00 and set a “buy” rating on the stock in a research report on Friday. Three research analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $197.25.

Insider Transactions at Chart Industries

In other news, CEO Jillian C. Evanko bought 350 shares of the stock in a transaction on 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 purchase, the chief executive officer now directly owns 137,666 shares in the company, valued at approximately $20,698,083.10. The trade was a 0.25 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Linda S. Harty purchased 500 shares of Chart Industries stock in a transaction dated Monday, March 10th. The shares were acquired at an average cost of $140.85 per share, for a total transaction of $70,425.00. Following the completion of the transaction, the director now owns 11,684 shares of the company’s stock, valued at approximately $1,645,691.40. This represents a 4.47 % increase in their position. The disclosure for this purchase can be found here. Insiders have bought a total of 1,109 shares of company stock valued at $160,845 in the last 90 days. Insiders own 0.99% of the company’s stock.

About Chart Industries

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.