New York State Common Retirement Fund Purchases 10,972 Shares of Chart Industries, Inc. (NYSE:GTLS)

New York State Common Retirement Fund increased its stake in Chart Industries, Inc. (NYSE:GTLS) by 14.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 88,707 shares of the industrial products company’s stock after buying an additional 10,972 shares during the quarter. New York State Common Retirement Fund owned about 0.21% of Chart Industries worth $16,929,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. Braun Stacey Associates Inc. bought a new stake in Chart Industries in the fourth quarter worth $16,631,000. Venturi Wealth Management LLC lifted its position in Chart Industries by 2,312.8% in the fourth quarter. Venturi Wealth Management LLC now owns 1,134 shares of the industrial products company’s stock worth $216,000 after buying an additional 1,087 shares during the last quarter. D.A. Davidson & CO. bought a new stake in Chart Industries in the fourth quarter worth $219,000. Truist Financial Corp lifted its position in Chart Industries by 5.7% in the fourth quarter. Truist Financial Corp now owns 30,059 shares of the industrial products company’s stock worth $5,736,000 after buying an additional 1,628 shares during the last quarter. Finally, CIBC Asset Management Inc bought a new stake in Chart Industries in the fourth quarter worth $254,000.

Chart Industries Price Performance

GTLS opened at $181.86 on Friday. The business’s 50-day moving average is $200.26 and its two-hundred day moving average is $160.81. Chart Industries, Inc. has a 1 year low of $101.60 and a 1 year high of $220.03. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.27 and a quick ratio of 1.00. The firm has a market capitalization of $7.79 billion, a PE ratio of 52.71, a price-to-earnings-growth ratio of 0.57 and a beta of 1.84.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on GTLS shares. BTIG Research raised their price target on Chart Industries from $170.00 to $210.00 and gave the stock a “buy” rating in a research report on Monday, December 16th. Stifel Nicolaus increased their target price on Chart Industries from $200.00 to $231.00 and gave the stock a “buy” rating in a research note on Tuesday, December 31st. Citigroup increased their target price on Chart Industries from $190.00 to $225.00 and gave the stock a “buy” rating in a research note on Thursday, February 13th. Raymond James reiterated a “strong-buy” rating and issued a $190.00 target price on shares of Chart Industries in a research note on Monday, December 2nd. Finally, Barclays reduced their target price on Chart Industries from $146.00 to $145.00 and set an “equal weight” rating on the stock in a research note on Monday, November 4th. Three analysts have rated the stock with a hold rating, nine have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $191.54.

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.