Chart Industries, Inc. (NYSE:GTLS) CEO Jillian C. Evanko Acquires 350 Shares of Stock

Chart Industries, Inc. (NYSE:GTLS) CEO Jillian C. Evanko bought 350 shares of the business’s stock in a transaction on Thursday, March 6th. The shares were 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 approximately $20,698,083.10. This trade represents a 0.25 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Chart Industries Price Performance

NYSE:GTLS opened at $143.08 on Friday. The stock has a market cap of $6.13 billion, a PE ratio of 41.47, a P/E/G ratio of 0.57 and a beta of 1.84. The business’s 50-day simple moving average is $198.16 and its two-hundred day simple moving average is $164.38. The company has a quick ratio of 1.00, a current ratio of 1.27 and a debt-to-equity ratio of 1.16. Chart Industries, Inc. has a 52 week low of $101.60 and a 52 week high of $220.03.

Chart Industries (NYSE:GTLS) last announced its quarterly earnings data 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). The firm had revenue of $1.11 billion during the quarter, compared to the consensus estimate of $1.17 billion. Chart Industries had a return on equity of 13.25% and a net margin of 4.30%. The firm’s revenue for the quarter was up 9.0% on a year-over-year basis. During the same period in the previous year, the business earned $2.25 EPS. As a group, analysts forecast that Chart Industries, Inc. will post 9.02 EPS for the current fiscal year.

Institutional Trading of Chart Industries

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. National Bank of Canada FI increased its stake in Chart Industries by 328.7% during the 3rd quarter. National Bank of Canada FI now owns 6,757 shares of the industrial products company’s stock valued at $839,000 after purchasing an additional 5,181 shares in the last quarter. B. Riley Wealth Advisors Inc. grew its stake in Chart Industries by 248.0% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 22,257 shares of the industrial products company’s stock valued at $2,744,000 after acquiring an additional 15,862 shares during the period. Fisher Asset Management LLC boosted its stake in shares of Chart Industries by 2.3% in the third quarter. Fisher Asset Management LLC now owns 592,486 shares of the industrial products company’s stock worth $73,551,000 after acquiring an additional 13,181 shares during the last quarter. Mitsubishi UFJ Asset Management UK Ltd. grew its holdings in shares of Chart Industries by 26.7% during the fourth quarter. Mitsubishi UFJ Asset Management UK Ltd. now owns 9,500 shares of the industrial products company’s stock worth $1,813,000 after buying an additional 2,000 shares in the last quarter. Finally, Blueshift Asset Management LLC purchased a new position in Chart Industries in the 3rd quarter worth approximately $373,000.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. Stifel Nicolaus increased their target price on Chart Industries from $200.00 to $231.00 and gave the stock a “buy” rating in a report on Tuesday, December 31st. BTIG Research boosted 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. Barclays upped their price objective on shares of Chart Industries from $145.00 to $165.00 and gave the stock an “equal weight” rating in a research report on Tuesday. TD Cowen boosted their price objective on shares of Chart Industries from $205.00 to $210.00 and gave the stock a “buy” rating in a report on Monday. Finally, Wells Fargo & Company reduced their price objective on shares of Chart Industries from $215.00 to $214.00 and set an “overweight” rating on the stock in a research report on Monday. Three research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $194.08.

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.