Chart Industries, Inc. (NYSE:GTLS) Stock Position Raised by Janus Henderson Group PLC

Janus Henderson Group PLC lifted its stake in shares of Chart Industries, Inc. (NYSE:GTLS) by 2.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,608,883 shares of the industrial products company’s stock after acquiring an additional 35,004 shares during the quarter. Janus Henderson Group PLC owned 3.76% of Chart Industries worth $307,046,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of GTLS. Capital Analysts LLC bought a new stake in shares of Chart Industries during the 4th quarter worth $25,000. Smartleaf Asset Management LLC lifted 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 valued at $31,000 after purchasing an additional 92 shares in the last quarter. Fairway Wealth LLC purchased a new stake in shares of Chart Industries in the fourth quarter valued at $34,000. Blue Trust Inc. lifted its holdings in shares of Chart Industries by 56.0% in the fourth quarter. Blue Trust Inc. now owns 181 shares of the industrial products company’s stock valued at $35,000 after purchasing an additional 65 shares in the last quarter. Finally, Spire Wealth Management lifted its holdings in shares of Chart Industries by 183.8% in the fourth 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 in the last quarter.

Analyst Ratings Changes

A number of analysts have recently issued reports on GTLS shares. Wells Fargo & Company reduced their target price on Chart Industries from $214.00 to $208.00 and set an “overweight” rating for the company in a report on Tuesday, April 1st. Stifel Nicolaus reduced their target price on Chart Industries from $231.00 to $214.00 and set a “buy” rating for the company in a report on Tuesday, April 22nd. The Goldman Sachs Group reduced their target price on Chart Industries from $197.00 to $173.00 and set a “neutral” rating for the company in a report on Thursday, April 24th. Barclays increased their price objective on Chart Industries from $160.00 to $171.00 and gave the stock an “equal weight” rating in a report on Monday, May 5th. Finally, Citigroup increased their price objective on Chart Industries from $190.00 to $225.00 and gave the stock a “buy” rating in a report on Thursday, February 13th. Two investment analysts have rated the stock with a hold rating, eight have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $201.64.

Chart Industries Trading Up 1.0%

Chart Industries stock opened at $159.07 on Monday. 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 company has a market capitalization of $7.27 billion, a price-to-earnings ratio of 46.11, a PEG ratio of 0.57 and a beta of 1.69. Chart Industries, Inc. has a one year low of $101.60 and a one year high of $220.03. The company’s fifty day moving average price is $140.70 and its two-hundred day moving average price is $170.94.

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

Insider Activity

In other news, CEO Jillian C. Evanko bought 350 shares of the firm’s stock in a transaction that occurred on Thursday, March 6th. The shares were acquired at an average cost of $150.35 per share, with a total value of $52,622.50. Following the completion of the transaction, 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 acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Gerald F. Vinci bought 175 shares of the firm’s stock in a transaction that occurred on Wednesday, March 12th. The shares were purchased at an average cost of $147.89 per share, for a total transaction of $25,880.75. Following the completion of the transaction, the vice president now owns 475 shares of the company’s stock, valued at $70,247.75. This represents a 58.33% increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last ninety days, insiders have acquired 1,109 shares of company stock valued at $160,845. 0.99% of the stock is owned by insiders.

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.