Ensign Peak Advisors Inc Purchases 1,160 Shares of Chart Industries, Inc. (NYSE:GTLS)

Ensign Peak Advisors Inc grew its position in Chart Industries, Inc. (NYSE:GTLS) by 8.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 15,601 shares of the industrial products company’s stock after acquiring an additional 1,160 shares during the quarter. Ensign Peak Advisors Inc’s holdings in Chart Industries were worth $2,977,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. Capital Analysts LLC bought a new stake in Chart Industries in the 4th quarter worth approximately $25,000. Smartleaf Asset Management LLC increased its stake in Chart Industries by 129.6% in the 4th quarter. Smartleaf Asset Management LLC now owns 163 shares of the industrial products company’s stock worth $31,000 after acquiring an additional 92 shares during the last quarter. Fairway Wealth LLC bought a new stake in Chart Industries in the 4th quarter worth approximately $34,000. Blue Trust Inc. increased 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 acquiring an additional 65 shares during the last quarter. Finally, Spire Wealth Management increased its stake in Chart Industries by 183.8% in the 4th quarter. Spire Wealth Management now owns 193 shares of the industrial products company’s stock worth $37,000 after acquiring an additional 125 shares during the last quarter.

Insider Transactions at Chart Industries

In other news, VP Gerald F. Vinci purchased 175 shares of the company’s stock in a transaction dated Wednesday, March 12th. The shares were acquired at an average price of $147.89 per share, with a total value of $25,880.75. Following 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Linda S. Harty purchased 500 shares of the company’s stock in a transaction dated Monday, March 10th. The shares were purchased at an average cost of $140.85 per share, for a total transaction of $70,425.00. Following the transaction, the director now directly owns 11,684 shares in the company, 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. In the last 90 days, insiders have bought 1,109 shares of company stock valued at $160,845. 0.99% of the stock is currently owned by corporate insiders.

Chart Industries Stock Performance

Shares of Chart Industries stock opened at $170.09 on Friday. The stock’s fifty day moving average is $142.47 and its two-hundred day moving average is $171.63. The company has a market capitalization of $7.77 billion, a PE ratio of 49.30, a price-to-earnings-growth ratio of 0.57 and a beta of 1.69. 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 Thursday, May 1st. The industrial products company reported $1.86 EPS for the quarter, beating the consensus estimate of $1.84 by $0.02. The company had revenue of $1 billion for the quarter, compared to the consensus estimate of $1.02 billion. Chart Industries had a return on equity of 13.25% and a net margin of 4.30%. Chart Industries’s quarterly revenue was up 38.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.49 EPS. As a group, analysts expect that Chart Industries, Inc. will post 9.02 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. TD Cowen reduced their price objective on Chart Industries from $210.00 to $205.00 and set a “buy” rating on the stock in a research note on Friday, May 2nd. Stifel Nicolaus cut their target price on Chart Industries from $231.00 to $214.00 and set a “buy” rating on the stock in a research report on Tuesday, April 22nd. Citigroup boosted their target price on Chart Industries from $190.00 to $225.00 and gave the company a “buy” rating in a research report on Thursday, February 13th. Barclays boosted their target price on Chart Industries from $160.00 to $171.00 and gave the company an “equal weight” rating in a research report on Monday, May 5th. Finally, The Goldman Sachs Group cut their target price on Chart Industries from $197.00 to $173.00 and set a “neutral” rating on the stock in a research report on Thursday, April 24th. 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 company presently has a consensus rating of “Buy” and an average target price of $201.64.

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.