Chart Industries, Inc. $GTLS Shares Purchased by SG Americas Securities LLC

SG Americas Securities LLC boosted its position in shares of Chart Industries, Inc. (NYSE:GTLS) by 595.9% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 20,181 shares of the industrial products company’s stock after acquiring an additional 17,281 shares during the period. SG Americas Securities LLC’s holdings in Chart Industries were worth $3,323,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of GTLS. Allworth Financial LP lifted its position in shares of Chart Industries by 74.5% during the 2nd quarter. Allworth Financial LP now owns 164 shares of the industrial products company’s stock worth $27,000 after purchasing an additional 70 shares during the last quarter. Brooklyn Investment Group raised its stake in Chart Industries by 19,900.0% in the first quarter. Brooklyn Investment Group now owns 200 shares of the industrial products company’s stock valued at $29,000 after buying an additional 199 shares in the last quarter. SVB Wealth LLC purchased a new stake in Chart Industries during the 1st quarter worth about $30,000. Bessemer Group Inc. boosted its position in shares of Chart Industries by 93.0% during the 2nd quarter. Bessemer Group Inc. now owns 193 shares of the industrial products company’s stock worth $32,000 after acquiring an additional 93 shares in the last quarter. Finally, Toth Financial Advisory Corp purchased a new position in shares of Chart Industries in the 2nd quarter valued at about $33,000.

Chart Industries Stock Performance

Shares of GTLS opened at $203.64 on Wednesday. The company’s 50 day simple moving average is $200.35 and its 200-day simple moving average is $182.77. The firm has a market cap of $9.15 billion, a PE ratio of 248.34, a price-to-earnings-growth ratio of 1.15 and a beta of 1.78. Chart Industries, Inc. has a 12-month low of $104.60 and a 12-month high of $220.03. The company has a current ratio of 1.40, a quick ratio of 1.27 and a debt-to-equity ratio of 1.08.

Chart Industries (NYSE:GTLS) last issued its quarterly earnings results on Wednesday, October 29th. The industrial products company reported $2.78 earnings per share for the quarter, missing analysts’ consensus estimates of $3.02 by ($0.24). Chart Industries had a return on equity of 14.17% and a net margin of 1.55%.The business had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.19 billion. During the same quarter in the prior year, the company earned $2.18 EPS. The firm’s revenue for the quarter was up 3.6% on a year-over-year basis. As a group, equities analysts predict that Chart Industries, Inc. will post 9.02 EPS for the current year.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Raymond James Financial reissued a “market perform” rating on shares of Chart Industries in a research report on Wednesday, July 30th. Craig Hallum lowered shares of Chart Industries from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 29th. TD Cowen downgraded shares of Chart Industries from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 31st. BTIG Research downgraded shares of Chart Industries from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 1st. Finally, Lake Street Capital lowered shares of Chart Industries from a “strong-buy” rating to a “hold” rating and set a $210.00 price target on the stock. in a research note on Wednesday, July 30th. Three research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Chart Industries presently has a consensus rating of “Hold” and an average price target of $205.08.

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.