Amundi Has $16.61 Million Stake in Chart Industries, Inc. (NYSE:GTLS)

Amundi reduced its position in Chart Industries, Inc. (NYSE:GTLS) by 24.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 82,310 shares of the industrial products company’s stock after selling 26,346 shares during the quarter. Amundi owned approximately 0.19% of Chart Industries worth $16,610,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Smartleaf Asset Management LLC lifted its holdings in 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 buying an additional 92 shares during the period. Blue Trust Inc. raised its position in shares of 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 in the last quarter. Spire Wealth Management lifted its stake in shares of Chart Industries by 183.8% in the 4th 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 during the period. Lindbrook Capital LLC boosted its position in shares of Chart Industries by 43.4% during the 4th quarter. Lindbrook Capital LLC now owns 228 shares of the industrial products company’s stock valued at $44,000 after purchasing an additional 69 shares in the last quarter. Finally, Ashton Thomas Securities LLC acquired a new stake in Chart Industries during the third quarter worth approximately $34,000.

Insider Buying and Selling at Chart Industries

In other news, VP Gerald F. Vinci bought 175 shares of the firm’s stock in a transaction on Wednesday, March 12th. The stock was acquired at an average cost of $147.89 per share, with a total value of $25,880.75. Following the completion of the transaction, the vice president now directly owns 475 shares of the company’s stock, valued at $70,247.75. This represents a 58.33 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Jillian C. Evanko purchased 350 shares of the company’s stock in a transaction dated Thursday, March 6th. The shares were purchased at an average cost of $150.35 per share, for a total transaction of $52,622.50. Following the transaction, the chief executive officer now directly owns 137,666 shares in the company, valued at approximately $20,698,083.10. The trade was a 0.25 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have purchased a total of 1,109 shares of company stock worth $160,845 over the last three months. 0.95% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several equities analysts have issued reports on GTLS shares. Barclays boosted their price target on Chart Industries from $145.00 to $165.00 and gave the company an “equal weight” rating in a research note on Tuesday, March 4th. BTIG Research boosted their target price on shares of Chart Industries from $170.00 to $210.00 and gave the company a “buy” rating in a research report on Monday, December 16th. Citigroup raised their price target on shares of Chart Industries from $190.00 to $225.00 and gave the stock a “buy” rating in a report on Thursday, February 13th. The Goldman Sachs Group upped their price objective on shares of Chart Industries from $138.00 to $201.00 and gave the company a “neutral” rating in a report on Friday, December 20th. Finally, TD Cowen increased their price objective on shares of Chart Industries from $205.00 to $210.00 and gave the stock a “buy” rating in a research report on Monday, March 3rd. 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. According to data from MarketBeat, Chart Industries currently has an average rating of “Moderate Buy” and a consensus price target of $194.08.

Chart Industries Trading Down 2.3 %

Shares of GTLS stock opened at $142.65 on Friday. Chart Industries, Inc. has a 52-week low of $101.60 and a 52-week high of $220.03. The company has a 50-day simple moving average of $193.53 and a two-hundred day simple moving average of $165.32. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.00 and a current ratio of 1.27. The company has a market capitalization of $6.52 billion, a price-to-earnings ratio of 41.35, a PEG ratio of 0.57 and a beta of 1.87.

Chart Industries (NYSE:GTLS) last issued its quarterly earnings results on Friday, February 28th. The industrial products company reported $2.66 EPS for the quarter, missing analysts’ consensus estimates of $3.20 by ($0.54). The business had revenue of $1.11 billion for the quarter, compared to analysts’ expectations of $1.17 billion. Chart Industries had a net margin of 4.30% and a return on equity of 13.25%. The business’s revenue was up 9.0% compared to the same quarter last year. During the same period in the previous year, the business posted $2.25 earnings per share. Research analysts anticipate that Chart Industries, Inc. will post 9.02 EPS for the current fiscal year.

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.