First Financial Bankshares Inc Has $6.33 Million Holdings in Chart Industries, Inc. (NYSE:GTLS)

First Financial Bankshares Inc raised its position in Chart Industries, Inc. (NYSE:GTLS) by 86.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 33,181 shares of the industrial products company’s stock after buying an additional 15,400 shares during the quarter. First Financial Bankshares Inc owned about 0.08% of Chart Industries worth $6,332,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Smartleaf Asset Management LLC lifted its stake in Chart Industries by 129.6% during the fourth quarter. Smartleaf Asset Management LLC now owns 163 shares of the industrial products company’s stock worth $31,000 after purchasing an additional 92 shares during the last quarter. Fairway Wealth LLC acquired a new stake in Chart Industries in the fourth quarter valued at about $34,000. Blue Trust Inc. grew its position in 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 acquiring an additional 65 shares during the last quarter. Spire Wealth Management raised its stake in Chart Industries by 183.8% during the fourth quarter. Spire Wealth Management now owns 193 shares of the industrial products company’s stock worth $37,000 after acquiring an additional 125 shares in the last quarter. Finally, Lindbrook Capital LLC boosted its stake in shares of Chart Industries by 43.4% in 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.

Insider Buying and Selling

In other news, CEO Jillian C. Evanko bought 350 shares of the stock in a transaction dated Thursday, March 6th. The shares were bought 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 of the company’s stock, valued at $20,698,083.10. This trade represents a 0.25 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Linda S. Harty purchased 500 shares of Chart Industries stock in a transaction that occurred on Monday, March 10th. The stock was acquired at an average cost of $140.85 per share, with a total value of $70,425.00. Following the transaction, the director now owns 11,684 shares in the company, valued at $1,645,691.40. This trade represents a 4.47 % increase in their position. The disclosure for this purchase can be found here. Insiders have purchased a total of 1,109 shares of company stock valued at $160,845 over the last ninety days. 0.95% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on GTLS. BTIG Research upped their price objective on shares of Chart Industries from $170.00 to $210.00 and gave the stock a “buy” rating in a research report on Monday, December 16th. Wells Fargo & Company reduced their price objective on Chart Industries from $215.00 to $214.00 and set an “overweight” rating on the stock in a research report on Monday, March 3rd. Raymond James reiterated a “strong-buy” rating and issued a $190.00 target price on shares of Chart Industries in a research report on Monday, December 2nd. TD Cowen boosted their price target on Chart Industries from $205.00 to $210.00 and gave the stock a “buy” rating in a report on Monday, March 3rd. Finally, The Goldman Sachs Group lifted their target price on shares of Chart Industries from $138.00 to $201.00 and gave the stock a “neutral” rating in a research report on Friday, December 20th. Three analysts have rated the stock with a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $194.08.

Chart Industries Stock Down 1.2 %

Shares of NYSE:GTLS opened at $149.89 on Wednesday. The business’s 50-day moving average is $189.50 and its 200-day moving average is $166.30. Chart Industries, Inc. has a 1 year low of $101.60 and a 1 year high of $220.03. The company has a market capitalization of $6.85 billion, a price-to-earnings ratio of 43.45, a P/E/G ratio of 0.57 and a beta of 1.87. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.27 and a quick ratio of 1.00.

Chart Industries (NYSE:GTLS) last issued its quarterly earnings results 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 business had revenue of $1.11 billion during the quarter, compared to analyst estimates of $1.17 billion. Chart Industries had a net margin of 4.30% and a return on equity of 13.25%. Chart Industries’s quarterly revenue was up 9.0% compared to the same quarter last year. During the same period last year, the firm posted $2.25 earnings per share. Equities research analysts predict that Chart Industries, Inc. will post 9.02 earnings per share for the current 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.