Duality Advisers LP Has $1.79 Million Stake in Chart Industries, Inc. (NYSE:GTLS)

Duality Advisers LP raised its stake in Chart Industries, Inc. (NYSE:GTLS) by 4.2% in the 4th quarter, HoldingsChannel.com reports. The firm owned 13,099 shares of the industrial products company’s stock after buying an additional 526 shares during the quarter. Duality Advisers LP’s holdings in Chart Industries were worth $1,786,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the stock. Federated Hermes Inc. grew its holdings in Chart Industries by 83.9% during the third quarter. Federated Hermes Inc. now owns 592,238 shares of the industrial products company’s stock worth $100,159,000 after buying an additional 270,133 shares in the last quarter. Gates Capital Management Inc. grew its stake in shares of Chart Industries by 39.3% in the 3rd quarter. Gates Capital Management Inc. now owns 449,926 shares of the industrial products company’s stock worth $76,091,000 after acquiring an additional 127,000 shares in the last quarter. Great Lakes Advisors LLC purchased a new stake in shares of Chart Industries in the third quarter valued at about $19,340,000. Nordea Investment Management AB lifted its position in shares of Chart Industries by 5.5% during the fourth quarter. Nordea Investment Management AB now owns 1,948,174 shares of the industrial products company’s stock valued at $268,088,000 after purchasing an additional 101,404 shares in the last quarter. Finally, Scout Investments Inc. boosted its holdings in Chart Industries by 19.1% during the third quarter. Scout Investments Inc. now owns 555,921 shares of the industrial products company’s stock worth $92,655,000 after purchasing an additional 89,141 shares during the last quarter.

Chart Industries Stock Performance

NYSE GTLS opened at $149.49 on Tuesday. The firm has a market cap of $6.28 billion, a P/E ratio of 393.39, a price-to-earnings-growth ratio of 0.41 and a beta of 1.70. The company has a quick ratio of 0.88, a current ratio of 1.19 and a debt-to-equity ratio of 1.22. The company’s 50 day moving average is $146.53 and its 200-day moving average is $136.44. Chart Industries, Inc. has a 12-month low of $106.66 and a 12-month high of $184.65.

Chart Industries (NYSE:GTLS) last issued its earnings results on Wednesday, February 28th. The industrial products company reported $2.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.13 by $0.12. The business had revenue of $1.02 billion for the quarter, compared to analysts’ expectations of $1.09 billion. Chart Industries had a net margin of 1.00% and a return on equity of 9.27%. The business’s revenue for the quarter was up 130.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.67 EPS. Sell-side analysts predict that Chart Industries, Inc. will post 11.98 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts have commented on GTLS shares. Wells Fargo & Company increased their price objective on shares of Chart Industries from $155.00 to $172.00 and gave the company an “overweight” rating in a research note on Friday, March 1st. Morgan Stanley started coverage on Chart Industries in a report on Thursday, April 18th. They set an “equal weight” rating and a $200.00 price target on the stock. Raymond James raised Chart Industries from an “outperform” rating to a “strong-buy” rating and set a $190.00 price objective on the stock in a research report on Thursday, January 4th. TD Cowen raised their target price on Chart Industries from $230.00 to $260.00 and gave the company an “outperform” rating in a research report on Thursday, February 29th. Finally, UBS Group raised shares of Chart Industries from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $152.00 to $170.00 in a report on Tuesday, March 19th. One research analyst has rated the stock with a sell rating, four have given a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Chart Industries presently has a consensus rating of “Moderate Buy” and a consensus target price of $194.85.

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.