Chart Industries, Inc. (NYSE:GTLS) is Aristotle Pacific Capital LLC’s 6th Largest Position

Aristotle Pacific Capital LLC decreased its position in shares of Chart Industries, Inc. (NYSE:GTLS) by 17.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,154 shares of the industrial products company’s stock after selling 2,500 shares during the period. Chart Industries comprises approximately 0.4% of Aristotle Pacific Capital LLC’s holdings, making the stock its 6th biggest holding. Aristotle Pacific Capital LLC’s holdings in Chart Industries were worth $1,509,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP raised its position in shares of Chart Industries by 504.7% in the 2nd quarter. Dimensional Fund Advisors LP now owns 463,466 shares of the industrial products company’s stock valued at $66,896,000 after purchasing an additional 386,821 shares in the last quarter. Point72 Asset Management L.P. grew its holdings in Chart Industries by 323.0% during the 2nd quarter. Point72 Asset Management L.P. now owns 416,150 shares of the industrial products company’s stock worth $60,067,000 after acquiring an additional 317,775 shares in the last quarter. Driehaus Capital Management LLC increased its position in shares of Chart Industries by 385.3% in the 2nd quarter. Driehaus Capital Management LLC now owns 197,197 shares of the industrial products company’s stock worth $28,463,000 after purchasing an additional 156,562 shares during the last quarter. Primecap Management Co. CA acquired a new stake in shares of Chart Industries in the 2nd quarter valued at about $14,333,000. Finally, DDD Partners LLC bought a new position in shares of Chart Industries during the second quarter worth about $14,286,000.

Insider Activity

In related news, Director Linda S. Harty acquired 1,000 shares of the business’s stock in a transaction on Friday, September 13th. The shares were purchased at an average price of $113.50 per share, for a total transaction of $113,500.00. Following the acquisition, the director now owns 10,640 shares in the company, valued at approximately $1,207,640. This represents a 10.37 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Jillian C. Evanko bought 440 shares of the firm’s stock in a transaction on Thursday, September 5th. The stock was purchased at an average price of $114.31 per share, with a total value of $50,296.40. Following the completion of the acquisition, the chief executive officer now owns 125,448 shares of the company’s stock, valued at approximately $14,339,960.88. This trade represents a 0.35 % increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last ninety days, insiders have bought 7,152 shares of company stock worth $482,278. 0.95% of the stock is owned by company insiders.

Chart Industries Stock Performance

GTLS stock opened at $193.25 on Monday. The company has a market capitalization of $8.27 billion, a P/E ratio of 56.01, a PEG ratio of 0.99 and a beta of 1.71. The company has a quick ratio of 1.00, a current ratio of 1.27 and a debt-to-equity ratio of 1.16. The company has a 50-day simple moving average of $143.84 and a 200 day simple moving average of $139.98. Chart Industries, Inc. has a fifty-two week low of $101.60 and a fifty-two week high of $196.91.

Chart Industries (NYSE:GTLS) last posted its quarterly earnings data on Friday, November 1st. The industrial products company reported $2.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.56 by ($0.38). Chart Industries had a net margin of 4.30% and a return on equity of 13.25%. The company had revenue of $1.06 billion during the quarter, compared to the consensus estimate of $1.10 billion. During the same quarter last year, the business earned $1.28 earnings per share. The company’s revenue was up 18.3% on a year-over-year basis. Sell-side analysts predict that Chart Industries, Inc. will post 9.03 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. Evercore ISI raised Chart Industries to a “strong-buy” rating in a report on Monday, August 5th. The Goldman Sachs Group dropped their price target on Chart Industries from $168.00 to $144.00 and set a “neutral” rating on the stock in a research report on Thursday, August 29th. Barclays decreased their price objective on shares of Chart Industries from $146.00 to $145.00 and set an “equal weight” rating for the company in a report on Monday, November 4th. Bank of America dropped their target price on shares of Chart Industries from $185.00 to $165.00 and set a “buy” rating on the stock in a report on Monday, October 14th. Finally, Stifel Nicolaus lifted their price target on shares of Chart Industries from $198.00 to $200.00 and gave the company a “buy” rating in a report on Monday, November 4th. Three analysts have rated the stock with a hold rating, seven have given a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $178.82.

Chart Industries 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.