Chart Industries, Inc. (NYSE:GTLS) Shares Acquired by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. raised its holdings in shares of Chart Industries, Inc. (NYSE:GTLS) by 10.4% in the 1st quarter, HoldingsChannel.com reports. The fund owned 3,036 shares of the industrial products company’s stock after buying an additional 287 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Chart Industries were worth $438,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of GTLS. Capital Analysts LLC acquired a new stake in Chart Industries during the 4th quarter valued at approximately $25,000. Opal Wealth Advisors LLC acquired a new position in shares of Chart Industries in the 1st quarter valued at $25,000. Global X Japan Co. Ltd. lifted its stake in shares of Chart Industries by 142.9% in the 1st quarter. Global X Japan Co. Ltd. now owns 170 shares of the industrial products company’s stock valued at $25,000 after purchasing an additional 100 shares during the period. Byrne Asset Management LLC acquired a new position in shares of Chart Industries in the 1st quarter valued at $45,000. Finally, Quadrant Capital Group LLC lifted its stake in shares of Chart Industries by 42.9% in the 4th quarter. Quadrant Capital Group LLC now owns 340 shares of the industrial products company’s stock valued at $65,000 after purchasing an additional 102 shares during the period.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the stock. Barclays decreased their target price on shares of Chart Industries from $171.00 to $169.00 and set an “equal weight” rating for the company in a research note on Thursday. TD Cowen decreased their target price on shares of Chart Industries from $210.00 to $205.00 and set a “buy” rating for the company in a research note on Friday, May 2nd. Stifel Nicolaus decreased their target price on shares of Chart Industries from $231.00 to $214.00 and set a “buy” rating for the company in a research note on Tuesday, April 22nd. Morgan Stanley decreased their target price on shares of Chart Industries from $250.00 to $225.00 and set an “overweight” rating for the company in a research note on Friday, May 16th. Finally, Wells Fargo & Company reduced their price objective on shares of Chart Industries from $214.00 to $208.00 and set an “overweight” rating for the company in a research report on Tuesday, April 1st. Two research analysts have rated the stock with a hold rating, eight have given a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Chart Industries presently has an average rating of “Buy” and an average target price of $199.82.

Chart Industries Stock Performance

NYSE:GTLS opened at $167.90 on Friday. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.21 and a current ratio of 1.51. The company has a fifty day moving average of $158.21 and a two-hundred day moving average of $166.07. The stock has a market capitalization of $7.67 billion, a PE ratio of 33.92, a P/E/G ratio of 0.65 and a beta of 1.68. Chart Industries, Inc. has a fifty-two week low of $101.60 and a fifty-two week high of $220.03.

Chart Industries (NYSE:GTLS) last released its earnings results on Thursday, May 1st. The industrial products company reported $1.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.84 by $0.02. Chart Industries had a net margin of 5.93% and a return on equity of 13.93%. The business had revenue of $1 billion during the quarter, compared to analyst estimates of $1.02 billion. During the same quarter in the prior year, the firm earned $1.49 earnings per share. The company’s revenue for the quarter was up 38.8% compared to the same quarter last year. As a group, research analysts forecast that Chart Industries, Inc. will post 9.02 earnings per share for the current fiscal year.

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.