Amundi Has $19.67 Million Stock Holdings in Chart Industries, Inc. $GTLS

Amundi raised its holdings in Chart Industries, Inc. (NYSE:GTLS) by 65.6% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 136,269 shares of the industrial products company’s stock after acquiring an additional 53,959 shares during the quarter. Amundi owned about 0.30% of Chart Industries worth $19,672,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. OneDigital Investment Advisors LLC lifted its stake in Chart Industries by 13.2% in the first quarter. OneDigital Investment Advisors LLC now owns 2,026 shares of the industrial products company’s stock valued at $292,000 after acquiring an additional 236 shares during the last quarter. GAMMA Investing LLC lifted its stake in Chart Industries by 118.6% in the first quarter. GAMMA Investing LLC now owns 1,270 shares of the industrial products company’s stock valued at $183,000 after acquiring an additional 689 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in Chart Industries by 2.2% in the first quarter. Bank of New York Mellon Corp now owns 308,963 shares of the industrial products company’s stock valued at $44,602,000 after acquiring an additional 6,681 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in Chart Industries by 7.4% in the first quarter. Envestnet Asset Management Inc. now owns 57,617 shares of the industrial products company’s stock valued at $8,318,000 after acquiring an additional 3,948 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. lifted its stake in Chart Industries by 1.5% in the first quarter. Oppenheimer Asset Management Inc. now owns 6,781 shares of the industrial products company’s stock valued at $979,000 after acquiring an additional 98 shares during the last quarter.

Analyst Ratings Changes

A number of analysts have issued reports on GTLS shares. Raymond James Financial reiterated a “market perform” rating on shares of Chart Industries in a research note on Wednesday, July 30th. Hsbc Global Res upgraded shares of Chart Industries to a “hold” rating in a research note on Wednesday, July 30th. Morgan Stanley reduced their price objective 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. TD Cowen cut shares of Chart Industries from a “strong-buy” rating to a “hold” rating in a research note on Thursday, July 31st. Finally, Barclays reduced their price objective 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, July 10th. Four equities research analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $202.00.

Chart Industries Price Performance

NYSE:GTLS opened at $199.63 on Tuesday. The stock has a market cap of $8.97 billion, a P/E ratio of 37.11, a PEG ratio of 1.15 and a beta of 1.67. Chart Industries, Inc. has a one year low of $101.60 and a one year high of $220.03. The company has a fifty day moving average price of $186.70 and a 200 day moving average price of $162.58. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.55 and a quick ratio of 1.27.

Chart Industries (NYSE:GTLS) last released its earnings results on Tuesday, July 29th. The industrial products company reported $2.59 EPS for the quarter, missing the consensus estimate of $2.62 by ($0.03). The company had revenue of $1.08 billion for the quarter, compared to analyst estimates of $1.11 billion. Chart Industries had a net margin of 6.29% and a return on equity of 13.71%. Analysts anticipate that Chart Industries, Inc. will post 9.02 earnings per share for the current 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.