Chart Industries, Inc. (NYSE:GTLS) Shares Purchased by B. Riley Wealth Advisors Inc.

B. Riley Wealth Advisors Inc. boosted its holdings in shares of Chart Industries, Inc. (NYSE:GTLS - Free Report) by 248.0% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 22,257 shares of the industrial products company's stock after purchasing an additional 15,862 shares during the period. B. Riley Wealth Advisors Inc. owned about 0.05% of Chart Industries worth $2,744,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in GTLS. EFG Asset Management North America Corp. increased its holdings in Chart Industries by 0.5% in the second quarter. EFG Asset Management North America Corp. now owns 13,279 shares of the industrial products company's stock valued at $1,916,000 after buying an additional 63 shares in the last quarter. MML Investors Services LLC increased its stake in shares of Chart Industries by 3.3% in the 3rd quarter. MML Investors Services LLC now owns 1,974 shares of the industrial products company's stock valued at $245,000 after purchasing an additional 63 shares in the last quarter. Envestnet Portfolio Solutions Inc. increased its stake in shares of Chart Industries by 3.5% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 1,871 shares of the industrial products company's stock valued at $270,000 after purchasing an additional 64 shares in the last quarter. Arizona State Retirement System raised its holdings in Chart Industries by 0.7% in the 2nd quarter. Arizona State Retirement System now owns 11,836 shares of the industrial products company's stock worth $1,708,000 after purchasing an additional 87 shares during the period. Finally, Aristeia Capital L.L.C. boosted its position in Chart Industries by 3.7% during the second quarter. Aristeia Capital L.L.C. now owns 2,611 shares of the industrial products company's stock worth $377,000 after purchasing an additional 92 shares in the last quarter.

Wall Street Analyst Weigh In

A number of research firms have recently commented on GTLS. Barclays cut their price objective on Chart Industries from $146.00 to $145.00 and set an "equal weight" rating for the company in a research report on Monday, November 4th. Bank of America reduced their price objective on shares of Chart Industries from $185.00 to $165.00 and set a "buy" rating for the company in a research report on Monday, October 14th. Morgan Stanley upgraded shares of Chart Industries from an "equal weight" rating to an "overweight" rating and set a $175.00 target price on the stock in a research report on Monday, September 16th. Craig Hallum boosted their price target on Chart Industries from $199.00 to $207.00 and gave the stock a "buy" rating in a research report on Monday, November 4th. Finally, BTIG Research upped their target price on shares of Chart Industries from $170.00 to $210.00 and gave the stock a "buy" rating in a report on Monday. Three equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, Chart Industries has a consensus rating of "Moderate Buy" and a consensus price target of $181.42.

Chart Industries Trading Up 2.3 %

NYSE GTLS traded up $4.54 during trading hours on Monday, reaching $202.41. The company had a trading volume of 1,562,612 shares, compared to its average volume of 663,914. The company has a current ratio of 1.27, a quick ratio of 1.00 and a debt-to-equity ratio of 1.16. The stock has a market capitalization of $8.67 billion, a P/E ratio of 58.67, a price-to-earnings-growth ratio of 1.01 and a beta of 1.86. The stock has a 50-day moving average of $159.49 and a 200 day moving average of $142.97. Chart Industries, Inc. has a 1-year low of $101.60 and a 1-year high of $204.23.

Chart Industries (NYSE:GTLS - Get Free Report) last issued its quarterly earnings data on Friday, November 1st. The industrial products company reported $2.18 EPS for the quarter, missing the consensus estimate of $2.56 by ($0.38). The company had revenue of $1.06 billion during the quarter, compared to analyst estimates of $1.10 billion. Chart Industries had a return on equity of 13.25% and a net margin of 4.30%. The business's revenue was up 18.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.28 earnings per share. As a group, research analysts anticipate that Chart Industries, Inc. will post 9.03 earnings per share for the current fiscal 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.