Chart Industries, Inc. (NYSE:GTLS) Shares Bought by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. lifted its stake in shares of Chart Industries, Inc. (NYSE:GTLS - Free Report) by 2.4% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 501,888 shares of the industrial products company's stock after acquiring an additional 11,706 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 1.17% of Chart Industries worth $62,304,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Dimensional Fund Advisors LP grew its position in shares of Chart Industries by 504.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 463,466 shares of the industrial products company's stock worth $66,896,000 after buying an additional 386,821 shares in the last quarter. Point72 Asset Management L.P. raised its holdings in shares of Chart Industries by 323.0% in the 2nd quarter. Point72 Asset Management L.P. now owns 416,150 shares of the industrial products company's stock valued at $60,067,000 after purchasing an additional 317,775 shares in the last quarter. Boston Partners purchased a new stake in shares of Chart Industries in the 1st quarter worth approximately $30,755,000. Driehaus Capital Management LLC boosted its stake in shares of Chart Industries by 385.3% during the second quarter. Driehaus Capital Management LLC now owns 197,197 shares of the industrial products company's stock valued at $28,463,000 after purchasing an additional 156,562 shares in the last quarter. Finally, Primecap Management Co. CA purchased a new stake in Chart Industries during the second quarter worth $14,333,000.

Chart Industries Trading Down 1.2 %

Shares of Chart Industries stock traded down $2.35 on Friday, reaching $193.25. The company had a trading volume of 479,043 shares, compared to its average volume of 658,359. The firm has a market cap of $8.27 billion, a PE ratio of 56.01, a PEG ratio of 1.00 and a beta of 1.71. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.00 and a current ratio of 1.27. Chart Industries, Inc. has a 52-week low of $101.60 and a 52-week high of $196.91. The firm's 50 day moving average price is $143.84 and its two-hundred day moving average price is $140.12.

Chart Industries (NYSE:GTLS - Get Free Report) 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). The firm had revenue of $1.06 billion during the quarter, compared to analysts' expectations of $1.10 billion. Chart Industries had a net margin of 4.30% and a return on equity of 13.25%. Chart Industries's quarterly revenue was up 18.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.28 EPS. Sell-side analysts predict that Chart Industries, Inc. will post 9.03 earnings per share for the current fiscal year.

Insider Activity at Chart Industries

In other Chart Industries news, Director Linda S. Harty purchased 5,000 shares of the firm's stock in a transaction on Monday, September 16th. The stock was bought at an average cost of $48.05 per share, with a total value of $240,250.00. Following the acquisition, the director now directly owns 5,000 shares of the company's stock, valued at approximately $240,250. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Jillian C. Evanko bought 440 shares of the business's stock in a transaction dated Thursday, September 5th. The shares were acquired at an average cost of $114.31 per share, for a total transaction of $50,296.40. Following the transaction, the chief executive officer now directly owns 125,448 shares in the company, valued at approximately $14,339,960.88. This represents a 0.35 % increase in their position. The disclosure for this purchase can be found here. Over the last quarter, insiders acquired 7,152 shares of company stock worth $482,278. Corporate insiders own 0.95% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on GTLS shares. Evercore ISI raised Chart Industries to a "strong-buy" rating in a research report on Monday, August 5th. Wells Fargo & Company reduced their price objective on shares of Chart Industries from $151.00 to $146.00 and set an "overweight" rating for the company in a research note on Thursday, October 3rd. The Goldman Sachs Group cut their price target on shares of Chart Industries from $168.00 to $144.00 and set a "neutral" rating on the stock in a report on Thursday, August 29th. 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 research report on Monday, October 14th. Finally, Stifel Nicolaus lifted their price objective on shares of Chart Industries from $198.00 to $200.00 and gave the stock a "buy" rating in a research note on Monday, November 4th. Three analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, Chart Industries has a consensus rating of "Moderate Buy" and an average target price of $178.82.

About Chart Industries

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.