Chart Industries, Inc. (NYSE:GTLS) Shares Acquired by First Financial Bankshares Inc

First Financial Bankshares Inc increased its holdings in Chart Industries, Inc. (NYSE:GTLS - Free Report) by 86.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 33,181 shares of the industrial products company's stock after purchasing an additional 15,400 shares during the quarter. First Financial Bankshares Inc owned 0.08% of Chart Industries worth $6,332,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Wellington Management Group LLP raised its holdings in shares of Chart Industries by 90.9% during the third quarter. Wellington Management Group LLP now owns 551,482 shares of the industrial products company's stock valued at $68,461,000 after acquiring an additional 262,592 shares during the last quarter. Keybank National Association OH raised its holdings in shares of Chart Industries by 10,372.6% during the fourth quarter. Keybank National Association OH now owns 246,734 shares of the industrial products company's stock valued at $47,087,000 after acquiring an additional 244,378 shares during the last quarter. Van Berkom & Associates Inc. acquired a new position in shares of Chart Industries during the fourth quarter valued at approximately $35,543,000. Braun Stacey Associates Inc. acquired a new position in shares of Chart Industries during the fourth quarter valued at approximately $16,631,000. Finally, WCM Investment Management LLC acquired a new position in shares of Chart Industries during the fourth quarter valued at approximately $16,239,000.

Analyst Ratings Changes

A number of brokerages have commented on GTLS. Wells Fargo & Company reduced their target price on Chart Industries from $215.00 to $214.00 and set an "overweight" rating for the company in a report on Monday, March 3rd. Barclays increased their target price on Chart Industries from $145.00 to $165.00 and gave the company an "equal weight" rating in a report on Tuesday, March 4th. The Goldman Sachs Group upped their price target on Chart Industries from $138.00 to $201.00 and gave the company a "neutral" rating in a research report on Friday, December 20th. Raymond James restated a "strong-buy" rating and issued a $190.00 price target on shares of Chart Industries in a research report on Monday, December 2nd. Finally, TD Cowen upped their price target on Chart Industries from $205.00 to $210.00 and gave the company a "buy" rating in a research report on Monday, March 3rd. Three 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. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $196.08.

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Chart Industries Trading Down 0.0 %

Chart Industries stock traded down $0.00 during mid-day trading on Friday, hitting $155.34. The company's stock had a trading volume of 1,060,387 shares, compared to its average volume of 661,154. The firm has a market capitalization of $7.10 billion, a PE ratio of 45.03, a price-to-earnings-growth ratio of 0.57 and a beta of 1.87. Chart Industries, Inc. has a 1 year low of $101.60 and a 1 year high of $220.03. 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's fifty day moving average is $186.85 and its two-hundred day moving average is $167.12.

Chart Industries (NYSE:GTLS - Get Free Report) last issued its quarterly earnings data on Friday, February 28th. The industrial products company reported $2.66 earnings per share for the quarter, missing the consensus estimate of $3.20 by ($0.54). The business had revenue of $1.11 billion during the quarter, compared to analysts' expectations of $1.17 billion. Chart Industries had a return on equity of 13.25% and a net margin of 4.30%. The company's revenue was up 9.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.25 earnings per share. On average, analysts anticipate that Chart Industries, Inc. will post 9.02 EPS for the current year.

Insider Transactions at Chart Industries

In other news, VP Gerald F. Vinci purchased 175 shares of the stock in a transaction dated Wednesday, March 12th. The stock was acquired at an average cost of $147.89 per share, for a total transaction of $25,880.75. Following the completion of the transaction, the vice president now directly owns 475 shares in the company, valued at approximately $70,247.75. This represents a 58.33 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Jillian C. Evanko purchased 350 shares of the stock in a transaction dated Thursday, March 6th. The shares were purchased at an average price of $150.35 per share, with a total value of $52,622.50. Following the completion of the transaction, the chief executive officer now owns 137,666 shares of the company's stock, valued at approximately $20,698,083.10. This trade represents a 0.25 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders bought a total of 1,109 shares of company stock worth $160,845 over the last ninety days. Company insiders own 0.95% of the company's stock.

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.