Chart Industries, Inc. (NYSE:GTLS) Shares Bought by Fisher Asset Management LLC

Fisher Asset Management LLC increased its holdings in Chart Industries, Inc. (NYSE:GTLS - Free Report) by 2.3% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 592,486 shares of the industrial products company's stock after purchasing an additional 13,181 shares during the period. Fisher Asset Management LLC owned 1.38% of Chart Industries worth $73,551,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the company. Cerity Partners LLC raised its holdings in shares of Chart Industries by 49.6% during the 3rd quarter. Cerity Partners LLC now owns 56,702 shares of the industrial products company's stock worth $7,039,000 after acquiring an additional 18,795 shares in the last quarter. Investors Research Corp purchased a new stake in shares of Chart Industries during the 3rd quarter worth approximately $403,000. Charles Schwab Investment Management Inc. raised its holdings in shares of Chart Industries by 2.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 501,888 shares of the industrial products company's stock worth $62,304,000 after acquiring an additional 11,706 shares in the last quarter. Landscape Capital Management L.L.C. purchased a new stake in shares of Chart Industries during the 3rd quarter worth approximately $335,000. Finally, Primecap Management Co. CA raised its holdings in shares of Chart Industries by 56.7% during the 3rd quarter. Primecap Management Co. CA now owns 155,600 shares of the industrial products company's stock worth $19,316,000 after acquiring an additional 56,300 shares in the last quarter.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. Morgan Stanley raised 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. The Goldman Sachs Group cut their price objective on Chart Industries from $168.00 to $144.00 and set a "neutral" rating on the stock in a research report on Thursday, August 29th. Evercore ISI raised Chart Industries to a "strong-buy" rating in a research report on Monday, August 5th. Stifel Nicolaus upped their target price on Chart Industries from $198.00 to $200.00 and gave the stock a "buy" rating in a report on Monday, November 4th. Finally, Wells Fargo & Company decreased their price objective on Chart Industries from $151.00 to $146.00 and set an "overweight" rating for the company in a research note on Thursday, October 3rd. Three equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat, Chart Industries has a consensus rating of "Moderate Buy" and an average target price of $178.82.

Insider Buying and Selling

In other Chart Industries news, Director Paul E. Mahoney acquired 500 shares of the company's stock in a transaction on Wednesday, September 11th. The shares were bought at an average cost of $106.55 per share, with a total value of $53,275.00. Following the completion of the acquisition, the director now owns 2,107 shares in the company, valued at approximately $224,500.85. This trade represents a 31.11 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Linda S. Harty acquired 5,000 shares of the company's stock in a transaction on Monday, September 16th. The stock was acquired at an average cost of $48.05 per share, for a total transaction of $240,250.00. Following the completion of the acquisition, the director now owns 5,000 shares of the company's stock, valued at $240,250. This trade represents a ∞ increase in their position. The disclosure for this purchase can be found here. Insiders have purchased a total of 7,152 shares of company stock valued at $482,278 over the last ninety days. Company insiders own 0.95% of the company's stock.

Chart Industries Stock Performance

Shares of GTLS stock traded up $0.87 during mid-day trading on Tuesday, reaching $190.60. The stock had a trading volume of 933,533 shares, compared to its average volume of 658,463. The business's fifty day moving average is $138.11 and its 200-day moving average is $138.78. 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 firm has a market cap of $8.16 billion, a price-to-earnings ratio of 55.25, a PEG ratio of 0.94 and a beta of 1.71. Chart Industries, Inc. has a 1-year low of $101.60 and a 1-year high of $192.99.

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