Seaport Res Ptn Has Bullish Forecast for GTLS Q3 Earnings

Chart Industries, Inc. (NYSE:GTLS - Free Report) - Seaport Res Ptn upped their Q3 2025 earnings estimates for shares of Chart Industries in a research note issued on Monday, November 4th. Seaport Res Ptn analyst W. Liptak now anticipates that the industrial products company will earn $3.64 per share for the quarter, up from their prior forecast of $3.52. The consensus estimate for Chart Industries' current full-year earnings is $9.94 per share.

Chart Industries (NYSE:GTLS - Get Free Report) last posted its earnings results on Friday, November 1st. The industrial products company reported $2.18 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.56 by ($0.38). The business had revenue of $1.06 billion for 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 firm's revenue for the quarter was up 18.3% compared to the same quarter last year. During the same period last year, the company posted $1.28 EPS.

Several other analysts also recently issued reports on GTLS. Bank of America lowered 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. The Goldman Sachs Group reduced their target price on Chart Industries from $168.00 to $144.00 and set a "neutral" rating for the company in a research note on Thursday, August 29th. Stifel Nicolaus increased their target price on Chart Industries from $198.00 to $200.00 and gave the company a "buy" rating in a research note on Monday. Barclays reduced their target price on Chart Industries from $146.00 to $145.00 and set an "equal weight" rating for the company in a research note on Monday. Finally, Evercore ISI upgraded Chart Industries to a "strong-buy" rating in a research note on Monday, August 5th. Three 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 stock. Based on data from MarketBeat, Chart Industries presently has a consensus rating of "Moderate Buy" and an average price target of $178.82.

Chart Industries Stock Up 5.3 %

NYSE:GTLS traded up $7.53 during trading hours on Tuesday, hitting $148.96. The stock had a trading volume of 1,156,608 shares, compared to its average volume of 635,229. The company has a current ratio of 1.27, a quick ratio of 1.00 and a debt-to-equity ratio of 1.16. Chart Industries has a 1-year low of $101.60 and a 1-year high of $171.68. The business has a 50 day simple moving average of $121.91 and a two-hundred day simple moving average of $136.85. The company has a market cap of $6.38 billion, a PE ratio of 41.93, a price-to-earnings-growth ratio of 0.61 and a beta of 1.71.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Dimensional Fund Advisors LP boosted its stake in Chart Industries by 504.7% in the 2nd quarter. Dimensional Fund Advisors LP now owns 463,466 shares of the industrial products company's stock worth $66,896,000 after purchasing an additional 386,821 shares during the period. Point72 Asset Management L.P. boosted its stake in 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 worth $60,067,000 after purchasing an additional 317,775 shares during the period. DAVENPORT & Co LLC acquired a new position in Chart Industries in the 1st quarter worth approximately $42,507,000. Boston Partners acquired a new position in Chart Industries in the 1st quarter worth approximately $30,755,000. Finally, Driehaus Capital Management LLC boosted its stake in Chart Industries by 385.3% in the 2nd quarter. Driehaus Capital Management LLC now owns 197,197 shares of the industrial products company's stock worth $28,463,000 after purchasing an additional 156,562 shares during the period.

Insider Buying and Selling

In other news, CEO Jillian C. Evanko purchased 440 shares of the stock in a transaction dated Thursday, September 5th. The stock was acquired at an average price of $114.31 per share, for a total transaction of $50,296.40. Following the completion of the transaction, the chief executive officer now owns 125,448 shares of the company's stock, valued at approximately $14,339,960.88. The trade was a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other news, Director Paul E. Mahoney purchased 500 shares of the company's stock in a transaction on Wednesday, September 11th. The shares were bought at an average price of $106.55 per share, for a total transaction of $53,275.00. Following the completion of the purchase, the director now owns 2,107 shares of the company's stock, valued at $224,500.85. This trade represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Jillian C. Evanko purchased 440 shares of the company's stock in a transaction on Thursday, September 5th. The stock was purchased at an average price of $114.31 per share, for a total transaction of $50,296.40. Following the purchase, the chief executive officer now directly owns 125,448 shares of the company's stock, valued at $14,339,960.88. This trade represents a 0.00 % increase in their position. The disclosure for this purchase can be found here. Insiders have bought 7,152 shares of company stock worth $482,278 over the last ninety days. 0.95% of the stock is owned by insiders.

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.