
Savant Capital LLC Invests $579,000 in Chart Industries, Inc. $GTLS

Savant Capital LLC invested $579,000 in Chart Industries, acquiring 3,514 shares. Other hedge funds also increased their stakes. Analysts have mixed ratings, with a consensus "Hold" and an average target price of $205.08. Chart Industries reported Q3 earnings of $2.78 per share, missing estimates, with revenue up 3.6% year-over-year. The company designs and manufactures process technologies for gas and liquid molecules.
Savant Capital LLC acquired a new stake in shares of Chart Industries, Inc. (NYSE:GTLS - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 3,514 shares of the industrial products company's stock, valued at approximately $579,000.
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Other hedge funds also recently bought and sold shares of the company. Bessemer Group Inc. raised its stake in shares of Chart Industries by 93.0% during the 2nd quarter. Bessemer Group Inc. now owns 193 shares of the industrial products company's stock worth $32,000 after purchasing an additional 93 shares in the last quarter. Brooklyn Investment Group raised its position in Chart Industries by 19,900.0% during the first quarter. Brooklyn Investment Group now owns 200 shares of the industrial products company's stock valued at $29,000 after acquiring an additional 199 shares in the last quarter. Toth Financial Advisory Corp bought a new position in Chart Industries during the second quarter valued at approximately $33,000. SVB Wealth LLC acquired a new stake in Chart Industries in the first quarter valued at approximately $30,000. Finally, Atticus Wealth Management LLC bought a new stake in Chart Industries in the second quarter worth approximately $34,000.
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Analysts Set New Price Targets
GTLS has been the topic of a number of recent research reports. UBS Group restated a "neutral" rating and set a $210.00 price target (down previously from $225.00) on shares of Chart Industries in a report on Wednesday, July 30th. Craig Hallum downgraded shares of Chart Industries from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, July 29th. Raymond James Financial restated a "market perform" rating on shares of Chart Industries in a report on Wednesday, July 30th. JPMorgan Chase & Co. upped their price target on Chart Industries from $194.00 to $210.00 and gave the stock a "neutral" rating in a research note on Wednesday, October 29th. Finally, Seaport Res Ptn lowered Chart Industries from a "strong-buy" rating to a "hold" rating in a report on Wednesday, July 30th. Three analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, Chart Industries currently has an average rating of "Hold" and an average target price of $205.08.
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Chart Industries Stock Down 0.0%
Chart Industries stock opened at $203.51 on Friday. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.40 and a quick ratio of 1.27. Chart Industries, Inc. has a fifty-two week low of $104.60 and a fifty-two week high of $220.03. The firm has a fifty day moving average price of $200.18 and a two-hundred day moving average price of $181.75. The firm has a market cap of $9.15 billion, a price-to-earnings ratio of 248.18, a P/E/G ratio of 1.15 and a beta of 1.78.
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Chart Industries (NYSE:GTLS - Get Free Report) last issued its quarterly earnings results on Wednesday, October 29th. The industrial products company reported $2.78 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.02 by ($0.24). Chart Industries had a net margin of 1.55% and a return on equity of 14.17%. The business had revenue of $1.10 billion during the quarter, compared to analyst estimates of $1.19 billion. During the same period in the prior year, the business posted $2.18 earnings per share. The company's revenue for the quarter was up 3.6% compared to the same quarter last year. As a group, analysts forecast that Chart Industries, Inc. will post 9.02 earnings per share for the current year.
Chart Industries Company Profile
(Free Report)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.
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