Fisher Asset Management LLC Has $73.55 Million Stock Holdings in Chart Industries, Inc. (NYSE:GTLS)

Fisher Asset Management LLC raised its holdings in Chart Industries, Inc. (NYSE:GTLS) by 2.3% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 592,486 shares of the industrial products company’s stock after acquiring an additional 13,181 shares during the quarter. Fisher Asset Management LLC owned approximately 1.38% of Chart Industries worth $73,551,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of GTLS. King Luther Capital Management Corp increased its holdings in Chart Industries by 2.9% in the third quarter. King Luther Capital Management Corp now owns 1,031,897 shares of the industrial products company’s stock valued at $128,100,000 after purchasing an additional 29,139 shares during the period. Principal Financial Group Inc. increased its stake in shares of Chart Industries by 4.2% in the third quarter. Principal Financial Group Inc. now owns 802,907 shares of the industrial products company’s stock valued at $99,673,000 after buying an additional 32,442 shares during the period. Charles Schwab Investment Management Inc. increased its stake in shares of Chart Industries by 2.4% in the third quarter. Charles Schwab Investment Management Inc. now owns 501,888 shares of the industrial products company’s stock valued at $62,304,000 after buying an additional 11,706 shares during the period. Perpetual Ltd raised its position in shares of Chart Industries by 7.3% during the third quarter. Perpetual Ltd now owns 500,256 shares of the industrial products company’s stock worth $62,102,000 after acquiring an additional 34,153 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its stake in shares of Chart Industries by 504.7% in the second quarter. Dimensional Fund Advisors LP now owns 463,466 shares of the industrial products company’s stock worth $66,896,000 after acquiring an additional 386,821 shares during the period.

Chart Industries Trading Up 3.2 %

NYSE GTLS opened at $189.73 on Tuesday. The company has a quick ratio of 1.00, a current ratio of 1.27 and a debt-to-equity ratio of 1.16. Chart Industries, Inc. has a 52 week low of $101.60 and a 52 week high of $192.99. The business has a 50 day moving average price of $138.11 and a 200-day moving average price of $138.78. The company has a market cap of $8.12 billion, a price-to-earnings ratio of 54.99, a P/E/G ratio of 0.94 and a beta of 1.71.

Chart Industries (NYSE:GTLS) last announced its quarterly earnings results on Friday, November 1st. The industrial products company reported $2.18 EPS for the quarter, missing analysts’ consensus estimates of $2.56 by ($0.38). Chart Industries had a net margin of 4.30% and a return on equity of 13.25%. The business had revenue of $1.06 billion for the quarter, compared to the consensus estimate of $1.10 billion. During the same quarter last year, the firm posted $1.28 EPS. The business’s revenue for the quarter was up 18.3% compared to the same quarter last year. As a group, equities analysts expect that Chart Industries, Inc. will post 9.03 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

GTLS has been the subject of several analyst reports. The Goldman Sachs Group lowered their price target on shares of Chart Industries from $168.00 to $144.00 and set a “neutral” rating for the company in a report on Thursday, August 29th. Wells Fargo & Company dropped their target price on shares of Chart Industries from $151.00 to $146.00 and set an “overweight” rating on the stock in a report on Thursday, October 3rd. Craig Hallum increased their price target on Chart Industries from $199.00 to $207.00 and gave the stock a “buy” rating in a report on Monday, November 4th. Stifel Nicolaus lifted their price objective on Chart Industries from $198.00 to $200.00 and gave the stock a “buy” rating in a research report on Monday, November 4th. Finally, Evercore ISI upgraded Chart Industries to a “strong-buy” rating in a research report on Monday, August 5th. Three investment analysts have rated the stock with a hold rating, seven have given a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, Chart Industries presently has a consensus rating of “Moderate Buy” and a consensus target price of $178.82.

Insider Buying and Selling

In related news, Director Linda S. Harty acquired 5,000 shares of the firm’s stock in a transaction on Monday, September 16th. The stock was purchased at an average cost of $48.05 per share, with a total value of $240,250.00. Following the acquisition, the director now owns 5,000 shares of the company’s stock, valued at approximately $240,250. This trade represents a ∞ increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Paul E. Mahoney acquired 500 shares of the stock in a transaction dated Wednesday, September 11th. The stock was bought at an average cost of $106.55 per share, with a total value of $53,275.00. Following the completion of the purchase, the director now owns 2,107 shares of the company’s stock, valued at approximately $224,500.85. The trade was a 31.11 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have acquired 7,152 shares of company stock worth $482,278 in the last quarter. Insiders own 0.95% of the company’s stock.

Chart Industries 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.