Hedeker Wealth LLC Acquires 1,139 Shares of Chart Industries, Inc. $GTLS

Hedeker Wealth LLC grew its holdings in shares of Chart Industries, Inc. (NYSE:GTLS) by 7.6% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 16,114 shares of the industrial products company’s stock after acquiring an additional 1,139 shares during the period. Hedeker Wealth LLC’s holdings in Chart Industries were worth $2,653,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Allworth Financial LP increased its holdings in Chart Industries by 74.5% in the second quarter. Allworth Financial LP now owns 164 shares of the industrial products company’s stock worth $27,000 after purchasing an additional 70 shares in the last quarter. Brooklyn Investment Group grew its stake in shares of Chart Industries by 19,900.0% in the 1st quarter. Brooklyn Investment Group now owns 200 shares of the industrial products company’s stock worth $29,000 after acquiring an additional 199 shares in the last quarter. SVB Wealth LLC bought a new stake in shares of Chart Industries during the 1st quarter worth $30,000. Bessemer Group Inc. raised its stake in Chart Industries by 93.0% in the 2nd quarter. Bessemer Group Inc. now owns 193 shares of the industrial products company’s stock valued at $32,000 after acquiring an additional 93 shares during the period. Finally, Toth Financial Advisory Corp bought a new stake in shares of Chart Industries during the 2nd quarter valued at $33,000.

Analysts Set New Price Targets

Several equities analysts recently commented on the stock. JPMorgan Chase & Co. boosted their price objective on shares of Chart Industries from $194.00 to $210.00 and gave the company a “neutral” rating in a research note on Wednesday, October 29th. Craig Hallum cut shares of Chart Industries from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 29th. BTIG Research lowered Chart Industries from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 1st. Hsbc Global Res upgraded shares of Chart Industries to a “hold” rating in a research report on Wednesday, July 30th. Finally, Cowen lowered Chart Industries from a “buy” rating to a “hold” rating in a research note on Wednesday, July 30th. Three analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Chart Industries currently has a consensus rating of “Hold” and a consensus price target of $205.08.

Chart Industries Trading Down 0.0%

Shares of NYSE GTLS opened at $203.51 on Friday. Chart Industries, Inc. has a 1-year low of $104.60 and a 1-year high of $220.03. The business has a fifty day moving average price of $200.18 and a 200 day moving average price of $181.75. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.40 and a quick ratio of 1.27. The stock has a market capitalization of $9.15 billion, a P/E ratio of 248.18, a price-to-earnings-growth ratio of 1.15 and a beta of 1.78.

Chart Industries (NYSE:GTLS) last posted its earnings results on Wednesday, October 29th. The industrial products company reported $2.78 earnings per share 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 for the quarter, compared to analysts’ expectations of $1.19 billion. During the same quarter last year, the business posted $2.18 earnings per share. The business’s revenue was up 3.6% compared to the same quarter last year. Equities research analysts expect that Chart Industries, Inc. will post 9.02 EPS for the current fiscal 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.