Swiss National Bank Has $14.59 Million Stock Holdings in Chart Industries, Inc. (NYSE:GTLS)

Swiss National Bank decreased its position in shares of Chart Industries, Inc. (NYSE:GTLS) by 0.7% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 91,300 shares of the industrial products company’s stock after selling 600 shares during the period. Swiss National Bank’s holdings in Chart Industries were worth $14,589,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Mackenzie Financial Corp boosted its position in shares of Chart Industries by 3.5% during the 1st quarter. Mackenzie Financial Corp now owns 2,078 shares of the industrial products company’s stock worth $357,000 after acquiring an additional 70 shares in the last quarter. First Republic Investment Management Inc. boosted its position in shares of Chart Industries by 4.5% during the 1st quarter. First Republic Investment Management Inc. now owns 1,739 shares of the industrial products company’s stock worth $299,000 after acquiring an additional 75 shares in the last quarter. Keybank National Association OH boosted its position in shares of Chart Industries by 2.4% during the 2nd quarter. Keybank National Association OH now owns 3,486 shares of the industrial products company’s stock worth $557,000 after acquiring an additional 82 shares in the last quarter. Ameritas Investment Partners Inc. boosted its position in shares of Chart Industries by 0.6% during the 1st quarter. Ameritas Investment Partners Inc. now owns 14,200 shares of the industrial products company’s stock worth $1,781,000 after acquiring an additional 87 shares in the last quarter. Finally, Harbor Investment Advisory LLC lifted its stake in Chart Industries by 59.0% in the 2nd quarter. Harbor Investment Advisory LLC now owns 248 shares of the industrial products company’s stock valued at $40,000 after purchasing an additional 92 shares during the last quarter.

Chart Industries Price Performance

GTLS stock opened at $127.33 on Tuesday. The company has a fifty day moving average price of $147.39 and a 200-day moving average price of $149.47. The company has a market capitalization of $5.44 billion, a P/E ratio of -84.32, a PEG ratio of 0.44 and a beta of 1.60. Chart Industries, Inc. has a 52-week low of $101.44 and a 52-week high of $184.65. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.91 and a current ratio of 1.25.

Chart Industries (NYSE:GTLS) last posted its quarterly earnings data on Friday, October 27th. The industrial products company reported $1.28 earnings per share for the quarter, missing the consensus estimate of $1.61 by ($0.33). Chart Industries had a positive return on equity of 7.94% and a negative net margin of 1.83%. The firm had revenue of $897.60 million for the quarter, compared to analyst estimates of $1.03 billion. During the same quarter last year, the company earned $1.32 earnings per share. The company’s quarterly revenue was up 117.8% compared to the same quarter last year. As a group, equities analysts expect that Chart Industries, Inc. will post 6 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on GTLS shares. Piper Sandler raised their target price on shares of Chart Industries from $131.00 to $140.00 and gave the company a “neutral” rating in a research report on Monday, July 31st. The Goldman Sachs Group cut their target price on shares of Chart Industries from $167.00 to $149.00 and set a “neutral” rating on the stock in a research report on Tuesday, November 14th. Craig Hallum raised their target price on shares of Chart Industries from $208.00 to $234.00 and gave the company a “buy” rating in a research report on Monday, July 31st. HSBC started coverage on shares of Chart Industries in a research report on Monday, September 25th. They issued a “buy” rating and a $212.00 target price on the stock. Finally, Raymond James raised their target price on shares of Chart Industries from $175.00 to $190.00 and gave the company an “outperform” rating in a research report on Monday, July 31st. One analyst has rated the stock with a sell rating, three have given a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, Chart Industries currently has a consensus rating of “Moderate Buy” and a consensus price target of $195.00.

Chart Industries Company Profile

Chart Industries, Inc manufactures and sells engineered cryogenic equipment for the industrial gas and clean energy markets in the United States and internationally. The company operates in four segments: Cryo Tank Solutions, Heat Transfer Systems, Specialty Products, and Repair, Service & Leasing.