Chart Industries, Inc. (NYSE:GTLS) Shares Bought by Axa S.A.

AXA S.A. boosted its position in shares of Chart Industries, Inc. (NYSE:GTLS - Free Report) by 20.7% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 188,527 shares of the industrial products company's stock after buying an additional 32,275 shares during the quarter. AXA S.A. owned approximately 0.44% of Chart Industries worth $35,978,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Mitsubishi UFJ Asset Management UK Ltd. increased its stake in shares of Chart Industries by 26.7% during the fourth quarter. Mitsubishi UFJ Asset Management UK Ltd. now owns 9,500 shares of the industrial products company's stock valued at $1,813,000 after buying an additional 2,000 shares during the period. Connective Portfolio Management LLC purchased a new stake in shares of Chart Industries in the 4th quarter worth about $725,000. Principal Financial Group Inc. increased its stake in shares of Chart Industries by 4.2% in the 3rd quarter. Principal Financial Group Inc. now owns 802,907 shares of the industrial products company's stock worth $99,673,000 after acquiring an additional 32,442 shares in the last quarter. Park Avenue Securities LLC purchased a new position in Chart Industries during the 4th quarter valued at about $410,000. Finally, Sheets Smith Wealth Management lifted its holdings in shares of Chart Industries by 38.4% during the fourth quarter. Sheets Smith Wealth Management now owns 11,612 shares of the industrial products company's stock valued at $2,216,000 after purchasing an additional 3,223 shares during the last quarter.

Chart Industries Stock Up 0.9 %

Shares of Chart Industries stock traded up $1.49 during trading on Friday, hitting $158.91. 219,435 shares of the stock traded hands, compared to its average volume of 708,108. 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, Inc. has a 52-week low of $101.60 and a 52-week high of $220.03. The stock's fifty day simple moving average is $140.86 and its 200 day simple moving average is $170.01. The firm has a market cap of $7.14 billion, a P/E ratio of 46.06, a price-to-earnings-growth ratio of 0.57 and a beta of 1.69.

Chart Industries (NYSE:GTLS - Get Free Report) last issued its quarterly earnings results on Thursday, May 1st. The industrial products company reported $1.86 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.84 by $0.02. Chart Industries had a return on equity of 13.25% and a net margin of 4.30%. The business had revenue of $1 billion for the quarter, compared to the consensus estimate of $1.02 billion. During the same period in the prior year, the firm posted $1.49 earnings per share. The business's quarterly revenue was up 38.8% on a year-over-year basis. On average, equities analysts predict that Chart Industries, Inc. will post 9.02 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on GTLS shares. Morgan Stanley lowered their price target on Chart Industries from $275.00 to $250.00 and set an "overweight" rating on the stock in a report on Thursday, March 27th. Citigroup boosted their price objective on shares of Chart Industries from $190.00 to $225.00 and gave the company a "buy" rating in a research report on Thursday, February 13th. TD Cowen reduced their price target on Chart Industries from $210.00 to $205.00 and set a "buy" rating for the company in a research report on Friday, May 2nd. Barclays raised their price target on Chart Industries from $160.00 to $171.00 and gave the company an "equal weight" rating in a report on Monday. Finally, Wells Fargo & Company decreased their target price on Chart Industries from $214.00 to $208.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 1st. Two analysts have rated the stock with a hold rating, eight have issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, Chart Industries has an average rating of "Buy" and a consensus price target of $201.64.

Insider Activity at Chart Industries

In related news, VP Gerald F. Vinci bought 175 shares of the stock in a transaction that occurred on Wednesday, March 12th. The stock was purchased at an average cost of $147.89 per share, with a total value of $25,880.75. Following the purchase, the vice president now directly owns 475 shares of the company's stock, valued at $70,247.75. This trade represents a 58.33 % increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO Jillian C. Evanko bought 350 shares of the firm's stock in a transaction that occurred on Thursday, March 6th. The shares were acquired at an average price of $150.35 per share, with a total value of $52,622.50. Following the purchase, the chief executive officer now owns 137,666 shares of the company's stock, valued at $20,698,083.10. The trade was a 0.25 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders bought a total of 1,109 shares of company stock worth $160,845 in the last three months. Company insiders own 0.99% of the company's stock.

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.