Aristotle Capital Boston LLC Has $46.21 Million Stake in Chart Industries, Inc. (NYSE:GTLS)

Aristotle Capital Boston LLC lowered its position in shares of Chart Industries, Inc. (NYSE:GTLS - Free Report) by 4.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 242,147 shares of the industrial products company's stock after selling 10,123 shares during the quarter. Chart Industries comprises approximately 1.7% of Aristotle Capital Boston LLC's portfolio, making the stock its 13th biggest position. Aristotle Capital Boston LLC owned 0.57% of Chart Industries worth $46,211,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of GTLS. Wolf Hill Capital Management LP bought a new position in shares of Chart Industries during the 4th quarter valued at approximately $101,121,000. Norges Bank purchased a new stake in shares of Chart Industries in the fourth quarter valued at $88,609,000. Dimensional Fund Advisors LP grew its stake in shares of Chart Industries by 37.7% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,064,637 shares of the industrial products company's stock valued at $203,178,000 after buying an additional 291,520 shares during the last quarter. Keybank National Association OH boosted its stake in shares of Chart Industries by 10,372.6% during the fourth quarter. Keybank National Association OH now owns 246,734 shares of the industrial products company's stock valued at $47,087,000 after purchasing an additional 244,378 shares during the period. Finally, Engaged Capital LLC purchased a new position in shares of Chart Industries during the fourth quarter worth approximately $42,900,000.

Analysts Set New Price Targets

Several equities research analysts have weighed in on GTLS shares. Citigroup raised their target price on shares of Chart Industries from $190.00 to $225.00 and gave the company a "buy" rating in a research note on Thursday, February 13th. Stifel Nicolaus dropped their price target on shares of Chart Industries from $231.00 to $214.00 and set a "buy" rating on the stock in a research note on Tuesday, April 22nd. TD Cowen decreased their price objective on shares of Chart Industries from $210.00 to $205.00 and set a "buy" rating on the stock in a report on Friday. Barclays increased their target price 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 lowered their price target on shares of Chart Industries from $214.00 to $208.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 1st. Three research analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, Chart Industries currently has a consensus rating of "Moderate Buy" and a consensus price target of $198.17.

Insiders Place Their Bets

In related news, CEO Jillian C. Evanko acquired 350 shares of the company's stock in a transaction that occurred on Thursday, March 6th. The stock was purchased at an average price of $150.35 per share, for a total transaction of $52,622.50. Following the transaction, the chief executive officer now directly owns 137,666 shares of the company's stock, valued at approximately $20,698,083.10. This trade represents a 0.25 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Linda S. Harty acquired 500 shares of the stock in a transaction that occurred on Monday, March 10th. The stock was purchased at an average price of $140.85 per share, with a total value of $70,425.00. Following the completion of the transaction, the director now owns 11,684 shares of the company's stock, valued at approximately $1,645,691.40. This trade represents a 4.47 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have acquired a total of 1,109 shares of company stock valued at $160,845 in the last three months. Company insiders own 0.99% of the company's stock.

Chart Industries Price Performance

Shares of GTLS traded down $2.41 during midday trading on Tuesday, reaching $151.72. The stock had a trading volume of 813,387 shares, compared to its average volume of 710,755. The firm's 50 day moving average price is $142.39 and its 200-day moving average price is $170.05. The company has a market capitalization of $6.82 billion, a P/E ratio of 43.98, a P/E/G ratio of 0.57 and a beta of 1.69. Chart Industries, Inc. has a 52 week low of $101.60 and a 52 week high of $220.03. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.27 and a quick ratio of 1.00.

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

About Chart Industries

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.