Seaport Res Ptn Downgrades Chart Industries (NYSE:GTLS) to Hold

Key Points

• Chart Industries was downgraded from a "strong-buy" rating to a "hold" rating by Seaport Res Ptn, with analysts estimating future earnings per share of $3.12, $4.09, and $4.76 for Q2, Q3, and Q4 of 2026, respectively.
• Several research firms have adjusted their price targets for Chart Industries, with Stifel Nicolaus lowering their target from $231 to $214 while TD Cowen decreased theirs from $210 to $205, both maintaining a "buy" rating.
• Chart Industries reported an EPS of $2.59 for the last quarter, missing the consensus estimate of $2.62, and the company had revenue of $1.08 billion against analysts' expectations of $1.11 billion.

Chart Industries (NYSE:GTLS - Get Free Report) was downgraded by Seaport Res Ptn from a "strong-buy" rating to a "hold" rating in a note issued to investors on Wednesday,Zacks.com reports. Seaport Res Ptn also issued estimates for Chart Industries' Q3 2025 earnings at $3.40 EPS, Q4 2025 earnings at $4.15 EPS, Q1 2026 earnings at $2.53 EPS, Q2 2026 earnings at $3.12 EPS, Q3 2026 earnings at $4.09 EPS and Q4 2026 earnings at $4.76 EPS.

Several other equities analysts have also issued reports on the company. The Goldman Sachs Group set a $180.00 price target on Chart Industries and gave the stock a "neutral" rating in a research report on Wednesday, May 28th. Stifel Nicolaus reduced their price target on Chart Industries from $231.00 to $214.00 and set a "buy" rating on the stock in a research report on Tuesday, April 22nd. Barclays cut their price objective on Chart Industries from $171.00 to $169.00 and set an "equal weight" rating on the stock in a research report on Thursday, July 10th. Morgan Stanley cut their price objective on Chart Industries from $250.00 to $225.00 and set an "overweight" rating on the stock in a research report on Friday, May 16th. Finally, TD Cowen cut their price objective on Chart Industries from $210.00 to $205.00 and set a "buy" rating on the stock in a research report on Friday, May 2nd. Eleven research analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Chart Industries currently has a consensus rating of "Hold" and an average target price of $202.00.

Chart Industries Price Performance

NYSE GTLS traded down $0.14 during trading hours on Wednesday, reaching $198.62. 7,590,334 shares of the stock traded hands, compared to its average volume of 1,153,542. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.55 and a quick ratio of 1.27. The stock has a 50 day simple moving average of $162.50 and a two-hundred day simple moving average of $163.55. Chart Industries has a 1 year low of $101.60 and a 1 year high of $220.03. The company has a market cap of $8.93 billion, a price-to-earnings ratio of 36.91, a price-to-earnings-growth ratio of 1.15 and a beta of 1.59.

Chart Industries (NYSE:GTLS - Get Free Report) last announced its quarterly earnings data on Tuesday, July 29th. The industrial products company reported $2.59 EPS for the quarter, missing the consensus estimate of $2.62 by ($0.03). The firm had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.11 billion. Chart Industries had a net margin of 6.29% and a return on equity of 13.71%. On average, analysts predict that Chart Industries will post 9.02 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in GTLS. Perpetual Ltd purchased a new position in Chart Industries during the second quarter valued at $107,498,000. Wolf Hill Capital Management LP purchased a new position in Chart Industries during the fourth quarter valued at $101,121,000. Norges Bank purchased a new position in Chart Industries during the fourth quarter valued at $88,609,000. Gates Capital Management Inc. increased its holdings in shares of Chart Industries by 61.5% in the 1st quarter. Gates Capital Management Inc. now owns 776,636 shares of the industrial products company's stock worth $112,115,000 after purchasing an additional 295,738 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in shares of Chart Industries by 37.7% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,064,637 shares of the industrial products company's stock worth $203,178,000 after purchasing an additional 291,520 shares in the last quarter.

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.