Chart Industries (NYSE:GTLS) Downgraded by Seaport Res Ptn 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 research analysts at Seaport Res Ptn from a "strong-buy" rating to a "hold" rating in a research 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.

Other analysts have also recently issued reports about the stock. Morgan Stanley lowered their target price on shares of Chart Industries from $250.00 to $225.00 and set an "overweight" rating for the company in a research note on Friday, May 16th. TD Cowen decreased their price objective on shares of Chart Industries from $210.00 to $205.00 and set a "buy" rating for the company in a research note on Friday, May 2nd. UBS Group restated a "neutral" rating and set a $210.00 price objective (down from $225.00) on shares of Chart Industries in a research note on Wednesday. The Goldman Sachs Group set a $180.00 price objective on shares of Chart Industries and gave the company a "neutral" rating in a research note on Wednesday, May 28th. Finally, Stifel Nicolaus decreased their price objective on shares of Chart Industries from $231.00 to $214.00 and set a "buy" rating for the company in a research note on Tuesday, April 22nd. Eleven equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, Chart Industries currently has a consensus rating of "Hold" and a consensus price target of $202.00.

Chart Industries Stock Down 0.0%

NYSE GTLS traded down $0.08 during trading on Wednesday, reaching $198.75. 12,015,201 shares of the company's stock traded hands, compared to its average volume of 2,491,437. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.55 and a quick ratio of 1.21. The firm has a market cap of $8.93 billion, a price-to-earnings ratio of 36.94, a price-to-earnings-growth ratio of 0.78 and a beta of 1.68. The company's 50 day simple moving average is $162.50 and its two-hundred day simple moving average is $164.25. Chart Industries has a 12-month low of $101.60 and a 12-month high of $220.03.

Chart Industries (NYSE:GTLS - Get Free Report) last issued its quarterly earnings data on Tuesday, July 29th. The industrial products company reported $2.59 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.62 by ($0.03). Chart Industries had a return on equity of 13.71% and a net margin of 6.29%. The firm had revenue of $1.08 billion during the quarter, compared to analysts' expectations of $1.11 billion. As a group, sell-side analysts forecast that Chart Industries will post 9.02 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. Nordea Investment Management AB lifted its position in Chart Industries by 5.7% in the second quarter. Nordea Investment Management AB now owns 1,906,083 shares of the industrial products company's stock valued at $317,248,000 after buying an additional 102,226 shares during the last quarter. Janus Henderson Group PLC lifted its position in Chart Industries by 2.2% in the fourth quarter. Janus Henderson Group PLC now owns 1,608,883 shares of the industrial products company's stock valued at $307,046,000 after buying an additional 35,004 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in Chart Industries by 9.9% in the first quarter. Dimensional Fund Advisors LP now owns 1,169,664 shares of the industrial products company's stock valued at $168,853,000 after buying an additional 105,027 shares during the last quarter. King Luther Capital Management Corp lifted its position in Chart Industries by 1.4% in the first quarter. King Luther Capital Management Corp now owns 979,683 shares of the industrial products company's stock valued at $141,427,000 after buying an additional 13,484 shares during the last quarter. Finally, Gates Capital Management Inc. lifted its position in shares of Chart Industries by 61.5% during the first 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.

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.