AGP Franklin LLC Has $937,000 Stock Holdings in Chart Industries, Inc. (NYSE:GTLS)

Key Points

• AGP Franklin LLC has decreased its holdings in Chart Industries, Inc. by 25.3%, selling 2,202 shares and now owning 6,492 shares valued at approximately $937,000.
• Multiple institutional investors have also modified their stakes in Chart Industries, including Capital Analysts LLC, which purchased a new stake valued at $25,000.
• Chart Industries' stock has seen varying analyst price target adjustments, with Barclays reducing it from $171.00 to $169.00, while other firms maintain buy ratings, suggesting a diverse outlook on the stock's performance.

AGP Franklin LLC decreased its position in shares of Chart Industries, Inc. (NYSE:GTLS - Free Report) by 25.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,492 shares of the industrial products company's stock after selling 2,202 shares during the period. AGP Franklin LLC's holdings in Chart Industries were worth $937,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. raised its position in shares of Chart Industries by 1.4% during the fourth quarter. Vanguard Group Inc. now owns 4,297,398 shares of the industrial products company's stock valued at $820,115,000 after buying an additional 59,889 shares during the last quarter. Janus Henderson Group PLC raised its position in shares of Chart Industries by 2.2% during 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 raised its position 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. Northern Trust Corp raised its position in shares of Chart Industries by 23.4% during the fourth quarter. Northern Trust Corp now owns 639,548 shares of the industrial products company's stock valued at $122,051,000 after buying an additional 121,259 shares during the last quarter. Finally, Wolf Hill Capital Management LP acquired a new position in shares of Chart Industries during the fourth quarter valued at about $101,121,000.

Chart Industries Price Performance

Shares of GTLS stock traded down $0.06 during trading hours on Thursday, hitting $199.11. 10,137,451 shares of the company's stock were exchanged, compared to its average volume of 1,022,650. The stock's 50-day moving average is $160.88 and its 200-day moving average is $164.30. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.51 and a quick ratio of 1.21. The stock has a market cap of $9.10 billion, a price-to-earnings ratio of 37.01, a price-to-earnings-growth ratio of 0.78 and a beta of 1.68. Chart Industries, Inc. has a 52 week low of $101.60 and a 52 week high of $220.03.

Chart Industries (NYSE:GTLS - Get Free Report) last announced its earnings results 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 business had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.11 billion. Chart Industries had a return on equity of 14.17% and a net margin of 6.29%. As a group, research analysts forecast that Chart Industries, Inc. will post 9.02 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. Raymond James Financial reaffirmed a "market perform" rating on shares of Chart Industries in a research report on Wednesday. Barclays dropped their price target on shares of Chart Industries from $171.00 to $169.00 and set an "equal weight" rating for the company in a research report on Thursday, July 10th. Morgan Stanley dropped their price target on shares of Chart Industries from $250.00 to $225.00 and set an "overweight" rating for the company in a research report on Friday, May 16th. Lake Street Capital lowered shares of Chart Industries to a "hold" rating and set a $210.00 price target for the company. in a research report on Wednesday. Finally, Cowen lowered shares of Chart Industries from a "buy" rating to a "hold" rating in a research report on Wednesday. Eight analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, Chart Industries currently has a consensus rating of "Moderate Buy" and an average target price of $202.00.

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.