Amundi Has $19.67 Million Stake in Chart Industries, Inc. $GTLS

Amundi boosted its holdings in shares of Chart Industries, Inc. (NYSE:GTLS - Free Report) by 65.6% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 136,269 shares of the industrial products company's stock after purchasing an additional 53,959 shares during the period. Amundi owned about 0.30% of Chart Industries worth $19,672,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in GTLS. Opal Wealth Advisors LLC bought a new stake in Chart Industries during the first quarter worth $25,000. Global X Japan Co. Ltd. lifted its stake in Chart Industries by 142.9% during the first quarter. Global X Japan Co. Ltd. now owns 170 shares of the industrial products company's stock worth $25,000 after purchasing an additional 100 shares during the last quarter. Brooklyn Investment Group lifted its stake in Chart Industries by 19,900.0% during the first quarter. Brooklyn Investment Group now owns 200 shares of the industrial products company's stock worth $29,000 after purchasing an additional 199 shares during the last quarter. SVB Wealth LLC bought a new stake in Chart Industries during the first quarter worth $30,000. Finally, Hughes Financial Services LLC bought a new stake in Chart Industries during the first quarter worth $44,000.

Analyst Upgrades and Downgrades

GTLS has been the subject of several recent analyst reports. Hsbc Global Res upgraded Chart Industries to a "hold" rating in a research note on Wednesday, July 30th. BTIG Research downgraded shares of Chart Industries from a "strong-buy" rating to a "hold" rating in a report on Friday, August 1st. Morgan Stanley lowered their price target on shares of Chart Industries from $250.00 to $225.00 and set an "overweight" rating for the company in a report on Friday, May 16th. Seaport Res Ptn downgraded shares of Chart Industries from a "strong-buy" rating to a "hold" rating in a report on Wednesday, July 30th. Finally, TD Cowen downgraded shares of Chart Industries from a "strong-buy" rating to a "hold" rating in a report on Thursday, July 31st. Four investment analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $202.00.

Chart Industries Trading Down 0.3%

NYSE GTLS traded down $0.65 on Friday, reaching $199.24. The company had a trading volume of 949,433 shares, compared to its average volume of 1,548,001. The firm has a market cap of $8.96 billion, a price-to-earnings ratio of 37.03, a P/E/G ratio of 1.16 and a beta of 1.67. Chart Industries, Inc. has a fifty-two week low of $104.60 and a fifty-two week high of $220.03. The business has a 50 day moving average of $189.24 and a two-hundred day moving average of $163.19. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.55 and a quick ratio of 1.27.

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