Chart Industries, Inc. $GTLS Shares Sold by Edmond DE Rothschild Holding S.A.

Key Points

• Edmond DE Rothschild Holding S.A. reduced its stake in Chart Industries, Inc. by 15.0%, selling 14,236 shares and now holds 80,433 shares valued at approximately $11.6 million.
• Despite a revenue of $1.08 billion, Chart Industries missed the consensus earnings estimate, reporting $2.59 EPS, slightly below expectations.
• Analysts have mixed views on Chart Industries, with five giving it a Buy rating and twelve a Hold rating, and a consensus price target of $202.00.

Edmond DE Rothschild Holding S.A. cut its holdings in Chart Industries, Inc. (NYSE:GTLS - Free Report) by 15.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 80,433 shares of the industrial products company's stock after selling 14,236 shares during the quarter. Edmond DE Rothschild Holding S.A. owned approximately 0.18% of Chart Industries worth $11,611,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in the stock. Global X Japan Co. Ltd. increased its stake in shares of Chart Industries by 142.9% in the 1st quarter. Global X Japan Co. Ltd. now owns 170 shares of the industrial products company's stock worth $25,000 after acquiring an additional 100 shares in the last quarter. Opal Wealth Advisors LLC bought a new position in shares of Chart Industries in the 1st quarter worth about $25,000. Brooklyn Investment Group increased its stake in shares of Chart Industries by 19,900.0% in the 1st quarter. Brooklyn Investment Group now owns 200 shares of the industrial products company's stock worth $29,000 after acquiring an additional 199 shares in the last quarter. SVB Wealth LLC bought a new position in shares of Chart Industries in the 1st quarter worth about $30,000. Finally, Hughes Financial Services LLC bought a new position in shares of Chart Industries in the 1st quarter worth about $44,000.

Chart Industries Price Performance

Chart Industries stock traded down $0.33 during trading on Tuesday, reaching $199.36. The company had a trading volume of 491,317 shares, compared to its average volume of 1,363,397. Chart Industries, Inc. has a 1-year low of $101.60 and a 1-year high of $220.03. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.27 and a current ratio of 1.55. The firm's 50-day simple moving average is $186.70 and its 200 day simple moving average is $162.58. The firm has a market capitalization of $8.96 billion, a PE ratio of 37.05, a price-to-earnings-growth ratio of 1.15 and a beta of 1.67.

Chart Industries (NYSE:GTLS - Get Free Report) last announced its quarterly earnings results on Tuesday, July 29th. The industrial products company reported $2.59 earnings per share 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 analyst estimates of $1.11 billion. Chart Industries had a net margin of 6.29% and a return on equity of 13.71%. As a group, equities research analysts anticipate that Chart Industries, Inc. will post 9.02 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on GTLS shares. Citigroup lowered shares of Chart Industries from a "buy" rating to a "hold" rating in a research note on Friday. Raymond James Financial reissued a "market perform" rating on shares of Chart Industries in a research report on Wednesday, July 30th. Hsbc Global Res raised shares of Chart Industries to a "hold" rating in a research report on Wednesday, July 30th. Cowen lowered shares of Chart Industries from a "buy" rating to a "hold" rating in a report on Wednesday, July 30th. Finally, Lake Street Capital lowered shares of Chart Industries from a "strong-buy" rating to a "hold" rating and set a $210.00 price objective for the company. in a report on Wednesday, July 30th. Four research analysts have rated the stock with a Buy rating and thirteen have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $202.00.

Chart Industries 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.