Keybank National Association OH Has $48.35 Million Stock Holdings in Chart Industries, Inc. (NYSE:GTLS)

Keybank National Association OH grew its position in Chart Industries, Inc. (NYSE:GTLS - Free Report) by 35.7% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 334,919 shares of the industrial products company's stock after acquiring an additional 88,185 shares during the period. Keybank National Association OH owned about 0.75% of Chart Industries worth $48,349,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Capital Analysts LLC bought a new stake in shares of Chart Industries during the 4th quarter worth about $25,000. Opal Wealth Advisors LLC bought a new stake in shares of Chart Industries during the 1st quarter worth about $25,000. Global X Japan Co. Ltd. boosted its holdings in shares of Chart Industries by 142.9% during the 1st quarter. Global X Japan Co. Ltd. now owns 170 shares of the industrial products company's stock worth $25,000 after buying an additional 100 shares during the period. Smartleaf Asset Management LLC boosted its holdings in shares of Chart Industries by 129.6% during the 4th quarter. Smartleaf Asset Management LLC now owns 163 shares of the industrial products company's stock worth $31,000 after buying an additional 92 shares during the period. Finally, Fairway Wealth LLC bought a new stake in shares of Chart Industries during the 4th quarter worth about $34,000.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on GTLS shares. Morgan Stanley cut their price objective 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. Wells Fargo & Company cut their price objective on shares of Chart Industries from $214.00 to $208.00 and set an "overweight" rating for the company in a report on Tuesday, April 1st. TD Cowen cut their price objective on shares of Chart Industries from $210.00 to $205.00 and set a "buy" rating for the company in a report on Friday, May 2nd. The Goldman Sachs Group set a $180.00 price objective on shares of Chart Industries and gave the company a "neutral" rating in a report on Wednesday, May 28th. Finally, Stifel Nicolaus cut their price objective on shares of Chart Industries from $231.00 to $214.00 and set a "buy" rating for the company in a report on Tuesday, April 22nd. Two research analysts have rated the stock with a hold rating, eight have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, Chart Industries currently has an average rating of "Buy" and a consensus price target of $200.00.

Chart Industries Price Performance

Shares of NYSE:GTLS traded up $1.96 during midday trading on Friday, hitting $170.11. The stock had a trading volume of 1,055,915 shares, compared to its average volume of 784,405. The company's 50-day moving average price is $155.74 and its 200-day moving average price is $166.77. The company has a market capitalization of $7.77 billion, a P/E ratio of 34.36, a price-to-earnings-growth ratio of 0.68 and a beta of 1.68. The company has a quick ratio of 1.21, a current ratio of 1.51 and a debt-to-equity ratio of 1.18. Chart Industries, Inc. has a fifty-two week low of $101.60 and a fifty-two week high of $220.03.

Chart Industries (NYSE:GTLS - Get Free Report) last issued its earnings results on Thursday, May 1st. The industrial products company reported $1.86 EPS for the quarter, beating the consensus estimate of $1.84 by $0.02. The company had revenue of $1 billion during the quarter, compared to analysts' expectations of $1.02 billion. Chart Industries had a net margin of 5.93% and a return on equity of 13.93%. The business's revenue for the quarter was up 38.8% compared to the same quarter last year. During the same period in the previous year, the company earned $1.49 EPS. As a group, equities research analysts predict that Chart Industries, Inc. will post 9.02 EPS for the current fiscal year.

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.