Robeco Institutional Asset Management B.V. Has $1.97 Million Stock Position in Chart Industries, Inc. (NYSE:GTLS)

Robeco Institutional Asset Management B.V. decreased its position in Chart Industries, Inc. (NYSE:GTLS - Free Report) by 24.8% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 13,637 shares of the industrial products company's stock after selling 4,490 shares during the period. Robeco Institutional Asset Management B.V.'s holdings in Chart Industries were worth $1,969,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Sequoia Financial Advisors LLC grew its holdings in shares of Chart Industries by 5.8% in the 1st quarter. Sequoia Financial Advisors LLC now owns 10,454 shares of the industrial products company's stock valued at $1,509,000 after buying an additional 574 shares during the period. Archford Capital Strategies LLC grew its holdings in shares of Chart Industries by 122.9% in the 1st quarter. Archford Capital Strategies LLC now owns 5,058 shares of the industrial products company's stock valued at $730,000 after buying an additional 2,789 shares during the period. Sheets Smith Wealth Management grew its holdings in shares of Chart Industries by 1.4% in the 1st quarter. Sheets Smith Wealth Management now owns 11,776 shares of the industrial products company's stock valued at $1,700,000 after buying an additional 164 shares during the period. Oppenheimer Asset Management Inc. grew its holdings in shares of Chart Industries by 1.5% in the 1st quarter. Oppenheimer Asset Management Inc. now owns 6,781 shares of the industrial products company's stock valued at $979,000 after buying an additional 98 shares during the period. Finally, Crumly & Associates Inc. grew its holdings in shares of Chart Industries by 20.0% in the 1st quarter. Crumly & Associates Inc. now owns 2,102 shares of the industrial products company's stock valued at $303,000 after buying an additional 351 shares during the period.

Chart Industries Stock Up 1.2%

Shares of Chart Industries stock traded up $1.96 during trading hours on Friday, reaching $170.11. 1,055,915 shares of the company's stock were exchanged, compared to its average volume of 784,405. The company has a 50 day moving average of $155.74 and a two-hundred day moving average of $166.77. Chart Industries, Inc. has a fifty-two week low of $101.60 and a fifty-two week high of $220.03. The company has a current ratio of 1.51, a quick ratio of 1.21 and a debt-to-equity ratio of 1.18. The stock has a market cap of $7.77 billion, a P/E ratio of 34.36, a P/E/G ratio of 0.68 and a beta of 1.68.

Chart Industries (NYSE:GTLS - Get Free Report) last posted its quarterly earnings data on Thursday, May 1st. The industrial products company reported $1.86 EPS for the quarter, topping analysts' consensus estimates of $1.84 by $0.02. Chart Industries had a net margin of 5.93% and a return on equity of 13.93%. The company had revenue of $1 billion during the quarter, compared to the consensus estimate of $1.02 billion. During the same period in the prior year, the business posted $1.49 EPS. The company's quarterly revenue was up 38.8% on a year-over-year basis. On average, sell-side analysts forecast that Chart Industries, Inc. will post 9.02 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on GTLS shares. Morgan Stanley decreased 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. The Goldman Sachs Group set a $180.00 target price on Chart Industries and gave the stock a "neutral" rating in a report on Wednesday, May 28th. TD Cowen lowered their target price on Chart Industries from $210.00 to $205.00 and set a "buy" rating for the company in a report on Friday, May 2nd. Stifel Nicolaus lowered their target price on Chart Industries from $231.00 to $214.00 and set a "buy" rating for the company in a report on Tuesday, April 22nd. Finally, Barclays increased their target price on Chart Industries from $160.00 to $171.00 and gave the stock an "equal weight" rating in a report on Monday, May 5th. Two research analysts have rated the stock with a hold rating, eight have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, Chart Industries currently has an average rating of "Buy" and an average price target of $200.00.

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.