Northern Trust Corp Has $122.05 Million Stock Holdings in Chart Industries, Inc. (NYSE:GTLS)

Northern Trust Corp lifted its holdings in Chart Industries, Inc. (NYSE:GTLS - Free Report) by 23.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 639,548 shares of the industrial products company's stock after buying an additional 121,259 shares during the period. Northern Trust Corp owned about 1.49% of Chart Industries worth $122,051,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Capital Analysts LLC bought a new position in Chart Industries during the fourth quarter valued at approximately $25,000. Smartleaf Asset Management LLC raised 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 valued at $31,000 after purchasing an additional 92 shares in the last quarter. Fairway Wealth LLC bought a new position in shares of Chart Industries during the 4th quarter valued at $34,000. Blue Trust Inc. boosted its holdings in Chart Industries by 56.0% in the fourth quarter. Blue Trust Inc. now owns 181 shares of the industrial products company's stock worth $35,000 after purchasing an additional 65 shares in the last quarter. Finally, Spire Wealth Management increased its position in Chart Industries by 183.8% during the fourth quarter. Spire Wealth Management now owns 193 shares of the industrial products company's stock worth $37,000 after buying an additional 125 shares during the last quarter.

Chart Industries Stock Performance

Chart Industries stock traded up $1.14 on Friday, hitting $158.56. The company's stock had a trading volume of 198,013 shares, compared to its average volume of 708,024. The company has a fifty day moving average price of $140.86 and a 200-day moving average price of $170.01. The firm has a market cap of $7.13 billion, a P/E ratio of 45.96, a price-to-earnings-growth ratio of 0.57 and a beta of 1.69. Chart Industries, Inc. has a one year low of $101.60 and a one year high of $220.03. The company has a quick ratio of 1.00, a current ratio of 1.27 and a debt-to-equity ratio of 1.16.

Chart Industries (NYSE:GTLS - Get Free Report) last issued its earnings results on Thursday, May 1st. The industrial products company reported $1.86 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.84 by $0.02. The business had revenue of $1 billion during the quarter, compared to analysts' expectations of $1.02 billion. Chart Industries had a return on equity of 13.25% and a net margin of 4.30%. Chart Industries's quarterly revenue was up 38.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.49 EPS. On average, equities analysts anticipate that Chart Industries, Inc. will post 9.02 earnings per share for the current year.

Analysts Set New Price Targets

GTLS has been the subject of several recent analyst reports. Morgan Stanley decreased their price target on Chart Industries from $275.00 to $250.00 and set an "overweight" rating for the company in a research note on Thursday, March 27th. Stifel Nicolaus lowered their price target on Chart Industries from $231.00 to $214.00 and set a "buy" rating on the stock in a report on Tuesday, April 22nd. Barclays upped their price objective on shares of Chart Industries from $160.00 to $171.00 and gave the stock an "equal weight" rating in a report on Monday. TD Cowen dropped their target price on shares of Chart Industries from $210.00 to $205.00 and set a "buy" rating on the stock in a report on Friday, May 2nd. Finally, Wells Fargo & Company decreased their price target 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. Two equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Buy" and an average price target of $201.64.

Insider Transactions at Chart Industries

In other Chart Industries news, CEO Jillian C. Evanko purchased 350 shares of the company's stock in a transaction that occurred on Thursday, March 6th. The stock was purchased at an average cost of $150.35 per share, with a total value of $52,622.50. Following the acquisition, the chief executive officer now directly owns 137,666 shares of the company's stock, valued at approximately $20,698,083.10. This trade represents a 0.25 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this link. Also, VP Gerald F. Vinci acquired 175 shares of Chart Industries stock in a transaction on Wednesday, March 12th. The stock was acquired at an average cost of $147.89 per share, for a total transaction of $25,880.75. Following the purchase, the vice president now owns 475 shares of the company's stock, valued at approximately $70,247.75. This represents a 58.33 % increase in their position. The disclosure for this purchase can be found here. In the last quarter, insiders have bought 1,109 shares of company stock valued at $160,845. 0.99% of the stock is owned by insiders.

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.