National Bank of Canada FI Purchases 636 Shares of Chart Industries, Inc. (NYSE:GTLS)

National Bank of Canada FI lifted its position in Chart Industries, Inc. (NYSE:GTLS) by 67.7% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,576 shares of the industrial products company’s stock after buying an additional 636 shares during the period. National Bank of Canada FI’s holdings in Chart Industries were worth $220,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. Capital World Investors boosted its stake in Chart Industries by 0.4% in the 4th quarter. Capital World Investors now owns 4,986,531 shares of the industrial products company’s stock worth $679,814,000 after purchasing an additional 17,450 shares during the period. Vanguard Group Inc. boosted its stake in Chart Industries by 1.1% in the 1st quarter. Vanguard Group Inc. now owns 4,208,612 shares of the industrial products company’s stock worth $693,243,000 after purchasing an additional 45,137 shares during the period. Bamco Inc. NY boosted its stake in Chart Industries by 2.2% in the 1st quarter. Bamco Inc. NY now owns 1,170,013 shares of the industrial products company’s stock worth $192,725,000 after purchasing an additional 25,000 shares during the period. King Luther Capital Management Corp boosted its stake in Chart Industries by 8.6% in the 4th quarter. King Luther Capital Management Corp now owns 930,238 shares of the industrial products company’s stock worth $126,819,000 after purchasing an additional 73,586 shares during the period. Finally, Principal Financial Group Inc. boosted its stake in shares of Chart Industries by 10.7% during the 2nd quarter. Principal Financial Group Inc. now owns 770,465 shares of the industrial products company’s stock worth $111,209,000 after buying an additional 74,519 shares during the last quarter.

Insider Buying and Selling

In other news, Director Paul E. Mahoney purchased 500 shares of Chart Industries stock in a transaction that occurred on Wednesday, September 11th. The shares were acquired at an average price of $106.55 per share, for a total transaction of $53,275.00. Following the transaction, the director now owns 2,107 shares of the company’s stock, valued at approximately $224,500.85. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In related news, CEO Jillian C. Evanko bought 440 shares of the business’s stock in a transaction on Thursday, September 5th. The shares were purchased at an average price of $114.31 per share, for a total transaction of $50,296.40. Following the completion of the transaction, the chief executive officer now directly owns 125,448 shares of the company’s stock, valued at approximately $14,339,960.88. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Paul E. Mahoney bought 500 shares of the business’s stock in a transaction on Wednesday, September 11th. The stock was bought at an average price of $106.55 per share, for a total transaction of $53,275.00. Following the transaction, the director now directly owns 2,107 shares of the company’s stock, valued at $224,500.85. The disclosure for this purchase can be found here. In the last 90 days, insiders have bought 1,940 shares of company stock worth $217,071. Corporate insiders own 0.95% of the company’s stock.

Chart Industries Stock Performance

NYSE GTLS opened at $114.98 on Friday. The company has a current ratio of 1.27, a quick ratio of 0.98 and a debt-to-equity ratio of 1.28. The firm has a market capitalization of $4.92 billion, a price-to-earnings ratio of 114.98, a P/E/G ratio of 0.35 and a beta of 1.70. The firm’s 50 day simple moving average is $132.10 and its 200 day simple moving average is $143.81. Chart Industries, Inc. has a 1 year low of $101.60 and a 1 year high of $177.21.

Chart Industries (NYSE:GTLS) last posted its quarterly earnings results on Friday, August 2nd. The industrial products company reported $2.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.57 by ($0.39). The firm had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1.11 billion. Chart Industries had a return on equity of 12.27% and a net margin of 2.80%. The business’s revenue was up 14.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.19 EPS. As a group, research analysts expect that Chart Industries, Inc. will post 10.57 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have recently commented on GTLS shares. Stifel Nicolaus restated a “buy” rating and set a $199.00 price objective on shares of Chart Industries in a research note on Monday, August 26th. Wells Fargo & Company reduced their price objective on shares of Chart Industries from $179.00 to $151.00 and set an “overweight” rating for the company in a research note on Tuesday, August 6th. The Goldman Sachs Group reduced their price objective on shares of Chart Industries from $168.00 to $144.00 and set a “neutral” rating for the company in a research note on Thursday, August 29th. Craig Hallum reduced their price objective on shares of Chart Industries from $229.00 to $199.00 and set a “buy” rating for the company in a research note on Monday, August 5th. Finally, Bank of America increased their price objective on shares of Chart Industries from $180.00 to $185.00 and gave the stock a “buy” rating in a research note on Monday, July 15th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, eight have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, Chart Industries presently has a consensus rating of “Moderate Buy” and a consensus price target of $187.46.

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.