Johnson Investment Counsel Inc. Has $220,000 Stock Holdings in Chart Industries, Inc. (NYSE:GTLS)

Johnson Investment Counsel Inc. decreased its position in shares of Chart Industries, Inc. (NYSE:GTLS) by 23.3% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,521 shares of the industrial products company’s stock after selling 461 shares during the quarter. Johnson Investment Counsel Inc.’s holdings in Chart Industries were worth $220,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Allspring Global Investments Holdings LLC acquired a new position in Chart Industries during the 1st quarter worth $30,000. Spire Wealth Management lifted its holdings in Chart Industries by 141.0% during the 1st quarter. Spire Wealth Management now owns 200 shares of the industrial products company’s stock worth $33,000 after buying an additional 117 shares in the last quarter. Rise Advisors LLC lifted its holdings in Chart Industries by 905.0% during the 1st quarter. Rise Advisors LLC now owns 201 shares of the industrial products company’s stock worth $33,000 after buying an additional 181 shares in the last quarter. Cape Investment Advisory Inc. acquired a new position in Chart Industries during the 4th quarter worth $33,000. Finally, Byrne Asset Management LLC acquired a new position in Chart Industries during the 2nd quarter worth $40,000.

Analyst Upgrades and Downgrades

GTLS has been the topic of a number of analyst reports. Wells Fargo & Company cut their price target on Chart Industries from $179.00 to $151.00 and set an “overweight” rating on the stock in a research note on Tuesday, August 6th. Evercore ISI raised Chart Industries to a “strong-buy” rating in a research note on Monday, August 5th. Barclays cut their price target on Chart Industries from $193.00 to $147.00 and set an “equal weight” rating on the stock in a research note on Tuesday, August 6th. Craig Hallum cut their price target on Chart Industries from $229.00 to $199.00 and set a “buy” rating on the stock in a research note on Monday, August 5th. Finally, The Goldman Sachs Group cut their price target on Chart Industries from $168.00 to $144.00 and set a “neutral” rating on the stock in a research note on Thursday, August 29th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, eight have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $187.46.

Chart Industries Stock Performance

Shares of Chart Industries stock opened at $114.98 on Monday. The stock’s fifty day simple moving average is $132.10 and its 200 day simple moving average is $143.87. The company has a market capitalization of $4.92 billion, a PE ratio of 114.98, a PEG ratio of 0.35 and a beta of 1.70. The company has a current ratio of 1.27, a quick ratio of 0.98 and a debt-to-equity ratio of 1.28. Chart Industries, Inc. has a 12 month low of $101.60 and a 12 month high of $177.21.

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

Insiders Place Their Bets

In related news, CEO Jillian C. Evanko acquired 440 shares of the firm’s stock in a transaction dated Thursday, September 5th. The stock was bought at an average price of $114.31 per share, for a total transaction of $50,296.40. Following the acquisition, the chief executive officer now directly owns 125,448 shares of the company’s stock, valued at $14,339,960.88. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In related news, CEO Jillian C. Evanko acquired 440 shares of the firm’s stock in a transaction dated Thursday, September 5th. The stock was bought at an average price of $114.31 per share, for a total transaction of $50,296.40. Following the acquisition, the chief executive officer now directly owns 125,448 shares of the company’s stock, valued at $14,339,960.88. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Linda S. Harty acquired 1,000 shares of the firm’s stock in a transaction dated Friday, September 13th. The stock was bought at an average price of $113.50 per share, with a total value of $113,500.00. Following the acquisition, the director now directly owns 10,640 shares in the company, valued at $1,207,640. The disclosure for this purchase can be found here. In the last 90 days, insiders bought 1,940 shares of company stock worth $217,071. Corporate insiders own 0.95% of the company’s stock.

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.