Aurora Investment Counsel Has $1.16 Million Stock Holdings in Chart Industries, Inc. (NYSE:GTLS)

Aurora Investment Counsel reduced its holdings in Chart Industries, Inc. (NYSE:GTLS) by 11.6% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 8,037 shares of the industrial products company’s stock after selling 1,052 shares during the quarter. Aurora Investment Counsel’s holdings in Chart Industries were worth $1,160,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the business. Allspring Global Investments Holdings LLC bought a new stake in Chart Industries in the first quarter valued at about $30,000. Rise Advisors LLC boosted its holdings in Chart Industries by 905.0% during the first quarter. Rise Advisors LLC now owns 201 shares of the industrial products company’s stock valued at $33,000 after purchasing an additional 181 shares in the last quarter. Byrne Asset Management LLC bought a new stake in shares of Chart Industries in the 2nd quarter valued at approximately $40,000. Ecofi Investissements SA acquired a new position in shares of Chart Industries in the 2nd quarter worth approximately $50,000. Finally, Covestor Ltd lifted its position in shares of Chart Industries by 509.8% during the 1st quarter. Covestor Ltd now owns 372 shares of the industrial products company’s stock worth $61,000 after buying an additional 311 shares during the period.

Insider Buying and Selling at Chart Industries

In other Chart Industries news, CEO Jillian C. Evanko bought 440 shares of the stock in a transaction on Thursday, September 5th. The stock was purchased at an average price of $114.31 per share, with a total value of $50,296.40. Following the acquisition, the chief executive officer now owns 125,448 shares of the company’s stock, valued at $14,339,960.88. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. In related news, CEO Jillian C. Evanko bought 440 shares of Chart Industries 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 acquisition, the chief executive officer now owns 125,448 shares in the company, valued at $14,339,960.88. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Linda S. Harty purchased 5,000 shares of the stock in a transaction dated Monday, September 16th. The stock was bought at an average cost of $48.05 per share, with a total value of $240,250.00. Following the completion of the purchase, the director now owns 5,000 shares in the company, valued at $240,250. The disclosure for this purchase can be found here. In the last three months, insiders have acquired 7,152 shares of company stock worth $482,278. Company insiders own 0.95% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the company. Craig Hallum lowered their price target on Chart Industries from $229.00 to $199.00 and set a “buy” rating on the stock in a research report on Monday, August 5th. The Goldman Sachs Group lowered their target price on shares of Chart Industries from $168.00 to $144.00 and set a “neutral” rating on the stock in a report on Thursday, August 29th. Evercore ISI raised shares of Chart Industries to a “strong-buy” rating in a report on Monday, August 5th. Bank of America upped 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. Finally, Wells Fargo & Company cut their target price 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. One analyst has rated the stock with a sell rating, three have assigned a hold rating, seven have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $180.45.

Chart Industries Stock Performance

GTLS stock opened at $124.14 on Tuesday. The company has a 50 day moving average price of $124.97 and a 200 day moving average price of $142.24. Chart Industries, Inc. has a fifty-two week low of $101.60 and a fifty-two week high of $171.68. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.27 and a quick ratio of 0.98. The stock has a market capitalization of $5.31 billion, a PE ratio of 124.14, a price-to-earnings-growth ratio of 0.39 and a beta of 1.70.

Chart Industries (NYSE:GTLS) last released its earnings results on Friday, August 2nd. The industrial products company reported $2.18 earnings per share 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%. The company’s revenue was up 14.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.19 EPS. Analysts forecast that Chart Industries, Inc. will post 10.72 EPS for the current 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.