Chart Industries, Inc. $GTLS Shares Bought by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. increased its position in shares of Chart Industries, Inc. (NYSE:GTLS) by 3.2% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 14,071 shares of the industrial products company’s stock after buying an additional 434 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Chart Industries were worth $2,317,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. Dimensional Fund Advisors LP increased its stake in shares of Chart Industries by 9.9% during the first quarter. Dimensional Fund Advisors LP now owns 1,169,664 shares of the industrial products company’s stock worth $168,853,000 after buying an additional 105,027 shares during the period. King Luther Capital Management Corp increased its stake in shares of Chart Industries by 1.4% during the first quarter. King Luther Capital Management Corp now owns 979,683 shares of the industrial products company’s stock worth $141,427,000 after buying an additional 13,484 shares during the period. Gates Capital Management Inc. increased its stake in shares of Chart Industries by 61.5% during the first quarter. Gates Capital Management Inc. now owns 776,636 shares of the industrial products company’s stock worth $112,115,000 after buying an additional 295,738 shares during the period. Perpetual Ltd purchased a new stake in shares of Chart Industries during the second quarter worth approximately $107,498,000. Finally, Charles Schwab Investment Management Inc. increased its stake in shares of Chart Industries by 3.5% during the first quarter. Charles Schwab Investment Management Inc. now owns 536,423 shares of the industrial products company’s stock worth $77,438,000 after buying an additional 18,338 shares during the period.

Chart Industries Price Performance

GTLS stock opened at $200.15 on Wednesday. The company has a market capitalization of $9.00 billion, a P/E ratio of 37.20, a PEG ratio of 1.16 and a beta of 1.71. Chart Industries, Inc. has a twelve month low of $104.60 and a twelve month high of $220.03. The business has a 50 day simple moving average of $199.18 and a 200-day simple moving average of $168.34. The company has a current ratio of 1.55, a quick ratio of 1.27 and a debt-to-equity ratio of 1.04.

Chart Industries (NYSE:GTLS) last posted its quarterly earnings data on Tuesday, July 29th. The industrial products company reported $2.59 earnings per share for the quarter, missing the consensus estimate of $2.62 by ($0.03). The firm had revenue of $1.08 billion during the quarter, compared to analyst estimates of $1.11 billion. Chart Industries had a net margin of 6.29% and a return on equity of 13.71%. As a group, equities analysts anticipate that Chart Industries, Inc. will post 9.02 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on GTLS shares. Barclays cut their target price on shares of Chart Industries from $171.00 to $169.00 and set an “equal weight” rating on the stock in a research note on Thursday, July 10th. Lake Street Capital lowered shares of Chart Industries from a “strong-buy” rating to a “hold” rating and set a $210.00 price target on the stock. in a research note on Wednesday, July 30th. Raymond James Financial reiterated a “market perform” rating on shares of Chart Industries in a research note on Wednesday, July 30th. TD Cowen lowered shares of Chart Industries from a “strong-buy” rating to a “hold” rating in a research note on Thursday, July 31st. Finally, Hsbc Global Res upgraded shares of Chart Industries to a “hold” rating in a research note on Wednesday, July 30th. Four research analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $202.00.

About Chart Industries

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.