Hudson Valley Investment Advisors Inc. ADV Purchases 15,339 Shares of Chart Industries, Inc. (NYSE:GTLS)

Hudson Valley Investment Advisors Inc. ADV boosted its stake in shares of Chart Industries, Inc. (NYSE:GTLS) by 32.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 62,872 shares of the industrial products company’s stock after buying an additional 15,339 shares during the quarter. Hudson Valley Investment Advisors Inc. ADV owned approximately 0.15% of Chart Industries worth $7,805,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Dimensional Fund Advisors LP grew its holdings in shares of Chart Industries by 504.7% in the second quarter. Dimensional Fund Advisors LP now owns 463,466 shares of the industrial products company’s stock valued at $66,896,000 after acquiring an additional 386,821 shares in the last quarter. Point72 Asset Management L.P. increased its holdings in shares of Chart Industries by 323.0% in the second quarter. Point72 Asset Management L.P. now owns 416,150 shares of the industrial products company’s stock worth $60,067,000 after buying an additional 317,775 shares during the period. DAVENPORT & Co LLC purchased a new position in Chart Industries during the 1st quarter valued at about $42,507,000. Boston Partners bought a new stake in Chart Industries during the 1st quarter valued at approximately $30,755,000. Finally, Driehaus Capital Management LLC boosted its position in Chart Industries by 385.3% during the 2nd quarter. Driehaus Capital Management LLC now owns 197,197 shares of the industrial products company’s stock valued at $28,463,000 after acquiring an additional 156,562 shares in the last quarter.

Insider Activity at Chart Industries

In other news, CEO Jillian C. Evanko bought 440 shares of the stock in a transaction on Thursday, September 5th. The stock was bought at an average cost of $114.31 per share, for a total transaction of $50,296.40. Following the completion of the purchase, the chief executive officer now directly owns 125,448 shares in the company, valued at approximately $14,339,960.88. The trade was a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other news, CEO Jillian C. Evanko bought 440 shares of the stock in a transaction on Thursday, September 5th. The stock was bought at an average cost of $114.31 per share, for a total transaction of $50,296.40. Following the completion of the purchase, the chief executive officer now directly owns 125,448 shares in the company, valued at approximately $14,339,960.88. The trade was a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Paul E. Mahoney bought 500 shares of the stock in a transaction on Wednesday, September 11th. The stock was purchased at an average price of $106.55 per share, with a total value of $53,275.00. Following the completion of the purchase, the director now owns 2,107 shares of the company’s stock, valued at $224,500.85. This represents a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have acquired a total of 7,152 shares of company stock valued at $482,278 over the last ninety days. 0.95% of the stock is owned by company insiders.

Chart Industries Stock Performance

Shares of NYSE:GTLS opened at $122.95 on Thursday. The firm has a market cap of $5.26 billion, a PE ratio of 122.95, a price-to-earnings-growth ratio of 0.57 and a beta of 1.70. The firm’s 50 day simple moving average is $121.42 and its 200-day simple moving average is $137.31. Chart Industries, Inc. has a one year low of $101.60 and a one year high of $171.68. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.98 and a current ratio of 1.27.

Chart Industries (NYSE:GTLS) last issued its quarterly earnings data 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 business had revenue of $1.04 billion for the quarter, compared to analysts’ expectations of $1.11 billion. Chart Industries had a net margin of 2.80% and a return on equity of 12.27%. The business’s quarterly revenue was up 14.5% compared to the same quarter last year. During the same period in the previous year, the business earned $1.19 earnings per share. As a group, equities analysts predict that Chart Industries, Inc. will post 9.94 EPS for the current year.

Analyst Ratings Changes

Several equities analysts recently issued reports on GTLS shares. Morgan Stanley raised Chart Industries from an “equal weight” rating to an “overweight” rating and set a $175.00 price objective on the stock in a research report on Monday, September 16th. Stifel Nicolaus dropped their target price on shares of Chart Industries from $199.00 to $198.00 and set a “buy” rating for the company in a report on Wednesday, October 9th. Evercore ISI raised shares of Chart Industries to a “strong-buy” rating in a report on Monday, August 5th. Bank of America lowered their price target on shares of Chart Industries from $185.00 to $165.00 and set a “buy” rating for the company in a report on Monday, October 14th. Finally, The Goldman Sachs Group lowered their price target on shares of Chart Industries from $168.00 to $144.00 and set a “neutral” rating for the company in a report on Thursday, August 29th. Three equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $178.00.

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.