New York State Teachers Retirement System Purchases 619 Shares of Chart Industries, Inc. $GTLS

New York State Teachers Retirement System grew its stake in shares of Chart Industries, Inc. (NYSE:GTLS) by 1.6% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 39,933 shares of the industrial products company’s stock after acquiring an additional 619 shares during the period. New York State Teachers Retirement System owned about 0.09% of Chart Industries worth $6,575,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of GTLS. Brooklyn Investment Group increased its stake in shares of Chart Industries by 19,900.0% during the 1st quarter. Brooklyn Investment Group now owns 200 shares of the industrial products company’s stock worth $29,000 after purchasing an additional 199 shares during the last quarter. SVB Wealth LLC purchased a new stake in shares of Chart Industries during the 1st quarter worth approximately $30,000. Toth Financial Advisory Corp purchased a new stake in shares of Chart Industries during the 2nd quarter worth approximately $33,000. Atticus Wealth Management LLC purchased a new stake in shares of Chart Industries during the 2nd quarter worth approximately $34,000. Finally, Hughes Financial Services LLC purchased a new stake in shares of Chart Industries during the 1st quarter worth approximately $44,000.

Chart Industries Stock Down 0.1%

Shares of NYSE:GTLS opened at $199.91 on Monday. The firm has a fifty day moving average price of $199.37 and a two-hundred day moving average price of $171.28. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.55 and a quick ratio of 1.27. Chart Industries, Inc. has a one year low of $104.60 and a one year high of $220.03. The company has a market cap of $8.98 billion, a price-to-earnings ratio of 37.16, a PEG ratio of 1.16 and a beta of 1.71.

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

Analyst Upgrades and Downgrades

GTLS has been the subject of several research analyst reports. Johnson Rice lowered shares of Chart Industries from a “strong-buy” rating to a “hold” rating and set a $210.00 price target for the company. in a research note on Wednesday, July 30th. Seaport Res Ptn lowered shares of Chart Industries from a “strong-buy” rating to a “hold” rating 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. Hsbc Global Res upgraded shares of Chart Industries to a “hold” rating in a research note on Wednesday, July 30th. Finally, Barclays reduced their price objective on shares of Chart Industries from $171.00 to $169.00 and set an “equal weight” rating for the company in a research note on Thursday, July 10th. Three investment analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company’s stock. According to MarketBeat, Chart Industries presently has an average rating of “Hold” and a consensus target price of $204.85.

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.