Chart IndustriesGTLS
About: Chart Industries provides a variety of cryogenic equipment for storage, distribution, and other processes within the industrial gas and liquefied natural gas (LNG) industries. It also provides natural gas processing solutions for the natural gas industry and specialty products that serve a variety of spaces, including hydrogen, biofuels, cannabis, and water treatment. The firm acquired Howden in a significant deal in early 2023, roughly doubling the size of the company.
Employees: 11,637
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
32% more first-time investments, than exits
New positions opened: 70 | Existing positions closed: 53
15% more repeat investments, than reductions
Existing positions increased: 173 | Existing positions reduced: 151
4% more funds holding
Funds holding: 442 [Q1] → 459 (+17) [Q2]
1.87% less ownership
Funds ownership: 116.93% [Q1] → 115.06% (-1.87%) [Q2]
11% less funds holding in top 10
Funds holding in top 10: 9 [Q1] → 8 (-1) [Q2]
13% less capital invested
Capital invested by funds: $8.14B [Q1] → $7.11B (-$1.03B) [Q2]
48% less call options, than puts
Call options by funds: $36.9M | Put options by funds: $70.4M
Research analyst outlook
11 Wall Street Analysts provided 1 year price targets over the past 3 months
11 analyst ratings
Barclays David Anderson 33% 1-year accuracy 10 / 30 met price target | 15%upside $146 | Equal-Weight Maintained | 16 Oct 2024 |
B of A Securities Chase Mulvehill 20% 1-year accuracy 4 / 20 met price target | 30%upside $165 | Buy Maintained | 14 Oct 2024 |
Stifel Benjamin Nolan 50% 1-year accuracy 18 / 36 met price target | 56%upside $198 | Buy Maintained | 9 Oct 2024 |
Wells Fargo Roger Read 37% 1-year accuracy 26 / 71 met price target | 15%upside $146 | Overweight Maintained | 3 Oct 2024 |
Morgan Stanley Daniel Kutz 100% 1-year accuracy 1 / 1 met price target | 38%upside $175 | Overweight Upgraded | 16 Sept 2024 |
Financial journalist opinion
Based on 5 articles about GTLS published over the past 30 days