Sun Sep 15 10:56:54 UTC 2024: ## Chart Industries (GTLS) Sees Increased Investor Interest and Mixed Analyst Opinions

**New York, NY** – Chart Industries, Inc. (NYSE:GTLS) has been attracting the attention of institutional investors in recent months. According to HoldingsChannel.com, Choreo LLC acquired a new position in the industrial products company during the second quarter, investing approximately $538,000 in 3,837 shares.

Several other hedge funds also adjusted their holdings of GTLS in the fourth quarter. SCP Investment LP, Principal Securities Inc., and Mitsubishi UFJ Asset Management Co. Ltd. all initiated new positions, while Janney Montgomery Scott LLC and Kingsview Wealth Management LLC increased their existing stakes.

The stock has also been under scrutiny by analysts. Bank of America raised its target price on GTLS to $185.00 and maintained a “buy” rating, while Evercore ISI upgraded the stock to a “strong-buy”. Conversely, Wells Fargo & Company lowered its target price to $151.00 and assigned an “overweight” rating, while Craig Hallum cut its price target to $199.00 but maintained a “buy” rating.

Overall, analysts remain cautiously optimistic about the company. MarketBeat.com currently rates GTLS as a “Moderate Buy” with a consensus price target of $187.46.

Chart Industries reported earnings for the second quarter on August 2nd, missing analysts’ expectations for earnings per share (EPS) but exceeding revenue estimates. The company’s revenue grew 14.5% year-over-year.

The company’s CEO, Jillian C. Evanko, has also demonstrated confidence in the company by acquiring 440 shares of GTLS stock on September 5th. Additionally, Director Linda S. Harty purchased 1,000 shares on September 13th.

Chart Industries, Inc. is a global leader in the design and manufacture of process technologies and equipment for the gas and liquid molecules industries. The company operates in four segments: Cryo Tank Solutions, Heat Transfer Systems, Specialty Products, and Repair, Service & Leasing.

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