Chart Industries (GTLS)

• Market cap: $8.47B
• 1 day: 0.01%
• 5 days: 4.31%
• 1 month: 14.84%
• 3 months: 72.09%
• 6 months: 37.44%
• Year to date: 46.33%
• 1 year: 56.93%
• 5 years: 234.81%
• 10 years: 526.57%
• Sector: Consumer Discretionary
• Industry: Fabricated Plate Work (Boiler Shops)

About: Chart Industries provides a variety of cryogenic equipment for storage, distribution, and other processes within the industrial gas and liquefied natural gas 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 Q3 regulatory filings by fund managers ($100M+ AUM)

54% more repeat investments, than reductions

Existing positions increased: 205 | Existing positions reduced: 133

17% more first-time investments, than exits

New positions opened: 81 | Existing positions closed: 69

11% more call options, than puts

Call options by funds: $42.2M | Put options by funds: $38.1M

3% more funds holding

Funds holding: 459 [Q2] → 471 (+12) [Q3]

2.38% more ownership

Funds ownership: 116.64% [Q2] → 119.03% (+2.38%) [Q3]

12% less capital invested

Capital invested by funds: $7.2B [Q2] → $6.33B (-$872M) [Q3]

25% less funds holding in top 10

Funds holding in top 10: 8 [Q2] → 6 (-2) [Q3]

Research analyst outlook

9 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $145 27% downside
• Avg. target: $175 12% downside
• High target: $207 5% upside

9 analyst ratings

• positive: 7 78%
• neutral: 2 22%
• negative: 0 0%

Raymond James Pavel Molchanov 73% 1-year accuracy 11 / 15 met price target	4% downside $190	Strong Buy Reiterated	2 Dec 2024
Craig-Hallum Eric Stine 40% 1-year accuracy 12 / 30 met price target	5% upside $207	Buy Maintained	4 Nov 2024
Stifel Benjamin Nolan 38% 1-year accuracy 14 / 37 met price target	1% upside $200	Buy Maintained	4 Nov 2024
Barclays David Anderson 41% 1-year accuracy 17 / 41 met price target	27% downside $145	Equal-Weight Maintained	4 Nov 2024
Barclays David Anderson 41% 1-year accuracy 17 / 41 met price target	26% downside $146	Equal-Weight Maintained	16 Oct 2024