Chart Industries, Inc.
GTLSChart Industries, Inc. (GTLS) is a global leader in the design, manufacturing, and service of highly engineered equipment for the storage, transport, and distribution of cryogenic and hydrocarbon processing products. Founded in 1992 and headquartered in Ball Ground, Georgia, the company serves various industries including energy, space, and health sciences, providing solutions such as cryogenic tanks, heat exchangers, and process systems.
Company News
London-based Decagon Asset Management initiated a new $27.57 million stake in Chart Industries (GTLS), purchasing 137,732 shares in Q3. The investment comes as Chart posted record third-quarter orders of $1.68 billion (up 44% YoY) and a historic backlog of $6.05 billion. The position represents the fund's second-largest holding and reflects confi...
BCK Capital Management opened a $4.13 million position in Chart Industries, making it their third-largest holding. This investment comes amid Baker Hughes' planned $13.6 billion acquisition of Chart Industries, expected to close in mid-2026.
Penn Capital Management Company sold its entire 108,881-share position in Chart Industries, worth approximately $18 million, likely due to the company's upcoming acquisition by Baker Hughes.
Moody Aldrich Partners LLC completely sold its entire 35,228 share position in Chart Industries, valued at approximately $5.8 million, reducing its reportable assets to zero in Q3 2025.
Chart Industries shareholders voted to approve the company's acquisition by Baker Hughes for $210.00 per share, with the transaction expected to be completed by mid-year 2026, pending regulatory approvals.
