Chart Industries, Inc. (GTLS)

In July 2025, Chart Industries reported strong second-quarter financial results and announced a proposed acquisition by Baker Hughes, leading to the withdrawal of its 2025 guidance. Shareholders approved the acquisition by Baker Hughes on October 6, 2025. In October 2025, Chart Industries reported its third-quarter 2025 financial results, missing analysts' consensus estimates. In November 2025, it was announced that Jill Evanko, President and CEO, would step down in early 2026.

Demand for Chart Industries' products and services exhibits some seasonality. Historically, the first quarter is typically the lowest for the acquired Howden business, with expectations for a normal sequential increase in the second quarter. The company generally anticipates normal seasonality with a strong second half of the year. In Q2 2025, there was strong demand in the Specialty Products and Repair, Service & Leasing segments.

Chart Industries, Inc. is a global manufacturer of highly engineered equipment for the industrial gas, energy, and biomedical industries, operating within the Producer Manufacturing sector. Its products are utilized across the liquid gas supply chain, encompassing production, storage, distribution, and end-use of atmospheric, hydrocarbon, and industrial gases. The company's major products and services are categorized into Cryo Tank Solutions, Heat Transfer Systems, Specialty Products, and Repair, Service & Leasing.

Chart Industries maintains a significant global presence with domestic operations in the United States and an international footprint spanning Asia, Australia, Europe, and Latin America. It has 65 global manufacturing locations and over 50 service centers across these regions.

Chart Industries' brand reputation has been bolstered by its commitment to ESG initiatives, positioning it as a responsible and ethical leader in the energy and industrial gas sectors. The company's role in providing solutions for clean energy contributes positively to its image.

Chart Industries, Inc. has a diverse ownership structure, with a significant portion held by institutional investors. Approximately 50.20% to 74.61% of the company's stock is owned by institutional investors, while insiders hold about 0.59%, and public companies and individual investors own around 24.42% to 24.79%. Major institutional owners include BlackRock, Inc., Vanguard Group Inc, HBK Investments L P, State Street Corp, FIL Ltd, Invesco Ltd., and Dimensional Fund Advisors Lp.