Chart Industries reports annual meeting results

Chart Industries , Inc. (NYSE:GTLS), a $7.6 billion market cap manufacturer of highly engineered equipment servicing multiple applications in the Energy and Industrial Gas markets, announced the results of its 2025 annual meeting of stockholders today. The company, which has achieved impressive revenue growth of nearly 12% over the last twelve months, maintains a strong financial health rating according to InvestingPro analysis. The meeting, which took place on May 20, 2025, addressed several key items including the election of directors, ratification of the company’s independent auditor, and approval of executive compensation.

Stockholders elected all eight director nominees for a one-year term. The board members re-elected include Jillian C. Evanko, Andrew C. Cichocki, Paula M. Harris, Linda A. Harty, Paul E. Mahoney, David M. Sagehorn, Spencer S. Stiles, and Roger A. Strauch. The election saw a majority of votes cast in favor, with a small percentage withheld and some broker non-votes.

Additionally, the appointment of Deloitte & Touche LLP as Chart Industries’ independent registered public accounting firm for the fiscal year ending December 31, 2025, was ratified with an overwhelming majority of for votes, a minimal number of against votes, and a small portion abstaining.

The company’s executive compensation plan also received advisory approval from the stockholders, with a significant number of votes for, some against, and a few abstentions, alongside broker non-votes.

The meeting demonstrated stockholder support for the company’s governance and executive leadership. The detailed vote results for each matter, including the number of votes for, against, withheld, and non-votes, were consistent with the recommendations made to stockholders in the definitive proxy statement for the annual meeting. Notably, Chart Industries has achieved a perfect Piotroski Score of 9, indicating exceptional financial strength. InvestingPro subscribers have access to 12 additional key insights about GTLS, along with comprehensive research reports that provide deep-dive analysis of the company’s performance and prospects.

This news is based on a press release statement and reflects the official results as disclosed by Chart Industries, Inc. in its recent SEC filing. According to InvestingPro analysis, the company appears undervalued at its current trading price, with analysts maintaining positive expectations for future earnings growth. The company’s strong financial metrics and market position are thoroughly analyzed in InvestingPro’s exclusive Research Report, available to subscribers along with detailed valuation models and peer comparisons.

In other recent news, Chart Industries reported its Q1 2025 earnings, which slightly missed analysts’ expectations. The company posted an earnings per share (EPS) of $1.86, falling short of the anticipated $1.92, and revenue reached $1 billion, missing the forecasted $1.02 billion. Despite these misses, Chart Industries maintained a positive outlook with a projected full-year sales range of $4.65 billion to $4.85 billion and an adjusted EBITDA forecast between $1.175 billion and $1.225 billion. Meanwhile, Barclays (LON:BARC) raised the price target for Chart Industries to $171, maintaining an Equalweight rating, citing the company’s steady performance and strategic direction. TD Cowen adjusted its price target to $205 while keeping a Buy rating, acknowledging the company’s robust orders and positive outlook. Citi also increased its price target to $200, maintaining a Buy rating, noting the company’s strong first-quarter performance and operational efficiency. Stifel reiterated a Buy rating with a steady price target of $214, highlighting Chart Industries’ ability to meet its targets amidst market volatility. These developments reflect a cautiously optimistic sentiment among analysts regarding Chart Industries’ future performance.

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