Leeward Investments LLC MA Sells 25,205 Shares of Gates Industrial Corporation PLC $GTES

Leeward Investments LLC MA trimmed its position in Gates Industrial Corporation PLC (NYSE:GTES) by 2.2% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,123,007 shares of the company’s stock after selling 25,205 shares during the quarter. Gates Industrial makes up 1.4% of Leeward Investments LLC MA’s holdings, making the stock its 8th largest position. Leeward Investments LLC MA owned about 0.43% of Gates Industrial worth $27,873,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of GTES. True Wealth Design LLC lifted its position in shares of Gates Industrial by 133.2% in the third quarter. True Wealth Design LLC now owns 1,166 shares of the company’s stock valued at $29,000 after buying an additional 666 shares during the last quarter. Allworth Financial LP raised its stake in Gates Industrial by 43.0% in the 2nd quarter. Allworth Financial LP now owns 2,096 shares of the company’s stock valued at $48,000 after acquiring an additional 630 shares during the period. SJS Investment Consulting Inc. lifted its holdings in Gates Industrial by 5,123.7% during the 3rd quarter. SJS Investment Consulting Inc. now owns 1,985 shares of the company’s stock valued at $49,000 after purchasing an additional 1,947 shares during the last quarter. Quent Capital LLC bought a new position in Gates Industrial during the third quarter worth $51,000. Finally, Avanza Fonder AB increased its holdings in shares of Gates Industrial by 85.3% in the third quarter. Avanza Fonder AB now owns 2,441 shares of the company’s stock valued at $61,000 after purchasing an additional 1,124 shares during the last quarter. Institutional investors own 98.50% of the company’s stock.

Gates Industrial Price Performance

Shares of NYSE GTES opened at $28.04 on Friday. The business has a fifty day moving average price of $23.09 and a two-hundred day moving average price of $23.84. The stock has a market capitalization of $7.24 billion, a PE ratio of 28.90 and a beta of 1.27. The company has a debt-to-equity ratio of 0.61, a current ratio of 3.37 and a quick ratio of 2.50. Gates Industrial Corporation PLC has a fifty-two week low of $14.70 and a fifty-two week high of $28.47.

Gates Industrial (NYSE:GTES) last released its earnings results on Thursday, February 12th. The company reported $0.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.37 by $0.01. The company had revenue of $856.20 million for the quarter, compared to analyst estimates of $853.35 million. Gates Industrial had a return on equity of 10.36% and a net margin of 7.30%.Gates Industrial’s quarterly revenue was up 3.2% on a year-over-year basis. During the same period in the prior year, the firm posted $0.36 EPS. Gates Industrial has set its FY 2026 guidance at 1.520-1.680 EPS. As a group, equities analysts predict that Gates Industrial Corporation PLC will post 1.36 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on GTES shares. Citigroup upped their price target on shares of Gates Industrial from $27.00 to $33.00 and gave the company a “buy” rating in a research note on Friday. Robert W. Baird set a $39.00 price target on Gates Industrial in a research note on Friday. Weiss Ratings reiterated a “hold (c+)” rating on shares of Gates Industrial in a research report on Monday, December 29th. Royal Bank Of Canada reissued an “outperform” rating and issued a $31.00 target price on shares of Gates Industrial in a research report on Friday. Finally, Barclays upped their price target on shares of Gates Industrial from $26.00 to $32.00 and gave the company an “overweight” rating in a research note on Friday. Six investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, Gates Industrial has an average rating of “Moderate Buy” and an average target price of $29.67.

Key Stories Impacting Gates Industrial

Here are the key news stories impacting Gates Industrial this week:

• Positive Sentiment: Q4 adjusted EPS beat estimates — Gates reported adjusted EPS of $0.38 vs. the $0.37 consensus, confirming modest improvement in profitability year-over-year. Read More.
• Positive Sentiment: Capital returns and cash generation — Management repurchased approximately $105 million of shares and generated $478.1 million of operating cash flow for 2025, supporting shareholder returns and balance-sheet flexibility. Read More.
• Neutral Sentiment: FY‑2026 guidance essentially in line with consensus — Gates provided an EPS range of $1.520–$1.680 (consensus ~$1.56) and revenue guidance of $3.5B–$3.6B, leaving room for execution risk but not signaling a material reset. Read More.
• Neutral Sentiment: Revenue roughly in line with estimates but soft growth — Q4 sales were $856.2M (in line with estimates) and up just 3.2% YoY, reflecting limited core sales expansion. Read More.
• Negative Sentiment: Underlying demand and GAAP profitability show restraints — core sales growth was modest (0.6% in the quarter, 1.0% for FY), and GAAP net income per diluted share for the quarter was $0.20 versus adjusted $0.38, highlighting one‑time items and ongoing margin sensitivity. Read More.
• Neutral Sentiment: Management provided supporting materials — earnings slide deck and conference-call materials are available for deeper detail on segment trends and the drivers behind guidance. Read More.

Gates Industrial Profile

Gates Industrial Corporation PLC (NYSE: GTES) is a leading global manufacturer of engineered power transmission belts and fluid power products. The company’s portfolio includes synchronous belts, V-belts, hose assemblies, fittings and hydraulic components designed to support a wide range of industrial and automotive applications. Gates Industrial serves sectors such as agriculture, mining, construction, manufacturing, transportation and consumer markets, offering solutions that improve performance, reliability and efficiency in demanding operating environments.

In its power transmission segment, Gates Industrial produces high-strength belts engineered for precise motion control and minimal maintenance.