LSV Asset Management Cuts Stock Position in Gates Industrial Corporation PLC $GTES

LSV Asset Management trimmed its position in shares of Gates Industrial Corporation PLC (NYSE:GTES) by 1.9% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,555,526 shares of the company’s stock after selling 70,600 shares during the period. LSV Asset Management owned about 1.38% of Gates Industrial worth $88,248,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Caprock Group LLC purchased a new position in shares of Gates Industrial during the third quarter worth approximately $1,695,000. Rhumbline Advisers boosted its position in Gates Industrial by 7.6% during the third quarter. Rhumbline Advisers now owns 553,028 shares of the company’s stock valued at $13,726,000 after buying an additional 39,189 shares during the period. MQS Management LLC bought a new position in shares of Gates Industrial during the third quarter valued at about $337,000. AdvisorShares Investments LLC purchased a new position in shares of Gates Industrial in the third quarter worth about $117,000. Finally, Savant Capital LLC lifted its stake in shares of Gates Industrial by 1.7% in the 3rd quarter. Savant Capital LLC now owns 131,153 shares of the company’s stock valued at $3,255,000 after acquiring an additional 2,189 shares during the last quarter. Hedge funds and other institutional investors own 98.50% of the company’s stock.

Gates Industrial Trading Up 4.0%

NYSE:GTES opened at $27.58 on Friday. The company has a 50-day moving average price of $22.97 and a 200-day moving average price of $23.83. The stock has a market cap of $7.12 billion, a price-to-earnings ratio of 30.30 and a beta of 1.27. The company has a current ratio of 3.52, a quick ratio of 2.50 and a debt-to-equity ratio of 0.61. Gates Industrial Corporation PLC has a 12 month low of $14.70 and a 12 month high of $28.13.

Gates Industrial (NYSE:GTES) last released its quarterly earnings results on Thursday, February 12th. The company reported $0.38 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.37 by $0.01. Gates Industrial had a net margin of 6.93% and a return on equity of 10.38%. The company had revenue of $856.20 million during the quarter, compared to the consensus estimate of $853.35 million. During the same period in the prior year, the firm earned $0.36 earnings per share. Gates Industrial’s revenue was up 3.2% on a year-over-year basis. Gates Industrial has set its FY 2026 guidance at 1.520-1.680 EPS. Equities analysts predict that Gates Industrial Corporation PLC will post 1.36 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. UBS Group reduced their price target on Gates Industrial from $29.00 to $28.00 and set a “buy” rating on the stock in a research report on Monday, January 5th. Wells Fargo & Company initiated coverage on shares of Gates Industrial in a research note on Thursday, November 13th. They issued an “equal weight” rating and a $23.00 target price on the stock. JPMorgan Chase & Co. dropped their price target on shares of Gates Industrial from $33.00 to $32.00 and set an “overweight” rating for the company in a research report on Tuesday, December 16th. Royal Bank Of Canada decreased their price objective on shares of Gates Industrial from $29.00 to $26.00 and set an “outperform” rating on the stock in a research report on Thursday, October 30th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Gates Industrial in a report on Monday, December 29th. Six analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $27.09.

Key Headlines Impacting Gates Industrial

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

• Positive Sentiment: Q4 beat on the headline numbers — adjusted EPS $0.38 vs. consensus $0.37 and revenue $856.2M vs. ~$853M expected, demonstrating small upside to estimates. Gates Industrial (GTES) Q4 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Company issued FY‑2026 guidance of $1.520–$1.680 EPS (vs. consensus ~$1.56) and revenue guidance of $3.5–$3.6B, which suggests management expects continued earnings improvement. Gates FY2026 Guidance (Press Slides)
• Positive Sentiment: Cash generation and capital returns: operating cash flow of $478.1M for 2025 and ~ $105M of share repurchases announced, supporting shareholder value and deleveraging. Adjusted EBITDA margins remain healthy (Q4 adj. EBITDA margin ~21.9%, FY ~22.4%). Gates Industrial Reports Fourth-Quarter and Full Year 2025 Results
• Neutral Sentiment: Revenue came in roughly in line with estimates and core sales growth was modest (core +0.6% in Q4, +0.7% for the year), leaving top‑line momentum limited even as profitability improved. Gates Industrial posts Q4 CY2025 sales in line with estimates
• Neutral Sentiment: Company provided detailed materials and a conference call for investors (slides/transcript available), which should help analysts refine models but could also reveal sensitivity to end‑market demand. MarketBeat Earnings/Transcript
• Negative Sentiment: GAAP results show lower net income (GAAP diluted EPS $0.20) versus adjusted EPS $0.38, highlighting adjustments that investors should scrutinize for sustainability. Gates Industrial Reports Fourth-Quarter and Full Year 2025 Results
• Negative Sentiment: Top-line growth is tepid (FY sales +1.0%); if end‑market demand softens further, the company’s margin improvements and buybacks could be harder to sustain. Gates Industrial Reports Fourth-Quarter and Full Year 2025 Results

Gates Industrial Company 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.