Quantbot Technologies LP Acquires New Holdings in Gates Industrial Corporation PLC $GTES

Key Points

• Quantbot Technologies LP established a new position in Gates Industrial in Q3, buying 47,986 shares worth about $1.19 million, and institutional investors now own roughly 98.50% of the company.
• Gates slightly beat quarterly expectations with $0.38 EPS vs. $0.37 consensus and $856.2M revenue (versus $853.35M est.), and it set FY2026 guidance of 1.520–1.680 EPS.
• The stock recently traded around $24.04 (down ~5.5%), sits in a one‑year range of $14.70–$28.47, and analyst sentiment is mostly positive with a consensus price target of $30.27 and several upgrades/price-target increases.

Quantbot Technologies LP bought a new stake in shares of Gates Industrial Corporation PLC (NYSE:GTES - Free Report) in the third quarter, according to its most recent Form 13F filing with the SEC. The fund bought 47,986 shares of the company's stock, valued at approximately $1,191,000.

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

Gates Industrial Stock Down 5.5%

Shares of GTES stock opened at $24.04 on Friday. Gates Industrial Corporation PLC has a 1 year low of $14.70 and a 1 year high of $28.47. The stock has a market cap of $6.10 billion, a PE ratio of 24.78 and a beta of 1.23. The business's fifty day moving average is $24.65 and its 200-day moving average is $24.12. The company has a debt-to-equity ratio of 0.61, a quick ratio of 2.42 and a current ratio of 3.37.

Gates Industrial (NYSE:GTES - Get Free Report) last announced its quarterly earnings data on Thursday, February 12th. The company reported $0.38 earnings per share for the quarter, beating the consensus estimate of $0.37 by $0.01. Gates Industrial had a return on equity of 10.36% and a net margin of 7.30%.The business had revenue of $856.20 million during the quarter, compared to analyst estimates of $853.35 million. During the same quarter in the prior year, the firm posted $0.36 earnings per share. The company'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 expect that Gates Industrial Corporation PLC will post 1.36 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on GTES. Wall Street Zen upgraded Gates Industrial from a "buy" rating to a "strong-buy" rating in a research report on Saturday, February 14th. Royal Bank Of Canada restated an "outperform" rating and set a $31.00 price objective on shares of Gates Industrial in a research note on Friday, February 13th. UBS Group reaffirmed a "buy" rating and issued a $33.00 price objective on shares of Gates Industrial in a report on Friday, February 13th. Citigroup increased their target price on shares of Gates Industrial from $27.00 to $33.00 and gave the company a "buy" rating in a research report on Friday, February 13th. Finally, Robert W. Baird set a $39.00 target price on shares of Gates Industrial in a research note on Friday, February 13th. Six investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $30.27.

About Gates Industrial

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.

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