Gates Industrial Corporation PLC (NYSE:GTES) Receives Consensus Rating of "Moderate Buy" from Analysts

Key Points

• Analysts give Gates Industrial a consensus rating of Moderate Buy from 11 brokerages (six buys, five holds) with an average 12‑month price target of $30.36.
• Gates slightly beat quarterly estimates—EPS $0.38 vs. $0.37 and revenue $856.2M vs. $853.35M—with revenue up 3.2% YoY and management guiding FY2026 EPS of 1.520–1.680 (analysts project ~1.36 for the current year).
• Shares trade around $25.64 with a market cap of $6.51B and a P/E of 26.43, and institutional investors own roughly 98.5% of the stock, including Invesco’s 8.32M‑share holding.

Gates Industrial Corporation PLC (NYSE:GTES - Get Free Report) has been given a consensus rating of "Moderate Buy" by the eleven brokerages that are currently covering the stock, MarketBeat reports. Five research analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $30.3636.

A number of equities research analysts have recently weighed in on GTES shares. Wall Street Zen upgraded shares of Gates Industrial from a "buy" rating to a "strong-buy" rating in a research report on Sunday, March 29th. Barclays dropped their price target on shares of Gates Industrial from $32.00 to $28.00 and set an "overweight" rating for the company in a research report on Wednesday, April 1st. Weiss Ratings downgraded shares of Gates Industrial from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Wednesday, April 1st. Morgan Stanley lifted their price target on shares of Gates Industrial from $25.00 to $27.00 and gave the company an "equal weight" rating in a research report on Wednesday, March 11th. Finally, Robert W. Baird set a $39.00 price target on shares of Gates Industrial in a research report on Friday, February 13th.

Gates Industrial Trading Up 0.6%

Shares of GTES stock opened at $25.64 on Tuesday. The firm has a 50 day moving average price of $24.92 and a two-hundred day moving average price of $23.71. The company has a quick ratio of 2.42, a current ratio of 3.37 and a debt-to-equity ratio of 0.61. The company has a market capitalization of $6.51 billion, a PE ratio of 26.43 and a beta of 1.28. Gates Industrial has a 12-month low of $16.27 and a 12-month high of $28.47.

Gates Industrial (NYSE:GTES - Get Free Report) last issued its quarterly earnings data 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 firm had revenue of $856.20 million during the quarter, compared to the consensus estimate of $853.35 million. Gates Industrial had a net margin of 7.30% and a return on equity of 10.36%. The business's revenue for the quarter was up 3.2% compared to the same quarter last year. During the same period last year, the business posted $0.36 earnings per share. Gates Industrial has set its FY 2026 guidance at 1.520-1.680 EPS. As a group, analysts predict that Gates Industrial will post 1.36 earnings per share for the current year.

Institutional Investors Weigh In On Gates Industrial

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Corient Private Wealth LLC raised its position in shares of Gates Industrial by 3.7% in the fourth quarter. Corient Private Wealth LLC now owns 181,165 shares of the company's stock valued at $3,890,000 after buying an additional 6,455 shares in the last quarter. Caitong International Asset Management Co. Ltd bought a new position in Gates Industrial in the fourth quarter valued at approximately $72,000. Kera Capital Partners Inc. increased its stake in Gates Industrial by 34.2% in the fourth quarter. Kera Capital Partners Inc. now owns 25,784 shares of the company's stock valued at $594,000 after acquiring an additional 6,565 shares during the last quarter. Dean Capital Management increased its stake in Gates Industrial by 3.2% in the fourth quarter. Dean Capital Management now owns 92,225 shares of the company's stock valued at $1,980,000 after acquiring an additional 2,846 shares during the last quarter. Finally, Invesco Ltd. increased its stake in Gates Industrial by 5.9% in the fourth quarter. Invesco Ltd. now owns 8,322,654 shares of the company's stock valued at $178,687,000 after acquiring an additional 461,160 shares during the last quarter. 98.50% of the stock is currently owned by institutional investors and hedge funds.

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.

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