Gates Industrial (GTES) Expected to Announce Quarterly Earnings on Friday

Key Points

• Gates Industrial will report Q1 2026 results before the market opens on May 1, 2026 at 10:00 AM ET; analysts expect $0.32 EPS and about $863.35M in revenue, and the company has set FY2026 guidance of 1.520–1.680 EPS.
• Institutional investors have been buying heavily (JPMorgan boosted its stake by 98.7%) and institutions now own about 98.50% of the stock, while analyst sentiment is a “Moderate Buy” with an average target of $30.36 (range up to $39).
• In the prior quarter Gates slightly beat expectations with $0.38 EPS versus $0.37 expected and revenue of $856.2M, reflecting a 3.2% year‑over‑year revenue increase and a net margin of 7.3%.

Gates Industrial (NYSE:GTES - Get Free Report) will likely be issuing its Q1 2026 results before the market opens on Friday, May 1st. Analysts expect the company to announce earnings of $0.32 per share and revenue of $863.3480 million for the quarter. Gates Industrial has set its FY 2026 guidance at 1.520-1.680 EPS. Parties can check the company's upcoming Q1 2026 earning summary page for the latest details on the call scheduled for Friday, May 1, 2026 at 10:00 AM ET.

Gates Industrial (NYSE:GTES - Get Free Report) last issued its quarterly earnings data on Thursday, February 12th. The company reported $0.38 EPS for the quarter, topping analysts' consensus estimates of $0.37 by $0.01. The business had revenue of $856.20 million for the quarter, compared to analysts' expectations 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 was up 3.2% on a year-over-year basis. During the same quarter last year, the company earned $0.36 EPS. On average, analysts expect Gates Industrial to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Gates Industrial Price Performance

Shares of NYSE GTES opened at $25.52 on Friday. The stock has a market capitalization of $6.50 billion, a price-to-earnings ratio of 26.30 and a beta of 1.28. Gates Industrial has a 12 month low of $17.07 and a 12 month high of $28.47. The firm's 50 day simple moving average is $24.80 and its 200-day simple moving average is $23.74. The company has a debt-to-equity ratio of 0.61, a current ratio of 3.37 and a quick ratio of 2.42.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of GTES. JPMorgan Chase & Co. raised its holdings in Gates Industrial by 98.7% in the 4th quarter. JPMorgan Chase & Co. now owns 8,373,294 shares of the company's stock valued at $179,775,000 after buying an additional 4,158,341 shares during the period. Adage Capital Partners GP L.L.C. acquired a new position in Gates Industrial in the 2nd quarter valued at about $32,255,000. Nuveen LLC grew its position in Gates Industrial by 280.0% in the 4th quarter. Nuveen LLC now owns 1,725,274 shares of the company's stock valued at $37,042,000 after acquiring an additional 1,271,248 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Gates Industrial by 45.9% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,939,492 shares of the company's stock valued at $84,581,000 after acquiring an additional 1,238,766 shares in the last quarter. Finally, Morgan Stanley grew its position in Gates Industrial by 31.6% in the 4th quarter. Morgan Stanley now owns 3,042,742 shares of the company's stock valued at $65,328,000 after acquiring an additional 730,374 shares in the last quarter. Institutional investors and hedge funds own 98.50% of the company's stock.

Analysts Set New Price Targets

GTES has been the topic of a number of analyst reports. Wall Street Zen cut shares of Gates Industrial from a "strong-buy" rating to a "buy" rating in a research note on Saturday, April 18th. Robert W. Baird set a $39.00 price objective on shares of Gates Industrial in a research note on Friday, February 13th. Morgan Stanley increased their target price on Gates Industrial from $25.00 to $27.00 and gave the company an "equal weight" rating in a research report on Wednesday, March 11th. UBS Group reiterated a "buy" rating and set a $33.00 target price on shares of Gates Industrial in a research report on Friday, February 13th. Finally, Citigroup increased their target price on Gates Industrial from $27.00 to $33.00 and gave the company a "buy" rating in a research report on Friday, February 13th. Six investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company's stock. Based on data from MarketBeat, Gates Industrial presently has a consensus rating of "Moderate Buy" and an average target price of $30.36.

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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