81,893 Shares in Gates Industrial Corporation PLC $GTES Bought by Allianz Asset Management GmbH

Allianz Asset Management GmbH bought a new stake in Gates Industrial Corporation PLC (NYSE:GTES) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 81,893 shares of the company’s stock, valued at approximately $2,033,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in GTES. Invesco Ltd. boosted its stake in shares of Gates Industrial by 3.1% during the 2nd quarter. Invesco Ltd. now owns 7,635,419 shares of the company’s stock worth $175,844,000 after buying an additional 226,578 shares during the last quarter. State Street Corp raised its holdings in Gates Industrial by 2.4% during the second quarter. State Street Corp now owns 7,346,884 shares of the company’s stock worth $169,199,000 after acquiring an additional 170,597 shares in the last quarter. American Century Companies Inc. boosted its position in Gates Industrial by 4.2% during the second quarter. American Century Companies Inc. now owns 6,461,861 shares of the company’s stock valued at $148,817,000 after purchasing an additional 261,429 shares during the last quarter. Franklin Resources Inc. boosted its position in Gates Industrial by 17.1% during the second quarter. Franklin Resources Inc. now owns 5,661,320 shares of the company’s stock valued at $130,380,000 after purchasing an additional 826,249 shares during the last quarter. Finally, Geode Capital Management LLC grew its stake in Gates Industrial by 2.9% in the second quarter. Geode Capital Management LLC now owns 3,963,993 shares of the company’s stock valued at $91,305,000 after purchasing an additional 110,393 shares in the last quarter. 98.50% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the company. Weiss Ratings reiterated a “hold (c+)” rating on shares of Gates Industrial in a research note on Monday, December 29th. UBS Group lowered their target price on shares of Gates Industrial from $29.00 to $28.00 and set a “buy” rating on the stock in a report on Monday, January 5th. Wall Street Zen lowered shares of Gates Industrial from a “strong-buy” rating to a “buy” rating in a research report on Saturday, January 10th. JPMorgan Chase & Co. cut 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 note on Tuesday, December 16th. Finally, Wells Fargo & Company began coverage on shares of Gates Industrial in a research report on Thursday, November 13th. They issued an “equal weight” rating and a $23.00 price objective for the company. Six analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, Gates Industrial has a consensus rating of “Moderate Buy” and an average price target of $27.09.

Gates Industrial Stock Up 4.0%

GTES opened at $27.58 on Friday. The stock has a fifty day moving average of $22.97 and a 200-day moving average of $23.83. The company has a market capitalization of $7.12 billion, a P/E ratio of 30.30 and a beta of 1.27. Gates Industrial Corporation PLC has a fifty-two week low of $14.70 and a fifty-two week high of $28.13. The company has a debt-to-equity ratio of 0.61, a quick ratio of 2.50 and a current ratio of 3.52.

Gates Industrial (NYSE:GTES) last released its quarterly earnings results on Thursday, February 12th. The company reported $0.38 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 business had revenue of $856.20 million for the quarter, compared to analyst estimates of $853.35 million. During the same period last year, the firm earned $0.36 earnings per share. Gates Industrial’s revenue for the quarter was up 3.2% compared to the same quarter last year. Gates Industrial has set its FY 2026 guidance at 1.520-1.680 EPS. On average, equities analysts expect that Gates Industrial Corporation PLC will post 1.36 EPS for the current year.

Gates Industrial News Roundup

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

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.