Gates IndustrialGTES
About: Gates Industrial Corp PLC is a manufacturer of engineered power transmission and fluid power solutions. The company has two operating segments; Power Transmission and Fluid Power segments. The Power Transmission solutions convey power and control motion. It is used in applications in which belts, chains, cables, geared transmissions, or direct drives transfer power from an engine or motor to another part or system. The Fluid power solutions are used in applications in which hoses and rigid tubing assemblies either transfer power hydraulically or convey fluids, gases, or granular materials from one location to another. The company generates key revenue from the Power Transmission segment. Company operates in USA, United Kingdom, Luxembourg, EMEA, with majority revenue from USA.
Employees: 14,100
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
50% more funds holding in top 10
Funds holding in top 10: 2 [Q4 2024] → 3 (+1) [Q1 2025]
40% more call options, than puts
Call options by funds: $23.1M | Put options by funds: $16.5M
5% more repeat investments, than reductions
Existing positions increased: 133 | Existing positions reduced: 127
0% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 42
2% less funds holding
Funds holding: 337 [Q4 2024] → 331 (-6) [Q1 2025]
5.52% less ownership
Funds ownership: 107.72% [Q4 2024] → 102.19% (-5.52%) [Q1 2025]
15% less capital invested
Capital invested by funds: $5.64B [Q4 2024] → $4.81B (-$835M) [Q1 2025]
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
Keybanc Jeffrey Hammond | 38%upside $30 | Overweight Maintained | 9 Jun 2025 |
Goldman Sachs Jerry Revich | 6%upside $23 | Neutral Maintained | 27 May 2025 |
Barclays Julian Mitchell | 6%upside $23 | Overweight Maintained | 12 May 2025 |
RBC Capital Deane Dray | 6%upside $23 | Outperform Maintained | 1 May 2025 |
Morgan Stanley Chris Snyder | 1%upside $22 | Equal-Weight Maintained | 1 May 2025 |
Financial journalist opinion
