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 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
86% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 35
71% more call options, than puts
Call options by funds: $10.4M | Put options by funds: $6.07M
45% more repeat investments, than reductions
Existing positions increased: 142 | Existing positions reduced: 98
19% more capital invested
Capital invested by funds: $4.73B [Q3] → $5.63B (+$903M) [Q4]
7% more funds holding
Funds holding: 312 [Q3] → 335 (+23) [Q4]
4.58% more ownership
Funds ownership: 102.94% [Q3] → 107.52% (+4.58%) [Q4]
33% less funds holding in top 10
Funds holding in top 10: 3 [Q3] → 2 (-1) [Q4]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
Citigroup Andrew Kaplowitz 36% 1-year accuracy 31 / 86 met price target | 11%upside $21 | Buy Maintained | 14 Apr 2025 |
Barclays Julian Mitchell 38% 1-year accuracy 48 / 127 met price target | 16%upside $22 | Overweight Maintained | 10 Apr 2025 |
Keybanc Jeffrey Hammond 33% 1-year accuracy 15 / 45 met price target | 11%upside $21 | Overweight Maintained | 8 Apr 2025 |
Goldman Sachs Jerry Revich 45% 1-year accuracy 9 / 20 met price target | 22%upside $23 | Neutral Maintained | 19 Mar 2025 |
Evercore ISI Group David Raso 25% 1-year accuracy 5 / 20 met price target | 22%upside $23 | In-Line Maintained | 19 Feb 2025 |
Financial journalist opinion
Based on 7 articles about GTES published over the past 30 days
