LSV Asset Management Sells 70,600 Shares of Gates Industrial Corporation PLC $GTES

LSV Asset Management lowered its position in shares of Gates Industrial Corporation PLC (NYSE:GTES) by 1.9% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 3,555,526 shares of the company’s stock after selling 70,600 shares during the period. LSV Asset Management’s holdings in Gates Industrial were worth $88,248,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. True Wealth Design LLC increased its stake in shares of Gates Industrial by 133.2% in the 3rd quarter. True Wealth Design LLC now owns 1,166 shares of the company’s stock worth $29,000 after acquiring an additional 666 shares in the last quarter. Allworth Financial LP grew its holdings in Gates Industrial by 43.0% in the second quarter. Allworth Financial LP now owns 2,096 shares of the company’s stock worth $48,000 after purchasing an additional 630 shares during the period. SJS Investment Consulting Inc. grew its holdings in Gates Industrial by 5,123.7% in the third quarter. SJS Investment Consulting Inc. now owns 1,985 shares of the company’s stock worth $49,000 after purchasing an additional 1,947 shares during the period. Quent Capital LLC bought a new position in shares of Gates Industrial during the third quarter valued at approximately $51,000. Finally, Avanza Fonder AB increased its stake in shares of Gates Industrial by 85.3% during the third quarter. Avanza Fonder AB now owns 2,441 shares of the company’s stock valued at $61,000 after purchasing an additional 1,124 shares in the last quarter. 98.50% of the stock is owned by hedge funds and other institutional investors.

Key Gates Industrial News

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

Gates Industrial Price Performance

Shares of GTES opened at $27.58 on Friday. Gates Industrial Corporation PLC has a twelve month low of $14.70 and a twelve month high of $28.13. The company has a market capitalization of $7.12 billion, a P/E ratio of 30.30 and a beta of 1.27. The firm has a 50 day moving average of $22.97 and a 200 day moving average of $23.83. The company has a quick ratio of 2.50, a current ratio of 3.52 and a debt-to-equity ratio of 0.61.

Gates Industrial (NYSE:GTES) last released its quarterly earnings data on Thursday, February 12th. The company reported $0.38 earnings per share (EPS) for the quarter, beating the consensus estimate 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 return on equity of 10.38% and a net margin of 6.93%.The firm’s quarterly revenue was up 3.2% on a year-over-year basis. During the same period in the prior year, the firm posted $0.36 EPS. Gates Industrial has set its FY 2026 guidance at 1.520-1.680 EPS. As a group, equities research analysts anticipate that Gates Industrial Corporation PLC will post 1.36 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on GTES shares. Citigroup reissued a “buy” rating on shares of Gates Industrial in a research report on Monday, January 12th. JPMorgan Chase & Co. reduced their price objective on Gates Industrial from $33.00 to $32.00 and set an “overweight” rating for the company in a research report on Tuesday, December 16th. Wells Fargo & Company assumed coverage on Gates Industrial in a report on Thursday, November 13th. They issued an “equal weight” rating and a $23.00 target price on the stock. UBS Group cut their target price on Gates Industrial from $29.00 to $28.00 and set a “buy” rating on the stock in a research note on Monday, January 5th. Finally, Wall Street Zen downgraded Gates Industrial from a “strong-buy” rating to a “buy” rating in a report on Saturday, January 10th. Six equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, Gates Industrial presently has an average rating of “Moderate Buy” and an average price target of $27.09.

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.