Leeward Investments LLC MA Has $27.87 Million Stake in Gates Industrial Corporation PLC $GTES

Leeward Investments LLC MA lessened its holdings in Gates Industrial Corporation PLC (NYSE:GTES) by 2.2% during the third quarter, HoldingsChannel reports. The firm owned 1,123,007 shares of the company’s stock after selling 25,205 shares during the quarter. Gates Industrial accounts for 1.4% of Leeward Investments LLC MA’s holdings, making the stock its 8th largest position. Leeward Investments LLC MA’s holdings in Gates Industrial were worth $27,873,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the business. Norges Bank bought a new stake in shares of Gates Industrial during the 2nd quarter worth $80,713,000. Adage Capital Partners GP L.L.C. acquired a new position in Gates Industrial during the second quarter worth about $32,255,000. Voya Investment Management LLC lifted its holdings in shares of Gates Industrial by 751.7% in the third quarter. Voya Investment Management LLC now owns 1,137,088 shares of the company’s stock worth $28,223,000 after acquiring an additional 1,003,580 shares during the last quarter. Franklin Resources Inc. lifted its holdings in shares of Gates Industrial by 17.1% in the second quarter. Franklin Resources Inc. now owns 5,661,320 shares of the company’s stock worth $130,380,000 after acquiring an additional 826,249 shares during the last quarter. Finally, Quantinno Capital Management LP boosted its stake in shares of Gates Industrial by 69.8% in the 2nd quarter. Quantinno Capital Management LP now owns 1,228,675 shares of the company’s stock valued at $28,296,000 after purchasing an additional 504,895 shares in the last quarter. Institutional investors and hedge funds own 98.50% of the company’s stock.

Gates Industrial News Roundup

Here are the key news stories impacting Gates Industrial this week:

• Positive Sentiment: Q4 adjusted EPS beat estimates — Gates reported adjusted EPS of $0.38 vs. the $0.37 consensus, confirming modest improvement in profitability year-over-year. Read More.
• Positive Sentiment: Capital returns and cash generation — Management repurchased approximately $105 million of shares and generated $478.1 million of operating cash flow for 2025, supporting shareholder returns and balance-sheet flexibility. Read More.
• Neutral Sentiment: FY‑2026 guidance essentially in line with consensus — Gates provided an EPS range of $1.520–$1.680 (consensus ~$1.56) and revenue guidance of $3.5B–$3.6B, leaving room for execution risk but not signaling a material reset. Read More.
• Neutral Sentiment: Revenue roughly in line with estimates but soft growth — Q4 sales were $856.2M (in line with estimates) and up just 3.2% YoY, reflecting limited core sales expansion. Read More.
• Negative Sentiment: Underlying demand and GAAP profitability show restraints — core sales growth was modest (0.6% in the quarter, 1.0% for FY), and GAAP net income per diluted share for the quarter was $0.20 versus adjusted $0.38, highlighting one‑time items and ongoing margin sensitivity. Read More.
• Neutral Sentiment: Management provided supporting materials — earnings slide deck and conference-call materials are available for deeper detail on segment trends and the drivers behind guidance. Read More.

Gates Industrial Stock Performance

NYSE GTES opened at $28.04 on Friday. The company has a market capitalization of $7.24 billion, a price-to-earnings ratio of 28.90 and a beta of 1.27. The company has a quick ratio of 2.50, a current ratio of 3.37 and a debt-to-equity ratio of 0.61. Gates Industrial Corporation PLC has a twelve month low of $14.70 and a twelve month high of $28.47. The stock has a fifty day simple moving average of $23.09 and a 200 day simple moving average of $23.84.

Gates Industrial (NYSE:GTES) last released its quarterly earnings results on Thursday, February 12th. The company reported $0.38 EPS for the quarter, beating analysts’ consensus estimates of $0.37 by $0.01. The firm had revenue of $856.20 million for the quarter, compared to analyst estimates of $853.35 million. Gates Industrial had a return on equity of 10.36% and a net margin of 7.30%.The business’s revenue was up 3.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.36 EPS. Gates Industrial has set its FY 2026 guidance at 1.520-1.680 EPS. Sell-side analysts expect that Gates Industrial Corporation PLC will post 1.36 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on GTES. Wall Street Zen upgraded shares of Gates Industrial from a “buy” rating to a “strong-buy” rating in a research report on Saturday. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $31.00 target price on shares of Gates Industrial in a research note on Friday. Robert W. Baird set a $39.00 price target on Gates Industrial in a research note on Friday. Wells Fargo & Company began coverage on Gates Industrial in a report on Thursday, November 13th. They set an “equal weight” rating and a $23.00 price objective on the stock. Finally, Citigroup boosted their price objective on Gates Industrial from $27.00 to $33.00 and gave the stock a “buy” rating in a research report on Friday. Six research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $29.67.

Gates Industrial Company Profile

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.