Gates Industrial (GTES)
Engineered belts and fluid-transfer components for industrial and mobile applications.
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Sells engineered belts, hoses, tubing and fittings through Power Transmission and Fluid Power. A large aftermarket business works through distributors alongside OEM sales across geographically distributed industrial and transportation markets.
Power Transmission supplies elastomer drive belts and related components for stationary and mobile drives, engine systems and personal-mobility applications. Fluid Power supplies hoses, tubing and fittings for high-pressure hydraulic and other fluid-transfer uses. Together, the lines serve industrial, transportation, consumer, energy and agricultural applications. Operations are geographically distributed across the Americas, EMEA, East Asia, India and China.
Aftermarket sales flow principally through distributors, while OEMs buy specified first-fit components. A manufacturing-led workforce supports application-specific materials-science development. Manufacturing depends on raw materials and commodities exposed to tariffs; mitigation includes surcharges, local supply and alternative sources.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Aug 31, 2026 | Industrial Alliance Securities | Target | Target: $35 | Target: $29 |
| Aug 3, 2026 | KeyBanc | Reiterate | Rating: —Target: $30 | Target: $34 |
| Jul 16, 2026 | RBC Capital | Reiterate | Rating: —Target: $31 | Target: $33 |
| Jul 9, 2026 | Wolfe Research | Reiterate | Rating: —Target: $21 | Target: $33 |
| May 29, 2026 | Morgan Stanley | Reiterate | Rating: —Target: $27 | Target: $28 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 27, 2026Cash & short-term investments $823.5M · Total debt $2.36B · Total assets $7.39B · Shareholders' equity $3.52B
- Revenue
- $941.6M
- Operating income
- $148.3M
- Net income
- $171.1M
No dividends on record.
| Institutions | 97.81% | 247.59M shares | |
|---|---|---|---|
| 369 holders · as of Jun 30, 2026 | |||
| Insiders | 0.81% | 2.05M shares | |
| 14 holders · as of Aug 7, 2026 | |||
| Other | 1.38% | 3.51M shares | |
| remainder | |||
253.15M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 11.89% | 30.09M | as of Jun 30, 2026 |
FMR LLCInstitution | 7.74% | 19.60M | as of Jun 30, 2026 |
Vanguard Portfolio Management LLCInstitution | 5.17% | 13.10M | as of Jun 30, 2026 |
Allspring Global Investments Holdings, LLCInstitution | 4.79% | 12.13M | as of Jun 30, 2026 |
Dimensional Fund Advisors LPInstitution | 4.71% | 11.93M | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 6, 2026 | Peifang Zhang | director | −6,000 | $28.62 |
| Aug 5, 2026 | Peifang Zhang | director | −6,000 | $29.56 |
| Aug 4, 2026 | Peifang Zhang | director | −5,000 | $29.76 |
| Nov 26, 2025 | Gwendolyn Ann Montgomery | officer: Chief Human Resources Officer | −40,996 | $22.60 |
| Nov 17, 2025 | Gwendolyn Ann Montgomery | officer: Chief Human Resources Officer | −2,338 | $21.64 |
- Parker-Hannifin
Hydraulic hose, tubing and fittings for OEM and replacement use
- Timken
V, V-ribbed and synchronous belts across OEM and aftermarket
- Regal Rexnord
Mechanical power-transmission components for industrial drives
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Gates Industrial | $25.89 | +1.73% | $6.46B | 17.9 | 14.2 | 1.8 | +6.6% |
| Parker-Hannifin | $957.55 | −0.07% | $120.81B | 33.6 | 27.2 | 5.6 | +9.8% |
| Timken | $115.87 | +0.89% | $7.98B | 31.1 | 17.6 | 1.7 | +7.5% |
| Regal Rexnord | $151.35 | +0.41% | $10.03B | 31.0 | 12.9 | 1.7 | +4.2% |
| Median | 31.1 | 17.6 | 1.7 | +7.5% |