Gates Industrial (GTES)

• Market cap: $4.74B
• 1 day: 0.87%
• 5 days: -7.38%
• 1 month: -7.15%
• 3 months: -9.06%
• 6 months: 6.66%
• Year to date: -9.06%
• 1 year: 4.68%
• 5 years: 165.29%
• 10 years: 0.38%
• Sector: Industrials
• Industry: General Industrial Machinery & Equipment

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

91% more first-time investments, than exits

New positions opened: 65 | Existing positions closed: 34

71% more call options, than puts

Call options by funds: $10.4M | Put options by funds: $6.07M

47% more repeat investments, than reductions

Existing positions increased: 143 | Existing positions reduced: 97

19% more capital invested

Capital invested by funds: $4.73B [Q3] → $5.64B (+$904M) [Q4]

7% more funds holding

Funds holding: 312 [Q3] → 335 (+23) [Q4]

4.71% more ownership

Funds ownership: 103.04% [Q3] → 107.75% (+4.71%) [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

• Low target: $23 24% upside
• Avg. target: $25 34% upside
• High target: $27 45% upside

6 analyst ratings

• positive: 4 67%
• neutral: 2 33%
• negative: 0 0%

Barclays Julian Mitchell 39% 1-year accuracy 51 / 132 met price target	35% upside $25	Overweight Maintained	26 Mar 2025
Goldman Sachs Jerry Revich 38% 1-year accuracy 11 / 29 met price target	24% upside $23	Neutral Maintained	19 Mar 2025
Evercore ISI Group David Raso 25% 1-year accuracy 5 / 20 met price target	24% upside $23	In-Line Maintained	19 Feb 2025
RBC Capital Deane Dray 32% 1-year accuracy 17 / 53 met price target	45% upside $27	Outperform Maintained	7 Feb 2025
Keybanc Jeffrey Hammond 22% 1-year accuracy 8 / 36 met price target	45% upside $27	Overweight Maintained	7 Feb 2025