GTES (Gates Industrial Corporation plc) Stock Analysis - News

Gates Industrial Corporation plc (GTES) is a publicly traded Industrials sector company. As of May 21, 2026, GTES trades at $24.19 with a market cap of $6.12B and a P/E ratio of 24.57. GTES moved +3.13% today. Year to date, GTES is +7.66%; over the trailing twelve months it is +12.00%. Its 52-week range spans $14.70 to $28.47. Analyst consensus is strong buy with an average price target of $30.88. Rallies surfaces GTES's financials, insider trades, hedge fund holdings, congressional trades, analyst ratings, and AI-generated research below.

What changed in GTES news today?

Gates Industrial jumps after deal to buy Timken belts business, Q3 close targeted: Gates Industrial (GTES) shares are higher after announcing a deal to acquire Timken’s belts business, expanding its North American power-transmission footprint. The transaction is expected to close in Q3 2026, adding manufacturing assets and broader OEM/aftermarket channel coverage.

GTES Key Metrics

Key financial metrics for GTES
MetricValue
Price$24.19
Market Cap$6.12B
P/E Ratio24.57
EPS$0.98
Dividend Yield0.00%
52-Week High$28.47
52-Week Low$14.70
Volume1.62M
Avg Volume0
Revenue (TTM)$3.45B
Net Income$274.20M
Gross Margin39.61%

Latest GTES News

Recent GTES Insider Trades

  • SIMPKINS NEIL P bought 616 (~$13.91K) on Nov 26, 2025.
  • Montgomery Gwendolyn Ann sold 41.00K (~$926.51K) on Nov 26, 2025.
  • Montgomery Gwendolyn Ann sold 2.34K (~$50.59K) on Nov 17, 2025.

GTES Analyst Consensus

8 analysts cover GTES: 0 strong buy, 6 buy, 2 hold, 0 sell, 0 strong sell. Consensus rating is strong buy. Average price target: $30.88.

Common questions about GTES

What changed in GTES news today?
Gates Industrial jumps after deal to buy Timken belts business, Q3 close targeted: Gates Industrial (GTES) shares are higher after announcing a deal to acquire Timken’s belts business, expanding its North American power-transmission footprint. The transaction is expected to close in Q3 2026, adding manufacturing assets and broader OEM/aftermarket channel coverage.
Does Rallies summarize GTES news?
Yes. Rallies summarizes GTES news with ticker-specific context, catalysts, source links, and AI-generated market summaries when news is available.
Is GTES research on Rallies investment advice?
No. Rallies provides research, data, and educational context for GTES. It does not provide personalized investment advice.
GTES

GTES