Gates Industrial (GTES)

Gates Argentina S.A. • Gates Australia • Gates Distribution Centre N.V. • Gates do Brasil lndustria e Commercio Ltda • Gates Fleximak Ltd • Atlas Hydraulics Inc. • Gates Canada Inc. • Gates Industrial Canada Ltd • Gates Cayman Finance Ltd. • Gates Auto Parts (Suzhou) Co., Ltd ...

GTES stock data

1M 3M 6M 1Y

Analyst ratings and price targets

Last 3 months

Average target

$25.00

Low target

$23.00

High target

$27.00

Latest filings (excl ownership)

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8-K

Departure of Directors or Certain Officers

23 Dec 24

IRAN

Disclosure regarding Iran Threat Reduction and Syria Human Rights Act

5 Nov 24

424B5

Prospectus supplement for primary offering

4 Nov 24

424B5

Prospectus supplement for primary offering

31 Oct 24

IRAN

Disclosure regarding Iran Threat Reduction and Syria Human Rights Act

30 Oct 24

Third-Quarter 2024 Financial Summary

30 Oct 24

8-K

Departure of Directors or Certain Officers

20 Aug 24

424B5

Prospectus supplement for primary offering

19 Aug 24

FWP

Free writing prospectus

16 Aug 24

Transcripts

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GTES

Earnings call transcript

2024 Q3

30 Oct 24

GTES

Earnings call transcript

2024 Q2

31 Jul 24

GTES

Earnings call transcript

2024 Q1

1 May 24

GTES

Earnings call transcript

2023 Q4

8 Feb 24

GTES

Earnings call transcript

2023 Q3

3 Nov 23

GTES

Earnings call transcript

2023 Q2

4 Aug 23

GTES

Earnings call transcript

2023 Q2

4 Aug 23

GTES

Earnings call transcript

2023 Q1

4 May 23

GTES

Earnings call transcript

2022 Q4

9 Feb 23

GTES

Earnings call transcript

2022 Q3

4 Nov 22

Latest ownership filings

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144

Notice of proposed sale of securities

22 Nov 24

144

Notice of proposed sale of securities

22 Nov 24

144

Notice of proposed sale of securities

22 Nov 24

144

Notice of proposed sale of securities

22 Nov 24

144

Notice of proposed sale of securities

Notice of proposed sale of securities

8 Nov 24

144

Notice of proposed sale of securities

8 Nov 24

144

Notice of proposed sale of securities

8 Nov 24

144

Notice of proposed sale of securities

8 Nov 24

Financial summary

Financial statements Chart GTES financial data

Quarter (USD)	Sep 24	Jun 24	Mar 24	Dec 23
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 23	Dec 22	Jan 22	Jan 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	577.50 mm	577.50 mm	577.50 mm	577.50 mm	577.50 mm	577.50 mm
Cash burn (monthly)	1.80 mm	(no burn)	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	5.16 mm	n/a	n/a	n/a	n/a	n/a
Cash remaining	572.34 mm	n/a	n/a	n/a	n/a	n/a
Runway (months of cash)	318.0	n/a	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q2 2024

GTES institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	306	257	+19.1%
Opened positions	88	65	+35.4%
Closed positions	39	57	-31.6%
Increased positions	122	103	+18.4%
Reduced positions	68	58	+17.2%

13F shares	Current	Prev Q	Change
Total value	3.99 tn	2.71 tn	+47.4%
Total shares	446.19 mm	344.85 mm	+29.4%
Total puts	143.20 k	30.00 k	+377.3%
Total calls	4.36 mm	1.97 mm	+121.5%
Total put/call ratio	0.0	0.0	+115.5%

Largest owners	Shares	Value	Change
Blackstone Holdings III	178.59 mm	$0.00	0.0%
BX Blackstone	51.88 mm	$820.17 bn	NEW
Vanguard	20.36 mm	$321.96 bn	+13.1%
Allspring Global Investments	14.63 mm	$231.24 bn	-0.8%
FMR	12.50 mm	$197.57 bn	+93.7%
Dimensional Fund Advisors	11.92 mm	$188.48 bn	+9.5%
Aqr Capital Management	7.98 mm	$126.12 bn	NEW
BLK BlackRock	7.80 mm	$123.33 bn	+10.1%
Alliancebernstein	7.51 mm	$118.70 bn	-10.6%
Fiduciary Management	7.21 mm	$113.93 bn	+0.9%

Largest transactions	Shares	Bought/sold	Change
BX Blackstone	51.88 mm	+51.88 mm	NEW
Aqr Capital Management	7.98 mm	+7.98 mm	NEW
JHG Janus Henderson	6.48 mm	+6.48 mm	NEW
FMR	12.50 mm	+6.04 mm	+93.7%
Pacer Advisors	0.00	-3.94 mm	EXIT
Fred Alger Management	2.67 mm	+2.67 mm	NEW
Norges Bank	2.63 mm	+2.63 mm	NEW
Vanguard	20.36 mm	+2.36 mm	+13.1%
MS Morgan Stanley	1.09 mm	-1.99 mm	-64.5%
IVZ Invesco	6.48 mm	+1.98 mm	+44.0%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

GTES insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
5 Nov 24	Gwendolyn Ann Montgomery	Ordinary Shares	Payment of exercise	Dispose F	No	No	20.24	17,285	349.85 k	54,429
5 Nov 24	Gwendolyn Ann Montgomery	Ordinary Shares	Option exercise	Acquire M	No	No	7.21	27,099	195.38 k	71,714
5 Nov 24	Gwendolyn Ann Montgomery	Employee Stock Options Ordinary Shares	Option exercise	Dispose M	No	No	7.21	27,099	195.38 k	27,099
21 Aug 24	BX Gates ML-1 Holdco	Ordinary Shares	Sell	Dispose S	Yes	No	16.58	646,199	10.71 mm	451,496
21 Aug 24	BX Gates ML-1 Holdco	Ordinary Shares	Sell	Dispose S	Yes	No	16.58	2,804,217	46.49 mm	1,959,298
21 Aug 24	BX Gates ML-1 Holdco	Ordinary Shares	Sell	Dispose S	Yes	No	16.58	45,521	754.74 k	31,805
21 Aug 24	BX Gates ML-1 Holdco	Ordinary Shares	Sell	Dispose S	Yes	No	16.58	13,294,543	220.42 mm	9,288,859
21 Aug 24	BX Gates ML-1 Holdco	Ordinary Shares	Sell	Dispose S	Yes	No	16.58	13,748,723	227.95 mm	9,606,196
21 Aug 24	Wilson S Neely	Ordinary Shares	Buy	Acquire P	Yes	No	16.8	5,952	99.99 k	5,952
21 Aug 24	Wilson S Neely	Ordinary Shares	Buy	Acquire P	Yes	No	16.8	6,000	100.80 k	6,000