Gates Industrial Corporation Ltd. (NYSE:GTES) reported third-quarter 2026 net sales of $903.6 million, up 5.6% from the prior-year period. Net income attributable to shareholders was $86.5 million, or $0.34 per diluted share, for the quarter ended September 26, 2026.
The company raised its full-year 2026 guidance for adjusted EBITDA and adjusted earnings per share.
- Third-quarter net income was $91.4 million, while net income from continuing operations was $91.6 million.
- Power Transmission sales increased 5.0% to $560.1 million, and Fluid Power sales increased 6.5% to $343.5 million.
- Adjusted EBITDA was $215.4 million, with a 23.8% margin.
- Updated 2026 adjusted EBITDA guidance is $809 million to $823 million.
- Updated 2026 adjusted EPS guidance is $1.66 to $1.72.
$GTES Insider Trading Activity
$GTES insiders have traded $GTES stock on the open market 3 times in the past 6 months. Of those trades, 0 have been purchases and 3 have been sales.
Here’s a breakdown of recent trading of $GTES stock by insiders over the last 6 months:
- PEIFANG ZHANG has made 0 purchases and 3 sales selling 17,000 shares for an estimated $497,880.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$GTES Hedge Fund Activity
We have seen 185 institutional investors add shares of $GTES stock to their portfolio, and 197 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- JPMORGAN CHASE & CO added 8,216,924 shares (+inf%) to their portfolio in Q2 2026, for an estimated $229,827,364
- FIDUCIARY MANAGEMENT INC /WI/ removed 6,654,116 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $186,115,624
- UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 4,304,829 shares (-88.0%) from their portfolio in Q2 2026, for an estimated $120,406,067
- FRANKLIN RESOURCES INC removed 2,759,826 shares (-36.3%) from their portfolio in Q2 2026, for an estimated $77,192,333
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 2,273,437 shares (+inf%) to their portfolio in Q2 2026, for an estimated $63,588,032
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP removed 1,620,320 shares (-72.0%) from their portfolio in Q2 2026, for an estimated $45,320,350
- KENNEDY CAPITAL MANAGEMENT LLC removed 1,601,282 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $44,787,857
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$GTES Congressional Stock Trading
Members of Congress have traded $GTES stock 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $GTES stock by members of Congress over the last 6 months:
- REPRESENTATIVE GILBERT RAY CISNEROS, JR. purchased up to $15,000 on 09/29.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.
