The average one-year price target for Gates Industrial (NYSE:GTES) has been revised to $32.21 / share. This is an increase of 14.85% from the prior estimate of $28.05 dated February 1, 2026.
The price target is an average of many targets provided by analysts. The latest targets range from a low of $25.25 to a high of $40.95 / share. The average price target represents an increase of 14.85% from the latest reported closing price of $28.05 / share.
What is the Fund Sentiment?
There are 702 funds or institutions reporting positions in Gates Industrial. This is an decrease of 144 owner(s) or 17.02% in the last quarter. Average portfolio weight of all funds dedicated to GTES is 0.30%, an increase of 5.47%. Total shares owned by institutions decreased in the last three months by 3.95% to 344,333K shares.
The put/call ratio of GTES is 0.11, indicating a bullish outlook.
What are Other Shareholders Doing?
Allspring Global Investments Holdings holds 14,169K shares representing 5.58% ownership of the company. In its prior filing, the firm reported owning 13,452K shares , representing an increase of 5.06%. The firm decreased its portfolio allocation in GTES by 17.55% over the last quarter.
IJR - iShares Core S&P Small-Cap ETF holds 13,664K shares representing 5.38% ownership of the company. In its prior filing, the firm reported owning 14,048K shares , representing a decrease of 2.81%. The firm increased its portfolio allocation in GTES by 20.64% over the last quarter.
WFMDX - Wells Fargo Special Mid Cap Value Fund Administrator Class holds 9,440K shares representing 3.72% ownership of the company. In its prior filing, the firm reported owning 9,674K shares , representing a decrease of 2.48%. The firm increased its portfolio allocation in GTES by 20.89% over the last quarter.
Jpmorgan Chase holds 8,373K shares representing 3.30% ownership of the company. In its prior filing, the firm reported owning 4,215K shares , representing an increase of 49.66%. The firm increased its portfolio allocation in GTES by 80.07% over the last quarter.
Invesco holds 8,323K shares representing 3.28% ownership of the company. In its prior filing, the firm reported owning 7,861K shares , representing an increase of 5.54%. The firm decreased its portfolio allocation in GTES by 4.73% over the last quarter.
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