Gates Industrial Corp PLC

Auxier Asset Management highlighted Gates Industrial as a tech-facing industrial that gained from accelerating AI buildout, noting increased demand for energy generation and cooling capacity in data centers. The firm cited strong sector performance in Q2 2026 and included Gates among companies that indirectly benefited from AI-driven capital spending. Gates shares recently traded near $25.42 with a market capitalization around $6.44 billion. » More on finance.yahoo.com

At the Jefferies Global Industrials Conference, Gates presented a tighter growth and margin story: revenue guidance was raised by 100 basis points with organic growth of 5.5% in Q3 and 6.5% in Q4 2026. Management expects EBITDA margins in H2 2026 to exceed 23.5% and cites drivers in personal mobility, data centers and a stable automotive aftermarket. The ERP migration is complete, leverage is about 1.8x, M&A is a priority; a more comprehensive update will follow at the investor day on 19 November 2026. Gates also plans to relocate its domicile to Bermuda to simplify the structure. » More on de.investing.com

Gates Industrial’s shares rose to an all-time high of $29.18, pushing market capitalization to about $7.37 billion. The stock is up 18.22% over the past year and 30.32% year-to-date; the P/E (PEG) ratio is 0.25. Gates reported adjusted Q2 earnings of $0.44 per share on revenue of $941.6 million and raised its full-year guidance due to improved demand. An analysis notes the stock is trading near its 52-week high, and InvestingPro may consider the shares overvalued at current levels. » More on de.investing.com