UBS Group AG lifted its position in shares of Gartner, Inc. (NYSE:IT – Free Report) by 0.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 875,457 shares of the information technology services provider’s stock after purchasing an additional 6,528 shares during the quarter. UBS Group AG owned 1.21% of Gartner worth $220,860,000 as of its most recent SEC filing.
A number of other institutional investors have also recently added to or reduced their stakes in the stock. Cresset Asset Management LLC grew its stake in Gartner by 3.3% in the 3rd quarter. Cresset Asset Management LLC now owns 1,493 shares of the information technology services provider’s stock valued at $392,000 after acquiring an additional 47 shares during the period. Shell Asset Management Co. grew its stake in Gartner by 2.7% in the 3rd quarter. Shell Asset Management Co. now owns 2,064 shares of the information technology services provider’s stock valued at $543,000 after acquiring an additional 54 shares during the period. Brown Brothers Harriman & Co. grew its stake in Gartner by 5.8% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 1,019 shares of the information technology services provider’s stock valued at $268,000 after acquiring an additional 56 shares during the period. Rothschild Investment LLC grew its stake in Gartner by 32.1% in the 3rd quarter. Rothschild Investment LLC now owns 255 shares of the information technology services provider’s stock valued at $67,000 after acquiring an additional 62 shares during the period. Finally, Parallel Advisors LLC grew its stake in Gartner by 10.7% in the 3rd quarter. Parallel Advisors LLC now owns 724 shares of the information technology services provider’s stock valued at $190,000 after acquiring an additional 70 shares during the period. Institutional investors and hedge funds own 91.51% of the company’s stock.
Key Stories Impacting Gartner
Here are the key news stories impacting Gartner this week:
- Positive Sentiment: Gartner raised its global IT‑spending outlook for 2026 to $6.31 trillion, citing an AI investment boom. A higher market spending forecast supports greater client budgets for advisory, research and consulting services — a tailwind for Gartner’s subscription and consulting revenue. Gartner lifts 2026 IT spend forecast to $6.31tn on AI boom
- Positive Sentiment: Gartner survey: 85% of service and support leaders are expanding human‑agent responsibilities as AI reduces contact volume — suggesting enterprises still need advisory, workforce transformation and optimization services that Gartner provides. This supports demand for Gartner’s research and consulting revenue streams. Gartner Survey Finds 85% of Service and Support Leaders are Expanding Human Agent Responsibilities
- Neutral Sentiment: Gartner commentary on regional impacts: the firm warns that while global AI spending rises, some markets (e.g., Indian IT service providers) may face margin pressure as clients demand cost savings from AI — a nuance that could moderate upside for some client segments but doesn’t directly alter Gartner’s core subscription model. AI drives global IT spending to $6.31 trillion, but Indian IT firms face a margin squeeze, warns Gartner
- Negative Sentiment: Multiple law firms have filed or issued investor alerts alleging securities fraud and encouraging investors to join or seek lead‑plaintiff status for a class action covering purchases between Feb. 4, 2025 and Feb. 2, 2026; firms cite alleged misrepresentations (including inflated growth/contract metrics) and set a May 18, 2026 lead‑plaintiff deadline. This cluster of suits increases potential legal liability, settlement risk and management distraction — a material near‑term headline risk for the stock. IT DEADLINE ALERT: Faruqi & Faruqi, LLP Reminds Gartner (IT) Investors of Securities Class Action Deadline on May 18, 2026
Gartner Trading Up 0.8%
Gartner (NYSE:IT – Get Free Report) last announced its quarterly earnings data on Tuesday, February 3rd. The information technology services provider reported $3.94 earnings per share for the quarter, beating analysts’ consensus estimates of $3.50 by $0.44. The company had revenue of $1.75 billion for the quarter, compared to analyst estimates of $1.75 billion. Gartner had a return on equity of 102.20% and a net margin of 11.22%.The firm’s revenue for the quarter was up 2.2% on a year-over-year basis. During the same quarter last year, the firm posted $5.45 EPS. Gartner has set its FY 2026 guidance at 12.300- EPS. Research analysts expect that Gartner, Inc. will post 13.3 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
IT has been the topic of a number of research analyst reports. Morgan Stanley dropped their price target on shares of Gartner from $275.00 to $200.00 and set an “equal weight” rating on the stock in a research note on Wednesday, February 4th. Royal Bank Of Canada set a $175.00 price target on shares of Gartner in a research note on Wednesday, February 4th. Robert W. Baird set a $240.00 price target on shares of Gartner in a research note on Wednesday, February 4th. Deutsche Bank Aktiengesellschaft set a $204.00 price target on shares of Gartner in a research note on Wednesday, February 4th. Finally, Wells Fargo & Company dropped their price target on shares of Gartner from $150.00 to $140.00 and set an “underweight” rating on the stock in a research note on Friday, March 27th. Two investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $180.40.
Get Our Latest Research Report on Gartner
Gartner Company Profile
Gartner, Inc is a global research and advisory firm that provides insights, advice and tools for leaders in IT, finance, HR, customer service and other business functions. Founded in 1979 and headquartered in Stamford, Connecticut, Gartner specializes in helping organizations make informed decisions about technology, operations and strategy through a combination of published research, advisory services, consulting, executive programs and events.
The company’s offerings include proprietary research reports, market forecasts, and analytical frameworks that are widely used by technology buyers and vendors.
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