Globeflex Capital L P Makes New $343,000 Investment in Gartner, Inc. $IT

Globeflex Capital L P acquired a new stake in shares of Gartner, Inc. (NYSE:ITFree Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 2,648 shares of the information technology services provider’s stock, valued at approximately $343,000.

A number of other institutional investors have also recently made changes to their positions in the company. Brighton Jones LLC bought a new position in Gartner during the fourth quarter valued at approximately $309,000. Sivia Capital Partners LLC bought a new stake in Gartner in the 2nd quarter worth approximately $336,000. Cresset Asset Management LLC raised its holdings in shares of Gartner by 15.2% during the 2nd quarter. Cresset Asset Management LLC now owns 1,446 shares of the information technology services provider’s stock worth $585,000 after acquiring an additional 191 shares in the last quarter. Sei Investments Co. raised its holdings in shares of Gartner by 9.2% during the 2nd quarter. Sei Investments Co. now owns 91,205 shares of the information technology services provider’s stock worth $36,867,000 after acquiring an additional 7,678 shares in the last quarter. Finally, The Manufacturers Life Insurance Company boosted its position in shares of Gartner by 111.5% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 95,301 shares of the information technology services provider’s stock valued at $38,523,000 after acquiring an additional 50,251 shares during the last quarter. Hedge funds and other institutional investors own 91.51% of the company’s stock.

Insider Buying and Selling at Gartner

In related news, Director Anne Sutherland Fuchs sold 860 shares of Gartner stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $184.30, for a total transaction of $158,498.00. Following the completion of the sale, the director owned 8,097 shares in the company, valued at $1,492,277.10. This trade represents a 9.60% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Yvonne Genovese sold 1,205 shares of the business’s stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $190.06, for a total transaction of $229,022.30. Following the completion of the sale, the executive vice president directly owned 6,208 shares of the company’s stock, valued at approximately $1,179,892.48. This trade represents a 16.26% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 2.60% of the stock is currently owned by company insiders.

Gartner News Roundup

Here are the key news stories impacting Gartner this week:

  • Positive Sentiment: Strong quarterly execution and shareholder returns: Gartner recently reported adjusted EPS of $4.37, well above the $3.76 consensus estimate, while revenue also exceeded expectations. Management raised portions of its 2026 outlook and repurchased 3.6 million shares for $547 million; the board authorized another $500 million for buybacks. Gartner gains as investors digest strong Q2 results
  • Positive Sentiment: Positive industry positioning: Analysts at Zacks highlighted Gartner as one of three consulting-services stocks positioned to benefit from healthy demand. The stock has gained about 28% over three months, supported by earnings beats, steady revenue trends and expanded buybacks. Gartner stock gains 28 percent in three months
  • Neutral Sentiment: Industry research is not a direct company catalyst: Gartner research forecasts semiconductor-market revenue of roughly $1.6 trillion in 2026 and sharp growth in memory-chip sales. These reports may reinforce Gartner’s brand and research relevance, but they do not directly change Gartner’s financial outlook. Gartner semiconductor market forecast
  • Negative Sentiment: Profit-taking and conflicting trading signals: After the recent rally, investors may be locking in gains. The latest analyst price targets reported by Quiver Quantitative have a median of $162, below the current trading level, while three Gartner executives sold shares during the past six months and more institutions reduced positions than added them. Gartner trading and institutional activity
  • Negative Sentiment: Limited top-line growth: Recent quarterly revenue was approximately flat year over year, leaving investors focused on whether earnings growth, buybacks and margins can offset slower business expansion.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on IT. Royal Bank Of Canada raised their target price on shares of Gartner from $160.00 to $164.00 and gave the company a “sector perform” rating in a report on Wednesday, August 5th. BMO Capital Markets lowered their price objective on shares of Gartner from $214.00 to $206.00 and set a “market perform” rating for the company in a research report on Tuesday, August 18th. Zacks Research raised shares of Gartner from a “hold” rating to a “strong-buy” rating in a research note on Thursday, August 6th. Weiss Ratings upgraded shares of Gartner from a “sell (d)” rating to a “sell (d+)” rating in a report on Thursday, August 13th. Finally, Wells Fargo & Company upped their target price on shares of Gartner from $120.00 to $150.00 and gave the company an “underweight” rating in a research report on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Gartner has an average rating of “Hold” and an average price target of $187.30.

Get Our Latest Stock Analysis on IT

Gartner Trading Down 3.4%

IT opened at $195.98 on Wednesday. The company has a debt-to-equity ratio of 46.98, a quick ratio of 0.88 and a current ratio of 0.88. The stock’s 50 day moving average price is $153.81 and its 200-day moving average price is $155.40. Gartner, Inc. has a one year low of $124.25 and a one year high of $265.85. The stock has a market cap of $12.38 billion, a price-to-earnings ratio of 17.58, a P/E/G ratio of 0.70 and a beta of 0.94.

Gartner (NYSE:ITGet Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The information technology services provider reported $4.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.76 by $0.61. The company had revenue of $1.68 billion during the quarter, compared to analysts’ expectations of $1.65 billion. Gartner had a return on equity of 525.46% and a net margin of 11.99%.Gartner’s revenue was down .6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $3.53 EPS. Gartner has set its FY 2026 guidance at 14.000- EPS. On average, equities analysts forecast that Gartner, Inc. will post 14.42 EPS for the current year.

About Gartner

(Free Report)

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.

Featured Stories

Want to see what other hedge funds are holding IT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Gartner, Inc. (NYSE:ITFree Report).

Institutional Ownership by Quarter for Gartner (NYSE:IT)

Receive News & Ratings for Gartner Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gartner and related companies with MarketBeat.com's FREE daily email newsletter.