Marshall Financial Group LLC Buys New Stake in Gartner, Inc. $IT

Marshall Financial Group LLC bought a new stake in Gartner, Inc. (NYSE:IT) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 3,329 shares of the information technology services provider’s stock, valued at approximately $840,000.

Several other institutional investors and hedge funds have also bought and sold shares of IT. True Wealth Design LLC increased its position in shares of Gartner by 161.9% during the fourth quarter. True Wealth Design LLC now owns 419 shares of the information technology services provider’s stock worth $106,000 after purchasing an additional 259 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in shares of Gartner by 38.2% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 30,797 shares of the information technology services provider’s stock worth $7,555,000 after purchasing an additional 8,506 shares in the last quarter. NorthCrest Asset Manangement LLC grew its stake in Gartner by 136.8% during the 4th quarter. NorthCrest Asset Manangement LLC now owns 3,055 shares of the information technology services provider’s stock worth $731,000 after buying an additional 1,765 shares during the last quarter. Wedmont Private Capital grew its stake in Gartner by 25.2% during the 4th quarter. Wedmont Private Capital now owns 1,053 shares of the information technology services provider’s stock worth $259,000 after buying an additional 212 shares during the last quarter. Finally, Aventura Private Wealth LLC acquired a new position in Gartner during the 4th quarter valued at about $40,000. 91.51% of the stock is owned by hedge funds and other institutional investors.

Gartner Stock Up 0.8%

Gartner stock opened at $162.73 on Tuesday. The business’s 50-day simple moving average is $179.53 and its two-hundred day simple moving average is $220.92. The company has a debt-to-equity ratio of 9.30, a quick ratio of 1.00 and a current ratio of 1.00. The company has a market cap of $11.46 billion, a PE ratio of 16.86, a PEG ratio of 1.62 and a beta of 1.08. Gartner, Inc. has a fifty-two week low of $139.18 and a fifty-two week high of $451.73.

Gartner (NYSE:IT) last announced its quarterly earnings data on Tuesday, February 3rd. The information technology services provider reported $3.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.50 by $0.44. Gartner had a return on equity of 102.20% and a net margin of 11.22%.The firm had revenue of $1.75 billion during the quarter, compared to analysts’ expectations of $1.75 billion. During the same period last year, the business posted $5.45 earnings per share. The company’s revenue for the quarter was up 2.2% compared to the same quarter last year. Gartner has set its FY 2026 guidance at 12.300- EPS. Equities analysts anticipate that Gartner, Inc. will post 12.5 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. Robert W. Baird set a $240.00 price target on Gartner in a research note on Wednesday, February 4th. UBS Group set a $180.00 price objective on shares of Gartner in a report on Wednesday, February 4th. Morgan Stanley lowered their target price on shares of Gartner from $275.00 to $200.00 and set an “equal weight” rating for the company in a research note on Wednesday, February 4th. Royal Bank Of Canada set a $175.00 target price on shares of Gartner in a research report on Wednesday, February 4th. Finally, Wells Fargo & Company cut their price target on shares of Gartner from $218.00 to $150.00 and set an “underweight” rating on the stock in a research note on Wednesday, February 4th. Three equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, Gartner presently has a consensus rating of “Hold” and an average target price of $190.70.

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.