Gartner, Inc. $IT Shares Newly Purchased by MBL Wealth LLC

MBL Wealth LLC acquired a new position in Gartner, Inc. (NYSE:IT) during the 3rd quarter, HoldingsChannel.com reports. The firm acquired 3,341 shares of the information technology services provider’s stock, valued at approximately $623,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of IT. Bamco Inc. NY purchased a new stake in Gartner during the 2nd quarter valued at about $985,243,000. BlackRock Inc. bought a new position in Gartner during the 2nd quarter worth approximately $676,246,000. Bank of America Corp DE purchased a new position in Gartner in the 2nd quarter worth approximately $117,661,000. Madison Asset Management LLC purchased a new position in Gartner in the 2nd quarter worth approximately $74,481,000. Finally, Bank of New York Mellon Corp purchased a new position in Gartner in the 2nd quarter worth approximately $51,262,000. Institutional investors own 91.51% of the company’s stock.

Gartner Trading Down 1.8%

Shares of IT traded down $4.19 during mid-day trading on Friday, hitting $230.25. 1,195,734 shares of the company’s stock traded hands, compared to its average volume of 897,438. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 46.98. Gartner, Inc. has a 1 year low of $124.25 and a 1 year high of $257.69. The firm has a market capitalization of $14.54 billion, a P/E ratio of 20.65, a PEG ratio of 0.88 and a beta of 0.98. The business’s 50-day moving average price is $192.47 and its 200-day moving average price is $165.69.

Gartner (NYSE:IT) last announced its earnings results on Tuesday, August 4th. The information technology services provider reported $4.37 EPS for the quarter, beating analysts’ consensus estimates of $3.76 by $0.61. Gartner had a return on equity of 525.46% and a net margin of 11.99%. The company had revenue of $1.68 billion during the quarter, compared to the consensus estimate of $1.65 billion. During the same quarter in the prior year, the company earned $3.53 earnings per share. The firm’s revenue for the quarter was down .6% on a year-over-year basis. Gartner has set its FY 2026 guidance at 14.000- EPS. As a group, sell-side analysts forecast that Gartner, Inc. will post 14.39 EPS for the current fiscal year.

Insider Activity at Gartner

In other news, EVP Akhil Jain sold 700 shares of the firm’s stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $201.73, for a total value of $141,211.00. Following the completion of the sale, the executive vice president directly owned 8,130 shares of the company’s stock, valued at approximately $1,640,064.90. This trade represents a 7.93% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Yvonne Genovese sold 1,205 shares of Gartner 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 sale, the executive vice president directly owned 6,208 shares in the company, valued at $1,179,892.48. The trade was a 16.26% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 6,043 shares of company stock valued at $1,172,858 in the last 90 days. 2.60% of the stock is owned by company insiders.

Gartner News Roundup

Here are the key news stories impacting Gartner this week:

• Positive Sentiment: Gartner forecast 15% global information-technology spending growth and highlighted major technology trends for 2027, including agentic AI and other emerging technologies. Strong spending expectations could support demand for Gartner’s research, advisory and consulting services. Gartner forecasts 15% global IT spending growth Gartner’s Top 10 Strategic Technology Trends For 2027
• Positive Sentiment: Gartner’s Magic Quadrant reports continued to feature technology vendors such as Gainsight, Muck Rack and Shopware as Leaders or Visionaries. These announcements reinforce Gartner’s market authority and the value vendors place on its evaluations, although they do not represent direct contracts or revenue for Gartner. Gainsight named a Leader Gartner unveils top technology trends
• Neutral Sentiment: Coverage comparing Gartner’s five-year stock performance with IBM provides investor context but does not identify a new operating catalyst or change to Gartner’s outlook. Why IBM Stock Beat Gartner Over Five Years
• Negative Sentiment: Only 13% of surveyed CIOs reportedly see major value from AI, while few have established rules for abandoning unsuccessful initiatives. The findings could temper near-term AI-related technology spending and make investors more cautious about Gartner’s growth outlook. Only 13% of CIOs See Major AI Value
• Negative Sentiment: A Gartner forecast was cited as contributing to a sharp selloff in Nebius, highlighting the potential market impact of Gartner’s technology outlooks. While this is not a direct negative for Gartner’s earnings, it may increase scrutiny of forecast accuracy and the broader AI investment cycle. Nebius selloff and Gartner forecast

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on IT. Wells Fargo & Company boosted their price objective on Gartner from $150.00 to $175.00 and gave the company an “underweight” rating in a research report on Tuesday. Zacks Research cut shares of Gartner from a “strong-buy” rating to a “hold” rating in a report on Monday, October 5th. BMO Capital Markets lifted their target price on shares of Gartner from $206.00 to $212.00 and gave the stock a “market perform” rating in a research note on Tuesday, October 13th. Truist Financial increased their price target on shares of Gartner from $205.00 to $235.00 and gave the company a “buy” rating in a research report on Tuesday. Finally, Royal Bank Of Canada reissued a “sector perform” rating and issued a $198.00 price target on shares of Gartner in a report on Tuesday. One analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $198.50.

About Gartner

Gartner, Inc is a global research and advisory company that provides information, analysis and guidance to business leaders, technology professionals and public-sector organizations. Its work focuses on helping clients evaluate technology markets, develop business strategies, manage risk and make decisions about digital transformation and other organizational priorities.

The company delivers its services through research and advisory programs, consulting engagements, executive guidance and conferences.