Villanova Investment Management Co acquired a new position in Gartner, Inc. (NYSE:IT – Free Report) during the third quarter, according to its most recent 13F filing with the SEC. The firm acquired 8,420 shares of the information technology services provider’s stock, valued at approximately $1,571,000.
Several other hedge funds and other institutional investors have also modified their holdings of the company. Commonwealth Equity Services LLC grew its holdings in shares of Gartner by 16.4% during the 3rd quarter. Commonwealth Equity Services LLC now owns 11,691 shares of the information technology services provider’s stock worth $2,181,000 after purchasing an additional 1,646 shares during the period. Collaborative Fund Advisors LLC purchased a new position in Gartner in the third quarter valued at approximately $284,000. Northeast Investment Management lifted its position in Gartner by 175.0% during the third quarter. Northeast Investment Management now owns 5,500 shares of the information technology services provider’s stock valued at $1,026,000 after buying an additional 3,500 shares in the last quarter. Chicago Partners Investment Group LLC lifted its position in Gartner by 41.3% during the third quarter. Chicago Partners Investment Group LLC now owns 6,818 shares of the information technology services provider’s stock valued at $1,570,000 after buying an additional 1,992 shares in the last quarter. Finally, Provenance Wealth Advisors LLC purchased a new stake in Gartner during the third quarter worth approximately $36,000. 91.51% of the stock is owned by institutional investors and hedge funds.
Gartner Stock Performance
Shares of NYSE:IT opened at $198.03 on Friday. The business’s 50-day simple moving average is $197.39 and its 200 day simple moving average is $169.73. The company has a market cap of $12.51 billion, a P/E ratio of 13.61, a PEG ratio of 0.75 and a beta of 0.92. The company has a debt-to-equity ratio of 46.98, a quick ratio of 0.88 and a current ratio of 0.91. Gartner, Inc. has a one year low of $124.25 and a one year high of $256.89.
Gartner (NYSE:IT – Get Free Report) last released its quarterly earnings results on Tuesday, November 3rd. The information technology services provider reported $3.59 earnings per share for the quarter, topping analysts’ consensus estimates of $2.84 by $0.75. Gartner had a return on equity of 2,287.71% and a net margin of 14.81%. The firm had revenue of $1.50 billion during the quarter, compared to analysts’ expectations of $1.49 billion. During the same quarter in the prior year, the business earned $2.76 EPS. Gartner’s quarterly revenue was down 1.2% compared to the same quarter last year. On average, sell-side analysts forecast that Gartner, Inc. will post 15.00 earnings per share for the current fiscal year.
Insider Activity at Gartner
In other Gartner news, EVP Robin B. Kranich sold 3,278 shares of the business’s stock in a transaction on Thursday, August 27th. The shares were sold at an average price of $196.50, for a total value of $644,127.00. Following the transaction, the executive vice president owned 20,358 shares in the company, valued at $4,000,347. The trade was a 13.87% 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 company’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 transaction, the executive vice president directly owned 6,208 shares of the company’s stock, valued at approximately $1,179,892.48. The trade was a 16.26% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 5,183 shares of company stock valued at $1,014,360. Corporate insiders own 2.60% of the company’s stock.
Trending Headlines about Gartner
Here are the key news stories impacting Gartner this week:
- Positive Sentiment: Gartner received a Zacks Rank upgrade to Buy, reflecting improving optimism about its earnings prospects. Gartner Upgraded to Buy
- Positive Sentiment: In its third-quarter report, Gartner beat analyst estimates for earnings and revenue and raised its 2026 outlook, providing some support for the investment case. Gartner Stock in Focus After Earnings Beat and Higher 2026 Outlook
- Neutral Sentiment: Several firms raised their price targets but kept neutral or equal-weight ratings, signaling some potential upside while stopping short of a bullish call. UBS Group coverage
- Negative Sentiment: Truist cut its rating from Buy to Hold and lowered its price target, citing weak third-quarter results. The downgrade adds to investor caution. Gartner Stock Rating Cut to Hold at Truist Financial
- Negative Sentiment: Despite the quarterly beat and raised outlook, analysts highlighted slower contract-value recovery, longer sales cycles and rising costs. Concerns that cheaper AI services could threaten Gartner’s business have also weighed on sentiment. Gartner Q3 Earnings Call Highlights Slower Growth Recovery
Wall Street Analysts Forecast Growth
Several research firms have recently issued reports on IT. Morgan Stanley increased their price objective on shares of Gartner from $182.00 to $192.00 and gave the stock an “equal weight” rating in a research report on Wednesday. Weiss Ratings downgraded shares of Gartner from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, October 26th. Barclays lowered shares of Gartner from an “overweight” rating to an “underweight” rating and set a $185.00 target price on the stock. in a report on Friday. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $198.00 price target on shares of Gartner in a research report on Tuesday, October 20th. Finally, Wells Fargo & Company upped their price target on shares of Gartner from $150.00 to $175.00 and gave the stock an “underweight” rating in a research report on Tuesday, October 20th. Seven investment analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, Gartner presently has an average rating of “Reduce” and a consensus price target of $206.20.
View Our Latest Stock Analysis on IT
Gartner Company Profile
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.
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