Globeflex Capital L P Invests $343,000 in Gartner, Inc. $IT

Globeflex Capital L P acquired a new stake in shares of Gartner, Inc. (NYSE:IT) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund 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 modified their holdings of IT. BlackRock Inc. bought a new stake in shares of Gartner during the second quarter valued at approximately $676,246,000. J. Stern & Co. LLP boosted its stake in Gartner by 8,182.0% during the 4th quarter. J. Stern & Co. LLP now owns 1,536,890 shares of the information technology services provider’s stock valued at $387,727,000 after purchasing an additional 1,518,333 shares during the last quarter. Norges Bank bought a new stake in shares of Gartner in the 4th quarter worth $299,576,000. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Gartner by 108,812.1% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,025,952 shares of the information technology services provider’s stock worth $258,827,000 after purchasing an additional 1,025,010 shares in the last quarter. Finally, Capital International Investors raised its stake in shares of Gartner by 28.3% in the fourth quarter. Capital International Investors now owns 4,004,093 shares of the information technology services provider’s stock worth $1,010,153,000 after purchasing an additional 884,250 shares during the last quarter. 91.51% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, Director Anne Sutherland Fuchs sold 860 shares of the stock in a transaction dated Friday, August 7th. The stock was 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 approximately $1,492,277.10. This trade represents a 9.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Yvonne Genovese sold 1,205 shares of the business’s stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $190.06, for a total value of $229,022.30. Following the completion of the transaction, the executive vice president directly owned 6,208 shares in the company, valued at approximately $1,179,892.48. This represents a 16.26% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 2.60% of the stock is owned by insiders.

Key Gartner News

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.

Gartner Price Performance

Shares of NYSE:IT opened at $195.98 on Wednesday. The company has a market capitalization of $12.38 billion, a P/E ratio of 17.58, a P/E/G ratio of 0.70 and a beta of 0.94. Gartner, Inc. has a 1-year low of $124.25 and a 1-year high of $265.85. The firm’s 50 day simple moving average is $153.81 and its two-hundred day simple moving average is $155.40. The company has a debt-to-equity ratio of 46.98, a current ratio of 0.88 and a quick ratio of 0.88.

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

Analysts Set New Price Targets

A number of brokerages have weighed in on IT. UBS Group boosted their target price on Gartner from $164.00 to $196.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 5th. Morgan Stanley set a $177.00 price target on shares of Gartner in a research note on Wednesday, August 5th. Wells Fargo & Company increased their price objective 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. Zacks Research raised shares of Gartner from a “hold” rating to a “strong-buy” rating in a research report on Thursday, August 6th. Finally, Truist Financial set a $205.00 price target on Gartner in a research note on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Gartner has an average rating of “Hold” and an average price target of $187.30.

About Gartner

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.