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

MBL Wealth LLC purchased a new stake in shares of Gartner, Inc. (NYSE:IT) during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 3,341 shares of the information technology services provider’s stock, valued at approximately $623,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of IT. Isthmus Partners LLC boosted its holdings in Gartner by 1.9% in the 3rd quarter. Isthmus Partners LLC now owns 68,380 shares of the information technology services provider’s stock valued at $12,756,000 after purchasing an additional 1,269 shares during the period. Root Financial Partners LLC bought a new position in shares of Gartner in the third quarter worth $179,000. Cardinal Capital Management increased its holdings in shares of Gartner by 5.4% in the third quarter. Cardinal Capital Management now owns 18,496 shares of the information technology services provider’s stock worth $3,450,000 after purchasing an additional 943 shares during the period. Crossmark Global Holdings Inc. increased its holdings in shares of Gartner by 15.1% in the third quarter. Crossmark Global Holdings Inc. now owns 6,945 shares of the information technology services provider’s stock worth $1,296,000 after purchasing an additional 913 shares during the period. Finally, Capstone Capital Management Ltd purchased a new stake in shares of Gartner in the third quarter worth $387,000. 91.51% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on IT shares. Zacks Research lowered Gartner from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 5th. Royal Bank Of Canada restated a “sector perform” rating and issued a $198.00 target price on shares of Gartner in a research note on Tuesday. Weiss Ratings upgraded Gartner from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, October 9th. BMO Capital Markets raised their price target on Gartner from $206.00 to $212.00 and gave the company a “market perform” rating in a report on Tuesday, October 13th. Finally, The Goldman Sachs Group lifted their price target on Gartner from $162.00 to $181.00 and gave the company a “neutral” rating in a research report on Wednesday, August 5th. One analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $198.50.

Key Gartner News

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

Insider Transactions at Gartner

In related news, 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 sale, the executive vice president owned 6,208 shares in the company, valued at $1,179,892.48. The trade was a 16.26% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Akhil Jain sold 700 shares of the company’s stock in a transaction that occurred on Monday, August 24th. The stock was 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 represents a 7.93% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 6,043 shares of company stock worth $1,172,858. 2.60% of the stock is currently owned by company insiders.

Gartner Price Performance

Shares of Gartner stock traded down $4.19 on Friday, hitting $230.25. 1,195,734 shares of the company traded hands, compared to its average volume of 897,438. The firm’s 50-day simple moving average is $192.47 and its 200 day simple moving average is $165.69. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 46.98. The company has a market cap of $14.54 billion, a P/E ratio of 20.65, a P/E/G ratio of 0.88 and a beta of 0.98. Gartner, Inc. has a 12-month low of $124.25 and a 12-month high of $257.69.

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

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.