The Manufacturers Life Insurance Company lowered its stake in Gartner, Inc. (NYSE:IT – Free Report) by 78.2% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 49,136 shares of the information technology services provider’s stock after selling 175,863 shares during the period. The Manufacturers Life Insurance Company’s holdings in Gartner were worth $7,780,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds also recently modified their holdings of IT. Physician Wealth Advisors Inc. grew its holdings in shares of Gartner by 143.9% in the 4th quarter. Physician Wealth Advisors Inc. now owns 100 shares of the information technology services provider’s stock worth $25,000 after acquiring an additional 59 shares during the last quarter. DV Equities LLC purchased a new stake in shares of Gartner during the fourth quarter valued at $25,000. Rakuten Securities Inc. boosted its position in shares of Gartner by 1,980.0% in the 4th quarter. Rakuten Securities Inc. now owns 104 shares of the information technology services provider’s stock valued at $26,000 after purchasing an additional 99 shares during the period. Entrust Financial LLC purchased a new position in Gartner in the 4th quarter worth about $26,000. Finally, Bell Investment Advisors Inc raised its holdings in Gartner by 75.5% during the 1st quarter. Bell Investment Advisors Inc now owns 172 shares of the information technology services provider’s stock worth $27,000 after buying an additional 74 shares during the period. Institutional investors and hedge funds own 91.51% of the company’s stock.
Analyst Upgrades and Downgrades
Several research analysts have commented on IT shares. Royal Bank Of Canada decreased their target price on shares of Gartner from $175.00 to $160.00 and set a “sector perform” rating for the company in a report on Wednesday, May 6th. Morgan Stanley reduced their price target on shares of Gartner from $183.00 to $173.00 and set an “equal weight” rating for the company in a research report on Friday, July 10th. The Goldman Sachs Group set a $162.00 price objective on shares of Gartner in a research note on Tuesday, May 5th. Wells Fargo & Company lowered their price objective on shares of Gartner from $140.00 to $120.00 and set an “underweight” rating on the stock in a research report on Wednesday, June 24th. Finally, Weiss Ratings downgraded shares of Gartner from a “sell (d+)” rating to a “sell (d)” rating in a research note on Friday. Two analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $173.10.
Gartner Stock Performance
IT stock opened at $185.55 on Wednesday. The firm has a 50 day simple moving average of $144.99 and a 200 day simple moving average of $158.40. Gartner, Inc. has a 52 week low of $124.25 and a 52 week high of $265.85. The stock has a market cap of $12.42 billion, a P/E ratio of 18.33, a P/E/G ratio of 0.84 and a beta of 0.94. The company has a debt-to-equity ratio of 46.98, a quick ratio of 0.94 and a current ratio of 0.94.
Gartner (NYSE:IT – Get Free Report) last released its earnings results 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 company had revenue of $1.68 billion during the quarter, compared to the consensus estimate of $1.65 billion. Gartner had a net margin of 11.44% and a return on equity of 161.39%. The company’s revenue was down .6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $3.53 EPS. Gartner has set its FY 2026 guidance at 14.000- EPS. Research analysts anticipate that Gartner, Inc. will post 13.61 earnings per share for the current fiscal year.
Key Gartner News
Here are the key news stories impacting Gartner this week:
- Positive Sentiment: Q2 earnings and sales beat expectations. Gartner reported adjusted EPS of $4.37, above the $3.76 consensus, while revenue of approximately $1.68 billion exceeded estimates of $1.65 billion. Adjusted EPS rose 23.8% year over year, and reported diluted EPS increased to $4.14 from $3.11. Gartner posts better-than-expected sales in Q2
- Positive Sentiment: Gartner raised its 2026 outlook. Management now expects adjusted EPS of at least $14, above the roughly $13.69 analyst consensus, and also increased adjusted EBITDA and free-cash-flow guidance. Gartner Q2 earnings beat estimates and 2026 outlook raised
- Positive Sentiment: Buybacks provided additional support. Gartner repurchased 3.6 million shares for $547 million during the quarter, and the board authorized another $500 million for future repurchases, potentially boosting per-share results and signaling management confidence. Gartner stock surges after Q2 beat, higher outlook and buyback boost
- Positive Sentiment: Contract value trends improved. Total contract value reached $5.3 billion, up 1.7% year over year on an FX-neutral basis, with management citing renewed acceleration. Adjusted revenue and EBITDA also grew despite challenging comparisons. Gartner signals 2026 adjusted EPS at or above $14
- Neutral Sentiment: Reported revenue remained soft. Quarterly revenue declined 0.6% year over year to $1.676 billion, although net income, operating cash flow and free cash flow all improved.
- Negative Sentiment: A shareholder law firm announced an investigation into potential fiduciary-duty breaches by Gartner directors and officers. The announcement does not establish wrongdoing but introduces a legal and governance overhang. Gartner shareholder investigation alert
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.
Featured Articles
- Five stocks we like better than Gartner
- System Upgrade: First Internet Bancorp Options Surge
- AI Security Breaches Raise New Risks for Microsoft and Amazon’s Agent Push
- The AI Chip Blockade Is Creating a Shadow Market
- Grab Holdings Stock Forms Bottom After Strong Beat-and-Raise Quarter
Want to see what other hedge funds are holding IT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Gartner, Inc. (NYSE:IT – Free Report).
Receive News & Ratings for Gartner Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gartner and related companies with MarketBeat.com's FREE daily email newsletter.
