Marshall Financial Group LLC Acquires New Position in Gartner, Inc. $IT

Marshall Financial Group LLC acquired a new stake in Gartner, Inc. (NYSE:IT) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 3,329 shares of the information technology services provider’s stock, valued at approximately $840,000.

A number of other hedge funds have also added to or reduced their stakes in IT. Osterweis Capital Management Inc. purchased a new position in shares of Gartner during the second quarter worth approximately $48,000. True Wealth Design LLC increased its holdings in Gartner by 1,130.8% during the 3rd quarter. True Wealth Design LLC now owns 160 shares of the information technology services provider’s stock worth $42,000 after purchasing an additional 147 shares during the period. Aventura Private Wealth LLC bought a new stake in Gartner during the 4th quarter valued at $40,000. Versant Capital Management Inc lifted its holdings in shares of Gartner by 1,284.6% in the 3rd quarter. Versant Capital Management Inc now owns 180 shares of the information technology services provider’s stock worth $47,000 after buying an additional 167 shares during the period. Finally, Caldwell Trust Co purchased a new stake in shares of Gartner in the 2nd quarter worth $81,000. 91.51% of the stock is currently owned by institutional investors.

Gartner Trading Up 0.8%

Shares of NYSE IT opened at $162.73 on Tuesday. Gartner, Inc. has a 1-year low of $139.18 and a 1-year high of $451.73. The business has a fifty day moving average price of $179.53 and a 200 day moving average price of $220.92. The stock has a market capitalization of $11.46 billion, a P/E ratio of 16.86, a price-to-earnings-growth ratio of 1.62 and a beta of 1.08. The company has a debt-to-equity ratio of 9.30, a current ratio of 1.00 and a quick ratio of 1.00.

Gartner (NYSE:IT) last posted its earnings results on Tuesday, February 3rd. The information technology services provider reported $3.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.50 by $0.44. The company had revenue of $1.75 billion for the quarter, compared to analyst estimates of $1.75 billion. Gartner had a return on equity of 102.20% and a net margin of 11.22%.The firm’s quarterly revenue was up 2.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $5.45 earnings per share. Gartner has set its FY 2026 guidance at 12.300- EPS. Equities research analysts expect that Gartner, Inc. will post 12.5 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the company. Morgan Stanley cut their price target on Gartner from $275.00 to $200.00 and set an “equal weight” rating on the stock in a research note on Wednesday, February 4th. UBS Group set a $180.00 price objective on shares of Gartner in a research note on Wednesday, February 4th. Robert W. Baird set a $240.00 target price on shares of Gartner in a research report on Wednesday, February 4th. The Goldman Sachs Group restated a “buy” rating and issued a $220.00 price target on shares of Gartner in a report on Thursday, February 5th. Finally, Royal Bank Of Canada set a $175.00 price target on shares of Gartner in a research report on Wednesday, February 4th. Three research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $190.70.

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.