William Blair Has Pessimistic Outlook of Gartner Q1 Earnings

Gartner, Inc. (NYSE:IT) – Equities research analysts at William Blair reduced their Q1 2025 earnings per share (EPS) estimates for shares of Gartner in a report issued on Wednesday, February 5th. William Blair analyst A. Nicholas now forecasts that the information technology services provider will earn $2.75 per share for the quarter, down from their prior forecast of $2.98. The consensus estimate for Gartner’s current full-year earnings is $11.87 per share. William Blair also issued estimates for Gartner’s Q2 2025 earnings at $3.40 EPS, Q2 2026 earnings at $3.79 EPS, Q3 2026 earnings at $3.12 EPS, Q4 2026 earnings at $4.15 EPS and FY2026 earnings at $14.13 EPS.

Gartner (NYSE:IT) last announced its earnings results on Tuesday, February 4th. The information technology services provider reported $5.45 earnings per share for the quarter, beating the consensus estimate of $3.22 by $2.23. Gartner had a net margin of 17.33% and a return on equity of 118.27%. The business had revenue of $1.72 billion during the quarter, compared to the consensus estimate of $1.69 billion. During the same period in the prior year, the firm earned $3.04 earnings per share. The business’s quarterly revenue was up 8.1% compared to the same quarter last year.

Several other research analysts have also recently commented on the company. StockNews.com cut Gartner from a “buy” rating to a “hold” rating in a research note on Tuesday. Robert W. Baird upped their target price on Gartner from $579.00 to $605.00 and gave the company an “outperform” rating in a research report on Wednesday. Barclays raised shares of Gartner from an “equal weight” rating to an “overweight” rating and raised their price target for the stock from $525.00 to $600.00 in a research report on Friday, January 10th. Deutsche Bank Aktiengesellschaft upped their price target on shares of Gartner from $529.00 to $531.00 and gave the company a “hold” rating in a report on Wednesday, November 6th. Finally, Morgan Stanley decreased their price objective on shares of Gartner from $564.00 to $555.00 and set an “equal weight” rating for the company in a report on Thursday, January 16th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $552.63.

Gartner Stock Performance

NYSE:IT opened at $541.37 on Thursday. The firm has a 50-day moving average of $509.41 and a two-hundred day moving average of $505.86. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.02 and a quick ratio of 1.02. The stock has a market cap of $41.76 billion, a P/E ratio of 39.92, a PEG ratio of 3.37 and a beta of 1.34. Gartner has a 1-year low of $411.15 and a 1-year high of $584.01.

Hedge Funds Weigh In On Gartner

Several hedge funds and other institutional investors have recently modified their holdings of IT. Baron Wealth Management LLC increased its position in Gartner by 4.1% in the 3rd quarter. Baron Wealth Management LLC now owns 481 shares of the information technology services provider’s stock valued at $244,000 after acquiring an additional 19 shares during the period. Howard Capital Management Inc. grew its stake in shares of Gartner by 4.4% in the fourth quarter. Howard Capital Management Inc. now owns 452 shares of the information technology services provider’s stock worth $219,000 after purchasing an additional 19 shares in the last quarter. Fortitude Family Office LLC increased its holdings in shares of Gartner by 23.8% during the third quarter. Fortitude Family Office LLC now owns 104 shares of the information technology services provider’s stock valued at $53,000 after purchasing an additional 20 shares during the period. Gilbert & Cook Inc. raised its stake in shares of Gartner by 1.5% during the fourth quarter. Gilbert & Cook Inc. now owns 1,364 shares of the information technology services provider’s stock valued at $661,000 after purchasing an additional 20 shares in the last quarter. Finally, Harbor Capital Advisors Inc. lifted its holdings in Gartner by 2.5% in the fourth quarter. Harbor Capital Advisors Inc. now owns 917 shares of the information technology services provider’s stock worth $444,000 after purchasing an additional 22 shares during the period. Institutional investors and hedge funds own 91.51% of the company’s stock.

Insider Buying and Selling at Gartner

In other news, EVP William James Wartinbee III sold 189 shares of the company’s stock in a transaction that occurred on Friday, December 6th. The stock was sold at an average price of $523.54, for a total transaction of $98,949.06. Following the completion of the transaction, the executive vice president now directly owns 7,311 shares of the company’s stock, valued at approximately $3,827,600.94. This represents a 2.52 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director James C. Smith sold 2,450 shares of the stock in a transaction that occurred on Monday, November 11th. The stock was sold at an average price of $554.68, for a total value of $1,358,966.00. Following the sale, the director now owns 529,844 shares in the company, valued at $293,893,869.92. The trade was a 0.46 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 25,583 shares of company stock worth $13,884,374 over the last 90 days. Insiders own 3.60% of the company’s stock.

About Gartner

Gartner, Inc operates as a research and advisory company in the United States, Canada, Europe, the Middle East, Africa, and internationally. It operates through three segments: Research, Conferences, and Consulting. The Research segment delivers its research primarily through a subscription service that include on-demand access to published research content, data and benchmarks, and direct access to a network of research experts.