VIRGINIA RETIREMENT SYSTEMS ET Al Increases Stock Holdings in Gartner, Inc. $IT

VIRGINIA RETIREMENT SYSTEMS ET Al lifted its stake in shares of Gartner, Inc. (NYSE:IT) by 102.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 65,754 shares of the information technology services provider’s stock after buying an additional 33,200 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Gartner were worth $16,588,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the stock. Valeo Financial Advisors LLC boosted its position in shares of Gartner by 8.8% during the fourth quarter. Valeo Financial Advisors LLC now owns 839 shares of the information technology services provider’s stock valued at $212,000 after buying an additional 68 shares during the last quarter. Swiss Life Asset Management Ltd boosted its position in shares of Gartner by 16.2% during the fourth quarter. Swiss Life Asset Management Ltd now owns 54,812 shares of the information technology services provider’s stock valued at $13,828,000 after buying an additional 7,647 shares during the last quarter. Drive Wealth Management LLC purchased a new position in shares of Gartner during the fourth quarter valued at approximately $279,000. Pure Financial Advisors LLC boosted its position in shares of Gartner by 9.7% during the fourth quarter. Pure Financial Advisors LLC now owns 2,617 shares of the information technology services provider’s stock valued at $660,000 after buying an additional 231 shares during the last quarter. Finally, Plato Investment Management Ltd boosted its position in shares of Gartner by 293.4% during the fourth quarter. Plato Investment Management Ltd now owns 9,002 shares of the information technology services provider’s stock valued at $2,282,000 after buying an additional 6,714 shares during the last quarter. Hedge funds and other institutional investors own 91.51% of the company’s stock.

Gartner Stock Down 5.5%

IT stock opened at $144.59 on Thursday. The stock’s fifty day simple moving average is $156.01 and its two-hundred day simple moving average is $196.97. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 46.98. Gartner, Inc. has a 1-year low of $139.18 and a 1-year high of $450.60. The stock has a market cap of $10.19 billion, a P/E ratio of 14.29, a P/E/G ratio of 0.84 and a beta of 0.91.

Gartner (NYSE:IT) last posted its quarterly earnings data on Tuesday, May 5th. The information technology services provider reported $3.32 earnings per share for the quarter, topping the consensus estimate of $2.99 by $0.33. Gartner had a return on equity of 161.39% and a net margin of 11.44%.The business had revenue of $1.49 billion for the quarter, compared to analysts’ expectations of $1.51 billion. During the same quarter in the previous year, the firm earned $2.98 earnings per share. The business’s revenue was down 1.5% on a year-over-year basis. Gartner has set its FY 2026 guidance at 13.250- EPS. Analysts expect that Gartner, Inc. will post 13.7 EPS for the current year.

Key Headlines Impacting Gartner

Here are the key news stories impacting Gartner this week:

• Neutral Sentiment: Several firms, including Rosen, Faruqi & Faruqi, Glancy Prongay Wolke & Rotter, and Pomerantz, reminded investors about the May 18 lead-plaintiff deadline in the Gartner securities class action.
• Neutral Sentiment: The lawsuit covers investors who purchased Gartner stock during the class period from February 4, 2025 to February 2, 2026, and alleges securities-law violations; however, these announcements are procedural updates rather than new operational news.
• Neutral Sentiment: A separate article noted Gartner’s view on sovereign cloud infrastructure, saying it is only possible in the U.S. and China, but this appears more like an industry commentary item than a direct company-specific catalyst.
• Negative Sentiment: The concentration of legal notices and class-action marketing suggests heightened litigation risk and may be contributing to weaker investor sentiment toward Gartner shares.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on IT shares. Weiss Ratings cut Gartner from a “sell (d+)” rating to a “sell (d)” rating in a research report on Monday, May 4th. UBS Group boosted their price objective on Gartner from $166.00 to $170.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 6th. Deutsche Bank Aktiengesellschaft set a $204.00 price objective on Gartner in a research report on Wednesday, February 4th. Wells Fargo & Company cut their price objective on Gartner from $150.00 to $140.00 and set an “underweight” rating on the stock in a research report on Friday, March 27th. Finally, Truist Financial cut their price objective on Gartner from $300.00 to $170.00 and set a “buy” rating on the stock in a research report on Friday, February 6th. 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. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $176.70.

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.