Tejara Capital Ltd purchased a new position in shares of Gartner, Inc. (NYSE:IT – Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 6,400 shares of the information technology services provider’s stock, valued at approximately $1,615,000.
Several other hedge funds and other institutional investors have also bought and sold shares of the business. Independent Franchise Partners LLP bought a new stake in shares of Gartner during the 3rd quarter worth $840,166,000. Capital International Investors bought a new position in Gartner during the third quarter valued at about $820,113,000. Bamco Inc. NY grew its position in Gartner by 18.3% during the third quarter. Bamco Inc. NY now owns 4,322,113 shares of the information technology services provider’s stock valued at $1,136,154,000 after buying an additional 669,352 shares during the period. AQR Capital Management LLC increased its holdings in Gartner by 88.7% during the third quarter. AQR Capital Management LLC now owns 1,245,952 shares of the information technology services provider’s stock worth $326,278,000 after buying an additional 585,766 shares during the last quarter. Finally, Vanguard Group Inc. raised its position in Gartner by 5.3% in the third quarter. Vanguard Group Inc. now owns 10,082,185 shares of the information technology services provider’s stock worth $2,650,304,000 after acquiring an additional 509,902 shares during the period. Hedge funds and other institutional investors own 91.51% of the company’s stock.
Key Headlines Impacting Gartner
Here are the key news stories impacting Gartner this week:
- Negative Sentiment: Multiple law firms, including Glancy Prongay Wolke & Rotter, Rosen Law Firm, Bernstein Liebhard, the Schall Law Firm, DJS Law Group, and Faruqi & Faruqi, reiterated that investors who bought Gartner shares between February 4, 2025 and February 2, 2026 may join a securities fraud class action, with a May 18 lead-plaintiff deadline. These repeated legal notices can weigh on sentiment by highlighting litigation risk and potential costs. Article Title
- Neutral Sentiment: Several industry commentary pieces focused on Gartner’s view of AI and cloud-sovereignty trends, including claims that AI is not yet replacing the broader information-services sector and that sovereign cloud remains limited. These articles are more thematic than company-specific and are less likely to move the stock materially on their own. Article Title
Gartner Price Performance
Gartner (NYSE:IT – Get Free Report) last released its quarterly earnings data on Tuesday, May 5th. The information technology services provider reported $3.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.99 by $0.33. Gartner had a return on equity of 161.39% and a net margin of 11.44%.The company had revenue of $1.49 billion for the quarter, compared to analyst estimates of $1.51 billion. During the same period in the previous year, the company posted $2.98 EPS. The firm’s revenue for the quarter was down 1.5% compared to the same quarter last year. Gartner has set its FY 2026 guidance at 13.250- EPS. As a group, equities research analysts forecast that Gartner, Inc. will post 13.7 EPS for the current year.
Wall Street Analysts Forecast Growth
IT has been the subject of a number of research reports. Truist Financial reduced their target price on shares of Gartner from $300.00 to $170.00 and set a “buy” rating for the company in a research report on Friday, February 6th. Deutsche Bank Aktiengesellschaft set a $204.00 price target on shares of Gartner in a report on Wednesday, February 4th. Wells Fargo & Company dropped their price objective on Gartner from $150.00 to $140.00 and set an “underweight” rating on the stock in a research note on Friday, March 27th. BMO Capital Markets reissued a “market perform” rating on shares of Gartner in a research report on Thursday, February 5th. Finally, Royal Bank Of Canada lowered their target price on Gartner from $175.00 to $160.00 and set a “sector perform” rating on the stock in a research note on Wednesday, May 6th. Two analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $176.70.
View Our Latest Stock Report on IT
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.
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