Nisa Investment Advisors LLC boosted its stake in Gartner, Inc. (NYSE:IT – Free Report) by 32.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,618 shares of the information technology services provider’s stock after purchasing an additional 5,092 shares during the period. Nisa Investment Advisors LLC’s holdings in Gartner were worth $3,846,000 at the end of the most recent quarter.
Other hedge funds have also recently added to or reduced their stakes in the company. Robertson Stephens Wealth Management LLC increased its holdings in shares of Gartner by 1.7% during the third quarter. Robertson Stephens Wealth Management LLC now owns 3,061 shares of the information technology services provider’s stock worth $571,000 after buying an additional 52 shares in the last quarter. Mufg Securities Americas Inc. lifted its stake in shares of Gartner by 3.5% in the 2nd quarter. Mufg Securities Americas Inc. now owns 2,017 shares of the information technology services provider’s stock valued at $261,000 after acquiring an additional 68 shares during the last quarter. Empirical Finance LLC lifted its stake in shares of Gartner by 2.9% in the 2nd quarter. Empirical Finance LLC now owns 2,774 shares of the information technology services provider’s stock valued at $360,000 after acquiring an additional 77 shares during the last quarter. Syon Capital LLC boosted its holdings in shares of Gartner by 5.3% during the 2nd quarter. Syon Capital LLC now owns 1,623 shares of the information technology services provider’s stock valued at $210,000 after acquiring an additional 82 shares in the last quarter. Finally, Parkside Financial Bank & Trust boosted its holdings in shares of Gartner by 50.3% during the 2nd quarter. Parkside Financial Bank & Trust now owns 293 shares of the information technology services provider’s stock valued at $38,000 after acquiring an additional 98 shares in the last quarter. Institutional investors and hedge funds own 91.51% of the company’s stock.
Gartner Price Performance
Shares of IT opened at $230.25 on Friday. Gartner, Inc. has a 1 year low of $124.25 and a 1 year high of $257.69. The company has a debt-to-equity ratio of 46.98, a current ratio of 0.88 and a quick ratio of 0.88. The company has a market capitalization of $14.54 billion, a price-to-earnings ratio of 16.29, a price-to-earnings-growth ratio of 0.88 and a beta of 0.98. The business has a 50-day moving average of $192.47 and a 200-day moving average of $165.69.
Gartner (NYSE:IT – Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The information technology services provider reported $4.37 EPS for the quarter, topping analysts’ consensus estimates of $3.76 by $0.61. Gartner had a return on equity of 525.46% and a net margin of 11.99%. The company had revenue of $1.68 billion for the quarter, compared to analyst estimates of $1.65 billion. During the same period in the previous year, the firm earned $3.53 earnings per share. The firm’s quarterly revenue was down .6% on a year-over-year basis. Gartner has set its FY 2026 guidance at 14.000- EPS. As a group, equities research analysts anticipate that Gartner, Inc. will post 14.39 earnings per share for the current year.
Key Stories Impacting Gartner
Here are the key news stories impacting Gartner this week:
- Positive Sentiment: Gartner forecast 15% global information-technology spending growth and highlighted major technology trends for 2027, including agentic AI and other emerging technologies. Strong spending expectations could support demand for Gartner’s research, advisory and consulting services. Gartner forecasts 15% global IT spending growth Gartner’s Top 10 Strategic Technology Trends For 2027
- Positive Sentiment: Gartner’s Magic Quadrant reports continued to feature technology vendors such as Gainsight, Muck Rack and Shopware as Leaders or Visionaries. These announcements reinforce Gartner’s market authority and the value vendors place on its evaluations, although they do not represent direct contracts or revenue for Gartner. Gainsight named a Leader Gartner unveils top technology trends
- Neutral Sentiment: Coverage comparing Gartner’s five-year stock performance with IBM provides investor context but does not identify a new operating catalyst or change to Gartner’s outlook. Why IBM Stock Beat Gartner Over Five Years
- Negative Sentiment: Only 13% of surveyed CIOs reportedly see major value from AI, while few have established rules for abandoning unsuccessful initiatives. The findings could temper near-term AI-related technology spending and make investors more cautious about Gartner’s growth outlook. Only 13% of CIOs See Major AI Value
- Negative Sentiment: A Gartner forecast was cited as contributing to a sharp selloff in Nebius, highlighting the potential market impact of Gartner’s technology outlooks. While this is not a direct negative for Gartner’s earnings, it may increase scrutiny of forecast accuracy and the broader AI investment cycle. Nebius selloff and Gartner forecast
Insider Activity
In other news, EVP Yvonne Genovese sold 1,205 shares of the business’s stock in a transaction that occurred on Monday, August 10th. The shares were sold at an average price of $190.06, for a total value of $229,022.30. Following the transaction, the executive vice president owned 6,208 shares in the company, valued at approximately $1,179,892.48. The trade was a 16.26% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Robin Kranich sold 3,278 shares of the company’s stock in a transaction on Thursday, August 27th. The shares were sold at an average price of $196.50, for a total transaction of $644,127.00. Following the completion of the sale, the executive vice president directly owned 20,358 shares in the company, valued at approximately $4,000,347. This represents a 13.87% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 6,043 shares of company stock worth $1,172,858 in the last 90 days. 2.60% of the stock is owned by company insiders.
Wall Street Analyst Weigh In
A number of equities research analysts recently weighed in on IT shares. Morgan Stanley boosted their price objective on Gartner from $177.00 to $182.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 8th. BMO Capital Markets increased their target price on Gartner from $206.00 to $212.00 and gave the company a “market perform” rating in a research report on Tuesday, October 13th. The Goldman Sachs Group lifted their price target on Gartner from $162.00 to $181.00 and gave the company a “neutral” rating in a research note on Wednesday, August 5th. UBS Group lifted their price target on Gartner from $196.00 to $208.00 and gave the company a “neutral” rating in a research note on Monday, October 5th. Finally, Wells Fargo & Company boosted their price target on Gartner from $150.00 to $175.00 and gave the stock an “underweight” rating in a report on Tuesday. One research analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $198.50.
Check Out Our Latest Stock Analysis on IT
Gartner Profile
Gartner, Inc is a global research and advisory company that provides information, analysis and guidance to business leaders, technology professionals and public-sector organizations. Its work focuses on helping clients evaluate technology markets, develop business strategies, manage risk and make decisions about digital transformation and other organizational priorities.
The company delivers its services through research and advisory programs, consulting engagements, executive guidance and conferences.
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