Gartner, Inc. $IT Shares Sold by AustralianSuper Pty Ltd

AustralianSuper Pty Ltd reduced its holdings in shares of Gartner, Inc. (NYSE:IT) by 93.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,661 shares of the information technology services provider’s stock after selling 50,693 shares during the quarter. AustralianSuper Pty Ltd’s holdings in Gartner were worth $962,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in IT. Aviva PLC increased its position in Gartner by 6.1% in the second quarter. Aviva PLC now owns 58,559 shares of the information technology services provider’s stock worth $23,671,000 after buying an additional 3,390 shares during the period. Highland Capital Management LLC bought a new position in shares of Gartner during the third quarter worth about $1,502,000. Buttonwood Financial Advisors Inc. acquired a new stake in shares of Gartner in the 3rd quarter worth about $1,581,000. Resona Asset Management Co. Ltd. lifted its position in Gartner by 51.0% in the 3rd quarter. Resona Asset Management Co. Ltd. now owns 248,028 shares of the information technology services provider’s stock valued at $65,068,000 after purchasing an additional 83,789 shares during the last quarter. Finally, State of Michigan Retirement System boosted its stake in Gartner by 10.1% during the 2nd quarter. State of Michigan Retirement System now owns 22,947 shares of the information technology services provider’s stock valued at $9,276,000 after purchasing an additional 2,100 shares during the period. 91.51% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Gartner

Here are the key news stories impacting Gartner this week:

• Positive Sentiment: Gartner agreed to sell its Capterra, Software Advice and GetApp platforms to G2 — a divestiture that will raise cash and allow Gartner to focus on higher-margin research and advisory services; investors may view the deal as a strategic simplification even as it reduces exposure to marketplace revenue. G2 to Acquire Capterra, Software Advice, and GetApp from Gartner
• Positive Sentiment: Board strengthening: Gartner appointed MIT AI/robotics expert Professor Daniela Rus and Edward Bousa to its Board, boosting AI expertise and governance credentials — a credibility signal for investors focused on AI strategy and product roadmap. Gartner Appoints Professor Daniela Rus and Edward Bousa to Board of Directors
• Positive Sentiment: Analyst/earnings momentum: Industry coverage is flagging Gartner among business-services names likely to beat estimates this earnings season, which can provide upside if the company delivers on Feb. 3. 4 Business Services Firms Poised to Beat Estimates This Earnings Season
• Neutral Sentiment: Q4 preview: Zacks previews Gartner’s Q4 (reporting Feb. 3), forecasting modest revenue growth (~1.7% y/y to ~$1.7B) with Conferences lifting results while Insights may be softer — this keeps focus on margin and guidance cadence rather than a big revenue surprise. Gartner Gears Up to Report Q4 Earnings: What’s in the Offing?
• Neutral Sentiment: Gartner’s market research and forecasts remain in the spotlight — coverage includes pieces on Gartner’s AI spending forecasts and predictions about humanoid deployment; these items underscore Gartner’s influence but are unlikely to move the stock materially on their own. Gartner Takes Another Stab At Forecasting AI Spending
• Neutral Sentiment: Other ecosystem news: Several vendors (e.g., Kyvos, Siemens partners, Uniphore) were recognized in Gartner reports/Magic Quadrants — positive for Gartner’s research relevance but indirect for near-term revenue impact. Kyvos Recognized in Gartner® Report: Reference Architecture Brief: Analytics & Business Intelligence

Insiders Place Their Bets

In other news, Director Stephen G. Pagliuca acquired 43,300 shares of the firm’s stock in a transaction that occurred on Wednesday, December 10th. The stock was purchased at an average price of $229.57 per share, with a total value of $9,940,381.00. Following the purchase, the director owned 111,613 shares of the company’s stock, valued at approximately $25,622,996.41. This trade represents a 63.38% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, EVP Claire Herkes sold 367 shares of Gartner stock in a transaction dated Wednesday, December 3rd. The shares were sold at an average price of $231.56, for a total value of $84,982.52. Following the transaction, the executive vice president directly owned 4,074 shares in the company, valued at approximately $943,375.44. This trade represents a 8.26% decrease in their position. The SEC filing for this sale provides additional information. 2.30% of the stock is currently owned by company insiders.

Gartner Stock Down 1.6%

Shares of IT stock opened at $209.35 on Friday. Gartner, Inc. has a 1 year low of $207.01 and a 1 year high of $584.01. The company has a debt-to-equity ratio of 4.42, a quick ratio of 0.88 and a current ratio of 0.88. The business’s fifty day moving average is $237.77 and its 200-day moving average is $252.99. The stock has a market cap of $15.09 billion, a PE ratio of 18.36 and a beta of 1.07.

Gartner (NYSE:IT) last announced its earnings results on Tuesday, November 4th. The information technology services provider reported $2.76 earnings per share for the quarter, beating the consensus estimate of $2.41 by $0.35. The business had revenue of $1.52 billion during the quarter, compared to analysts’ expectations of $1.52 billion. Gartner had a return on equity of 92.12% and a net margin of 13.71%.Gartner has set its FY 2025 guidance at 12.650- EPS. Equities analysts expect that Gartner, Inc. will post 12.5 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. Weiss Ratings restated a “sell (d+)” rating on shares of Gartner in a research note on Thursday, January 22nd. BMO Capital Markets lowered their target price on Gartner from $272.00 to $254.00 and set a “market perform” rating on the stock in a research report on Wednesday, November 5th. UBS Group boosted their price target on Gartner from $256.00 to $270.00 and gave the stock a “neutral” rating in a research report on Friday, January 9th. The Goldman Sachs Group lowered their price target on Gartner from $457.00 to $390.00 and set a “buy” rating on the stock in a report on Wednesday, November 5th. Finally, Barclays cut their price objective on shares of Gartner from $270.00 to $260.00 and set an “equal weight” rating on the stock in a research note on Wednesday, November 5th. Four investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $309.67.

Gartner 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.