Gartner, Inc. $IT Shares Sold by Nicholas Company Inc.

Nicholas Company Inc. decreased its stake in shares of Gartner, Inc. (NYSE:IT) by 9.8% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 36,668 shares of the information technology services provider’s stock after selling 4,005 shares during the period. Nicholas Company Inc.’s holdings in Gartner were worth $9,251,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of IT. Moran Wealth Management LLC purchased a new stake in shares of Gartner in the fourth quarter valued at $3,516,000. Allianz Asset Management GmbH grew its position in shares of Gartner by 28.9% in the third quarter. Allianz Asset Management GmbH now owns 122,662 shares of the information technology services provider’s stock valued at $32,244,000 after purchasing an additional 27,497 shares during the period. Madison Asset Management LLC grew its position in shares of Gartner by 1.8% in the third quarter. Madison Asset Management LLC now owns 715,811 shares of the information technology services provider’s stock valued at $188,165,000 after purchasing an additional 12,998 shares during the period. GHP Investment Advisors Inc. grew its position in shares of Gartner by 111.7% in the fourth quarter. GHP Investment Advisors Inc. now owns 25,569 shares of the information technology services provider’s stock valued at $6,451,000 after purchasing an additional 13,493 shares during the period. Finally, CWM LLC grew its position in shares of Gartner by 86.4% in the fourth quarter. CWM LLC now owns 57,684 shares of the information technology services provider’s stock valued at $14,553,000 after purchasing an additional 26,734 shares during the period. Hedge funds and other institutional investors own 91.51% of the company’s stock.

Trending Headlines about Gartner

Here are the key news stories impacting Gartner this week:

• Positive Sentiment: No clear positive company-specific catalysts were reported in the provided articles.
• Neutral Sentiment: Gartner published/was cited in a headline about the risks of using layoffs to fund AI initiatives, reinforcing its influence on enterprise strategy commentary.
• Negative Sentiment: Several law firms issued or repeated class-action and securities-fraud alerts against Gartner, keeping legal uncertainty front and center for investors. Article Title
• Negative Sentiment: The pending shareholder lawsuit and approaching lead-plaintiff deadline may pressure the stock by reminding investors of possible damages and ongoing litigation risk. Article Title

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the company. Wells Fargo & Company lowered their price objective on Gartner from $150.00 to $140.00 and set an “underweight” rating for the company in a research report on Friday, March 27th. UBS Group boosted their price target on Gartner from $166.00 to $170.00 and gave the company a “neutral” rating in a research report on Wednesday. Deutsche Bank Aktiengesellschaft set a $204.00 price target on Gartner in a research report on Wednesday, February 4th. Truist Financial lowered their price target on Gartner from $300.00 to $170.00 and set a “buy” rating for the company in a research report on Friday, February 6th. Finally, Robert W. Baird set a $240.00 price target on Gartner in a research report on Wednesday, February 4th. Two equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $176.70.

Gartner Trading Down 0.0%

Shares of IT opened at $158.62 on Monday. The stock’s 50-day moving average is $156.24 and its two-hundred day moving average is $199.73. The stock has a market cap of $11.17 billion, a PE ratio of 15.67, a P/E/G ratio of 0.87 and a beta of 0.91. Gartner, Inc. has a 12 month low of $139.18 and a 12 month high of $451.73. The company has a debt-to-equity ratio of 46.98, a current ratio of 0.94 and a quick ratio of 0.94.

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

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.