Gartner, Inc. (NYSE:IT – Get Free Report) Director Anne Sutherland Fuchs sold 860 shares of the company’s stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $184.30, for a total transaction of $158,498.00. Following the completion of the transaction, the director owned 8,097 shares in the company, valued at approximately $1,492,277.10. This trade represents a 9.60% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.
Gartner Trading Up 2.0%
Shares of Gartner stock opened at $182.98 on Friday. Gartner, Inc. has a 1 year low of $124.25 and a 1 year high of $265.85. The firm has a market cap of $12.25 billion, a PE ratio of 16.41, a PEG ratio of 0.59 and a beta of 0.94. 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 50 day simple moving average of $147.71 and a two-hundred day simple moving average of $156.18.
Gartner (NYSE:IT – Get Free Report) last issued its quarterly earnings results 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. The firm had revenue of $1.68 billion for the quarter, compared to analyst estimates of $1.65 billion. Gartner had a net margin of 11.99% and a return on equity of 525.46%. The business’s revenue for the quarter was down .6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $3.53 EPS. Gartner has set its FY 2026 guidance at 14.000- EPS. Analysts expect that Gartner, Inc. will post 14.44 earnings per share for the current fiscal year.
Key Stories Impacting Gartner
- Positive Sentiment: Quarterly earnings beat expectations. Gartner reported adjusted EPS of $4.37 versus the $3.76 consensus, while revenue of $1.68 billion exceeded forecasts of $1.65 billion. EPS also rose from $3.53 a year earlier, indicating solid profitability and cost discipline.
- Positive Sentiment: AI-related demand remains a potential long-term tailwind. Gartner’s research continues to be cited in announcements from technology vendors including USU, IronOrbit, lakeFS, Parallels, Impact Analytics and Sangfor. This supports Gartner’s brand visibility and research relevance, although the announcements do not represent new contracts or revenue guidance for Gartner.
- Neutral Sentiment: Analyst sentiment is mixed. Recent price targets range from $120 to $205, with a consensus rating of “Hold” and an average target near $185.50. Some firms raised targets after the earnings report, while Wells Fargo maintained an “underweight” view and other analysts remain cautious about growth.
- Neutral Sentiment: Gartner faces a shareholder investigation announcement. Bernstein Liebhard said it is investigating potential fiduciary-duty breaches by certain directors and officers. The announcement contains no finding of wrongdoing, but it creates additional headline and legal risk for investors. Gartner shareholder investigation alert
- Negative Sentiment: Core growth trends remain weak. Global contract value increased only 1% on an FX-neutral basis in the first quarter, while consulting revenue declined sharply. Quarterly revenue also fell 0.6% year over year, raising concerns about whether strong earnings can continue without a demand recovery.
- Negative Sentiment: Multiple insiders have sold shares. EVP Yvonne Genovese sold 1,205 shares for approximately $229,000, reducing her position by 16.26%; Director Anne Sutherland Fuchs separately sold 860 shares for about $158,500. Three open-market insider transactions in the past six months have been sales, with no reported purchases. These trades are not necessarily evidence of weakening fundamentals but may weigh on sentiment. SEC insider transaction filing
Hedge Funds Weigh In On Gartner
A number of large investors have recently added to or reduced their stakes in IT. Brighton Jones LLC bought a new position in shares of Gartner during the fourth quarter valued at about $309,000. Sivia Capital Partners LLC bought a new stake in shares of Gartner in the 2nd quarter valued at about $336,000. Cresset Asset Management LLC boosted its holdings in Gartner by 15.2% during the 2nd quarter. Cresset Asset Management LLC now owns 1,446 shares of the information technology services provider’s stock valued at $585,000 after acquiring an additional 191 shares during the period. Sei Investments Co. boosted its holdings in Gartner by 9.2% during the 2nd quarter. Sei Investments Co. now owns 91,205 shares of the information technology services provider’s stock valued at $36,867,000 after acquiring an additional 7,678 shares during the period. Finally, The Manufacturers Life Insurance Company grew its position in Gartner by 111.5% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 95,301 shares of the information technology services provider’s stock worth $38,523,000 after acquiring an additional 50,251 shares during the last quarter. Hedge funds and other institutional investors own 91.51% of the company’s stock.
Analysts Set New Price Targets
IT has been the topic of a number of research analyst reports. Weiss Ratings downgraded Gartner from a “sell (d+)” rating to a “sell (d)” rating in a research report on Friday, July 31st. UBS Group upped their price objective on Gartner from $164.00 to $196.00 and gave the stock a “neutral” rating in a report on Wednesday, August 5th. Zacks Research upgraded Gartner from a “hold” rating to a “strong-buy” rating in a research report on Thursday, August 6th. Wells Fargo & Company raised their price objective on Gartner from $120.00 to $150.00 and gave the company an “underweight” rating in a report on Wednesday, August 5th. Finally, Morgan Stanley set a $177.00 target price on Gartner in a research report on Wednesday, August 5th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $185.50.
Check Out Our Latest Analysis on Gartner
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.
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