Sanctuary Advisors LLC Takes $646,000 Position in Gartner, Inc. $IT

Posted by Geri Gentry on Aug 29th, 2026

Sanctuary Advisors LLC bought a new position in shares of Gartner, Inc. (NYSE:IT – Free Report) in the second quarter, HoldingsChannel.com reports. The firm bought 4,981 shares of the information technology services provider’s stock, valued at approximately $646,000.

Several other hedge funds also recently modified their holdings of the business. Oppenheimer Asset Management Inc. purchased a new stake in Gartner during the second quarter valued at $2,872,000. Plato Investment Management Ltd raised its stake in Gartner by 293.4% during the 4th quarter. Plato Investment Management Ltd now owns 9,002 shares of the information technology services provider’s stock worth $2,282,000 after acquiring an additional 6,714 shares during the period. Wedge Capital Management L L P NC raised its position in shares of Gartner by 34.1% during the 2nd quarter. Wedge Capital Management L L P NC now owns 54,196 shares of the information technology services provider’s stock valued at $7,025,000 after purchasing an additional 13,776 shares during the period. Bank of America Corp DE lifted its position in shares of Gartner by 60.1% in the first quarter. Bank of America Corp DE now owns 773,771 shares of the information technology services provider’s stock valued at $122,519,000 after acquiring an additional 290,499 shares in the last quarter. Finally, Comerica Bank lifted its holdings in Gartner by 60.8% in the 4th quarter. Comerica Bank now owns 22,274 shares of the information technology services provider’s stock worth $5,619,000 after purchasing an additional 8,426 shares in the last quarter. 91.51% of the stock is owned by institutional investors.

Gartner Price Performance

Shares of IT stock opened at $198.22 on Friday. Gartner, Inc. has a twelve month low of $124.25 and a twelve month high of $265.85. The stock has a market capitalization of $12.52 billion, a price-to-earnings ratio of 17.78, a P/E/G ratio of 0.68 and a beta of 0.94. The stock has a fifty day simple moving average of $157.78 and a two-hundred day simple moving average of $156.26. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 46.98.

Gartner (NYSE:IT – Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The information technology services provider reported $4.37 EPS for the quarter, beating the consensus estimate 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 return on equity of 525.46% and a net margin of 11.99%.The business’s revenue for the quarter was down .6% on a year-over-year basis. During the same quarter last year, the firm posted $3.53 earnings per share. Gartner has set its FY 2026 guidance at 14.000- EPS. On average, analysts predict that Gartner, Inc. will post 14.42 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have commented on the stock. BMO Capital Markets decreased their price target on shares of Gartner from $214.00 to $206.00 and set a “market perform” rating on the stock in a research note on Tuesday, August 18th. Truist Financial set a $205.00 price objective on shares of Gartner in a research report on Wednesday, August 5th. Zacks Research raised Gartner from a “hold” rating to a “strong-buy” rating in a research note on Thursday, August 6th. The Goldman Sachs Group upped their price target on shares of Gartner from $162.00 to $181.00 and gave the company a “neutral” rating in a report on Wednesday, August 5th. Finally, Royal Bank Of Canada upped their price objective on Gartner from $160.00 to $164.00 and gave the company a “sector perform” rating in a research report on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, seven have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, Gartner has an average rating of “Hold” and a consensus target price of $187.30.

View Our Latest Stock Analysis on IT

Insiders Place Their Bets

In other news, EVP Yvonne Genovese sold 1,205 shares of the business’s stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $190.06, for a total value of $229,022.30. Following the completion of the sale, 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 transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, 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 sale, the director directly owned 8,097 shares of the company’s stock, valued at $1,492,277.10. The trade was a 9.60% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 2,765 shares of company stock worth $528,731 in the last three months. Corporate insiders own 2.60% of the company’s stock.

Gartner Company Profile

(Free Report)

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.