Natixis Advisors LLC Boosts Stake in Gartner, Inc. $IT

Natixis Advisors LLC raised its stake in shares of Gartner, Inc. (NYSE:IT) by 41.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 329,796 shares of the information technology services provider’s stock after acquiring an additional 96,251 shares during the quarter. Natixis Advisors LLC owned approximately 0.44% of Gartner worth $86,693,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Norges Bank bought a new stake in shares of Gartner in the 2nd quarter valued at about $394,133,000. Vanguard Group Inc. lifted its position in Gartner by 5.3% during the third quarter. Vanguard Group Inc. now owns 10,082,185 shares of the information technology services provider’s stock valued at $2,650,304,000 after acquiring an additional 509,902 shares during the last quarter. AQR Capital Management LLC boosted its stake in Gartner by 304.5% in the second quarter. AQR Capital Management LLC now owns 660,186 shares of the information technology services provider’s stock valued at $266,860,000 after acquiring an additional 496,957 shares in the last quarter. Sustainable Growth Advisers LP boosted its stake in Gartner by 71.7% in the second quarter. Sustainable Growth Advisers LP now owns 1,161,513 shares of the information technology services provider’s stock valued at $469,507,000 after acquiring an additional 485,188 shares in the last quarter. Finally, Pacer Advisors Inc. grew its holdings in Gartner by 150.6% in the third quarter. Pacer Advisors Inc. now owns 712,252 shares of the information technology services provider’s stock worth $187,230,000 after purchasing an additional 428,089 shares during the last quarter. 91.51% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft set a $204.00 price objective on Gartner in a report on Wednesday, February 4th. Robert W. Baird set a $240.00 target price on Gartner in a research note on Wednesday, February 4th. Morgan Stanley reduced their target price on Gartner from $275.00 to $200.00 and set an “equal weight” rating on the stock in a research report on Wednesday, February 4th. Barclays decreased their price target on Gartner from $260.00 to $180.00 and set an “equal weight” rating for the company in a research note on Thursday, February 5th. Finally, UBS Group set a $180.00 price target on Gartner in a report on Wednesday, February 4th. Four analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $190.70.

Gartner Price Performance

NYSE:IT opened at $169.02 on Monday. The firm’s fifty day moving average is $198.32 and its two-hundred day moving average is $227.48. The firm has a market cap of $11.91 billion, a price-to-earnings ratio of 17.52, a PEG ratio of 1.69 and a beta of 1.08. The company has a debt-to-equity ratio of 9.30, a quick ratio of 1.00 and a current ratio of 1.00. Gartner, Inc. has a one year low of $139.18 and a one year high of $485.33.

Gartner (NYSE:IT) last released its quarterly earnings data on Tuesday, February 3rd. The information technology services provider reported $3.94 earnings per share for the quarter, beating analysts’ consensus estimates of $3.50 by $0.44. Gartner had a return on equity of 102.20% and a net margin of 11.22%.The business had revenue of $1.75 billion during the quarter, compared to analyst estimates of $1.75 billion. During the same quarter last year, the business posted $5.45 EPS. The company’s revenue was up 2.2% on a year-over-year basis. Gartner has set its FY 2026 guidance at 12.300- EPS. Research analysts expect that Gartner, Inc. will post 12.5 EPS for the current year.

Insider Activity at Gartner

In other news, Director Stephen G. Pagliuca bought 43,300 shares of the business’s stock in a transaction dated Wednesday, December 10th. The stock was purchased at an average cost of $229.57 per share, with a total value of $9,940,381.00. Following the acquisition, the director directly owned 111,613 shares in the company, valued at $25,622,996.41. This trade represents a 63.38% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 3.60% of the stock is owned by insiders.

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.