Marathon Trading Investment Management LLC Makes New $1.44 Million Investment in Gartner, Inc. $IT

Marathon Trading Investment Management LLC purchased a new position in shares of Gartner, Inc. (NYSE:IT) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 5,695 shares of the information technology services provider’s stock, valued at approximately $1,437,000.

Several other institutional investors have also recently made changes to their positions in IT. Physician Wealth Advisors Inc. lifted its stake in Gartner by 143.9% in the fourth quarter. Physician Wealth Advisors Inc. now owns 100 shares of the information technology services provider’s stock worth $25,000 after acquiring an additional 59 shares during the period. Rakuten Securities Inc. increased its position in Gartner by 1,980.0% during the 4th quarter. Rakuten Securities Inc. now owns 104 shares of the information technology services provider’s stock valued at $26,000 after purchasing an additional 99 shares during the period. Entrust Financial LLC bought a new stake in shares of Gartner in the 4th quarter valued at about $26,000. Elyxium Wealth LLC bought a new stake in shares of Gartner in the 4th quarter valued at about $28,000. Finally, Activest Wealth Management lifted its position in shares of Gartner by 11,600.0% in the 4th quarter. Activest Wealth Management now owns 117 shares of the information technology services provider’s stock worth $30,000 after purchasing an additional 116 shares during the period. Hedge funds and other institutional investors own 91.51% of the company’s stock.

Gartner Stock Down 0.1%

Shares of Gartner stock opened at $148.07 on Monday. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 46.98. The company has a market cap of $9.91 billion, a P/E ratio of 14.63, a PEG ratio of 0.81 and a beta of 0.94. The firm’s 50 day moving average price is $155.07 and its 200-day moving average price is $184.99. Gartner, Inc. has a 52-week low of $139.18 and a 52-week high of $413.26.

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

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on IT shares. Royal Bank Of Canada dropped their price objective on shares of Gartner from $175.00 to $160.00 and set a “sector perform” rating on the stock in a research note on Wednesday, May 6th. Barclays lowered their target price on Gartner from $180.00 to $150.00 and set an “equal weight” rating for the company in a report on Friday, April 10th. Morgan Stanley dropped their target price on Gartner from $200.00 to $183.00 and set an “equal weight” rating on the stock in a research report on Wednesday, May 6th. UBS Group cut their price target on Gartner from $170.00 to $164.00 and set a “neutral” rating on the stock in a report on Friday. Finally, The Goldman Sachs Group set a $162.00 price target on Gartner in a research report on Tuesday, May 5th. Two analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $176.10.

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.