Gartner, Inc. $IT Stock Acquired by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC boosted its holdings in Gartner, Inc. (NYSE:IT) by 32.8% in the third quarter, HoldingsChannel reports. The firm owned 20,618 shares of the information technology services provider’s stock after purchasing an additional 5,092 shares during the period. Nisa Investment Advisors LLC’s holdings in Gartner were worth $3,846,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Robeco Institutional Asset Management B.V. grew its position in shares of Gartner by 2.6% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 15,316 shares of the information technology services provider’s stock worth $2,857,000 after buying an additional 381 shares during the period. Abel Hall LLC acquired a new position in shares of Gartner during the 3rd quarter valued at $205,000. Kaufman Rossin Wealth LLC acquired a new position in shares of Gartner during the 3rd quarter valued at $212,000. IFP Advisors Inc lifted its position in shares of Gartner by 39.8% during the 3rd quarter. IFP Advisors Inc now owns 2,987 shares of the information technology services provider’s stock valued at $557,000 after acquiring an additional 851 shares during the period. Finally, Robertson Stephens Wealth Management LLC boosted its stake in Gartner by 1.7% during the third quarter. Robertson Stephens Wealth Management LLC now owns 3,061 shares of the information technology services provider’s stock worth $571,000 after acquiring an additional 52 shares in the last quarter. 91.51% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the stock. The Goldman Sachs Group lifted their price target on shares of Gartner from $162.00 to $181.00 and gave the company a “neutral” rating in a research note on Wednesday, August 5th. Wells Fargo & Company increased their price objective on shares of Gartner from $150.00 to $175.00 and gave the stock an “underweight” rating in a research report on Tuesday. UBS Group raised their target price on Gartner from $196.00 to $208.00 and gave the company a “neutral” rating in a research note on Monday, October 5th. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $198.00 target price on shares of Gartner in a research report on Tuesday. Finally, BMO Capital Markets boosted their target price on Gartner from $206.00 to $212.00 and gave the company a “market perform” rating in a research report on Tuesday, October 13th. One equities research analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $198.50.

Gartner Stock Performance

IT opened at $230.25 on Friday. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 46.98. The company’s fifty day moving average price is $192.47 and its two-hundred day moving average price is $165.69. Gartner, Inc. has a 1-year low of $124.25 and a 1-year high of $257.69. The company has a market cap of $14.54 billion, a price-to-earnings ratio of 16.29, a PEG ratio of 0.88 and a beta of 0.98.

Gartner (NYSE:IT) last issued its quarterly earnings data on Tuesday, August 4th. The information technology services provider reported $4.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.76 by $0.61. The firm had revenue of $1.68 billion during the quarter, compared to analysts’ expectations of $1.65 billion. Gartner had a net margin of 11.99% and a return on equity of 525.46%. The business’s revenue was down .6% on a year-over-year basis. During the same period last year, the company earned $3.53 earnings per share. Gartner has set its FY 2026 guidance at 14.000- EPS. On average, analysts expect that Gartner, Inc. will post 14.39 EPS for the current fiscal year.

Insider Buying and Selling at Gartner

In other Gartner news, EVP Robin B. Kranich sold 3,278 shares of Gartner stock in a transaction dated Thursday, August 27th. The stock was sold at an average price of $196.50, for a total transaction of $644,127.00. Following the completion of the transaction, the executive vice president owned 20,358 shares in the company, valued at approximately $4,000,347. The trade was a 13.87% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Akhil Jain sold 700 shares of the business’s stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $201.73, for a total value of $141,211.00. Following the sale, the executive vice president directly owned 8,130 shares of the company’s stock, valued at $1,640,064.90. This represents a 7.93% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 6,043 shares of company stock worth $1,172,858. 2.60% of the stock is currently owned by insiders.

Key Stories Impacting Gartner

Here are the key news stories impacting Gartner this week:

• Positive Sentiment: Gartner forecast 15% global information-technology spending growth and highlighted major technology trends for 2027, including agentic AI and other emerging technologies. Strong spending expectations could support demand for Gartner’s research, advisory and consulting services. Gartner forecasts 15% global IT spending growth Gartner’s Top 10 Strategic Technology Trends For 2027
• Positive Sentiment: Gartner’s Magic Quadrant reports continued to feature technology vendors such as Gainsight, Muck Rack and Shopware as Leaders or Visionaries. These announcements reinforce Gartner’s market authority and the value vendors place on its evaluations, although they do not represent direct contracts or revenue for Gartner. Gainsight named a Leader Gartner unveils top technology trends
• Neutral Sentiment: Coverage comparing Gartner’s five-year stock performance with IBM provides investor context but does not identify a new operating catalyst or change to Gartner’s outlook. Why IBM Stock Beat Gartner Over Five Years
• Negative Sentiment: Only 13% of surveyed CIOs reportedly see major value from AI, while few have established rules for abandoning unsuccessful initiatives. The findings could temper near-term AI-related technology spending and make investors more cautious about Gartner’s growth outlook. Only 13% of CIOs See Major AI Value
• Negative Sentiment: A Gartner forecast was cited as contributing to a sharp selloff in Nebius, highlighting the potential market impact of Gartner’s technology outlooks. While this is not a direct negative for Gartner’s earnings, it may increase scrutiny of forecast accuracy and the broader AI investment cycle. Nebius selloff and Gartner forecast

Gartner Company Profile

Gartner, Inc is a global research and advisory company that provides information, analysis and guidance to business leaders, technology professionals and public-sector organizations. Its work focuses on helping clients evaluate technology markets, develop business strategies, manage risk and make decisions about digital transformation and other organizational priorities.

The company delivers its services through research and advisory programs, consulting engagements, executive guidance and conferences.