Gartner, Inc. $IT Shares Acquired by Fisher Funds Management LTD

Fisher Funds Management LTD raised its stake in Gartner, Inc. (NYSE:ITFree Report) by 26.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 162,614 shares of the information technology services provider’s stock after purchasing an additional 34,231 shares during the period. Gartner comprises 1.1% of Fisher Funds Management LTD’s investment portfolio, making the stock its 26th biggest position. Fisher Funds Management LTD’s holdings in Gartner were worth $41,283,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the stock. Harbor Capital Advisors Inc. raised its position in Gartner by 2.8% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 1,701 shares of the information technology services provider’s stock valued at $447,000 after purchasing an additional 46 shares in the last quarter. Cresset Asset Management LLC raised its position in Gartner by 3.3% in the 3rd quarter. Cresset Asset Management LLC now owns 1,493 shares of the information technology services provider’s stock valued at $392,000 after purchasing an additional 47 shares in the last quarter. Shell Asset Management Co. grew its holdings in Gartner by 2.7% during the 3rd quarter. Shell Asset Management Co. now owns 2,064 shares of the information technology services provider’s stock worth $543,000 after acquiring an additional 54 shares in the last quarter. Brown Brothers Harriman & Co. grew its holdings in Gartner by 5.8% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 1,019 shares of the information technology services provider’s stock worth $268,000 after acquiring an additional 56 shares in the last quarter. Finally, Rothschild Investment LLC grew its holdings in Gartner by 32.1% during the 3rd quarter. Rothschild Investment LLC now owns 255 shares of the information technology services provider’s stock worth $67,000 after acquiring an additional 62 shares in the last quarter. Institutional investors and hedge funds own 91.51% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. Royal Bank Of Canada set a $175.00 price target on shares of Gartner in a report on Wednesday, February 4th. Barclays lowered their price target on shares of Gartner from $180.00 to $150.00 and set an “equal weight” rating for the company in a report on Friday, April 10th. Wells Fargo & Company cut their price target on Gartner from $150.00 to $140.00 and set an “underweight” rating on the stock in a research note on Friday, March 27th. Weiss Ratings restated a “sell (d+)” rating on shares of Gartner in a research note on Thursday, January 22nd. Finally, Morgan Stanley cut their price target on Gartner from $275.00 to $200.00 and set an “equal weight” rating on the stock in a research note on Wednesday, February 4th. Three research analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $185.30.

View Our Latest Research Report on Gartner

Gartner Price Performance

Shares of NYSE:IT opened at $155.46 on Friday. The company’s fifty day moving average price is $157.16 and its 200 day moving average price is $209.03. Gartner, Inc. has a 12 month low of $139.18 and a 12 month high of $451.73. The company has a debt-to-equity ratio of 9.30, a current ratio of 1.00 and a quick ratio of 1.00. The firm has a market capitalization of $10.95 billion, a P/E ratio of 16.11, a P/E/G ratio of 1.53 and a beta of 1.05.

Gartner (NYSE:ITGet Free Report) last announced its quarterly earnings results on Tuesday, February 3rd. The information technology services provider reported $3.94 EPS for the quarter, topping the consensus estimate of $3.50 by $0.44. The firm had revenue of $1.75 billion for the quarter, compared to analyst estimates of $1.75 billion. Gartner had a net margin of 11.22% and a return on equity of 102.20%. Gartner’s revenue for the quarter was up 2.2% compared to the same quarter last year. During the same period last year, the business earned $5.45 EPS. Gartner has set its FY 2026 guidance at 12.300- EPS. As a group, sell-side analysts predict that Gartner, Inc. will post 12.5 earnings per share for the current fiscal year.

Key Headlines Impacting Gartner

Here are the key news stories impacting Gartner this week:

Gartner 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.

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Institutional Ownership by Quarter for Gartner (NYSE:IT)

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