4,717 Shares in Gartner, Inc. $IT Purchased by Fox Run Management L.L.C.

Fox Run Management L.L.C. bought a new position in shares of Gartner, Inc. (NYSE:IT) in the fourth quarter, Holdings Channel reports. The institutional investor bought 4,717 shares of the information technology services provider’s stock, valued at approximately $1,190,000.

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

Wall Street Analyst Weigh In

IT has been the subject of several research reports. UBS Group raised their price objective on shares of Gartner from $166.00 to $170.00 and gave the company a “neutral” rating in a research report on Wednesday, May 6th. Barclays lowered their price objective on shares of Gartner from $180.00 to $150.00 and set an “equal weight” rating for the company in a research report on Friday, April 10th. Wells Fargo & Company lowered their price objective on shares of Gartner from $150.00 to $140.00 and set an “underweight” rating for the company in a research report on Friday, March 27th. Weiss Ratings upgraded shares of Gartner from a “sell (d)” rating to a “sell (d+)” rating in a research report on Monday. Finally, The Goldman Sachs Group set a $162.00 price objective on shares of Gartner in a research report on Tuesday, May 5th. Two equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Gartner has a consensus rating of “Hold” and a consensus target price of $176.70.

Gartner Trading Down 1.9%

IT opened at $157.38 on Wednesday. The stock has a market capitalization of $10.54 billion, a PE ratio of 15.55, a PEG ratio of 0.88 and a beta of 0.94. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 46.98. Gartner, Inc. has a 1-year low of $139.18 and a 1-year high of $430.19. The firm has a 50-day moving average price of $155.48 and a two-hundred day moving average price of $186.65.

Gartner (NYSE:IT) last issued its earnings results on Tuesday, May 5th. The information technology services provider reported $3.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.99 by $0.33. The company had revenue of $1.49 billion for the quarter, compared to analyst estimates of $1.51 billion. Gartner had a net margin of 11.44% and a return on equity of 161.39%. The company’s revenue for the quarter was down 1.5% on a year-over-year basis. During the same quarter last year, the firm earned $2.98 EPS. Gartner has set its FY 2026 guidance at 13.250- EPS. As a group, equities analysts anticipate that Gartner, Inc. will post 13.7 earnings per share for the current fiscal year.

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.