Research Analysts’ Weekly Ratings Changes for Gartner (IT)

Several brokerages have updated their recommendations and price targets on shares of Gartner (NYSE: IT) in the last few weeks:

• 2/12/2025 – Gartner was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
• 2/5/2025 – Gartner had its price target raised by analysts at Robert W. Baird from $579.00 to $605.00. They now have an “outperform” rating on the stock.
• 2/4/2025 – Gartner had its “buy” rating reaffirmed by analysts at The Goldman Sachs Group, Inc..
• 2/4/2025 – Gartner was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 1/27/2025 – Gartner was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
• 1/16/2025 – Gartner had its price target lowered by analysts at Morgan Stanley from $564.00 to $555.00. They now have an “equal weight” rating on the stock.
• 1/14/2025 – Gartner was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 1/10/2025 – Gartner had its price target lowered by analysts at Wells Fargo & Company from $470.00 to $460.00. They now have an “underweight” rating on the stock.
• 1/10/2025 – Gartner was upgraded by analysts at Barclays PLC from an “equal weight” rating to an “overweight” rating. They now have a $600.00 price target on the stock, up previously from $525.00.

Gartner Price Performance

IT stock opened at $497.72 on Tuesday. The stock has a 50-day moving average price of $509.33 and a two-hundred day moving average price of $509.73. The company has a market cap of $38.23 billion, a PE ratio of 31.05, a price-to-earnings-growth ratio of 3.30 and a beta of 1.34. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 1.81. Gartner, Inc. has a 12-month low of $411.15 and a 12-month high of $584.01.

Gartner (NYSE:IT) last issued its earnings results on Tuesday, February 4th. The information technology services provider reported $5.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.22 by $2.23. Gartner had a return on equity of 116.56% and a net margin of 20.00%. The business had revenue of $1.72 billion during the quarter, compared to analysts’ expectations of $1.69 billion. During the same quarter in the previous year, the business earned $3.04 EPS. The company’s revenue for the quarter was up 8.1% on a year-over-year basis. As a group, research analysts predict that Gartner, Inc. will post 12.5 EPS for the current year.

Insider Transactions at Gartner

In related news, SVP John J. Rinello sold 90 shares of the business’s stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $530.51, for a total transaction of $47,745.90. Following the transaction, the senior vice president now directly owns 3,259 shares of the company’s stock, valued at approximately $1,728,932.09. The trade was a 2.69 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP Claire Herkes sold 411 shares of the stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $521.24, for a total transaction of $214,229.64. Following the completion of the sale, the executive vice president now directly owns 1,494 shares of the company’s stock, valued at $778,732.56. This trade represents a 21.57 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 690 shares of company stock valued at $360,925 over the last 90 days. Corporate insiders own 3.60% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in IT. Private Advisor Group LLC boosted its position in Gartner by 71.3% in the 3rd quarter. Private Advisor Group LLC now owns 901 shares of the information technology services provider’s stock valued at $456,000 after buying an additional 375 shares during the last quarter. International Assets Investment Management LLC lifted its stake in shares of Gartner by 65,778.0% in the third quarter. International Assets Investment Management LLC now owns 32,939 shares of the information technology services provider’s stock worth $16,692,000 after acquiring an additional 32,889 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its holdings in Gartner by 20.6% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 6,303 shares of the information technology services provider’s stock valued at $3,208,000 after purchasing an additional 1,078 shares during the last quarter. Arkadios Wealth Advisors grew its stake in Gartner by 14.4% during the 3rd quarter. Arkadios Wealth Advisors now owns 2,637 shares of the information technology services provider’s stock valued at $1,337,000 after purchasing an additional 332 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its holdings in Gartner by 17.9% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 30,005 shares of the information technology services provider’s stock worth $15,205,000 after purchasing an additional 4,565 shares during the last quarter. 91.51% of the stock is currently owned by hedge funds and other institutional investors.

Gartner, Inc operates as a research and advisory company in the United States, Canada, Europe, the Middle East, Africa, and internationally. It operates through three segments: Research, Conferences, and Consulting. The Research segment delivers its research primarily through a subscription service that include on-demand access to published research content, data and benchmarks, and direct access to a network of research experts.