Gartner (IT) – Analysts’ Recent Ratings Updates

Several analysts have recently updated their ratings and price targets for Gartner (NYSE: IT):

• 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.
• 12/12/2024 – Gartner had its price target raised by analysts at Morgan Stanley from $560.00 to $564.00. They now have an “equal weight” rating on the stock.

Gartner Trading Down 0.3 %

Shares of NYSE:IT traded down $1.42 during mid-day trading on Tuesday, hitting $546.38. The stock had a trading volume of 927,793 shares, compared to its average volume of 477,354. Gartner, Inc. has a 12-month low of $411.15 and a 12-month high of $584.01. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.02. The company has a market cap of $42.14 billion, a PE ratio of 40.29, a P/E/G ratio of 3.37 and a beta of 1.34. The company’s 50 day moving average is $508.50 and its 200-day moving average is $504.99.

Gartner (NYSE:IT) last released its quarterly earnings data on Tuesday, February 4th. The information technology services provider reported $5.45 EPS for the quarter, topping analysts’ consensus estimates of $3.22 by $2.23. Gartner had a return on equity of 118.27% and a net margin of 17.33%. The firm had revenue of $1.72 billion for the quarter, compared to the consensus estimate of $1.69 billion. During the same quarter in the prior year, the company posted $3.04 earnings per share. The firm’s revenue was up 8.1% on a year-over-year basis. On average, sell-side analysts predict that Gartner, Inc. will post 11.87 EPS for the current year.

Insider Activity at Gartner

In other news, EVP Claire Herkes sold 411 shares of the firm’s stock in a transaction dated 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 owns 1,494 shares in the company, valued at approximately $778,732.56. This trade represents a 21.57 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director James C. Smith sold 17,533 shares of Gartner stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of $547.09, for a total value of $9,592,128.97. Following the sale, the director now directly owns 532,294 shares of the company’s stock, valued at approximately $291,212,724.46. The trade was a 3.19 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 35,583 shares of company stock valued at $19,241,974 over the last quarter. Corporate insiders own 3.60% of the company’s stock.

Institutional Trading of Gartner

Several hedge funds have recently modified their holdings of IT. State Street Corp boosted its holdings in shares of Gartner by 1.1% in the 3rd quarter. State Street Corp now owns 3,257,355 shares of the information technology services provider’s stock worth $1,650,697,000 after buying an additional 36,258 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of Gartner by 1.9% in the third quarter. Geode Capital Management LLC now owns 2,018,358 shares of the information technology services provider’s stock valued at $1,020,378,000 after acquiring an additional 36,698 shares during the period. Principal Financial Group Inc. increased its holdings in shares of Gartner by 0.6% in the fourth quarter. Principal Financial Group Inc. now owns 2,012,799 shares of the information technology services provider’s stock worth $975,141,000 after purchasing an additional 11,657 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of Gartner by 7.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,036,530 shares of the information technology services provider’s stock valued at $525,272,000 after acquiring an additional 70,236 shares in the last quarter. Finally, Franklin Resources Inc. raised its stake in Gartner by 3.3% in the third quarter. Franklin Resources Inc. now owns 801,589 shares of the information technology services provider’s stock valued at $422,678,000 after purchasing an additional 25,315 shares in the last quarter. Institutional investors own 91.51% of the company’s stock.

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.