CIBC Private Wealth Group LLC Has $5.29 Million Position in Gartner, Inc. $IT

CIBC Private Wealth Group LLC lessened its holdings in shares of Gartner, Inc. (NYSE:ITFree Report) by 17.7% during the 3rd quarter, HoldingsChannel reports. The firm owned 20,118 shares of the information technology services provider’s stock after selling 4,327 shares during the period. CIBC Private Wealth Group LLC’s holdings in Gartner were worth $5,288,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of IT. Osterweis Capital Management Inc. acquired a new stake in Gartner during the 2nd quarter worth approximately $48,000. True Wealth Design LLC lifted its stake in Gartner by 1,130.8% in the third quarter. True Wealth Design LLC now owns 160 shares of the information technology services provider’s stock valued at $42,000 after buying an additional 147 shares in the last quarter. Versant Capital Management Inc boosted its holdings in shares of Gartner by 1,284.6% in the third quarter. Versant Capital Management Inc now owns 180 shares of the information technology services provider’s stock valued at $47,000 after buying an additional 167 shares during the period. Caldwell Trust Co acquired a new position in shares of Gartner in the second quarter valued at approximately $81,000. Finally, CYBER HORNET ETFs LLC bought a new stake in shares of Gartner during the second quarter worth $83,000. 91.51% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on IT shares. The Goldman Sachs Group restated a “buy” rating and set a $220.00 price objective on shares of Gartner in a report on Thursday, February 5th. Truist Financial lowered their target price on Gartner from $300.00 to $170.00 and set a “buy” rating for the company in a report on Friday, February 6th. BMO Capital Markets reissued a “market perform” rating on shares of Gartner in a research note on Thursday, February 5th. Wells Fargo & Company cut their price target on Gartner from $218.00 to $150.00 and set an “underweight” rating on the stock in a report on Wednesday, February 4th. Finally, Deutsche Bank Aktiengesellschaft set a $204.00 price objective on Gartner in a research report on Wednesday, February 4th. Three research analysts have rated the stock with a Buy rating, six have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $190.70.

Read Our Latest Stock Analysis on Gartner

Trending Headlines about Gartner

Here are the key news stories impacting Gartner this week:

  • Positive Sentiment: CEO messaging stresses long‑term turnaround: CEO Gene Hall told investors the transformation is working and that it may “take a couple of years” to realize the payoff — a signal management expects recovery but asks for patience from shareholders. Gartner CEO: ‘It Can Take a Couple of Years’ Before Investors See the Payoff
  • Neutral Sentiment: Gartner research remains influential in the market: third parties continue to cite Gartner reports (e.g., vendors recognized in Gartner Market Guides/Magic Quadrants), underscoring the firm’s core research franchise even as its stock navigates headwinds. ZeOmega Recognized in the 2026 Gartner Market Guide
  • Negative Sentiment: Multiple class‑action filings and law‑firm solicitations: several firms (Robbins LLP, Rosen, Glancy, Faruqi, Pomerantz, Bragar Eagel & Squire, and others) have announced or reminded investors about a securities‑fraud class action covering Feb 4, 2025–Feb 2, 2026 and the May 18, 2026 lead‑plaintiff deadline — an immediate reputational and legal overhang. IT Class Action Reminder: Robbins LLP
  • Negative Sentiment: Allegations focus on disclosures and investor losses: coverage highlights claims that Gartner’s risk disclosures and forward guidance may have been inadequate during the class period — if proven, that could lead to damages, management distraction, and increased legal costs. IT Investor Alert: SueWallSt on alleged inadequate disclosures

Gartner Stock Performance

Shares of Gartner stock opened at $161.30 on Friday. The business’s fifty day simple moving average is $181.12 and its 200 day simple moving average is $221.82. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 9.30. The firm has a market capitalization of $11.36 billion, a P/E ratio of 16.71, a price-to-earnings-growth ratio of 1.60 and a beta of 1.08. Gartner, Inc. has a 12 month low of $139.18 and a 12 month high of $451.73.

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

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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