Capital International Ltd. CA Acquires Shares of 4,989 Gartner, Inc. $IT

Capital International Ltd. CA acquired a new stake in Gartner, Inc. (NYSE:IT) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 4,989 shares of the information technology services provider’s stock, valued at approximately $1,259,000.

Several other large investors also recently bought and sold shares of the company. Cresset Asset Management LLC grew its position in Gartner by 3.3% in the third quarter. Cresset Asset Management LLC now owns 1,493 shares of the information technology services provider’s stock valued at $392,000 after acquiring an additional 47 shares in the last quarter. Horizon Investments LLC grew its position in Gartner by 4.3% in the fourth quarter. Horizon Investments LLC now owns 1,237 shares of the information technology services provider’s stock valued at $312,000 after acquiring an additional 51 shares in the last quarter. Shell Asset Management Co. grew its position in Gartner by 2.7% in the third quarter. Shell Asset Management Co. now owns 2,064 shares of the information technology services provider’s stock valued at $543,000 after acquiring an additional 54 shares in the last quarter. Brown Brothers Harriman & Co. grew its position in Gartner by 5.8% in the third quarter. Brown Brothers Harriman & Co. now owns 1,019 shares of the information technology services provider’s stock valued at $268,000 after acquiring an additional 56 shares in the last quarter. Finally, Physician Wealth Advisors Inc. grew its position in Gartner by 143.9% in the fourth quarter. Physician Wealth Advisors Inc. now owns 100 shares of the information technology services provider’s stock valued at $25,000 after acquiring an additional 59 shares in the last quarter. Institutional investors and hedge funds own 91.51% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have issued reports on the stock. 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. Morgan Stanley lowered their price objective on shares of Gartner from $200.00 to $183.00 and set an “equal weight” rating for the company in a research report on Wednesday, May 6th. UBS Group increased 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. Royal Bank Of Canada lowered their price objective on shares of Gartner from $175.00 to $160.00 and set a “sector perform” rating for the company in a research report on Wednesday, May 6th. Finally, The Goldman Sachs Group set a $162.00 price objective on shares of Gartner in a research report on Tuesday, May 5th. Two analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $176.70.

Gartner Stock Up 0.0%

IT stock opened at $164.09 on Monday. Gartner, Inc. has a twelve month low of $139.18 and a twelve month high of $430.19. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 46.98. The company has a market capitalization of $10.99 billion, a P/E ratio of 16.21, a PEG ratio of 0.90 and a beta of 0.94. The firm has a 50 day simple moving average of $155.37 and a 200-day simple moving average of $187.60.

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

Gartner 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.