Aigen Investment Management LP Has $516,000 Position in Gartner, Inc. $IT

Aigen Investment Management LP lowered its position in Gartner, Inc. (NYSE:IT) by 67.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,046 shares of the information technology services provider’s stock after selling 4,239 shares during the quarter. Aigen Investment Management LP’s holdings in Gartner were worth $516,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in IT. Physician Wealth Advisors Inc. lifted its stake 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 during the last quarter. Rakuten Securities Inc. lifted its stake in Gartner by 1,980.0% in the fourth quarter. Rakuten Securities Inc. now owns 104 shares of the information technology services provider’s stock valued at $26,000 after acquiring an additional 99 shares during the last quarter. Entrust Financial LLC acquired a new stake in Gartner in the fourth quarter valued at $26,000. Elyxium Wealth LLC acquired a new stake in Gartner in the fourth quarter valued at $28,000. Finally, Activest Wealth Management lifted its stake in Gartner by 11,600.0% in the fourth 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 during the last quarter. Institutional investors and hedge funds own 91.51% of the company’s stock.

Gartner Price Performance

Shares of Gartner stock opened at $142.78 on Tuesday. Gartner, Inc. has a twelve month low of $139.18 and a twelve month high of $409.98. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 46.98. The company has a 50-day simple moving average of $154.76 and a two-hundred day simple moving average of $184.34. The stock has a market capitalization of $9.56 billion, a price-to-earnings ratio of 14.11, a price-to-earnings-growth ratio of 0.81 and a beta of 0.94.

Gartner (NYSE:IT) last issued its quarterly earnings data on Tuesday, May 5th. The information technology services provider reported $3.32 earnings per share for the quarter, topping the consensus estimate 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 analysts’ expectations of $1.51 billion. During the same quarter in the previous year, the company earned $2.98 EPS. The business’s revenue was down 1.5% on a year-over-year basis. Gartner has set its FY 2026 guidance at 13.250- EPS. Analysts forecast that Gartner, Inc. will post 13.7 EPS for the current year.

Wall Street Analyst Weigh In

A number of brokerages have commented on IT. The Goldman Sachs Group set a $162.00 price target on shares of Gartner in a research note on Tuesday, May 5th. Morgan Stanley cut their target price on shares of Gartner from $200.00 to $183.00 and set an “equal weight” rating for the company in a research note on Wednesday, May 6th. Wells Fargo & Company cut their target price on shares of Gartner from $150.00 to $140.00 and set an “underweight” rating for the company in a research note on Friday, March 27th. Barclays cut their target price on shares of Gartner from $180.00 to $150.00 and set an “equal weight” rating for the company in a research note on Friday, April 10th. Finally, UBS Group cut their target price on shares of Gartner from $170.00 to $164.00 and set a “neutral” rating for the company in a research note on Friday. Two equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $176.10.

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.