Key Points
- Stephen Pagliuca, a Gartner director, bought 43,300 shares on Dec. 10 at an average price of $229.57 (≈$9.94M), increasing his holding to 111,613 shares—a 63.38% rise—and the trade was disclosed in an SEC Form 4.
- Gartner beat quarterly EPS ($2.76 vs. $2.41) on $1.52B revenue, set FY2025 EPS guidance around 12.65, and trades with a market cap of $16.84B while analysts have an average "Hold" rating and $311.67 price target; institutional investors own about 91.51% of the stock.
Gartner, Inc. (NYSE:IT - Get Free Report) Director Stephen Pagliuca purchased 43,300 shares of the business's stock in a transaction on Wednesday, December 10th. The stock was purchased at an average price of $229.57 per share, for a total transaction of $9,940,381.00. Following the acquisition, the director owned 111,613 shares of the company's stock, valued at approximately $25,622,996.41. This represents a 63.38% increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
Gartner Trading Up 0.4%
NYSE IT opened at $233.63 on Friday. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 4.42. Gartner, Inc. has a 52 week low of $222.54 and a 52 week high of $584.01. The business has a 50 day moving average price of $237.16 and a 200-day moving average price of $293.84. The company has a market cap of $16.84 billion, a price-to-earnings ratio of 20.49 and a beta of 1.08.
Gartner (NYSE:IT - Get Free Report) last posted its quarterly earnings results on Tuesday, November 4th. The information technology services provider reported $2.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.41 by $0.35. The business had revenue of $1.52 billion during the quarter, compared to the consensus estimate of $1.52 billion. Gartner had a net margin of 13.71% and a return on equity of 92.12%. Gartner has set its FY 2025 guidance at 12.650- EPS. As a group, equities analysts expect that Gartner, Inc. will post 12.5 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Gartner
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Sequoia Financial Advisors LLC boosted its stake in shares of Gartner by 1.8% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 1,725 shares of the information technology services provider's stock worth $697,000 after buying an additional 31 shares during the last quarter. Verdence Capital Advisors LLC lifted its holdings in Gartner by 2.6% during the second quarter. Verdence Capital Advisors LLC now owns 1,333 shares of the information technology services provider's stock worth $539,000 after acquiring an additional 34 shares during the period. Accurate Wealth Management LLC boosted its position in Gartner by 2.8% in the second quarter. Accurate Wealth Management LLC now owns 1,308 shares of the information technology services provider's stock worth $507,000 after purchasing an additional 36 shares during the last quarter. EP Wealth Advisors LLC boosted its position in Gartner by 5.0% in the first quarter. EP Wealth Advisors LLC now owns 800 shares of the information technology services provider's stock worth $336,000 after purchasing an additional 38 shares during the last quarter. Finally, Apollon Wealth Management LLC grew its stake in Gartner by 4.2% in the 2nd quarter. Apollon Wealth Management LLC now owns 965 shares of the information technology services provider's stock valued at $390,000 after purchasing an additional 39 shares during the period. Hedge funds and other institutional investors own 91.51% of the company's stock.
Wall Street Analysts Forecast Growth
IT has been the subject of several recent research reports. Weiss Ratings downgraded shares of Gartner from a "hold (c-)" rating to a "sell (d+)" rating in a research report on Saturday, October 25th. Royal Bank Of Canada began coverage on Gartner in a research note on Tuesday, September 9th. They set a "sector perform" rating and a $263.00 price target for the company. BMO Capital Markets lowered their price objective on Gartner from $272.00 to $254.00 and set a "market perform" rating for the company in a research note on Wednesday, November 5th. William Blair restated an "outperform" rating on shares of Gartner in a report on Tuesday, October 21st. Finally, Barclays cut their target price on Gartner from $270.00 to $260.00 and set an "equal weight" rating on the stock in a research report on Wednesday, November 5th. Four investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, Gartner presently has an average rating of "Hold" and an average price target of $311.67.
View Our Latest Report on Gartner
Gartner Company Profile
(
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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.
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