Key Points
- Director Anne Sutherland Fuchs sold 860 Gartner shares for approximately $158,500 at an average price of $184.30, reducing her position by 9.6% to 8,097 shares.
- Gartner’s quarterly results beat expectations, with EPS of $4.37 versus the $3.76 consensus and revenue of $1.68 billion versus $1.65 billion expected. However, revenue declined 0.6% year over year.
- Analyst sentiment remains mixed, with a consensus rating of Hold and an average price target of $185.50; Gartner maintained fiscal 2026 EPS guidance of about $14.00.
Gartner, Inc. (NYSE:IT - Get Free Report) Director Anne Sutherland Fuchs sold 860 shares of Gartner stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $184.30, for a total transaction of $158,498.00. Following the completion of the sale, the director owned 8,097 shares in the company, valued at approximately $1,492,277.10. This trade represents a 9.60% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
Gartner Stock Down 3.3%
IT stock opened at $186.88 on Wednesday. Gartner, Inc. has a 52 week low of $124.25 and a 52 week high of $265.85. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 46.98. The firm has a 50-day simple moving average of $147.05 and a 200-day simple moving average of $156.93. The stock has a market capitalization of $12.51 billion, a P/E ratio of 16.76, a P/E/G ratio of 0.64 and a beta of 0.94.
Gartner (NYSE:IT - Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The information technology services provider reported $4.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.76 by $0.61. Gartner had a return on equity of 525.46% and a net margin of 11.99%.The company had revenue of $1.68 billion for the quarter, compared to analysts' expectations of $1.65 billion. During the same period in the previous year, the firm posted $3.53 EPS. Gartner's revenue was down .6% compared to the same quarter last year. Gartner has set its FY 2026 guidance at 14.000- EPS. Equities analysts forecast that Gartner, Inc. will post 14.44 earnings per share for the current fiscal year.
Key Headlines Impacting Gartner
Here are the key news stories impacting Gartner this week:
- Positive Sentiment: Quarterly results exceeded expectations. Gartner reported adjusted earnings of $4.37 per share, above the $3.76 consensus estimate, while revenue of $1.68 billion also topped forecasts. Earnings increased from $3.53 per share a year earlier, supporting the case that cost control and profitability remain solid. Gartner Q2 2026 Earnings Call Transcript
- Positive Sentiment: AI infrastructure spending is expected to nearly double. Gartner forecasts global AI infrastructure spending will reach $42.3 billion in 2026. The outlook highlights continued demand for technology research and advisory services, although it is an industry forecast rather than a direct change to Gartner’s financial guidance. AI infrastructure spending forecast
- Neutral Sentiment: Recent coverage is focused on Gartner’s earnings call and market outlook. Analyst questions and commentary following the second-quarter results may help investors assess demand trends, guidance, and the pace of recovery in Gartner’s business. The company maintained fiscal 2026 earnings guidance of approximately $14.00 per share, while analysts currently project about $14.44. Analyst questions from Gartner’s Q2 earnings call
- Negative Sentiment: Revenue remains under pressure. Quarterly revenue declined 0.6% year over year despite the earnings and revenue beat. Investors may therefore be cautious about whether Gartner can convert AI-related industry growth into sustained company-level revenue expansion.
- Negative Sentiment: A director sold shares. Director Anne Sutherland Fuchs sold 860 shares for approximately $158,500, reducing her direct ownership by 9.6%. The transaction is relatively small compared with Gartner’s market value and does not necessarily signal a change in business fundamentals, but it adds modest selling pressure. SEC insider transaction filing
Hedge Funds Weigh In On Gartner
Institutional investors have recently added to or reduced their stakes in the stock. Physician Wealth Advisors Inc. grew its holdings in Gartner by 143.9% in the 4th quarter. Physician Wealth Advisors Inc. now owns 100 shares of the information technology services provider's stock valued at $25,000 after buying an additional 59 shares in the last quarter. DV Equities LLC purchased a new position in shares of Gartner during the 4th quarter worth $25,000. Rakuten Securities Inc. boosted its position in shares of Gartner by 1,980.0% during the 4th 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 position in shares of Gartner during the 4th quarter valued at about $26,000. Finally, Bell Investment Advisors Inc grew its holdings in shares of Gartner by 75.5% in the first quarter. Bell Investment Advisors Inc now owns 172 shares of the information technology services provider's stock valued at $27,000 after purchasing an additional 74 shares during the period. Hedge funds and other institutional investors own 91.51% of the company's stock.
Analyst Ratings Changes
IT has been the subject of several recent research reports. Weiss Ratings downgraded Gartner from a "sell (d+)" rating to a "sell (d)" rating in a research note on Friday, July 31st. Truist Financial set a $205.00 target price on shares of Gartner in a report on Wednesday, August 5th. Morgan Stanley set a $177.00 target price on shares of Gartner in a research report on Wednesday, August 5th. Wells Fargo & Company raised their price target on shares of Gartner from $120.00 to $150.00 and gave the stock an "underweight" rating in a research note on Wednesday, August 5th. Finally, UBS Group boosted their price target on shares of Gartner from $164.00 to $196.00 and gave the stock a "neutral" rating in a research report on Wednesday, August 5th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, seven have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $185.50.
View Our Latest Research Report on IT
Gartner Company Profile
(
Get 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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
