Gartner, Inc. (NYSE:IT – Free Report) – Equities research analysts at William Blair increased their FY2025 earnings per share (EPS) estimates for shares of Gartner in a research report issued on Tuesday, November 5th. William Blair analyst A. Nicholas now forecasts that the information technology services provider will post earnings of $13.13 per share for the year, up from their previous forecast of $12.83. The consensus estimate for Gartner’s current full-year earnings is $11.65 per share. William Blair also issued estimates for Gartner’s Q4 2025 earnings at $3.73 EPS.
Several other equities analysts have also weighed in on the company. StockNews.com upgraded Gartner from a “hold” rating to a “buy” rating in a research note on Wednesday. Bank of America boosted their price objective on Gartner from $525.00 to $580.00 and gave the company a “buy” rating in a research report on Wednesday, July 31st. Deutsche Bank Aktiengesellschaft increased their target price on Gartner from $529.00 to $531.00 and gave the company a “hold” rating in a research report on Wednesday. Barclays boosted their price target on shares of Gartner from $470.00 to $525.00 and gave the stock an “equal weight” rating in a report on Wednesday. Finally, BMO Capital Markets lifted their target price on shares of Gartner from $450.00 to $510.00 and gave the company a “market perform” rating in a research report on Wednesday, July 31st. One research analyst has rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $539.25.
Gartner Stock Up 1.3 %
IT stock opened at $547.75 on Thursday. The firm’s fifty day moving average is $512.66 and its 200 day moving average is $474.26. The firm has a market cap of $42.21 billion, a PE ratio of 40.39, a P/E/G ratio of 3.14 and a beta of 1.32. Gartner has a one year low of $397.43 and a one year high of $552.33. The company has a debt-to-equity ratio of 3.80, a quick ratio of 0.90 and a current ratio of 0.90.
Gartner (NYSE:IT – Get Free Report) last released its quarterly earnings data on Tuesday, November 5th. The information technology services provider reported $2.50 EPS for the quarter, topping the consensus estimate of $2.45 by $0.05. The business had revenue of $1.48 billion for the quarter, compared to analyst estimates of $1.48 billion. Gartner had a return on equity of 142.05% and a net margin of 13.67%. The business’s quarterly revenue was up 5.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.56 EPS.
Insider Buying and Selling
In other Gartner news, Director James C. Smith sold 10,000 shares of the stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $535.76, for a total value of $5,357,600.00. Following the completion of the sale, the director now owns 554,274 shares in the company, valued at approximately $296,957,838.24. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other Gartner news, Director James C. Smith sold 10,000 shares of the firm’s stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $535.76, for a total value of $5,357,600.00. Following the completion of the sale, the director now directly owns 554,274 shares of the company’s stock, valued at $296,957,838.24. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Akhil Jain sold 400 shares of Gartner stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $485.00, for a total value of $194,000.00. Following the transaction, the executive vice president now owns 4,839 shares in the company, valued at approximately $2,346,915. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 59,899 shares of company stock worth $30,317,486. 3.60% of the stock is owned by insiders.
Institutional Trading of Gartner
A number of hedge funds and other institutional investors have recently made changes to their positions in IT. Eastern Bank purchased a new position in Gartner in the third quarter worth approximately $26,000. Central Pacific Bank Trust Division acquired a new stake in shares of Gartner during the 1st quarter worth about $36,000. Crewe Advisors LLC raised its holdings in Gartner by 223.3% in the 2nd quarter. Crewe Advisors LLC now owns 97 shares of the information technology services provider’s stock valued at $44,000 after buying an additional 67 shares during the period. Ashton Thomas Securities LLC acquired a new position in Gartner in the third quarter valued at about $44,000. Finally, Fortitude Family Office LLC boosted its stake in Gartner by 23.8% during the third quarter. Fortitude Family Office LLC now owns 104 shares of the information technology services provider’s stock worth $53,000 after buying an additional 20 shares during the period. Institutional investors and hedge funds own 91.51% of the company’s stock.
About Gartner
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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