Madison Asset Management LLC Sells 40,413 Shares of Gartner, Inc. $IT

Madison Asset Management LLC reduced its position in shares of Gartner, Inc. (NYSE:IT) by 5.6% during the 4th quarter, HoldingsChannel.com reports. The firm owned 675,398 shares of the information technology services provider’s stock after selling 40,413 shares during the quarter. Gartner accounts for about 2.0% of Madison Asset Management LLC’s holdings, making the stock its 6th biggest position. Madison Asset Management LLC’s holdings in Gartner were worth $170,389,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in IT. Independent Franchise Partners LLP acquired a new stake in Gartner during the 3rd quarter worth approximately $840,166,000. Capital International Investors bought a new stake in shares of Gartner in the 3rd quarter valued at about $820,113,000. Bamco Inc. NY grew its position in shares of Gartner by 18.3% in the 3rd quarter. Bamco Inc. NY now owns 4,322,113 shares of the information technology services provider’s stock valued at $1,136,154,000 after buying an additional 669,352 shares during the last quarter. AQR Capital Management LLC increased its stake in shares of Gartner by 88.7% in the third quarter. AQR Capital Management LLC now owns 1,245,952 shares of the information technology services provider’s stock valued at $326,278,000 after buying an additional 585,766 shares during the period. Finally, Vanguard Group Inc. raised its position in shares of Gartner by 5.3% during the third quarter. Vanguard Group Inc. now owns 10,082,185 shares of the information technology services provider’s stock worth $2,650,304,000 after acquiring an additional 509,902 shares during the last quarter. Institutional investors own 91.51% of the company’s stock.

Analyst Ratings Changes

IT has been the topic of several analyst reports. UBS Group upped their target price on Gartner from $166.00 to $170.00 and gave the company a “neutral” rating in a report on Wednesday, May 6th. BMO Capital Markets restated a “market perform” rating on shares of Gartner in a research report on Thursday, February 5th. Robert W. Baird set a $240.00 price objective on shares of Gartner in a research report on Wednesday, February 4th. Weiss Ratings downgraded shares of Gartner from a “sell (d+)” rating to a “sell (d)” rating in a research note on Monday, May 4th. Finally, Barclays dropped their target price on shares of Gartner from $180.00 to $150.00 and set an “equal weight” rating on the stock in a report on Friday, April 10th. Two investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $176.70.

Trending Headlines about Gartner

Here are the key news stories impacting Gartner this week:

• Negative Sentiment: Multiple law firms announced or reiterated securities class action lawsuits against Gartner, extending the deadline for investors to seek lead-plaintiff status. These repeated updates can keep investor focus on potential litigation risk, legal costs, and reputational damage. Article Title
• Negative Sentiment: Rosen, Bernstein Liebhard, Bronstein Gewirtz & Grossman, Portnoy, Gross Law Firm, Faruqi & Faruqi, and Schall all circulated similar class-action notices tied to Gartner’s Feb. 4, 2025 to Feb. 2, 2026 class period, suggesting the stock may continue to face headline overhang from shareholder litigation. Article Title
• Neutral Sentiment: Gartner-related industry coverage highlighted AI spending, cybersecurity, and CMO budget trends, which are broadly supportive of Gartner’s research franchise but do not appear to be immediate stock-moving catalysts. Article Title
• Neutral Sentiment: One report said Gartner lifted its outlook as AI reshapes consulting strategies, which may help sentiment around the company’s long-term demand backdrop, but the article provides limited direct financial detail. Article Title
• Positive Sentiment: Recent Gartner survey findings showing continued enterprise interest in AI spending could support the company’s advisory and research demand over time, even though the near-term stock reaction appears dominated by litigation concerns. Article Title

Gartner Stock Down 0.5%

Gartner stock opened at $153.07 on Wednesday. The company has a market capitalization of $10.78 billion, a PE ratio of 15.13, a PEG ratio of 0.84 and a beta of 0.91. Gartner, Inc. has a 12-month low of $139.18 and a 12-month high of $451.73. The firm’s fifty day moving average is $156.31 and its 200 day moving average is $197.72. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 46.98.

Gartner (NYSE:IT) last posted its quarterly earnings results on Tuesday, May 5th. The information technology services provider reported $3.32 EPS 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 analysts’ expectations of $1.51 billion. During the same period last year, the company posted $2.98 earnings per share. The business’s quarterly revenue was down 1.5% on a year-over-year basis. Gartner has set its FY 2026 guidance at 13.250- EPS. As a group, sell-side analysts predict that Gartner, Inc. will post 13.7 EPS 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.