Gartner, Inc. $IT Position Increased by Lido Advisors LLC

Lido Advisors LLC boosted its holdings in Gartner, Inc. (NYSE:IT) by 548.5% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 50,665 shares of the information technology services provider’s stock after buying an additional 42,852 shares during the quarter. Lido Advisors LLC’s holdings in Gartner were worth $8,023,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Physician Wealth Advisors Inc. lifted its position in shares of Gartner by 143.9% during the 4th 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. DV Equities LLC acquired a new position in shares of Gartner in the 4th quarter worth $25,000. Rakuten Securities Inc. grew its holdings in shares of Gartner by 1,980.0% in the 4th quarter. Rakuten Securities Inc. now owns 104 shares of the information technology services provider’s stock worth $26,000 after acquiring an additional 99 shares during the last quarter. Entrust Financial LLC acquired a new stake in shares of Gartner during the fourth quarter worth $26,000. Finally, Bell Investment Advisors Inc raised its position in shares of Gartner by 75.5% during the first quarter. Bell Investment Advisors Inc now owns 172 shares of the information technology services provider’s stock worth $27,000 after purchasing an additional 74 shares during the period. Institutional investors own 91.51% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on IT shares. UBS Group reduced their target price on Gartner from $170.00 to $164.00 and set a “neutral” rating for the company in a report on Friday, June 12th. Royal Bank Of Canada dropped their price target on Gartner from $175.00 to $160.00 and set a “sector perform” rating on the stock in a research note on Wednesday, May 6th. Barclays cut their price objective on Gartner from $180.00 to $150.00 and set an “equal weight” rating on the stock in a report on Friday, April 10th. Weiss Ratings raised shares of Gartner from a “sell (d)” rating to a “sell (d+)” rating in a research note on Wednesday, July 15th. Finally, Wells Fargo & Company decreased their target price on shares of Gartner from $140.00 to $120.00 and set an “underweight” rating for the company in a report on Wednesday, June 24th. Two analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $173.10.

Gartner Price Performance

Shares of NYSE:IT opened at $140.56 on Friday. The company’s fifty day moving average is $144.85 and its two-hundred day moving average is $163.10. The company has a market cap of $9.41 billion, a P/E ratio of 13.89, a price-to-earnings-growth ratio of 0.74 and a beta of 0.97. Gartner, Inc. has a 12-month low of $124.25 and a 12-month high of $359.36. 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 issued its earnings results on Tuesday, May 5th. The information technology services provider reported $3.32 EPS for the quarter, topping the consensus estimate of $2.99 by $0.33. Gartner had a return on equity of 161.39% and a net margin of 11.44%.The business had revenue of $1.49 billion during the quarter, compared to analysts’ expectations of $1.51 billion. During the same quarter last year, the firm posted $2.98 earnings per share. Gartner’s revenue was down 1.5% compared to the same quarter last year. Gartner has set its FY 2026 guidance at 13.250- EPS. Equities analysts expect that Gartner, Inc. will post 13.61 earnings per share for the current fiscal year.

About Gartner

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.