Bamco Inc. NY Invests $985.24 Million in Gartner, Inc. $IT

Bamco Inc. NY acquired a new stake in shares of Gartner, Inc. (NYSE:IT) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 7,601,009 shares of the information technology services provider’s stock, valued at approximately $985,243,000. Gartner makes up approximately 1.5% of Bamco Inc. NY’s investment portfolio, making the stock its 13th biggest holding. Bamco Inc. NY owned about 0.12% of Gartner as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. DV Equities LLC bought a new stake in shares of Gartner in the 4th quarter valued at about $25,000. Entrust Financial LLC purchased a new stake in Gartner during the fourth quarter valued at approximately $26,000. Bell Investment Advisors Inc boosted its stake in 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 acquiring an additional 74 shares in the last quarter. Elyxium Wealth LLC purchased a new position in Gartner in the fourth quarter worth $28,000. Finally, Activest Wealth Management increased its position in shares of Gartner by 11,600.0% during the fourth quarter. Activest Wealth Management now owns 117 shares of the information technology services provider’s stock worth $30,000 after purchasing an additional 116 shares in the last quarter. Hedge funds and other institutional investors own 91.51% of the company’s stock.

Insider Activity

In related news, EVP Akhil Jain sold 700 shares of Gartner stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $201.73, for a total value of $141,211.00. Following the completion of the transaction, the executive vice president owned 8,130 shares in the company, valued at $1,640,064.90. The trade was a 7.93% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Yvonne Genovese sold 1,205 shares of the stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $190.06, for a total value of $229,022.30. Following the transaction, the executive vice president owned 6,208 shares in the company, valued at $1,179,892.48. This represents a 16.26% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 2,765 shares of company stock worth $528,731 in the last ninety days. Company insiders own 2.60% of the company’s stock.

Gartner Price Performance

NYSE:IT opened at $193.00 on Thursday. The company has a debt-to-equity ratio of 46.98, a current ratio of 0.88 and a quick ratio of 0.88. The company has a 50 day moving average price of $155.00 and a 200-day moving average price of $155.69. Gartner, Inc. has a 1-year low of $124.25 and a 1-year high of $265.85. The firm has a market cap of $12.19 billion, a price-to-earnings ratio of 17.31, a price-to-earnings-growth ratio of 0.68 and a beta of 0.94.

Gartner (NYSE:IT) last released its quarterly earnings results on Tuesday, August 4th. The information technology services provider reported $4.37 EPS for the quarter, beating the consensus estimate of $3.76 by $0.61. Gartner had a net margin of 11.99% and a return on equity of 525.46%. The company had revenue of $1.68 billion for the quarter, compared to analyst estimates of $1.65 billion. During the same quarter last year, the business earned $3.53 earnings per share. The firm’s revenue was down .6% on a year-over-year basis. Gartner has set its FY 2026 guidance at 14.000- EPS. Equities research analysts forecast that Gartner, Inc. will post 14.42 EPS for the current year.

Key Gartner News

Here are the key news stories impacting Gartner this week:

• Positive Sentiment: Recent performance and buybacks support confidence: Gartner shares have gained about 28% over the past three months, helped by consistent earnings beats, relatively steady revenue, and expanded share repurchases. The company’s latest quarterly results also exceeded consensus estimates for both earnings and revenue. Gartner Stock Gains 28% in 3 Months: Here’s What You Should Know
• Neutral Sentiment: AI guidance reinforces Gartner’s market relevance: Gartner is advising businesses to use sandboxes to control and test AI agents. The guidance may support the company’s thought-leadership profile, but the article does not announce a new contract or material financial impact. Gartner: Deploy sandboxes to rein in AI agents
• Neutral Sentiment: Industry research highlights growth opportunities: Gartner forecasts that memory semiconductor sales could quadruple this year, indicating strong technology spending and potential demand for related research and advisory services. However, this is an industry forecast rather than company-specific guidance. Gartner: Memory semiconductor sales to quadruple this year
• Negative Sentiment: Executive insider sale may pressure sentiment: Consulting EVP Akhil Jain sold 700 Gartner shares for approximately $141,211 at an average price of $201.73, reducing his direct holdings by 7.93%. While insider sales can be routine, investors may interpret the transaction as a cautious signal. Akhil Jain Gartner insider transaction
• Negative Sentiment: Shareholder investigation adds legal overhang: Bernstein Liebhard LLP is investigating whether Gartner directors and officers breached fiduciary duties. The announcement is an allegation and does not establish wrongdoing, but it introduces potential legal and reputational risk for shareholders. Gartner Shareholder Investigation Alert

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on IT shares. Weiss Ratings upgraded Gartner from a “sell (d)” rating to a “sell (d+)” rating in a research note on Thursday, August 13th. Royal Bank Of Canada increased their price target on shares of Gartner from $160.00 to $164.00 and gave the stock a “sector perform” rating in a report on Wednesday, August 5th. Truist Financial set a $205.00 price target on shares of Gartner in a research report on Wednesday, August 5th. Morgan Stanley set a $177.00 price objective on shares of Gartner in a research note on Wednesday, August 5th. Finally, The Goldman Sachs Group boosted their target price on shares of Gartner from $162.00 to $181.00 and gave the company 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. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $187.30.

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.