Bessemer Group Inc. Decreases Stock Holdings in Gartner, Inc. $IT

Bessemer Group Inc. trimmed its position in shares of Gartner, Inc. (NYSE:ITFree Report) by 14.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 780,350 shares of the information technology services provider’s stock after selling 131,210 shares during the period. Bessemer Group Inc.’s holdings in Gartner were worth $196,866,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. Physician Wealth Advisors Inc. raised its holdings 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 worth $25,000 after acquiring an additional 59 shares in the last quarter. Rakuten Securities Inc. raised its holdings 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 worth $26,000 after acquiring an additional 99 shares in the last quarter. Activest Wealth Management raised its holdings in shares of Gartner by 11,600.0% during the 4th quarter. Activest Wealth Management now owns 117 shares of the information technology services provider’s stock worth $30,000 after acquiring an additional 116 shares in the last quarter. Eastern Bank raised its holdings in shares of Gartner by 236.8% during the 4th quarter. Eastern Bank now owns 128 shares of the information technology services provider’s stock worth $32,000 after acquiring an additional 90 shares in the last quarter. Finally, Aventura Private Wealth LLC purchased a new stake in shares of Gartner during the 4th quarter worth approximately $40,000. 91.51% of the stock is owned by hedge funds and other institutional investors.

Gartner News Roundup

Here are the key news stories impacting Gartner this week:

  • Negative Sentiment: Multiple law firms, including Glancy Prongay Wolke & Rotter, Rosen Law Firm, Bernstein Liebhard, the Schall Law Firm, DJS Law Group, and Faruqi & Faruqi, reiterated that investors who bought Gartner shares between February 4, 2025 and February 2, 2026 may join a securities fraud class action, with a May 18 lead-plaintiff deadline. These repeated legal notices can weigh on sentiment by highlighting litigation risk and potential costs. Article Title
  • Neutral Sentiment: Several industry commentary pieces focused on Gartner’s view of AI and cloud-sovereignty trends, including claims that AI is not yet replacing the broader information-services sector and that sovereign cloud remains limited. These articles are more thematic than company-specific and are less likely to move the stock materially on their own. Article Title

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the company. Morgan Stanley decreased their price objective on Gartner from $200.00 to $183.00 and set an “equal weight” rating on the stock in a report on Wednesday, May 6th. Barclays decreased their price target on Gartner from $180.00 to $150.00 and set an “equal weight” rating on the stock in a report on Friday, April 10th. Robert W. Baird set a $240.00 price target on Gartner in a report on Wednesday, February 4th. Royal Bank Of Canada decreased their price target on Gartner from $175.00 to $160.00 and set a “sector perform” rating on the stock in a report on Wednesday, May 6th. Finally, The Goldman Sachs Group set a $162.00 price target on Gartner in a report on Tuesday, May 5th. Two investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, Gartner has an average rating of “Hold” and a consensus price target of $176.70.

Read Our Latest Research Report on Gartner

Gartner Stock Performance

NYSE:IT opened at $140.88 on Friday. The stock’s fifty day moving average is $155.52 and its 200 day moving average is $196.20. Gartner, Inc. has a fifty-two week low of $139.18 and a fifty-two week high of $450.60. The firm has a market capitalization of $9.43 billion, a PE ratio of 13.92, a PEG ratio of 0.79 and a beta of 0.91. The company has a debt-to-equity ratio of 46.98, a quick ratio of 0.94 and a current ratio of 0.94.

Gartner (NYSE:ITGet Free Report) last released its quarterly earnings results on Tuesday, May 5th. The information technology services provider reported $3.32 earnings per share for the quarter, beating 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 company had revenue of $1.49 billion for the quarter, compared to analyst estimates of $1.51 billion. During the same quarter in the prior year, the firm posted $2.98 EPS. Gartner’s quarterly revenue was down 1.5% compared to the same quarter last year. Gartner has set its FY 2026 guidance at 13.250- EPS. On average, sell-side analysts anticipate that Gartner, Inc. will post 13.7 earnings per share for the current year.

About Gartner

(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.

Featured Stories

Want to see what other hedge funds are holding IT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Gartner, Inc. (NYSE:ITFree Report).

Institutional Ownership by Quarter for Gartner (NYSE:IT)

Receive News & Ratings for Gartner Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gartner and related companies with MarketBeat.com's FREE daily email newsletter.