Edgestream Partners L.P. Sells 3,848 Shares of Gartner, Inc. $IT

Edgestream Partners L.P. decreased its holdings in Gartner, Inc. (NYSE:IT) by 11.8% during the first quarter, HoldingsChannel.com reports. The firm owned 28,873 shares of the information technology services provider’s stock after selling 3,848 shares during the quarter. Edgestream Partners L.P.’s holdings in Gartner were worth $4,572,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Physician Wealth Advisors Inc. boosted its stake in shares of Gartner by 143.9% during the fourth quarter. Physician Wealth Advisors Inc. now owns 100 shares of the information technology services provider’s stock valued at $25,000 after purchasing an additional 59 shares during the period. DV Equities LLC purchased a new position in Gartner in the 4th quarter worth about $25,000. Rakuten Securities Inc. increased its stake in 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 buying an additional 99 shares during the period. Entrust Financial LLC bought a new stake in Gartner during the 4th quarter valued at about $26,000. Finally, Bell Investment Advisors Inc boosted its position in Gartner by 75.5% in the 1st quarter. Bell Investment Advisors Inc now owns 172 shares of the information technology services provider’s stock valued at $27,000 after buying an additional 74 shares during the period. 91.51% of the stock is currently owned by institutional investors.

Key Headlines Impacting Gartner

Here are the key news stories impacting Gartner this week:

• Positive Sentiment: Growing enterprise spending on artificial intelligence and cloud infrastructure could support demand for Gartner’s research and advisory services over time. Gartner’s research identifies AWS, Google, Oracle and Microsoft as leading providers in cloud AI infrastructure, underscoring the expanding market opportunity. AWS, Google, Oracle, Microsoft Top Gartner’s Cloud AI Infrastructure List For 2026
• Neutral Sentiment: Several technology vendors—including Incode, Veridas, Regula and EasyVista—highlighted recognition in Gartner Magic Quadrant reports. These announcements reinforce Gartner’s brand authority and the relevance of its analyst products, but they are primarily vendor marketing announcements and do not create an immediate earnings catalyst for IT. Incode Named a Leader in the 2026 Gartner Magic Quadrant ARIS Recognized as a Leader in Gartner Magic Quadrant
• Negative Sentiment: Gartner’s upcoming second-quarter results are expected to show revenue declining as its Insights and Consulting businesses weaken. Analysts expect EPS to increase through cost discipline and share repurchases, but the anticipated top-line contraction is likely weighing more heavily on sentiment. Gartner Gears Up to Report Q2 Earnings: Key Takeaways for Investors

Gartner Stock Performance

Shares of NYSE:IT opened at $151.34 on Friday. The firm has a 50 day moving average of $144.62 and a 200 day moving average of $159.95. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 46.98. The company has a market capitalization of $10.13 billion, a price-to-earnings ratio of 14.95, a price-to-earnings-growth ratio of 0.85 and a beta of 0.97. Gartner, Inc. has a 52 week low of $124.25 and a 52 week high of $345.50.

Gartner (NYSE:IT) last announced its earnings results on Tuesday, May 5th. The information technology services provider reported $3.32 earnings per share (EPS) 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 business had revenue of $1.49 billion for the quarter, compared to analysts’ expectations of $1.51 billion. During the same quarter last year, the firm earned $2.98 EPS. The business’s revenue for the quarter was down 1.5% on a year-over-year basis. Gartner has set its FY 2026 guidance at 13.250- EPS. On average, sell-side analysts predict that Gartner, Inc. will post 13.61 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on IT. The Goldman Sachs Group set a $162.00 target price on shares of Gartner in a research note on Tuesday, May 5th. Morgan Stanley decreased their price target on shares of Gartner from $183.00 to $173.00 and set an “equal weight” rating for the company in a research note on Friday, July 10th. Wells Fargo & Company lowered their price target on Gartner from $140.00 to $120.00 and set an “underweight” rating for the company in a report on Wednesday, June 24th. Barclays dropped their price objective on Gartner from $180.00 to $150.00 and set an “equal weight” rating on the stock in a research note on Friday, April 10th. Finally, Royal Bank Of Canada reduced their price objective on Gartner from $175.00 to $160.00 and set a “sector perform” rating on the stock in a report on Wednesday, May 6th. 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’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $173.10.

Gartner Company 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.