CIBC Private Wealth Group LLC trimmed its holdings in Gartner, Inc. (NYSE:IT – Free Report) by 17.7% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 20,118 shares of the information technology services provider’s stock after selling 4,327 shares during the period. CIBC Private Wealth Group LLC’s holdings in Gartner were worth $5,288,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also modified their holdings of the company. Independent Franchise Partners LLP acquired a new position in Gartner during the third quarter worth $840,166,000. Capital International Investors acquired a new stake in shares of Gartner in the third quarter worth about $820,113,000. Norges Bank bought a new stake in shares of Gartner during the 2nd quarter worth about $394,133,000. Bamco Inc. NY boosted its stake in shares of Gartner by 18.3% during the 3rd quarter. Bamco Inc. NY now owns 4,322,113 shares of the information technology services provider’s stock worth $1,136,154,000 after acquiring an additional 669,352 shares in the last quarter. Finally, AQR Capital Management LLC increased its holdings in shares of Gartner by 88.7% during the 3rd 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 acquiring an additional 585,766 shares during the last quarter. Institutional investors and hedge funds own 91.51% of the company’s stock.
Gartner Stock Up 1.3%
Gartner stock opened at $161.30 on Friday. The firm has a market capitalization of $11.36 billion, a price-to-earnings ratio of 16.71, a PEG ratio of 1.60 and a beta of 1.08. The company’s 50 day simple moving average is $181.12 and its 200 day simple moving average is $221.82. The company has a debt-to-equity ratio of 9.30, a current ratio of 1.00 and a quick ratio of 1.00. Gartner, Inc. has a fifty-two week low of $139.18 and a fifty-two week high of $451.73.
Wall Street Analyst Weigh In
A number of research analysts recently weighed in on the company. Barclays cut their price objective on Gartner from $260.00 to $180.00 and set an “equal weight” rating on the stock in a research note on Thursday, February 5th. Royal Bank Of Canada set a $175.00 price target on Gartner in a report on Wednesday, February 4th. Weiss Ratings reissued a “sell (d+)” rating on shares of Gartner in a research report on Thursday, January 22nd. UBS Group set a $180.00 price objective on shares of Gartner in a research note on Wednesday, February 4th. Finally, Truist Financial lowered their target price on shares of Gartner from $300.00 to $170.00 and set a “buy” rating on the stock in a research note on Friday, February 6th. Three equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $190.70.
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Gartner News Summary
Here are the key news stories impacting Gartner this week:
- Positive Sentiment: CEO messaging stresses long‑term turnaround: CEO Gene Hall told investors the transformation is working and that it may “take a couple of years” to realize the payoff — a signal management expects recovery but asks for patience from shareholders. Gartner CEO: ‘It Can Take a Couple of Years’ Before Investors See the Payoff
- Neutral Sentiment: Gartner research remains influential in the market: third parties continue to cite Gartner reports (e.g., vendors recognized in Gartner Market Guides/Magic Quadrants), underscoring the firm’s core research franchise even as its stock navigates headwinds. ZeOmega Recognized in the 2026 Gartner Market Guide
- Negative Sentiment: Multiple class‑action filings and law‑firm solicitations: several firms (Robbins LLP, Rosen, Glancy, Faruqi, Pomerantz, Bragar Eagel & Squire, and others) have announced or reminded investors about a securities‑fraud class action covering Feb 4, 2025–Feb 2, 2026 and the May 18, 2026 lead‑plaintiff deadline — an immediate reputational and legal overhang. IT Class Action Reminder: Robbins LLP
- Negative Sentiment: Allegations focus on disclosures and investor losses: coverage highlights claims that Gartner’s risk disclosures and forward guidance may have been inadequate during the class period — if proven, that could lead to damages, management distraction, and increased legal costs. IT Investor Alert: SueWallSt on alleged inadequate disclosures
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.
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