Allworth Financial LP lowered its position in Gartner, Inc. (NYSE:IT – Free Report) by 79.3% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,052 shares of the information technology services provider’s stock after selling 4,033 shares during the quarter. Allworth Financial LP’s holdings in Gartner were worth $277,000 at the end of the most recent quarter.
Several other hedge funds also recently bought and sold shares of the company. Osterweis Capital Management Inc. acquired a new position in shares of Gartner during the 2nd quarter worth $48,000. True Wealth Design LLC increased its position in Gartner by 1,130.8% during the third quarter. True Wealth Design LLC now owns 160 shares of the information technology services provider’s stock worth $42,000 after buying an additional 147 shares during the last quarter. Versant Capital Management Inc raised its holdings in Gartner by 1,284.6% during the third quarter. Versant Capital Management Inc now owns 180 shares of the information technology services provider’s stock valued at $47,000 after buying an additional 167 shares in the last quarter. Caldwell Trust Co bought a new position in Gartner during the second quarter valued at about $81,000. Finally, CYBER HORNET ETFs LLC acquired a new stake in shares of Gartner in the second quarter worth about $83,000. 91.51% of the stock is owned by institutional investors and hedge funds.
Gartner Stock Up 4.2%
NYSE IT opened at $156.54 on Friday. The company has a debt-to-equity ratio of 9.30, a quick ratio of 1.00 and a current ratio of 1.00. The firm has a 50-day simple moving average of $174.59 and a 200 day simple moving average of $219.33. Gartner, Inc. has a twelve month low of $139.18 and a twelve month high of $451.73. The stock has a market cap of $11.03 billion, a PE ratio of 16.22, a PEG ratio of 1.51 and a beta of 1.08.
Analyst Upgrades and Downgrades
A number of research firms have recently commented on IT. Deutsche Bank Aktiengesellschaft set a $204.00 price target on shares of Gartner in a research report on Wednesday, February 4th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Gartner in a report on Thursday, January 22nd. Wells Fargo & Company lowered their target price on shares of Gartner from $218.00 to $150.00 and set an “underweight” rating on the stock in a research note on Wednesday, February 4th. Truist Financial cut their price objective on Gartner from $300.00 to $170.00 and set a “buy” rating for the company in a research report on Friday, February 6th. Finally, UBS Group decreased their target price on Gartner from $180.00 to $166.00 and set a “neutral” rating for the company in a research note on Thursday. Three investment analysts have rated the stock with a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, Gartner presently has a consensus rating of “Hold” and a consensus target price of $189.30.
View Our Latest Stock Analysis on IT
Trending Headlines about Gartner
Here are the key news stories impacting Gartner this week:
- Neutral Sentiment: UBS lowered its price target on Gartner from $180 to $166 and maintained a “neutral” rating, implying limited near-term upside from the current share level and reflecting more cautious analyst sentiment. Article Title
- Negative Sentiment: A broad set of plaintiff law firms (Rosen, Bernstein Liebhard, Robbins Geller, Pomerantz, Levi & Korsinsky, Portnoy, Kahn Swick & Foti, Faruqi & Faruqi, ClaimsFiler and others) have issued class-action notices or filed suits alleging securities fraud tied to Gartner’s consulting outlook, contract valuations and disclosures for the Feb. 4, 2025–Feb. 2, 2026 period; lead‑plaintiff motions are due May 18, 2026. These actions raise potential legal costs, settlement risk and reputational damage that could weigh on the stock and increase volatility. Article Title Article Title
Gartner 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.
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