William Blair Comments on Gartner's Q2 Earnings (NYSE:IT)

Gartner, Inc. (NYSE:IT - Free Report) - Equities research analysts at William Blair reduced their Q2 2025 earnings per share (EPS) estimates for Gartner in a report issued on Wednesday, May 7th. William Blair analyst A. Nicholas now forecasts that the information technology services provider will post earnings per share of $3.28 for the quarter, down from their previous forecast of $3.40. The consensus estimate for Gartner's current full-year earnings is $12.50 per share. William Blair also issued estimates for Gartner's Q3 2025 earnings at $2.71 EPS, Q4 2025 earnings at $3.51 EPS, FY2025 earnings at $12.48 EPS, Q1 2026 earnings at $3.11 EPS, Q2 2026 earnings at $3.61 EPS, Q3 2026 earnings at $3.02 EPS, Q4 2026 earnings at $3.96 EPS and FY2026 earnings at $13.70 EPS.

A number of other brokerages have also weighed in on IT. UBS Group boosted their target price on Gartner from $500.00 to $525.00 and gave the stock a "buy" rating in a research report on Wednesday. Robert W. Baird cut their price target on Gartner from $605.00 to $557.00 and set an "outperform" rating for the company in a report on Friday, March 21st. Morgan Stanley lowered their target price on shares of Gartner from $564.00 to $555.00 and set an "equal weight" rating on the stock in a research note on Thursday, January 16th. Wells Fargo & Company dropped their price target on Gartner from $401.00 to $400.00 and set an "underweight" rating for the company in a research note on Thursday, May 1st. Finally, StockNews.com cut Gartner from a "buy" rating to a "hold" rating in a report on Friday, March 21st. One analyst has rated the stock with a sell rating, four have given a hold rating and five have assigned a buy rating to the company's stock. According to data from MarketBeat.com, Gartner currently has an average rating of "Hold" and a consensus target price of $518.67.

Gartner Stock Down 1.2 %

IT stock traded down $5.31 during midday trading on Thursday, hitting $432.12. The company's stock had a trading volume of 415,520 shares, compared to its average volume of 453,801. The firm's 50-day moving average is $423.97 and its 200-day moving average is $482.13. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 1.81. Gartner has a 12 month low of $366.05 and a 12 month high of $584.01. The company has a market cap of $33.19 billion, a PE ratio of 26.96, a P/E/G ratio of 3.30 and a beta of 1.24.

Gartner (NYSE:IT - Get Free Report) last issued its earnings results on Tuesday, May 6th. The information technology services provider reported $2.98 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.72 by $0.26. Gartner had a net margin of 20.00% and a return on equity of 116.56%. The business had revenue of $1.54 billion during the quarter, compared to analysts' expectations of $1.53 billion. During the same period in the previous year, the company earned $2.93 earnings per share. The business's revenue for the quarter was up 4.2% compared to the same quarter last year.

Institutional Investors Weigh In On Gartner

Several large investors have recently modified their holdings of IT. Norges Bank purchased a new position in Gartner during the 4th quarter worth $460,541,000. Madison Investment Advisors LLC purchased a new stake in shares of Gartner in the fourth quarter valued at about $244,799,000. GAMMA Investing LLC grew its holdings in Gartner by 40,841.0% during the 1st quarter. GAMMA Investing LLC now owns 499,071 shares of the information technology services provider's stock valued at $209,480,000 after buying an additional 497,852 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Gartner during the 4th quarter worth about $165,476,000. Finally, BNP Paribas Financial Markets boosted its position in Gartner by 184.6% during the fourth quarter. BNP Paribas Financial Markets now owns 390,472 shares of the information technology services provider's stock worth $189,172,000 after acquiring an additional 253,288 shares during the last quarter. 91.51% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Gartner

In other Gartner news, Director Eileen Serra sold 1,200 shares of the company's stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $489.77, for a total transaction of $587,724.00. Following the sale, the director now owns 1,627 shares in the company, valued at $796,855.79. This represents a 42.45 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP John J. Rinello sold 90 shares of Gartner stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $530.51, for a total value of $47,745.90. Following the sale, the senior vice president now directly owns 3,259 shares of the company's stock, valued at $1,728,932.09. This trade represents a 2.69 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 2,138 shares of company stock worth $1,005,606 in the last three months. 2.30% of the stock is owned by corporate insiders.

About Gartner

Gartner, Inc operates as a research and advisory company in the United States, Canada, Europe, the Middle East, Africa, and internationally. It operates through three segments: Research, Conferences, and Consulting. The Research segment delivers its research primarily through a subscription service that include on-demand access to published research content, data and benchmarks, and direct access to a network of research experts.