13,154 Shares in Gartner, Inc. $IT Purchased by Ashton Thomas Private Wealth LLC

Key Points

• Ashton Thomas Private Wealth LLC opened a new Q4 position in Gartner (NYSE:IT), buying 13,154 shares worth about $3.32 million.
• Gartner beat quarterly EPS ($3.94 vs. $3.50 est.) with $1.75B revenue, but issued FY2026 guidance of roughly $12.30 EPS versus analysts' ~13.3 consensus, signaling slightly tempered forward expectations.
• Multiple law firms have filed securities‑fraud investor alerts covering purchases from Feb. 4, 2025 to Feb. 2, 2026 (lead‑plaintiff deadline May 18, 2026), posing a near‑term legal and settlement risk for the company.

Ashton Thomas Private Wealth LLC purchased a new position in Gartner, Inc. (NYSE:IT - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 13,154 shares of the information technology services provider's stock, valued at approximately $3,318,000.

A number of other hedge funds also recently bought and sold shares of the company. Kestra Private Wealth Services LLC bought a new position in Gartner in the 4th quarter worth about $684,000. Physician Wealth Advisors Inc. boosted its stake in Gartner by 143.9% in the 4th quarter. Physician Wealth Advisors Inc. now owns 100 shares of the information technology services provider's stock worth $25,000 after purchasing an additional 59 shares in the last quarter. UBS Group AG boosted its stake in Gartner by 0.8% in the 4th quarter. UBS Group AG now owns 875,457 shares of the information technology services provider's stock worth $220,860,000 after purchasing an additional 6,528 shares in the last quarter. Resonant Capital Advisors LLC boosted its stake in Gartner by 23.3% in the 4th quarter. Resonant Capital Advisors LLC now owns 3,795 shares of the information technology services provider's stock worth $957,000 after purchasing an additional 718 shares in the last quarter. Finally, Concurrent Investment Advisors LLC bought a new position in Gartner in the 4th quarter worth about $223,000. Institutional investors own 91.51% of the company's stock.

Gartner Price Performance

IT opened at $150.01 on Wednesday. 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 stock has a market capitalization of $10.57 billion, a P/E ratio of 15.55, a P/E/G ratio of 0.91 and a beta of 1.05. The company's 50-day simple moving average is $156.37 and its two-hundred day simple moving average is $202.84. Gartner, Inc. has a 52-week low of $139.18 and a 52-week high of $451.73.

Gartner (NYSE:IT - Get Free Report) last posted its earnings results on Tuesday, February 3rd. The information technology services provider reported $3.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.50 by $0.44. The business had revenue of $1.75 billion for the quarter, compared to analysts' expectations of $1.75 billion. Gartner had a net margin of 11.22% and a return on equity of 102.20%. The business's revenue for the quarter was up 2.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $5.45 EPS. Gartner has set its FY 2026 guidance at 12.300- EPS. As a group, analysts predict that Gartner, Inc. will post 13.3 EPS for the current year.

Analyst Upgrades and Downgrades

IT has been the topic of a number of analyst reports. UBS Group dropped their price target on shares of Gartner from $180.00 to $166.00 and set a "neutral" rating on the stock in a research note on Thursday, March 26th. Weiss Ratings reiterated a "sell (d+)" rating on shares of Gartner in a research note on Tuesday, April 21st. Barclays dropped their price target on shares of Gartner from $180.00 to $150.00 and set an "equal weight" rating on the stock in a research note on Friday, April 10th. Morgan Stanley dropped their price target on shares of Gartner from $275.00 to $200.00 and set an "equal weight" rating on the stock in a research note on Wednesday, February 4th. Finally, Wells Fargo & Company dropped their price target on shares of Gartner from $150.00 to $140.00 and set an "underweight" rating on the stock in a research note on Friday, March 27th. Two investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $180.40.

Trending Headlines about Gartner

Here are the key news stories impacting Gartner this week:

• Positive Sentiment: Gartner raised its global IT‑spending outlook for 2026 to $6.31 trillion, citing an AI investment boom. A higher market spending forecast supports greater client budgets for advisory, research and consulting services — a tailwind for Gartner’s subscription and consulting revenue. Gartner lifts 2026 IT spend forecast to $6.31tn on AI boom
• Positive Sentiment: Gartner survey: 85% of service and support leaders are expanding human‑agent responsibilities as AI reduces contact volume — suggesting enterprises still need advisory, workforce transformation and optimization services that Gartner provides. This supports demand for Gartner’s research and consulting revenue streams. Gartner Survey Finds 85% of Service and Support Leaders are Expanding Human Agent Responsibilities
• Neutral Sentiment: Gartner commentary on regional impacts: the firm warns that while global AI spending rises, some markets (e.g., Indian IT service providers) may face margin pressure as clients demand cost savings from AI — a nuance that could moderate upside for some client segments but doesn’t directly alter Gartner’s core subscription model. AI drives global IT spending to $6.31 trillion, but Indian IT firms face a margin squeeze, warns Gartner
• Negative Sentiment: Multiple law firms have filed or issued investor alerts alleging securities fraud and encouraging investors to join or seek lead‑plaintiff status for a class action covering purchases between Feb. 4, 2025 and Feb. 2, 2026; firms cite alleged misrepresentations (including inflated growth/contract metrics) and set a May 18, 2026 lead‑plaintiff deadline. This cluster of suits increases potential legal liability, settlement risk and management distraction — a material near‑term headline risk for the stock. IT DEADLINE ALERT: Faruqi & Faruqi, LLP Reminds Gartner (IT) Investors of Securities Class Action Deadline on May 18, 2026

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.

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