California State Teachers Retirement System Sells 7,328 Shares of Gartner, Inc. $IT

California State Teachers Retirement System reduced its position in Gartner, Inc. (NYSE:IT - Free Report) by 6.4% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 106,668 shares of the information technology services provider's stock after selling 7,328 shares during the quarter. California State Teachers Retirement System owned approximately 0.16% of Gartner worth $16,890,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of IT. Brighton Jones LLC bought a new stake in Gartner in the fourth quarter worth approximately $309,000. Sivia Capital Partners LLC bought a new position in Gartner during the second quarter worth $336,000. Cresset Asset Management LLC increased its stake in Gartner by 15.2% in the second quarter. Cresset Asset Management LLC now owns 1,446 shares of the information technology services provider's stock valued at $585,000 after purchasing an additional 191 shares in the last quarter. Sei Investments Co. raised its holdings in shares of Gartner by 9.2% during the second quarter. Sei Investments Co. now owns 91,205 shares of the information technology services provider's stock valued at $36,867,000 after purchasing an additional 7,678 shares during the period. Finally, The Manufacturers Life Insurance Company boosted its position in shares of Gartner by 111.5% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 95,301 shares of the information technology services provider's stock worth $38,523,000 after purchasing an additional 50,251 shares in the last quarter. Institutional investors and hedge funds own 91.51% of the company's stock.

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

Analysts Set New Price Targets

A number of research analysts recently weighed in on IT shares. Morgan Stanley dropped their price target on Gartner from $183.00 to $173.00 and set an "equal weight" rating on the stock in a research note on Friday, July 10th. The Goldman Sachs Group set a $162.00 price objective on shares of Gartner in a research note on Tuesday, May 5th. Royal Bank Of Canada dropped their price target on shares of Gartner from $175.00 to $160.00 and set a "sector perform" rating on the stock in a research report on Wednesday, May 6th. Wells Fargo & Company dropped their target price on Gartner from $140.00 to $120.00 and set an "underweight" rating on the stock in a report on Wednesday, June 24th. Finally, Weiss Ratings cut Gartner from a "sell (d+)" rating to a "sell (d)" rating in a research note on Friday. Two research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $173.10.

Gartner Stock Performance

NYSE IT opened at $151.34 on Monday. The company has a market capitalization of $10.13 billion, a PE ratio of 14.95, a price-to-earnings-growth ratio of 0.83 and a beta of 0.94. The company has a debt-to-equity ratio of 46.98, a quick ratio of 0.94 and a current ratio of 0.94. Gartner, Inc. has a 52-week low of $124.25 and a 52-week high of $345.50. The company has a 50-day simple moving average of $144.62 and a 200 day simple moving average of $159.37.

Gartner (NYSE:IT - Get Free Report) last released its earnings results on Tuesday, May 5th. The information technology services provider reported $3.32 earnings per share for the quarter, beating analysts' consensus estimates of $2.99 by $0.33. Gartner had a net margin of 11.44% and a return on equity of 161.39%. The firm had revenue of $1.49 billion for the quarter, compared to analysts' expectations of $1.51 billion. During the same period in the previous year, the company earned $2.98 earnings per share. The company's quarterly revenue was down 1.5% on a year-over-year basis. Gartner has set its FY 2026 guidance at 13.250- EPS. On average, research analysts predict that Gartner, Inc. will post 13.61 EPS for the current year.

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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