Douglas Lane & Associates LLC Buys 80,591 Shares of Gartner, Inc. $IT

Key Points

• Douglas Lane & Associates LLC raised its stake in Gartner by 67.3% in Q4, buying 80,591 shares to own 200,418 shares (about 0.28% of the company) valued at roughly $50.56 million.
• Gartner beat Q4 EPS estimates ($3.94 vs. $3.50) with revenue of $1.75B in line with expectations and set FY2026 guidance at $12.30 EPS versus sell-side forecasts around $12.50.
• Analyst sentiment is mixed: the consensus rating is Hold with an average target of $188.30, and individual price targets range roughly from $140 to $204 (3 Buys, 6 Holds, 2 Sells).

Douglas Lane & Associates LLC lifted its stake in shares of Gartner, Inc. (NYSE:IT - Free Report) by 67.3% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 200,418 shares of the information technology services provider's stock after acquiring an additional 80,591 shares during the quarter. Douglas Lane & Associates LLC owned about 0.28% of Gartner worth $50,561,000 as of its most recent filing with the SEC.

Other large investors also recently made changes to their positions in the company. Osterweis Capital Management Inc. acquired a new position in shares of Gartner during the 2nd quarter worth about $48,000. Eastern Bank lifted its position in shares of Gartner by 236.8% during the 4th quarter. Eastern Bank now owns 128 shares of the information technology services provider's stock worth $32,000 after purchasing an additional 90 shares during the last quarter. True Wealth Design LLC lifted its position in shares of Gartner by 1,130.8% during the 3rd quarter. True Wealth Design LLC now owns 160 shares of the information technology services provider's stock worth $42,000 after purchasing an additional 147 shares during the last quarter. Aventura Private Wealth LLC acquired a new position in shares of Gartner during the 4th quarter worth about $40,000. Finally, Versant Capital Management Inc lifted its position in shares of Gartner by 1,284.6% during the 3rd quarter. Versant Capital Management Inc now owns 180 shares of the information technology services provider's stock worth $47,000 after purchasing an additional 167 shares during the last quarter. Institutional investors own 91.51% of the company's stock.

Gartner Trading Down 0.9%

Shares of IT opened at $148.06 on Friday. The stock has a market cap of $10.43 billion, a PE ratio of 15.34, a PEG ratio of 1.50 and a beta of 1.05. Gartner, Inc. has a 1 year low of $139.18 and a 1 year high of $451.73. The stock has a 50 day simple moving average of $159.67 and a 200-day simple moving average of $212.87. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 9.30.

Gartner (NYSE:IT - Get Free Report) last announced its quarterly earnings data on Tuesday, February 3rd. The information technology services provider reported $3.94 EPS for the quarter, beating analysts' consensus estimates of $3.50 by $0.44. The firm had revenue of $1.75 billion for the quarter, compared to analyst estimates of $1.75 billion. Gartner had a return on equity of 102.20% and a net margin of 11.22%.The business's quarterly revenue was up 2.2% compared to the same quarter last year. During the same period last year, the company earned $5.45 EPS. Gartner has set its FY 2026 guidance at 12.300- EPS. On average, sell-side analysts predict that Gartner, Inc. will post 12.5 EPS for the current fiscal year.

Analysts Set New Price Targets

IT has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft set a $204.00 price objective on Gartner in a research report on Wednesday, February 4th. Wells Fargo & Company cut their price objective on Gartner from $150.00 to $140.00 and set an "underweight" rating for the company in a research report on Friday, March 27th. Royal Bank Of Canada set a $175.00 price objective on Gartner in a research report on Wednesday, February 4th. UBS Group cut their price objective on Gartner from $180.00 to $166.00 and set a "neutral" rating for the company in a research report on Thursday, March 26th. Finally, BMO Capital Markets reissued a "market perform" rating on shares of Gartner in a research report on Thursday, February 5th. 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 stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $188.30.

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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