Exencial Wealth Advisors LLC Acquires 35,512 Shares of Gartner, Inc. $IT

Key Points

• Exencial Wealth Advisors boosted its stake in Gartner by 1,578.3%, buying 35,512 shares to hold 37,762 shares worth about $9.53 million (≈0.05% of the company).
• Other institutions materially increased positions too — Independent Franchise Partners and Capital International initiated ~ $840M and $820M stakes respectively, Vanguard holds ~10.08M shares (~$2.65B), and institutional ownership stands at 91.51%.
• Analyst sentiment is a consensus Hold with a $180.40 target after multiple price cuts; Gartner beat Q results on EPS ($3.94 vs. $3.50) but revenue was flat and FY2026 guidance (~$12.3 EPS) trails the ~13.3 EPS analysts expect.

Exencial Wealth Advisors LLC raised its holdings in shares of Gartner, Inc. (NYSE:IT - Free Report) by 1,578.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 37,762 shares of the information technology services provider's stock after purchasing an additional 35,512 shares during the quarter. Exencial Wealth Advisors LLC owned 0.05% of Gartner worth $9,526,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of IT. Independent Franchise Partners LLP bought a new stake in Gartner during the 3rd quarter valued at $840,166,000. Capital International Investors purchased a new position in Gartner during the 3rd quarter worth $820,113,000. Bamco Inc. NY boosted its holdings in Gartner by 18.3% during the 3rd quarter. Bamco Inc. NY now owns 4,322,113 shares of the information technology services provider's stock worth $1,136,154,000 after acquiring an additional 669,352 shares during the last quarter. AQR Capital Management LLC boosted its holdings in Gartner by 88.7% during the 3rd quarter. AQR Capital Management LLC now owns 1,245,952 shares of the information technology services provider's stock worth $326,278,000 after acquiring an additional 585,766 shares during the last quarter. Finally, Vanguard Group Inc. boosted its holdings in Gartner by 5.3% during the 3rd quarter. Vanguard Group Inc. now owns 10,082,185 shares of the information technology services provider's stock worth $2,650,304,000 after acquiring an additional 509,902 shares during the last quarter. Institutional investors own 91.51% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the stock. UBS Group cut their price objective on shares of Gartner from $180.00 to $166.00 and set a "neutral" rating on the stock in a report on Thursday, March 26th. Wells Fargo & Company cut their price objective on shares of Gartner from $150.00 to $140.00 and set an "underweight" rating on the stock in a report on Friday, March 27th. Morgan Stanley cut their price objective on shares of Gartner from $275.00 to $200.00 and set an "equal weight" rating on the stock in a report on Wednesday, February 4th. Truist Financial cut their price objective on shares of Gartner from $300.00 to $170.00 and set a "buy" rating on the stock in a report on Friday, February 6th. Finally, Royal Bank Of Canada set a $175.00 price objective on shares of Gartner in a report on Wednesday, February 4th. Two analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $180.40.

Gartner Price Performance

Shares of NYSE:IT opened at $148.64 on Tuesday. The company's 50-day moving average is $156.50 and its 200 day moving average is $203.47. 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 company has a market capitalization of $10.47 billion, a P/E ratio of 15.40, a price-to-earnings-growth ratio of 0.92 and a beta of 1.05. Gartner, Inc. has a fifty-two week low of $139.18 and a fifty-two week high of $451.73.

Gartner (NYSE:IT - Get Free Report) last issued its quarterly earnings results on Tuesday, February 3rd. The information technology services provider reported $3.94 earnings per share for the quarter, topping analysts' consensus estimates of $3.50 by $0.44. The company had revenue of $1.75 billion for the quarter, compared to the consensus estimate of $1.75 billion. Gartner had a net margin of 11.22% and a return on equity of 102.20%. The firm's quarterly revenue was up 2.2% on a year-over-year basis. During the same period in the previous year, the firm earned $5.45 EPS. Gartner has set its FY 2026 guidance at 12.300- EPS. On average, equities research analysts forecast that Gartner, Inc. will post 13.3 earnings per share 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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