Gartner, Inc. $IT Shares Sold by New York State Teachers Retirement System

Key Points

• New York State Teachers Retirement System sold 11.6% of its Gartner stake in Q4 (7,583 shares), leaving it with 57,565 shares worth about $14.52 million.
• Several large institutions materially increased or opened positions — e.g., Independent Franchise Partners and Capital International each added ~<$840M positions — while Vanguard owns 10.08M shares; overall institutional ownership is ~91.5%.
• Gartner beat Q4 EPS ($3.94 vs. $3.50) on roughly flat revenue ($1.75B), set FY‑2026 guidance near $12.30 EPS against analyst expectations of ~13.3, and faces elevated headline/legal risk from a flood of securities‑fraud class‑action notices amid a consensus "Hold" rating and $180.40 average price target.

New York State Teachers Retirement System decreased its holdings in shares of Gartner, Inc. (NYSE:IT - Free Report) by 11.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 57,565 shares of the information technology services provider's stock after selling 7,583 shares during the quarter. New York State Teachers Retirement System owned approximately 0.08% of Gartner worth $14,522,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the stock. Independent Franchise Partners LLP acquired a new position in shares of Gartner in the 3rd quarter valued at $840,166,000. Capital International Investors purchased a new stake in shares of Gartner in the 3rd quarter valued at about $820,113,000. Bamco Inc. NY boosted its position in shares of Gartner by 18.3% in the 3rd quarter. Bamco Inc. NY now owns 4,322,113 shares of the information technology services provider's stock valued at $1,136,154,000 after purchasing an additional 669,352 shares during the period. AQR Capital Management LLC boosted its position in shares of Gartner by 88.7% in the 3rd quarter. AQR Capital Management LLC now owns 1,245,952 shares of the information technology services provider's stock valued at $326,278,000 after purchasing an additional 585,766 shares during the period. Finally, Vanguard Group Inc. grew its stake 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 buying an additional 509,902 shares during the last quarter. 91.51% of the stock is currently owned by hedge funds and other institutional investors.

Gartner Stock Up 0.0%

IT stock opened at $146.47 on Monday. The stock has a market capitalization of $10.32 billion, a PE ratio of 15.18, a price-to-earnings-growth ratio of 0.89 and a beta of 0.91. The company has a fifty day moving average of $155.98 and a 200-day moving average of $201.48. The company has a debt-to-equity ratio of 9.30, a quick ratio of 1.00 and a current ratio of 1.00. Gartner, Inc. has a one year low of $139.18 and a one year high of $451.73.

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

Key Headlines Impacting Gartner

Here are the key news stories impacting Gartner this week:

• Positive Sentiment: Gartner research highlights material upside from AI adoption — a Gartner report cited in the press cycle says AI could unlock ~10 margin points for CFOs by 2029, reinforcing demand for advisory, advisory subscriptions and market‑intelligence services that benefit Gartner over time. AI could unlock 10 margin points of growth for CFOs by 2029: Gartner
• Neutral Sentiment: Gartner commentary on agentic AI adoption: several articles summarize Gartner warnings that ~40% of agentic AI projects will fail by 2027 and that agentic AI is seeing rapid growth — useful for demand forecasting for Gartner’s research and advisory services but not an immediate revenue event. Gartner warns 40% of agentic AI projects will fail by 2027 Gartner sees untamed growth in agentic AI
• Neutral Sentiment: Gartner’s industry influence reflected in third‑party vendor coverage — e.g., Akamai being named a “Customers’ Choice” in a Gartner Peer Insights report shows Gartner’s continuing role in vendor evaluation (reputational/market influence more than direct financial impact to Gartner Inc.). Akamai Recognized as Customers' Choice in 2026 Gartner Peer Insights for API Protection
• Negative Sentiment: Flood of securities‑fraud class action notices and lead‑plaintiff solicitations tied to alleged misstatements/disclosures for purchases between Feb 4, 2025 and Feb 2, 2026 — multiple firms (Rosen, Glancy, Bronstein Gewirtz & Grossman, The Gross Law Firm, Pomerantz, Bragar Eagel & Squire, Schall, and others) are soliciting plaintiffs ahead of the May 18, 2026 deadline. The volume of notices increases headline risk, legal costs and short‑term selling pressure on IT. Rosen Law Firm class action notice Glancy Prongay Wolke & Rotter notice Bronstein Gewirtz & Grossman notice The Gross Law Firm notice

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on IT. UBS Group reduced their price objective on Gartner from $180.00 to $166.00 and set a "neutral" rating for the company in a research note on Thursday, March 26th. Truist Financial cut their target price 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. Barclays reduced their price target on shares of Gartner from $180.00 to $150.00 and set an "equal weight" rating for the company in a research report on Friday, April 10th. The Goldman Sachs Group downgraded shares of Gartner from a "buy" rating to a "neutral" rating and lowered their price objective for the stock from $220.00 to $171.00 in a research report on Monday, April 27th. Finally, BMO Capital Markets restated a "market perform" rating on shares of Gartner in a research note on Thursday, February 5th. Two research 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 an average price target of $180.40.

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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