Gartner (NYSE:IT) Stock Price Down 4.7% - Should You Sell?

Key Points

• Shares fell 4.7% to about $158.52 on Tuesday with trading volume roughly 57% below average, leaving the stock well under its 50‑day ($196.58) and 200‑day ($226.94) moving averages.
• The analyst consensus is a "Hold" with an average price target of $190.70 and a mixed split of ratings (4 Buys, 6 Holds, 2 Sells), reflecting wide target ranges among firms.
• Gartner beat quarterly EPS estimates ($3.94 vs. $3.50) with revenue up 2.2% y/y and FY2026 guidance near 12.3 EPS, while a director purchased 43,300 shares and institutional ownership is about 91.5%.

Gartner, Inc. (NYSE:IT - Get Free Report) shares were down 4.7% during trading on Tuesday . The stock traded as low as $154.97 and last traded at $158.5220. Approximately 689,030 shares were traded during mid-day trading, a decline of 57% from the average daily volume of 1,612,027 shares. The stock had previously closed at $166.39.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. Deutsche Bank Aktiengesellschaft set a $204.00 target price on Gartner in a report on Wednesday, February 4th. Morgan Stanley decreased their price target on Gartner from $275.00 to $200.00 and set an "equal weight" rating on the stock in a research note on Wednesday, February 4th. Truist Financial lowered their price objective on Gartner from $300.00 to $170.00 and set a "buy" rating for the company in a research report on Friday, February 6th. BMO Capital Markets reaffirmed a "market perform" rating on shares of Gartner in a research note on Thursday, February 5th. Finally, The Goldman Sachs Group restated a "buy" rating and set a $220.00 price target on shares of Gartner in a report on Thursday, February 5th. Four investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $190.70.

Gartner Stock Performance

The company has a 50-day simple moving average of $196.58 and a two-hundred day simple moving average of $226.94. 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 firm has a market capitalization of $11.17 billion, a P/E ratio of 16.44, a PEG ratio of 1.69 and a beta of 1.08.

Gartner (NYSE:IT - Get Free Report) last announced its 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 return on equity of 102.20% and a net margin of 11.22%.The firm had revenue of $1.75 billion during the quarter, compared to analyst estimates of $1.75 billion. During the same quarter in the prior year, the company earned $5.45 EPS. The business's revenue was up 2.2% compared to the same quarter last year. Gartner has set its FY 2026 guidance at 12.300- EPS. As a group, equities analysts forecast that Gartner, Inc. will post 12.5 EPS for the current year.

Insider Buying and Selling

In other news, Director Stephen G. Pagliuca acquired 43,300 shares of the stock in a transaction on Wednesday, December 10th. The stock was acquired at an average price of $229.57 per share, with a total value of $9,940,381.00. Following the completion of the transaction, the director owned 111,613 shares of the company's stock, valued at $25,622,996.41. This represents a 63.38% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 3.60% of the company's stock.

Institutional Trading of Gartner

Hedge funds and other institutional investors have recently modified their holdings of the business. Independent Franchise Partners LLP purchased a new position in Gartner during the 3rd quarter valued at about $840,166,000. Capital International Investors purchased a new stake in Gartner in the third quarter worth about $820,113,000. J. Stern & Co. LLP grew its holdings in Gartner by 8,182.0% in the fourth quarter. J. Stern & Co. LLP now owns 1,536,890 shares of the information technology services provider's stock worth $387,727,000 after purchasing an additional 1,518,333 shares during the period. Norges Bank bought a new position in shares of Gartner during the fourth quarter valued at approximately $299,576,000. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Gartner by 108,812.1% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,025,952 shares of the information technology services provider's stock valued at $258,827,000 after purchasing an additional 1,025,010 shares during the last quarter. 91.51% of the stock is owned by hedge funds and other institutional investors.

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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