Rep. Lisa C. McClain Buys Gartner, Inc. (NYSE:IT) Shares

Key Points

• Representative Lisa C. McClain purchased between $1,001 and $15,000 in shares of Gartner, Inc. (NYSE:IT) on July 16, as disclosed in a filing on August 13.
• Gartner’s stock price is currently trading at $238.75, having decreased by 1.8% recently, and it has a market capitalization of $18.38 billion.
• The company reported $3.53 earnings per share (EPS) for its latest quarter, exceeding the consensus estimate of $3.38, though revenue fell short of expectations at $1.66 billion.

Representative Lisa C. McClain (R-Michigan) recently bought shares of Gartner, Inc. NYSE: IT. In a filing disclosed on August 13th, the Representative disclosed that they had bought between $1,001 and $15,000 in Gartner stock on July 16th. The trade occurred in the Representative's "CHARLES SCHWAB BROKERAGE ACCOUNT 924" account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Autoliv NYSE: ALV on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Applied Materials NASDAQ: AMAT on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Arthur J. Gallagher & Co. NYSE: AJG on 8/4/2025.
• Sold $1,001 - $15,000 in shares of SAP NYSE: SAP on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of XPO NYSE: XPO on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Lithia Motors NYSE: LAD on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Sanofi NASDAQ: SNY on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Waters NYSE: WAT on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Group 1 Automotive NYSE: GPI on 7/22/2025.

Gartner Price Performance

Shares of NYSE:IT traded up $4.69 during trading on Tuesday, reaching $243.63. The stock had a trading volume of 793,140 shares, compared to its average volume of 807,074. The business has a fifty day moving average price of $352.70 and a 200-day moving average price of $414.89. The company has a debt-to-equity ratio of 1.61, a quick ratio of 1.11 and a current ratio of 1.11. The stock has a market cap of $18.45 billion, a PE ratio of 14.98 and a beta of 1.19. Gartner, Inc. has a 1-year low of $223.65 and a 1-year high of $584.01.

Gartner (NYSE:IT - Get Free Report) last issued its earnings results on Tuesday, August 5th. The information technology services provider reported $3.53 EPS for the quarter, beating analysts' consensus estimates of $3.38 by $0.15. Gartner had a net margin of 19.71% and a return on equity of 82.63%. The business had revenue of $1.66 billion during the quarter, compared to analysts' expectations of $1.68 billion. During the same period in the prior year, the business earned $3.22 earnings per share. The company's quarterly revenue was up 5.7% compared to the same quarter last year. Gartner has set its FY 2025 guidance at 11.750- EPS. On average, equities analysts forecast that Gartner, Inc. will post 12.5 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. Morgan Stanley dropped their price target on shares of Gartner from $455.00 to $322.00 and set an "equal weight" rating for the company in a research note on Wednesday, August 6th. Wells Fargo & Company cut their target price on Gartner from $345.00 to $225.00 and set an "underweight" rating on the stock in a research report on Wednesday, August 6th. BMO Capital Markets lowered their price target on Gartner from $409.00 to $272.00 and set a "market perform" rating for the company in a report on Wednesday, August 6th. UBS Group reissued a "neutral" rating and set a $270.00 price objective (down previously from $480.00) on shares of Gartner in a report on Wednesday, August 6th. Finally, The Goldman Sachs Group lowered their target price on shares of Gartner from $535.00 to $457.00 and set a "buy" rating for the company in a report on Wednesday, August 6th. Three research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Gartner has an average rating of "Hold" and an average target price of $369.25.

Hedge Funds Weigh In On Gartner

A number of institutional investors and hedge funds have recently made changes to their positions in IT. Cary Street Partners Financial LLC purchased a new stake in shares of Gartner during the 4th quarter worth approximately $27,000. Addison Advisors LLC acquired a new stake in Gartner during the 2nd quarter valued at $27,000. Ransom Advisory Ltd purchased a new stake in Gartner during the 1st quarter worth about $29,000. Itau Unibanco Holding S.A. raised its position in shares of Gartner by 453.3% in the fourth quarter. Itau Unibanco Holding S.A. now owns 83 shares of the information technology services provider's stock valued at $40,000 after buying an additional 68 shares during the last quarter. Finally, Olde Wealth Management LLC purchased a new position in shares of Gartner during the 1st quarter worth $42,000. 91.51% of the stock is owned by institutional investors and hedge funds.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan's 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan's 9th Congressional District. She declared candidacy for the 2026 election. Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor's degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

Gartner Company Profile

Gartner, Inc operates as a research and advisory company in the United States, Canada, Europe, the Middle East, Africa, and internationally. It operates through three segments: Research, Conferences, and Consulting. The Research segment delivers its research primarily through a subscription service that include on-demand access to published research content, data and benchmarks, and direct access to a network of research experts.