Edgestream Partners L.P. Sells 3,848 Shares of Gartner, Inc. $IT

Edgestream Partners L.P. cut its position in shares of Gartner, Inc. (NYSE:IT) by 11.8% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 28,873 shares of the information technology services provider’s stock after selling 3,848 shares during the period. Edgestream Partners L.P.’s holdings in Gartner were worth $4,572,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Janus Henderson Group PLC increased its position in Gartner by 5.7% in the first quarter. Janus Henderson Group PLC now owns 12,566 shares of the information technology services provider’s stock worth $1,989,000 after purchasing an additional 674 shares during the last quarter. Bull Harbor Capital LLC bought a new position in Gartner during the first quarter valued at $789,000. Arkadios Wealth Advisors grew its stake in shares of Gartner by 56.8% in the 1st quarter. Arkadios Wealth Advisors now owns 10,156 shares of the information technology services provider’s stock worth $1,608,000 after buying an additional 3,679 shares in the last quarter. South Dakota Investment Council grew its stake in shares of Gartner by 68.4% in the 1st quarter. South Dakota Investment Council now owns 33,488 shares of the information technology services provider’s stock worth $5,302,000 after buying an additional 13,600 shares in the last quarter. Finally, EverSource Wealth Advisors LLC increased its holdings in shares of Gartner by 39.6% in the 1st quarter. EverSource Wealth Advisors LLC now owns 2,718 shares of the information technology services provider’s stock worth $430,000 after buying an additional 771 shares during the last quarter. Hedge funds and other institutional investors own 91.51% of the company’s stock.

Analysts Set New Price Targets

IT has been the topic of several recent research reports. Royal Bank Of Canada decreased their target price on shares of Gartner from $175.00 to $160.00 and set a “sector perform” rating on the stock in a research report on Wednesday, May 6th. The Goldman Sachs Group set a $162.00 price target on Gartner in a research report on Tuesday, May 5th. Wells Fargo & Company reduced their price objective on Gartner from $140.00 to $120.00 and set an “underweight” rating on the stock in a research note on Wednesday, June 24th. UBS Group decreased their price objective on Gartner from $170.00 to $164.00 and set a “neutral” rating on the stock in a research report on Friday, June 12th. Finally, Morgan Stanley lowered their price objective on Gartner from $183.00 to $173.00 and set an “equal weight” rating for the company in a research note on Friday, July 10th. Two investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, Gartner presently has an average rating of “Hold” and a consensus target price of $173.10.

Key Gartner News

Here are the key news stories impacting Gartner this week:

• Positive Sentiment: Growing enterprise spending on artificial intelligence and cloud infrastructure could support demand for Gartner’s research and advisory services over time. Gartner’s research identifies AWS, Google, Oracle and Microsoft as leading providers in cloud AI infrastructure, underscoring the expanding market opportunity. AWS, Google, Oracle, Microsoft Top Gartner’s Cloud AI Infrastructure List For 2026
• Neutral Sentiment: Several technology vendors—including Incode, Veridas, Regula and EasyVista—highlighted recognition in Gartner Magic Quadrant reports. These announcements reinforce Gartner’s brand authority and the relevance of its analyst products, but they are primarily vendor marketing announcements and do not create an immediate earnings catalyst for IT. Incode Named a Leader in the 2026 Gartner Magic Quadrant ARIS Recognized as a Leader in Gartner Magic Quadrant
• Negative Sentiment: Gartner’s upcoming second-quarter results are expected to show revenue declining as its Insights and Consulting businesses weaken. Analysts expect EPS to increase through cost discipline and share repurchases, but the anticipated top-line contraction is likely weighing more heavily on sentiment. Gartner Gears Up to Report Q2 Earnings: Key Takeaways for Investors

Gartner Trading Down 1.0%

Shares of IT opened at $151.34 on Friday. Gartner, Inc. has a twelve month low of $124.25 and a twelve month high of $345.50. The company has a market cap of $10.13 billion, a P/E ratio of 14.95, a P/E/G ratio of 0.85 and a beta of 0.97. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 46.98. The company’s fifty day simple moving average is $144.62 and its 200-day simple moving average is $159.95.

Gartner (NYSE:IT) last released its earnings results on Tuesday, May 5th. The information technology services provider reported $3.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.99 by $0.33. The firm had revenue of $1.49 billion during the quarter, compared to analyst estimates of $1.51 billion. Gartner had a net margin of 11.44% and a return on equity of 161.39%. The business’s revenue was down 1.5% on a year-over-year basis. During the same quarter last year, the business earned $2.98 EPS. Gartner has set its FY 2026 guidance at 13.250- EPS. As a group, analysts expect that Gartner, Inc. will post 13.61 EPS for the current year.

Gartner 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.