Gartner’s (IT) Sector Perform Rating Reiterated at Royal Bank Of Canada

Royal Bank Of Canada reaffirmed their sector perform rating on shares of Gartner (NYSE:IT) in a research report released on Tuesday morning,Benzinga reports. They currently have a $198.00 target price on the information technology services provider’s stock.

A number of other research firms have also recently commented on IT. Zacks Research cut Gartner from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 5th. Weiss Ratings upgraded Gartner from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, October 9th. The Goldman Sachs Group increased their price target on shares of Gartner from $162.00 to $181.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 5th. Wells Fargo & Company upped their price objective on Gartner from $150.00 to $175.00 and gave the stock an “underweight” rating in a report on Tuesday. Finally, Morgan Stanley increased their target price on Gartner from $177.00 to $182.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 8th. One equities research analyst has rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $198.50.

Gartner Price Performance

Shares of NYSE:IT opened at $234.01 on Tuesday. The business’s fifty day moving average price is $191.49 and its two-hundred day moving average price is $165.24. The stock has a market cap of $14.78 billion, a PE ratio of 15.26, a price-to-earnings-growth ratio of 0.83 and a beta of 0.98. The company has a debt-to-equity ratio of 46.98, a quick ratio of 0.88 and a current ratio of 0.88. Gartner has a one year low of $124.25 and a one year high of $257.69.

Gartner (NYSE:IT) last released its quarterly earnings results on Tuesday, August 4th. The information technology services provider reported $4.37 earnings per share for the quarter, topping analysts’ consensus estimates of $3.76 by $0.61. Gartner had a return on equity of 525.46% and a net margin of 11.99%. The company had revenue of $1.68 billion during the quarter, compared to analysts’ expectations of $1.65 billion. During the same period in the previous year, the firm posted $3.53 earnings per share. The business’s revenue for the quarter was down .6% compared to the same quarter last year. Gartner has set its FY 2026 guidance at 14.000- EPS. On average, analysts forecast that Gartner will post 14.39 EPS for the current fiscal year.

Insider Transactions at Gartner

In other news, EVP Robin B. Kranich sold 3,278 shares of the firm’s stock in a transaction on Thursday, August 27th. The shares were sold at an average price of $196.50, for a total value of $644,127.00. Following the transaction, the executive vice president owned 20,358 shares of the company’s stock, valued at approximately $4,000,347. This trade represents a 13.87% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Akhil Jain sold 700 shares of the firm’s stock in a transaction on Monday, August 24th. The shares were sold at an average price of $201.73, for a total transaction of $141,211.00. Following the completion of the transaction, the executive vice president directly owned 8,130 shares in the company, valued at approximately $1,640,064.90. This represents a 7.93% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 6,043 shares of company stock worth $1,172,858 over the last 90 days. Company insiders own 2.60% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. Bamco Inc. NY acquired a new stake in shares of Gartner in the second quarter valued at about $985,243,000. BlackRock Inc. acquired a new stake in Gartner in the second quarter valued at approximately $676,246,000. Bank of America Corp DE acquired a new stake in Gartner in the second quarter valued at approximately $117,661,000. Madison Asset Management LLC acquired a new stake in Gartner during the 2nd quarter valued at $74,481,000. Finally, Bank of New York Mellon Corp purchased a new position in Gartner in the 2nd quarter valued at about $51,262,000. Institutional investors and hedge funds own 91.51% of the company’s stock.

Key Headlines Impacting Gartner

Here are the key news stories impacting Gartner this week:

• Positive Sentiment: Gartner forecasts worldwide IT spending will grow 15% in 2027 to approximately $7.35 trillion. The strong spending outlook supports demand for Gartner’s consulting, benchmarking and research products, particularly around artificial intelligence, cybersecurity and cloud computing. Gartner Forecasts Worldwide IT Spending to Grow 15% in 2027
• Positive Sentiment: Gartner’s 2027 technology-trend reports highlight AI governance, agentic and autonomous systems, digital sovereignty and other emerging technologies. This positions Gartner as an influential source for enterprises making technology-investment decisions and could support future subscription and advisory demand. Gartner’s Top 10 Strategic Technology Trends For 2027
• Neutral Sentiment: Additional coverage emphasizes that Gartner’s trends both expand and constrain AI capabilities, with governance, security and digital sovereignty becoming central considerations. The themes are strategically favorable for Gartner but do not provide a direct change to its financial outlook. Gartner’s top tech trends for 2027
• Neutral Sentiment: Reports citing Gartner’s research say AI adoption is rising, but executives often cannot yet measure productivity gains. That mixed evidence could make companies more cautious about AI spending even as it increases demand for Gartner’s guidance. AI Productivity Statistics 2026
• Negative Sentiment: One report warns that the AI boom could face a $4.9 trillion revenue gap by 2030, reflecting uncertainty over whether substantial AI investment will translate into sustainable commercial returns. Such concerns could weigh on technology-spending expectations and Gartner’s AI-related growth narrative. Gartner warns AI boom faces a $4.9 trillion revenue gap

About Gartner

Gartner, Inc is a global research and advisory company that provides information, analysis and guidance to business leaders, technology professionals and public-sector organizations. Its work focuses on helping clients evaluate technology markets, develop business strategies, manage risk and make decisions about digital transformation and other organizational priorities.

The company delivers its services through research and advisory programs, consulting engagements, executive guidance and conferences.