William Blair Has Pessimistic Outlook of Gartner Q1 Earnings

Gartner, Inc. (NYSE:IT) – Investment analysts at William Blair decreased their Q1 2025 earnings per share (EPS) estimates for shares of Gartner in a report issued on Wednesday, February 5th. William Blair analyst A. Nicholas now expects that the information technology services provider will post earnings per share of $2.75 for the quarter, down from their previous forecast of $2.98. The consensus estimate for Gartner’s current full-year earnings is $11.87 per share. William Blair also issued estimates for Gartner’s Q2 2025 earnings at $3.40 EPS, Q2 2026 earnings at $3.79 EPS, Q3 2026 earnings at $3.12 EPS, Q4 2026 earnings at $4.15 EPS and FY2026 earnings at $14.13 EPS.

Other equities analysts have also issued reports about the company. StockNews.com lowered Gartner from a “buy” rating to a “hold” rating in a research note on Tuesday. Barclays raised Gartner from an “equal weight” rating to an “overweight” rating and lifted their price objective for the stock from $525.00 to $600.00 in a research note on Friday, January 10th. Deutsche Bank Aktiengesellschaft lifted their price objective on Gartner from $529.00 to $531.00 and gave the stock a “hold” rating in a research note on Wednesday, November 6th. Robert W. Baird lifted their price objective on Gartner from $579.00 to $605.00 and gave the stock an “outperform” rating in a research note on Wednesday. Finally, Wells Fargo & Company lowered their target price on Gartner from $470.00 to $460.00 and set an “underweight” rating for the company in a report on Friday, January 10th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $552.63.

Gartner Stock Performance

Shares of IT stock opened at $534.12 on Thursday. The business’s 50-day moving average price is $509.71 and its 200-day moving average price is $506.06. Gartner has a 12 month low of $411.15 and a 12 month high of $584.01. The firm has a market capitalization of $41.20 billion, a price-to-earnings ratio of 39.39, a PEG ratio of 3.37 and a beta of 1.34. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 2.31.

Gartner (NYSE:IT) last released its earnings results on Tuesday, February 4th. The information technology services provider reported $5.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.22 by $2.23. Gartner had a return on equity of 118.27% and a net margin of 17.33%. The firm had revenue of $1.72 billion for the quarter, compared to analysts’ expectations of $1.69 billion. During the same quarter in the previous year, the business posted $3.04 earnings per share. The business’s revenue for the quarter was up 8.1% on a year-over-year basis.

Insider Activity

In related news, EVP William James Wartinbee III sold 189 shares of the stock in a transaction dated Friday, December 6th. The stock was sold at an average price of $523.54, for a total transaction of $98,949.06. Following the sale, the executive vice president now owns 7,311 shares of the company’s stock, valued at approximately $3,827,600.94. This represents a 2.52 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director James C. Smith sold 2,450 shares of the stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $554.68, for a total value of $1,358,966.00. Following the sale, the director now directly owns 529,844 shares in the company, valued at $293,893,869.92. This trade represents a 0.46 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 8,050 shares of company stock valued at $4,292,245 in the last 90 days. Insiders own 3.60% of the company’s stock.

Hedge Funds Weigh In On Gartner

A number of institutional investors have recently added to or reduced their stakes in IT. Eastern Bank bought a new position in Gartner in the 3rd quarter worth about $26,000. Kestra Investment Management LLC bought a new position in Gartner in the 4th quarter worth about $29,000. Ashton Thomas Securities LLC bought a new position in shares of Gartner during the 3rd quarter valued at about $44,000. SBI Securities Co. Ltd. bought a new position in shares of Gartner during the 4th quarter valued at about $49,000. Finally, True Wealth Design LLC increased its position in shares of Gartner by 2,350.0% during the 3rd quarter. True Wealth Design LLC now owns 98 shares of the information technology services provider’s stock valued at $50,000 after purchasing an additional 94 shares during the last quarter. 91.51% of the stock is currently owned by institutional investors.

About Gartner

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.