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STAMFORD, Conn. - Gartner, Inc. (NYSE:IT) announced Wednesday it has commenced an offering of senior unsecured notes in a registered public offering under a shelf registration statement. The IT services provider, with a market capitalization of $16.59 billion, currently operates with a moderate level of debt totaling $2.85 billion according to InvestingPro data.
The research and advisory company intends to use the net proceeds from the offering to repay outstanding borrowings under its existing revolving credit facility, pay related fees and expenses, with any remainder allocated for general corporate purposes.
J.P. Morgan Securities LLC, BofA Securities, Inc., Citigroup Global Markets Inc. and TD Securities (USA) LLC are serving as joint book-running managers for the offering.
The offering follows Gartner’s registration statement filing with the Securities and Exchange Commission (SEC), which automatically became effective upon filing on November 12, 2025.
Gartner noted in its press release statement that the offering is subject to market and other conditions, and there is no assurance that it will be completed.
The company has made the prospectus and preliminary prospectus supplement available through the SEC website, and investors can also request these documents from any of the joint book-running managers.
Gartner provides research and advisory services to enterprises across various business sectors. The company did not disclose the size or pricing terms of the notes offering in its announcement.
In other recent news, Gartner Inc. reported its third-quarter 2025 earnings, exceeding Wall Street’s expectations with an adjusted earnings per share (EPS) of $2.76, compared to the projected $2.43. This result represents a 13.58% surprise. The company’s revenue for the quarter was $1.5 billion, which matched forecasts and showed a 3% increase from the previous year. Despite these positive earnings results, BMO Capital lowered its price target for Gartner from $272 to $254 while maintaining a Market Perform rating. BMO Capital highlighted that Gartner delivered a margin-driven earnings beat, although it faced slowing contract value growth. This slowdown was attributed to ongoing federal government pressure and challenges in tariff-affected industries, particularly within Gartner’s GBS segment. These developments reflect the company’s current financial standing and market conditions.
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