Gartner to Join S&P 500

NEW YORK — S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400 and S&P SmallCap 600 indices:

  • S&P MidCap 400 constituent Gartner Inc. (NYSE: IT) will replace The Dun & Bradstreet Corp. (NYSE: DNB) in the S&P 500, Dun & Bradstreet will replace Gartner in the S&P MidCap 400, and INC Research Holdings Inc. (NASD: INCR) will replace CEB Inc. (NYSE: CEB) in the S&P MidCap 400 effective prior to the open on Wednesday, April 5. Gartner is acquiring CEB in a deal expected to be completed on or about that date pending final conditions. Post-merger, Gartner will be more representative of the large-cap market space. Dun & Bradstreet has a market capitalization more representative of the mid-cap market space.
  • S&P SmallCap 600 constituent Wintrust Financial Corp. (NASD: WTFC) will replace Mentor Graphics Inc. (NASD: MENT) in the S&P MidCap 400, and Heska Corp. (NASD: HSKA) will replace Wintrust Financial in the SmallCap 600 prior to the open on Monday, April 3. Siemens Industry Inc. is acquiring Mentor Graphics in a deal expected to be completed soon.

Gartner is an information technology research and advisory company that provides independent research and analysis on information technology, supply chain, and digital marketing initiatives. Headquartered in Stamford, CT, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) IT Consulting & Other Services Sub-Industry index.

The Dun & Bradstreet provides commercial data, analytics, and insights on businesses. Headquartered in Short Hills, NJ, the company will be added to the S&P MidCap 400 GICS Research & Consulting Services Sub-Industry index.

INC Research Holdings provides various clinical development services for the biopharmaceutical and medical device industries. Headquartered in Raleigh, NC, the company will be added to the S&P MidCap 400 GICS Life Sciences Tools & Services Sub-Industry index.

Wintrust Financial provides banking and other financial products and services. Headquartered in Rosemont, IL, the company will be added to the S&P MidCap 400 GICS Regional Banks Sub-Industry index.

Heska develops, manufactures, and markets advanced veterinary diagnostic and specialty products for canine and feline healthcare markets. Headquartered in Loveland, CO, the company will be added to the S&P SmallCap 600 GICS Pharmaceuticals Sub-Industry index.

Following is a summary of the changes:

S&P MIDCAP 400 INDEX – APRIL 3, 2017

COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Wintrust
Financial

Financials

Regional Banks

DELETED

Mentor Graphics

Information Technology

Application Software

S&P SMALLCAP 600 INDEX – APRIL 3, 2017

COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Heska

Health Care

Pharmaceuticals

DELETED

Wintrust
Financial

Financials

Regional Banks

S&P 500 INDEX – APRIL 5, 2017

COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Gartner

Information Technology

IT Consulting & Other
Services

DELETED

Dun &
Bradstreet

Industrials

Research & Consulting
Services

S&P MIDCAP 400 INDEX – APRIL 5, 2017

COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Dun &
Bradstreet

Industrials

Research & Consulting
Services

INC Research
Holdings

Health Care

Life Sciences Tools &
Services

DELETED

Gartner

Information Technology

IT Consulting & Other
Services

CEB

Industrials

Research & Consulting
Services