Montrusco Bolton Investments 13F: Cuts CGI (GIB) Stake by $5.4M

Montrusco Bolton Investments recently cut its stake in CGI Inc. (NYSE:GIB) by 15.8%, according to its latest Form 13F filing with the SEC. The firm sold 79,296 shares, bringing its total holdings to 421,178 shares, valued at approximately $28.7 million as of the end of the reporting period.

What Changed in Montrusco Bolton Investments' CGI Inc. Position

Montrusco Bolton Investments reduced its position in CGI Inc. by 15.8%, decreasing its share count from 500,474 to 421,178. The move trimmed the investment firm's stake by 79,296 shares, reflecting a strategic adjustment in its portfolio.

CGI Inc. Stock Up 8.7%

Shares of CGI Inc. traded near their previous close of $69.37 on Friday. CGI Inc., a technology company, has a market capitalization of about $14.38 billion. The company trades with a P/E ratio of 12.05 and a forward P/E of 9.94, indicating relatively modest valuation metrics compared to its earnings. CGI Inc. has a 52-week range from a low of $59.63 to a high of $95.20, with a 50-day moving average of $71.71 and a 200-day moving average of $74.94. The company's beta of 0.174 suggests lower volatility compared to the broader market.

Recent Earnings

CGI Inc. reported revenues of $16.44 billion, reflecting a growth rate of 2.5%. The company achieved a net margin of 10.54% and a return on equity of 17.03%. Earnings per share stood at $5.76. CGI Inc. is scheduled to announce its next earnings on November 11, 2026.

Dividend

CGI Inc. offers an annual dividend rate of $0.49, yielding 0.7%. The company's dividend payout ratio is a conservative 8.2%, indicating a focus on retaining earnings for growth and investment.

About CGI Inc.

CGI Inc., headquartered in Montreal, Canada, is a leading provider of information technology and business process services. Founded in 1976, the company operates globally, serving industries such as banking, communications, energy, and government. CGI offers a wide range of services, including IT consulting, systems integration, and managed services, employing about 94,000 people under the leadership of CEO Timothy J. Hurlebaus.

Bottom Line

Montrusco Bolton Investments' decision to reduce its stake in CGI Inc. highlights a shift in its investment strategy. Investors often track such filings to gauge institutional sentiment, though these reports reflect past positions and may not indicate current holdings. CGI Inc.’s solid financial metrics and global presence make it a notable player in the technology services sector.