CGI Inc. reports strong revenue growth and institutional investment

CGI Inc., a major Canadian information technology and business consulting firm, has seen notable institutional interest and steady financial growth. According to recent SEC filings, Andra AP fonden acquired 18,600 shares of the company during the second quarter, a position valued at approximately $1,201,000.

The company has demonstrated consistent revenue increases, rising from $11.5 billion in 2018 to $15.9 billion in 2025. In its third quarter of fiscal 2026, CGI reported revenue of $4.2 billion and maintained a significant backlog of $38.1 billion, which is nine times its quarterly revenue.

While institutional investors own approximately 66.68% of the company's stock, recent analyst activity has been mixed. TD Securities recently downgraded the stock from 'buy' to 'hold', while Weiss Ratings upgraded it from 'sell' to 'hold'.