Global Alpha Capital Management Ltd. Buys Shares of 720,900 CAE Inc $CAE

Global Alpha Capital Management Ltd. bought a new stake in shares of CAE Inc (NYSE:CAE) (TSE:CAE) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 720,900 shares of the aerospace company’s stock, valued at approximately $21,923,000.

Other institutional investors and hedge funds have also modified their holdings of the company. CIBC Private Wealth Group LLC acquired a new stake in shares of CAE in the 3rd quarter valued at $42,000. Bessemer Group Inc. lifted its stake in shares of CAE by 26.0% in the 3rd quarter. Bessemer Group Inc. now owns 5,547 shares of the aerospace company’s stock valued at $164,000 after purchasing an additional 1,145 shares during the last quarter. Asahi Life Asset Management CO. LTD. acquired a new stake in shares of CAE in the 4th quarter valued at $225,000. Oppenheimer & Co. Inc. acquired a new stake in shares of CAE in the 4th quarter valued at $228,000. Finally, Caprock Group LLC acquired a new stake in shares of CAE in the 3rd quarter valued at $280,000. Institutional investors and hedge funds own 67.36% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on CAE shares. Weiss Ratings lowered shares of CAE from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, May 29th. Zacks Research raised shares of CAE from a “strong sell” rating to a “hold” rating in a research note on Wednesday, May 13th. Wall Street Zen raised shares of CAE from a “hold” rating to a “buy” rating in a research note on Saturday, May 30th. National Bank Financial reaffirmed an “outperform” rating on shares of CAE in a research note on Friday, May 22nd. Finally, Royal Bank Of Canada reduced their price objective on shares of CAE from $42.00 to $36.00 and set a “sector perform” rating for the company in a research note on Tuesday, May 26th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $32.00.

CAE Stock Up 0.2%

CAE stock opened at $25.50 on Friday. The firm has a market cap of $8.20 billion, a price-to-earnings ratio of 35.92, a P/E/G ratio of 2.97 and a beta of 1.01. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.96 and a quick ratio of 0.77. CAE Inc has a fifty-two week low of $22.76 and a fifty-two week high of $34.24. The firm has a fifty day moving average price of $26.06 and a two-hundred day moving average price of $28.50.

CAE (NYSE:CAE) (TSE:CAE) last released its earnings results on Thursday, May 21st. The aerospace company reported $0.31 earnings per share for the quarter, topping analysts’ consensus estimates of $0.30 by $0.01. The firm had revenue of $953.79 million during the quarter, compared to analyst estimates of $924.83 million. CAE had a net margin of 6.36% and a return on equity of 7.45%. The business’s revenue was up 4.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.47 EPS. CAE has set its FY 2027 guidance at 0.880-0.930 EPS. As a group, analysts forecast that CAE Inc will post 0.88 earnings per share for the current year.

CAE Company Profile

CAE Inc is a global leader in training and simulation technologies, headquartered in Montréal, Canada. The company specializes in the design and manufacture of high-fidelity flight simulators and training systems for civil aviation, defense and security, and healthcare markets. Leveraging advanced software and hardware integration, CAE delivers comprehensive training solutions that address pilot proficiency, mission readiness and patient safety across a wide range of platforms.

In civil aviation, CAE partners with major airlines, aircraft manufacturers and flight schools to provide pilot training services, courseware development and crew scheduling solutions.