Natixis Advisors LLC Trims Stake in CAE Inc $CAE

Natixis Advisors LLC decreased its position in shares of CAE Inc (NYSE:CAE) (TSE:CAE) by 30.3% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 154,909 shares of the aerospace company’s stock after selling 67,474 shares during the period. Natixis Advisors LLC’s holdings in CAE were worth $4,712,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in CAE. Millennium Management LLC purchased a new position in shares of CAE during the 1st quarter worth approximately $4,170,000. Goldman Sachs Group Inc. grew its holdings in shares of CAE by 142.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,709,480 shares of the aerospace company’s stock worth $42,036,000 after acquiring an additional 1,004,820 shares during the period. United Services Automobile Association grew its holdings in shares of CAE by 4.5% during the 1st quarter. United Services Automobile Association now owns 10,822 shares of the aerospace company’s stock worth $265,000 after acquiring an additional 462 shares during the period. Prudential Financial Inc. purchased a new position in shares of CAE during the 2nd quarter worth approximately $287,000. Finally, Marshall Wace LLP purchased a new position in shares of CAE during the 2nd quarter worth approximately $3,655,000. Hedge funds and other institutional investors own 67.36% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on CAE shares. Weiss Ratings downgraded CAE from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, May 29th. Canaccord Genuity Group started coverage on CAE in a research note on Friday, March 13th. They issued a “buy” rating on the stock. Stifel Nicolaus started coverage on CAE in a research note on Wednesday, March 4th. They issued a “buy” rating on the stock. Scotiabank restated an “outperform” rating on shares of CAE in a research note on Tuesday, February 17th. Finally, TD Securities restated a “buy” rating on shares of CAE in a research note on Tuesday, February 17th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, CAE presently has a consensus rating of “Moderate Buy” and an average price target of $32.00.

CAE Stock Performance

CAE stock opened at $25.09 on Tuesday. The stock has a market capitalization of $8.07 billion, a PE ratio of 35.34, a price-to-earnings-growth ratio of 2.97 and a beta of 1.01. CAE Inc has a 12-month low of $22.76 and a 12-month high of $34.24. The company has a current ratio of 0.96, a quick ratio of 0.77 and a debt-to-equity ratio of 0.55. The stock’s 50 day simple moving average is $26.04 and its 200 day simple moving average is $28.51.

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

CAE 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.