CAE Inc $CAE Stock Holdings Decreased by Capital International Investors

Capital International Investors lowered its stake in CAE Inc (NYSE:CAE) (TSE:CAE) by 26.5% in the 4th quarter, Holdings Channel.com reports. The firm owned 964,743 shares of the aerospace company’s stock after selling 347,489 shares during the period. Capital International Investors’ holdings in CAE were worth $29,338,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of CAE. Norges Bank bought a new stake in shares of CAE in the 4th quarter worth about $98,377,000. TD Asset Management Inc increased its position in shares of CAE by 82.5% in the 4th quarter. TD Asset Management Inc now owns 2,704,860 shares of the aerospace company’s stock worth $82,364,000 after purchasing an additional 1,222,581 shares during the last quarter. Goldman Sachs Group Inc. increased its position in shares of CAE by 142.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,709,480 shares of the aerospace company’s stock worth $42,036,000 after purchasing an additional 1,004,820 shares during the last quarter. CIBC Asset Management Inc increased its position in shares of CAE by 243.9% in the 4th quarter. CIBC Asset Management Inc now owns 1,107,936 shares of the aerospace company’s stock worth $34,376,000 after purchasing an additional 785,799 shares during the last quarter. Finally, Global Alpha Capital Management Ltd. bought a new stake in shares of CAE in the 4th quarter worth about $21,923,000. Institutional investors own 67.36% of the company’s stock.

CAE Trading Up 2.0%

NYSE CAE opened at $25.60 on Wednesday. CAE Inc has a one year low of $22.76 and a one year high of $34.24. The company has a 50-day simple moving average of $26.03 and a 200-day simple moving average of $28.51. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.77 and a current ratio of 0.96. The firm has a market capitalization of $8.23 billion, a PE ratio of 36.05, a price-to-earnings-growth ratio of 2.93 and a beta of 1.01.

CAE (NYSE:CAE) (TSE:CAE) last posted its earnings results on Thursday, May 21st. The aerospace company reported $0.31 earnings per share (EPS) for the quarter, beating 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%. CAE’s revenue was up 4.0% on a year-over-year basis. During the same period in the previous year, the business posted $0.47 EPS. CAE has set its FY 2027 guidance at 0.880-0.930 EPS. On average, equities analysts forecast that CAE Inc will post 0.88 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research firms have recently commented on CAE. Canaccord Genuity Group began coverage on shares of CAE in a report on Friday, March 13th. They issued a “buy” rating for the company. Scotiabank reaffirmed an “outperform” rating on shares of CAE in a report on Tuesday, February 17th. National Bank Financial reaffirmed an “outperform” rating on shares of CAE in a report on Friday, May 22nd. Zacks Research raised shares of CAE from a “strong sell” rating to a “hold” rating in a report on Wednesday, May 13th. Finally, Wall Street Zen raised shares of CAE from a “hold” rating to a “buy” rating in a report on Saturday, May 30th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $32.00.

About CAE

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.