CAE Inc $CAE Stock Position Decreased by Hillsdale Investment Management Inc.

Hillsdale Investment Management Inc. trimmed its position in shares of CAE Inc (NYSE:CAE) (TSE:CAE) by 98.8% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,300 shares of the aerospace company’s stock after selling 102,885 shares during the quarter. Hillsdale Investment Management Inc.’s holdings in CAE were worth $34,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also made changes to their positions in the company. Transamerica Financial Advisors LLC increased its holdings in CAE by 170.7% in the fourth quarter. Transamerica Financial Advisors LLC now owns 1,267 shares of the aerospace company’s stock worth $39,000 after buying an additional 799 shares during the last quarter. Kestra Advisory Services LLC bought a new stake in CAE in the fourth quarter worth approximately $41,000. CIBC Private Wealth Group LLC bought a new stake in CAE in the third quarter worth approximately $42,000. Brown Brothers Harriman & Co. acquired a new position in shares of CAE during the 4th quarter worth $47,000. Finally, Purpose Unlimited Inc. bought a new position in shares of CAE during the 4th quarter valued at $74,000. Institutional investors own 67.36% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on CAE. Zacks Research upgraded shares of CAE from a “strong sell” rating to a “hold” rating in a report on Wednesday, May 13th. Morgan Stanley lowered CAE from an “equal weight” rating to an “underweight” rating in a report on Wednesday. Wall Street Zen downgraded CAE from a “buy” rating to a “hold” rating in a research note on Saturday, June 20th. Weiss Ratings raised CAE from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, July 8th. Finally, Jefferies Financial Group reissued a “hold” rating and set a $26.00 price objective on shares of CAE in a report on Thursday, June 25th. Five investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $31.00.

CAE Stock Performance

Shares of CAE opened at $24.68 on Friday. The company has a market capitalization of $7.93 billion, a PE ratio of 34.77, a price-to-earnings-growth ratio of 2.90 and a beta of 1.01. CAE Inc has a one year low of $22.76 and a one year high of $34.24. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.96 and a quick ratio of 0.77. The company’s fifty day moving average price is $25.35 and its 200 day moving average price is $27.92.

CAE (NYSE:CAE) (TSE:CAE) last released its quarterly 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 company had revenue of $953.79 million during the quarter, compared to analysts’ expectations of $924.83 million. CAE had a net margin of 6.36% and a return on equity of 7.45%. The business’s quarterly revenue was up 4.0% compared to the same quarter last year. During the same period in the prior year, the company earned $0.47 earnings per share. CAE has set its FY 2027 guidance at 0.880-0.930 EPS. As a group, analysts expect that CAE Inc will post 0.87 earnings per share for the current year.

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.