CAE Inc $CAE Shares Acquired by Swiss National Bank

Swiss National Bank grew its holdings in shares of CAE Inc (NYSE:CAE) (TSE:CAE) by 27.3% during the first quarter, Holdings Channel reports. The firm owned 1,028,300 shares of the aerospace company’s stock after purchasing an additional 220,800 shares during the quarter. Swiss National Bank’s holdings in CAE were worth $26,734,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. State of Wyoming raised its stake in shares of CAE by 2.8% in the fourth quarter. State of Wyoming now owns 13,007 shares of the aerospace company’s stock valued at $396,000 after acquiring an additional 352 shares in the last quarter. Sanctuary Advisors LLC grew its stake in CAE by 3.0% during the 4th quarter. Sanctuary Advisors LLC now owns 12,596 shares of the aerospace company’s stock worth $383,000 after purchasing an additional 371 shares in the last quarter. Sequoia Financial Advisors LLC raised its position in CAE by 0.8% in the 1st quarter. Sequoia Financial Advisors LLC now owns 50,271 shares of the aerospace company’s stock valued at $1,310,000 after purchasing an additional 399 shares in the last quarter. United Services Automobile Association raised its holdings in CAE by 4.5% in the first quarter. United Services Automobile Association now owns 10,822 shares of the aerospace company’s stock valued at $265,000 after acquiring an additional 462 shares in the last quarter. Finally, Creative Planning lifted its stake in CAE by 3.2% in the third quarter. Creative Planning now owns 16,423 shares of the aerospace company’s stock worth $487,000 after acquiring an additional 507 shares during the last quarter. Hedge funds and other institutional investors own 67.36% of the company’s stock.

CAE Stock Up 2.3%

CAE opened at $24.83 on Friday. 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 12 month low of $22.76 and a 12 month high of $34.24. The stock has a market capitalization of $7.98 billion, a P/E ratio of 34.97, a P/E/G ratio of 2.85 and a beta of 1.01. The business has a 50 day simple moving average of $25.23 and a 200-day simple moving average of $27.72.

CAE (NYSE:CAE) (TSE:CAE) last announced its quarterly earnings results on Thursday, May 21st. The aerospace company reported $0.31 earnings per share for the quarter, beating analysts’ consensus estimates of $0.30 by $0.01. The business had revenue of $953.79 million during 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 business’s revenue for the quarter was up 4.0% on a year-over-year basis. During the same quarter last year, the business posted $0.47 earnings per share. CAE has set its FY 2027 guidance at 0.880-0.930 EPS. On average, equities analysts anticipate that CAE Inc will post 0.87 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on CAE shares. National Bank Financial restated an “outperform” rating on shares of CAE in a research report on Friday, May 22nd. Wall Street Zen downgraded CAE from a “buy” rating to a “hold” rating in a report on Saturday, June 20th. Morgan Stanley cut CAE from an “equal weight” rating to an “underweight” rating in a research report on Wednesday, July 15th. Zacks Research upgraded shares of CAE from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 13th. Finally, Jefferies Financial Group reiterated a “hold” rating and issued a $26.00 price target on shares of CAE in a research report on Thursday, June 25th. Five investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $31.00.

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.