Quantinno Capital Management LP Has $3.75 Million Stock Holdings in CAE Inc $CAE

Quantinno Capital Management LP lifted its holdings in CAE Inc (NYSE:CAE) (TSE:CAE) by 33.8% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 144,071 shares of the aerospace company’s stock after purchasing an additional 36,372 shares during the quarter. Quantinno Capital Management LP’s holdings in CAE were worth $3,753,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Polar Asset Management Partners Inc. acquired a new stake in shares of CAE in the first quarter valued at about $3,253,000. Lazard Asset Management LLC acquired a new position in CAE during the first quarter valued at approximately $1,826,000. OMERS ADMINISTRATION Corp grew its stake in CAE by 267.7% in the first quarter. OMERS ADMINISTRATION Corp now owns 52,060 shares of the aerospace company’s stock valued at $1,351,000 after purchasing an additional 37,900 shares in the last quarter. Lombard Odier Asset Management Switzerland SA acquired a new position in shares of CAE during the 1st quarter worth approximately $347,000. Finally, Sunriver Management LLC bought a new stake in shares of CAE during the 1st quarter worth approximately $21,996,000. Institutional investors own 67.36% of the company’s stock.

Analyst Upgrades and Downgrades

CAE has been the subject of several recent analyst reports. Royal Bank Of Canada cut their price objective on CAE from $42.00 to $36.00 and set a “sector perform” rating for the company in a report on Tuesday, May 26th. Morgan Stanley lowered shares of CAE from an “equal weight” rating to an “underweight” rating in a research report on Wednesday, July 15th. Weiss Ratings cut shares of CAE from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, July 23rd. Wall Street Zen lowered shares of CAE from a “buy” rating to a “hold” rating in a research note on Saturday, June 20th. Finally, Zacks Research raised shares of CAE from a “strong sell” rating to a “hold” rating in a report on Wednesday, May 13th. Five investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, CAE presently has an average rating of “Hold” and a consensus price target of $31.00.

CAE Stock Up 1.5%

CAE stock opened at $27.19 on Friday. CAE Inc has a 1-year low of $22.76 and a 1-year high of $34.24. The business’s 50 day simple moving average is $25.46 and its 200 day simple moving average is $27.26. 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 firm has a market capitalization of $8.74 billion, a PE ratio of 38.30, a PEG ratio of 2.85 and a beta of 1.01.

CAE (NYSE:CAE) (TSE:CAE) last announced its quarterly earnings results 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. CAE had a return on equity of 7.45% and a net margin of 6.36%.The business had revenue of $953.79 million during the quarter, compared to the consensus estimate of $924.83 million. During the same quarter last year, the firm posted $0.47 EPS. The company’s quarterly revenue was up 4.0% on a year-over-year basis. CAE has set its FY 2027 guidance at 0.880-0.930 EPS. As a group, research analysts anticipate that CAE Inc will post 0.87 EPS 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.