Sycale Advisors NY LLC Sells 1,004,104 Shares of CAE Inc $CAE

Sycale Advisors NY LLC lessened its holdings in shares of CAE Inc (NYSE:CAE) (TSE:CAE) by 44.7% during the 4th quarter, Holdings Channel.com reports. The fund owned 1,240,182 shares of the aerospace company’s stock after selling 1,004,104 shares during the period. CAE accounts for 11.7% of Sycale Advisors NY LLC’s investment portfolio, making the stock its biggest holding. Sycale Advisors NY LLC’s holdings in CAE were worth $37,726,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Mariner LLC raised its position in shares of CAE by 46.1% during the 4th quarter. Mariner LLC now owns 11,199 shares of the aerospace company’s stock worth $341,000 after acquiring an additional 3,533 shares in the last quarter. Kestra Advisory Services LLC acquired a new stake in shares of CAE during the 4th quarter worth about $41,000. Transamerica Financial Advisors LLC raised its position in shares of CAE by 170.7% during the 4th quarter. Transamerica Financial Advisors LLC now owns 1,267 shares of the aerospace company’s stock worth $39,000 after acquiring an additional 799 shares in the last quarter. CANADA LIFE ASSURANCE Co raised its position in shares of CAE by 17.8% during the 4th quarter. CANADA LIFE ASSURANCE Co now owns 103,686 shares of the aerospace company’s stock worth $3,154,000 after acquiring an additional 15,635 shares in the last quarter. Finally, Stifel Financial Corp raised its position in shares of CAE by 21.9% during the 4th quarter. Stifel Financial Corp now owns 112,093 shares of the aerospace company’s stock worth $3,410,000 after acquiring an additional 20,149 shares in the last quarter. Institutional investors and hedge funds own 67.36% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on CAE. TD Securities reissued a “buy” rating on shares of CAE in a research report on Tuesday, February 17th. Wall Street Zen raised CAE from a “hold” rating to a “buy” rating in a research report on Saturday, May 30th. National Bank Financial reaffirmed an “outperform” rating on shares of CAE in a research report on Friday, May 22nd. Jefferies Financial Group cut their price target on CAE from $31.00 to $27.00 and set a “hold” rating on the stock in a research report on Friday, April 17th. Finally, Royal Bank Of Canada cut their price target on CAE from $42.00 to $36.00 and set a “sector perform” rating on the stock in a research report on Tuesday, May 26th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $32.00.

CAE Trading Up 0.1%

NYSE:CAE opened at $25.32 on Monday. The firm has a market cap of $8.14 billion, a P/E ratio of 35.66, a PEG ratio of 2.95 and a beta of 1.01. 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 $25.99 and its 200-day simple moving average is $28.50. CAE Inc has a 12-month low of $22.76 and a 12-month high of $34.24.

CAE (NYSE:CAE) (TSE:CAE) last released 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 business had revenue of $953.79 million for the quarter, compared to analyst estimates of $924.83 million. CAE had a return on equity of 7.45% and a net margin of 6.36%.The company’s revenue for the quarter was up 4.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.47 earnings per share. CAE has set its FY 2027 guidance at 0.880-0.930 EPS. Equities analysts anticipate that CAE Inc will post 0.88 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.