CAE Inc $CAE Shares Bought by OMERS ADMINISTRATION Corp

OMERS ADMINISTRATION Corp raised its holdings in CAE Inc (NYSE:CAE) (TSE:CAE) by 267.7% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 52,060 shares of the aerospace company’s stock after purchasing an additional 37,900 shares during the period. OMERS ADMINISTRATION Corp’s holdings in CAE were worth $1,351,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of CAE. Norges Bank acquired a new position in shares of CAE during the 4th quarter worth approximately $98,377,000. FIL Ltd grew its holdings in CAE by 21.9% during the 4th quarter. FIL Ltd now owns 10,422,522 shares of the aerospace company’s stock valued at $316,955,000 after buying an additional 1,874,739 shares during the last quarter. TD Asset Management Inc grew its holdings in CAE by 82.5% during the 4th quarter. TD Asset Management Inc now owns 2,704,860 shares of the aerospace company’s stock valued at $82,364,000 after buying an additional 1,222,581 shares during the last quarter. Morgan Stanley increased its position in CAE by 114.0% during the fourth quarter. Morgan Stanley now owns 2,059,644 shares of the aerospace company’s stock worth $62,654,000 after buying an additional 1,097,193 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its holdings in shares of CAE by 142.6% in the first quarter. Goldman Sachs Group Inc. now owns 1,709,480 shares of the aerospace company’s stock worth $42,036,000 after acquiring an additional 1,004,820 shares during the last quarter. 67.36% of the stock is owned by hedge funds and other institutional investors.

CAE Price Performance

Shares of NYSE:CAE opened at $26.23 on Thursday. The company has a market cap of $8.43 billion, a P/E ratio of 36.94, a P/E/G ratio of 2.85 and a beta of 1.01. The company has a quick ratio of 0.77, a current ratio of 0.96 and a debt-to-equity ratio of 0.55. CAE Inc has a 52 week low of $22.76 and a 52 week high of $34.24. The business has a fifty day simple moving average of $25.21 and a 200-day simple moving average of $27.54.

CAE (NYSE:CAE) (TSE:CAE) last released its earnings results on Thursday, May 21st. The aerospace company reported $0.31 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 firm had revenue of $953.79 million during the quarter, compared to analyst estimates of $924.83 million. During the same period in the prior year, the firm posted $0.47 earnings per share. The business’s quarterly revenue was up 4.0% compared to the same quarter last year. CAE has set its FY 2027 guidance at 0.880-0.930 EPS. Equities research analysts forecast that CAE Inc will post 0.87 EPS for the current year.

Analysts Set New Price Targets

Several brokerages have recently issued reports on CAE. Royal Bank Of Canada reduced their price objective 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. Zacks Research raised shares of CAE from a “strong sell” rating to a “hold” rating in a research note on Wednesday, May 13th. Morgan Stanley lowered shares of CAE from an “equal weight” rating to an “underweight” rating in a report on Wednesday, July 15th. Jefferies Financial Group reaffirmed a “hold” rating and set a $26.00 price target on shares of CAE in a research note on Thursday, June 25th. Finally, National Bank Financial reiterated an “outperform” rating on shares of CAE in a report on Friday, May 22nd. Five investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target 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.