Legal & General Group Plc Purchases 281,112 Shares of CAE Inc $CAE

Legal & General Group Plc boosted its position in shares of CAE Inc (NYSE:CAE) (TSE:CAE) by 15.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,160,185 shares of the aerospace company’s stock after purchasing an additional 281,112 shares during the period. Legal & General Group Plc’s holdings in CAE were worth $65,779,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. K.J. Harrison & Partners Inc bought a new position in CAE during the 4th quarter valued at about $1,222,000. Citigroup Inc. grew its holdings in CAE by 103.0% during the 3rd quarter. Citigroup Inc. now owns 322,554 shares of the aerospace company’s stock valued at $9,553,000 after purchasing an additional 163,649 shares during the last quarter. Vanguard Group Inc. grew its holdings in CAE by 4.1% during the 3rd quarter. Vanguard Group Inc. now owns 13,151,527 shares of the aerospace company’s stock valued at $389,430,000 after purchasing an additional 518,030 shares during the last quarter. PCJ Investment Counsel Ltd. grew its holdings in CAE by 1,427.2% during the 3rd quarter. PCJ Investment Counsel Ltd. now owns 533,740 shares of the aerospace company’s stock valued at $15,803,000 after purchasing an additional 498,790 shares during the last quarter. Finally, Anson Funds Management LP bought a new position in CAE during the 3rd quarter valued at about $4,589,000. 67.36% of the stock is currently owned by institutional investors.

CAE Price Performance

Shares of CAE stock opened at $25.81 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. The company has a market capitalization of $8.30 billion, a P/E ratio of 36.35, a P/E/G ratio of 2.99 and a beta of 1.03. The company’s 50-day simple moving average is $26.18 and its two-hundred day simple moving average is $28.55. CAE Inc has a one year low of $22.76 and a one year high of $34.24.

CAE (NYSE:CAE) (TSE:CAE) last issued its earnings results on Thursday, May 21st. The aerospace company reported $0.31 EPS for the quarter, topping analysts’ consensus estimates of $0.30 by $0.01. CAE had a net margin of 6.36% and a return on equity of 7.45%. The business had revenue of $953.79 million for the quarter, compared to the consensus estimate of $924.83 million. During the same period in the prior year, the firm earned $0.47 EPS. The company’s revenue for the quarter was up 4.0% compared to the same quarter last year. CAE has set its FY 2027 guidance at 0.880-0.930 EPS. As a group, equities analysts anticipate that CAE Inc will post 0.88 EPS for the current year.

Key Headlines Impacting CAE

Here are the key news stories impacting CAE this week:

• Positive Sentiment: National Bank Financial kept an Outperform rating on CAE, suggesting the firm still sees upside despite trimming near-term forecasts.
• Neutral Sentiment: A new article compared BAE Systems and CAE, but it appears to be a valuation/peer comparison rather than a company-specific catalyst. Comparing Bae Systems (OTCMKTS:BAESY) & CAE (NYSE:CAE)
• Neutral Sentiment: RBC Capital reportedly remained at Hold on CAE, while also cutting its price target, which reinforces a cautious but not outright bearish stance. RBC Capital Remains a Hold on CAE (CAE)
• Negative Sentiment: National Bank Financial cut earnings estimates across multiple periods, including Q1 2027, Q3 2027, Q4 2027, Q1 2028, Q2 2028, Q3 2028, Q4 2028, FY2027, and FY2028. Lower forward EPS estimates can weigh on the stock even though the broker still has an Outperform rating.
• Negative Sentiment: RBC’s reported price-target reduction adds to the recent analyst caution and may be contributing to weaker sentiment around CAE. RBC chops price target on CAE

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. Wall Street Zen upgraded shares of CAE from a “hold” rating to a “buy” rating in a research note on Saturday. Scotiabank restated an “outperform” rating on shares of CAE in a research note on Tuesday, February 17th. Stifel Nicolaus assumed coverage on shares of CAE in a research note on Wednesday, March 4th. They issued a “buy” rating on the stock. Royal Bank Of Canada dropped their target price on shares of CAE from $42.00 to $36.00 and set a “sector perform” rating on the stock in a research note on Tuesday. Finally, Canaccord Genuity Group assumed coverage on shares of CAE in a research note on Friday, March 13th. They issued a “buy” rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $32.00.

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.