CAE Inc $CAE Shares Sold by Mufg Securities Canada LTD.

Mufg Securities Canada LTD. reduced its holdings in CAE Inc (NYSE:CAE) (TSE:CAE) by 4.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 454,829 shares of the aerospace company’s stock after selling 22,506 shares during the period. Mufg Securities Canada LTD. owned approximately 0.14% of CAE worth $11,370,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. State of Wyoming raised its holdings in CAE by 2.8% in the 4th 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 during the last quarter. Sanctuary Advisors LLC grew its position in shares of CAE by 3.0% in the fourth quarter. Sanctuary Advisors LLC now owns 12,596 shares of the aerospace company’s stock valued at $383,000 after purchasing an additional 371 shares in the last quarter. Sequoia Financial Advisors LLC increased its holdings in shares of CAE by 0.8% in the first 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 during the last quarter. United Services Automobile Association lifted its position in CAE by 4.5% during the first quarter. United Services Automobile Association now owns 10,822 shares of the aerospace company’s stock worth $265,000 after buying an additional 462 shares in the last quarter. Finally, Creative Planning lifted its position in CAE by 3.2% during the third quarter. Creative Planning now owns 16,423 shares of the aerospace company’s stock worth $487,000 after buying an additional 507 shares in the last quarter. 67.36% of the stock is currently owned by institutional investors and hedge funds.

CAE Price Performance

CAE stock opened at $24.16 on Tuesday. The business has a fifty day moving average of $25.59 and a two-hundred day moving average of $26.46. The company has a quick ratio of 0.77, a current ratio of 0.96 and a debt-to-equity ratio of 0.55. The stock has a market cap of $7.74 billion, a price-to-earnings ratio of 34.03, a price-to-earnings-growth ratio of 2.85 and a beta of 1.01. CAE Inc has a 52-week low of $22.76 and a 52-week high of $34.24.

CAE (NYSE:CAE) (TSE:CAE) last announced its quarterly earnings results on Wednesday, August 12th. The aerospace company reported $0.19 EPS for the quarter, beating the consensus estimate of $0.17 by $0.02. The business had revenue of $826.42 million for the quarter, compared to analyst estimates of $796.86 million. CAE had a return on equity of 7.45% and a net margin of 6.36%.The company’s quarterly revenue was up 6.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.21 EPS. CAE has set its FY 2027 guidance at 0.870-0.920 EPS. As a group, research analysts anticipate that CAE Inc will post 0.87 earnings per share for the current year.

Wall Street Analyst Weigh In

Several analysts have issued reports on CAE shares. Wall Street Zen cut CAE from a “buy” rating to a “hold” rating in a report on Saturday, June 20th. Weiss Ratings lowered CAE from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, July 23rd. Zacks Research raised shares of CAE from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 13th. National Bank Financial reissued an “outperform” rating on shares of CAE in a report on Friday, May 22nd. Finally, Royal Bank Of Canada reduced 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, May 26th. Five investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $31.00.

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.