Natixis Advisors LLC Sells 67,474 Shares of CAE Inc $CAE

Natixis Advisors LLC lowered its position in shares of CAE Inc (NYSE:CAE) (TSE:CAE) by 30.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 154,909 shares of the aerospace company’s stock after selling 67,474 shares during the period. Natixis Advisors LLC’s holdings in CAE were worth $4,712,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in CAE. CIBC Private Wealth Group LLC bought a new stake in CAE during the third quarter worth about $42,000. Bessemer Group Inc. lifted its stake in shares of CAE by 26.0% in the 3rd quarter. Bessemer Group Inc. now owns 5,547 shares of the aerospace company’s stock valued at $164,000 after acquiring an additional 1,145 shares during the last quarter. Asahi Life Asset Management CO. LTD. bought a new stake in shares of CAE in the 4th quarter valued at about $225,000. Oppenheimer & Co. Inc. bought a new stake in shares of CAE in the 4th quarter valued at about $228,000. Finally, United Services Automobile Association lifted its stake in shares of CAE by 4.5% in the 1st quarter. United Services Automobile Association now owns 10,822 shares of the aerospace company’s stock valued at $265,000 after acquiring an additional 462 shares during the last quarter. Institutional investors own 67.36% of the company’s stock.

CAE Trading Down 1.6%

CAE opened at $25.09 on Tuesday. The business has a 50 day simple moving average of $26.04 and a two-hundred day simple moving average of $28.51. The firm has a market capitalization of $8.07 billion, a price-to-earnings ratio of 35.34, a PEG ratio of 2.97 and a beta of 1.01. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.96 and a quick ratio of 0.77. CAE Inc has a one year low of $22.76 and a one year high of $34.24.

CAE (NYSE:CAE) (TSE:CAE) last released its quarterly earnings results on Thursday, May 21st. The aerospace company reported $0.31 EPS for the quarter, beating analysts’ consensus estimates of $0.30 by $0.01. The business had revenue of $953.79 million during 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%.CAE’s quarterly revenue was up 4.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.47 EPS. CAE has set its FY 2027 guidance at 0.880-0.930 EPS. Analysts predict that CAE Inc will post 0.88 EPS for the current year.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. Canaccord Genuity Group assumed coverage on CAE in a research note on Friday, March 13th. They issued a “buy” rating for the company. Royal Bank Of Canada lowered their target price on CAE from $42.00 to $36.00 and set a “sector perform” rating for the company in a research note on Tuesday, May 26th. Zacks Research raised CAE from a “strong sell” rating to a “hold” rating in a research note on Wednesday, May 13th. TD Securities reissued a “buy” rating on shares of CAE in a research note on Tuesday, February 17th. Finally, Wall Street Zen raised CAE from a “hold” rating to a “buy” rating in a research note on Saturday, May 30th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $32.00.

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.