Susquehanna International Group LLP Makes New Investment in CAE Inc $CAE

Susquehanna International Group LLP purchased a new position in CAE Inc (NYSE:CAE) (TSE:CAE) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 54,583 shares of the aerospace company’s stock, valued at approximately $1,368,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in CAE. K.J. Harrison & Partners Inc bought a new stake in CAE during the fourth quarter worth about $1,222,000. Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of CAE during the 2nd quarter valued at about $65,215,000. Polar Asset Management Partners Inc. purchased a new stake in CAE in the first quarter worth approximately $3,253,000. Vanguard Group Inc. raised its stake in shares of CAE by 1.7% during the fourth quarter. Vanguard Group Inc. now owns 13,380,797 shares of the aerospace company’s stock worth $406,923,000 after acquiring an additional 229,270 shares in the last quarter. Finally, Alberta Investment Management Corp purchased a new stake in shares of CAE in the 2nd quarter valued at $2,159,000. Hedge funds and other institutional investors own 67.36% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on CAE shares. Morgan Stanley downgraded shares of CAE from an “equal weight” rating to an “underweight” rating in a research note on Wednesday, July 15th. Weiss Ratings cut CAE from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, July 23rd. Wall Street Zen lowered CAE from a “buy” rating to a “hold” rating in a research note on Saturday, June 20th. Royal Bank Of Canada cut their target price on shares of CAE from $42.00 to $36.00 and set a “sector perform” rating on the stock in a report on Tuesday, May 26th. Finally, Zacks Research raised shares of CAE from a “strong sell” rating to a “hold” rating in a research note on Wednesday, May 13th. Five equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $31.00.

CAE Price Performance

Shares of CAE stock opened at $24.28 on Monday. The business has a 50 day moving average of $25.60 and a 200 day moving average of $26.52. CAE Inc has a 52 week low of $22.76 and a 52 week high of $34.24. The company has a market cap of $7.78 billion, a PE ratio of 34.20, 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 (NYSE:CAE) (TSE:CAE) last released its quarterly earnings results on Wednesday, August 12th. The aerospace company reported $0.19 earnings per share 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 analysts’ expectations of $796.86 million. CAE had a net margin of 6.36% and a return on equity of 7.45%. The firm’s revenue for the quarter was up 6.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.21 earnings per share. CAE has set its FY 2027 guidance at 0.870-0.920 EPS. As a group, equities research analysts forecast that CAE Inc will post 0.87 earnings per share for the current year.

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.