Nykredit A S Invests $1.55 Million in CAE Inc $CAE

Nykredit A S bought a new stake in shares of CAE Inc (NYSE:CAE) (TSE:CAE) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 61,986 shares of the aerospace company’s stock, valued at approximately $1,551,000.

Other large investors also recently made changes to their positions in the company. Transamerica Financial Advisors LLC boosted its holdings in shares of CAE by 170.7% during the fourth quarter. Transamerica Financial Advisors LLC now owns 1,267 shares of the aerospace company’s stock worth $39,000 after purchasing an additional 799 shares during the period. Kestra Advisory Services LLC acquired a new position in CAE in the 4th quarter valued at approximately $41,000. CIBC Private Wealth Group LLC purchased a new stake in CAE in the 3rd quarter worth approximately $42,000. Tacita Capital Inc purchased a new stake in CAE in the 2nd quarter worth approximately $37,000. Finally, Brown Brothers Harriman & Co. acquired a new stake in shares of CAE during the 4th quarter valued at $47,000. Institutional investors and hedge funds own 67.36% of the company’s stock.

Analyst Upgrades and Downgrades

CAE has been the topic of several research analyst reports. National Bank Financial restated an “outperform” rating on shares of CAE in a report on Friday, May 22nd. Jefferies Financial Group reissued a “hold” rating on shares of CAE in a research report on Thursday, August 13th. Zacks Research upgraded CAE from a “strong sell” rating to a “hold” rating in a research note on Wednesday, May 13th. Royal Bank Of Canada cut their price target 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. Finally, Weiss Ratings lowered CAE from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, July 23rd. Five investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $31.00.

CAE Stock Performance

Shares of CAE opened at $24.41 on Tuesday. The firm has a market cap of $7.82 billion, a price-to-earnings ratio of 34.38, a price-to-earnings-growth ratio of 2.85 and a beta of 1.01. The company’s fifty day moving average is $25.49 and its 200-day moving average is $26.23. 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 12 month low of $22.76 and a 12 month high of $34.24.

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