Fiera Capital Corp Increases Stock Position in CAE Inc $CAE

Fiera Capital Corp lifted its holdings in shares of CAE Inc (NYSE:CAE) (TSE:CAE) by 5,035.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 974,295 shares of the aerospace company’s stock after buying an additional 955,324 shares during the quarter. Fiera Capital Corp owned about 0.30% of CAE worth $29,610,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the business. State of Wyoming lifted its stake in shares of CAE by 2.8% during the 4th quarter. State of Wyoming now owns 13,007 shares of the aerospace company’s stock valued at $396,000 after buying an additional 352 shares in the last quarter. Sanctuary Advisors LLC lifted its stake in shares of CAE by 3.0% during the 4th quarter. Sanctuary Advisors LLC now owns 12,596 shares of the aerospace company’s stock valued at $383,000 after buying an additional 371 shares in the last quarter. United Services Automobile Association lifted its stake in shares of CAE by 4.5% during the 1st quarter. United Services Automobile Association now owns 10,822 shares of the aerospace company’s stock valued at $265,000 after buying an additional 462 shares in the last quarter. Lansforsakringar Fondforvaltning AB publ lifted its stake in shares of CAE by 0.8% during the 3rd quarter. Lansforsakringar Fondforvaltning AB publ now owns 59,684 shares of the aerospace company’s stock valued at $1,768,000 after buying an additional 489 shares in the last quarter. Finally, Creative Planning lifted its stake in CAE by 3.2% in the 3rd quarter. Creative Planning now owns 16,423 shares of the aerospace company’s stock worth $487,000 after purchasing an additional 507 shares in the last quarter. 67.36% of the stock is currently owned by hedge funds and other institutional investors.

CAE Stock Performance

CAE stock opened at $25.09 on Tuesday. The firm’s fifty day moving average price is $26.04 and its 200-day moving average price is $28.51. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.77 and a current ratio of 0.96. The stock has a market cap of $8.07 billion, a P/E ratio of 35.34, a price-to-earnings-growth ratio of 2.97 and a beta of 1.01. CAE Inc has a fifty-two week low of $22.76 and a fifty-two week high of $34.24.

CAE (NYSE:CAE) (TSE:CAE) last posted its quarterly earnings data on Thursday, May 21st. The aerospace company reported $0.31 earnings per share for the quarter, beating the consensus estimate of $0.30 by $0.01. CAE had a net margin of 6.36% and a return on equity of 7.45%. The firm had revenue of $953.79 million for the quarter, compared to analysts’ expectations of $924.83 million. During the same quarter last year, the company posted $0.47 EPS. The business’s quarterly revenue was up 4.0% on a year-over-year basis. CAE has set its FY 2027 guidance at 0.880-0.930 EPS. On average, equities research analysts expect that CAE Inc will post 0.88 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on CAE. Canaccord Genuity Group began coverage on shares of CAE in a research note on Friday, March 13th. They issued a “buy” rating on the stock. TD Securities reiterated a “buy” rating on shares of CAE in a research note on Tuesday, February 17th. Stifel Nicolaus began 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 lowered 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. Finally, Wall Street Zen upgraded shares of CAE from a “hold” rating to a “buy” rating in a research note on Saturday, May 30th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, CAE has an average rating of “Moderate Buy” and a consensus price target 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.