Geode Capital Management LLC Grows Stock Holdings in CAE Inc $CAE

Geode Capital Management LLC boosted its position in CAE Inc (NYSE:CAE) (TSE:CAE) by 6.5% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 2,777,070 shares of the aerospace company’s stock after acquiring an additional 168,276 shares during the period. Geode Capital Management LLC owned about 0.86% of CAE worth $84,082,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of CAE. Goldman Sachs Group Inc. grew its stake in CAE by 142.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,709,480 shares of the aerospace company’s stock worth $42,036,000 after acquiring an additional 1,004,820 shares during the period. Bank of Montreal Can grew its stake in CAE by 17.9% in the 3rd quarter. Bank of Montreal Can now owns 4,347,481 shares of the aerospace company’s stock worth $128,706,000 after acquiring an additional 658,837 shares during the period. Snyder Capital Management L P grew its stake in shares of CAE by 12.4% during the 3rd quarter. Snyder Capital Management L P now owns 5,411,103 shares of the aerospace company’s stock valued at $160,385,000 after buying an additional 598,086 shares during the period. Legal & General Group Plc grew its stake in shares of CAE by 45.3% during the 3rd quarter. Legal & General Group Plc now owns 1,879,073 shares of the aerospace company’s stock valued at $55,654,000 after buying an additional 585,465 shares during the period. Finally, Vanguard Group Inc. grew its stake in shares of CAE by 4.1% during the 3rd quarter. Vanguard Group Inc. now owns 13,151,527 shares of the aerospace company’s stock valued at $389,430,000 after buying an additional 518,030 shares during the period. 67.36% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts have recently issued reports on CAE shares. National Bank Financial reissued an “outperform” rating on shares of CAE in a research note on Friday, May 22nd. Scotiabank reissued an “outperform” rating on shares of CAE in a research note on Tuesday, February 17th. Wall Street Zen raised shares of CAE from a “hold” rating to a “buy” rating in a research note on Saturday, May 30th. Stifel Nicolaus started coverage on shares of CAE in a research note on Wednesday, March 4th. They set a “buy” rating for the company. Finally, Royal Bank Of Canada lowered their price objective on shares of CAE from $42.00 to $36.00 and set a “sector perform” rating for the company in a research note on Tuesday, May 26th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, CAE has an average rating of “Moderate Buy” and a consensus target price of $32.00.

CAE Stock Performance

Shares of CAE stock opened at $25.50 on Monday. CAE Inc has a 12 month low of $22.76 and a 12 month high of $34.24. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.96 and a quick ratio of 0.77. The firm has a market capitalization of $8.20 billion, a P/E ratio of 35.92, a P/E/G ratio of 2.97 and a beta of 1.01. The company’s fifty day moving average price is $26.06 and its two-hundred day moving average price is $28.52.

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

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.