Fiera Capital Corp Acquires 955,324 Shares of CAE Inc $CAE

Fiera Capital Corp lifted its holdings in shares of CAE Inc (NYSE:CAE) (TSE:CAE) by 5,035.7% during the 4th quarter, Holdings Channel.com reports. The firm owned 974,295 shares of the aerospace company’s stock after buying an additional 955,324 shares during the quarter. Fiera Capital Corp’s holdings in CAE were worth $29,610,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Vanguard Group Inc. grew its holdings in shares of CAE by 1.7% during the 4th quarter. Vanguard Group Inc. now owns 13,380,797 shares of the aerospace company’s stock valued at $406,923,000 after purchasing an additional 229,270 shares during the last quarter. Select Equity Group L.P. grew its holdings in shares of CAE by 0.6% during the 2nd quarter. Select Equity Group L.P. now owns 7,909,738 shares of the aerospace company’s stock valued at $231,350,000 after purchasing an additional 45,754 shares during the last quarter. Snyder Capital Management L P grew its holdings 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 purchasing an additional 598,086 shares during the last quarter. Bank of Montreal Can grew its holdings 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 last quarter. Finally, Norges Bank bought a new stake in CAE in the 4th quarter worth $98,377,000. Institutional investors own 67.36% of the company’s stock.

CAE Trading Down 1.6%

NYSE:CAE opened at $25.09 on Tuesday. The company has a 50-day moving average price of $26.04 and a 200-day moving average price of $28.51. CAE Inc has a 12 month low of $22.76 and a 12 month high of $34.24. The company has a current ratio of 0.96, a quick ratio of 0.77 and a debt-to-equity ratio of 0.55. The stock has a market cap of $8.07 billion, a price-to-earnings ratio of 35.34, a P/E/G ratio of 2.97 and a beta of 1.01.

CAE (NYSE:CAE) (TSE:CAE) last posted its earnings results on Thursday, May 21st. The aerospace company reported $0.31 EPS for the quarter, topping 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 during the quarter, compared to analysts’ expectations of $924.83 million. During the same period last year, the company posted $0.47 EPS. The company’s quarterly revenue was up 4.0% compared to the same quarter last year. CAE has set its FY 2027 guidance at 0.880-0.930 EPS. Equities analysts predict that CAE Inc will post 0.88 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on CAE shares. Royal Bank Of Canada cut their price target 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. Weiss Ratings lowered shares of CAE from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, May 29th. National Bank Financial reissued an “outperform” rating on shares of CAE in a report on Friday, May 22nd. Jefferies Financial Group cut their price target on shares of CAE from $31.00 to $27.00 and set a “hold” rating on the stock in a report on Friday, April 17th. Finally, Canaccord Genuity Group started coverage on shares of CAE in a report on Friday, March 13th. They issued a “buy” rating on the stock. One equities research 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 stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price 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.