446,527 Shares in CAE Inc $CAE Acquired by Sycale Advisors NY LLC

Sycale Advisors NY LLC purchased a new position in CAE Inc (NYSE:CAE) (TSE:CAE) during the 2nd quarter, HoldingsChannel.com reports. The firm purchased 446,527 shares of the aerospace company’s stock, valued at approximately $11,190,000. CAE makes up about 3.4% of Sycale Advisors NY LLC’s holdings, making the stock its 8th biggest holding.

Several other institutional investors also recently modified their holdings of CAE. Norges Bank bought a new stake in shares of CAE during the 4th quarter worth $98,377,000. FIL Ltd raised its position in shares of CAE by 21.9% during the fourth quarter. FIL Ltd now owns 10,422,522 shares of the aerospace company’s stock worth $316,955,000 after purchasing an additional 1,874,739 shares during the period. TD Asset Management Inc lifted its holdings in shares of CAE by 82.5% during the fourth quarter. TD Asset Management Inc now owns 2,704,860 shares of the aerospace company’s stock valued at $82,364,000 after purchasing an additional 1,222,581 shares during the last quarter. Morgan Stanley lifted its holdings in shares of CAE by 114.0% during the fourth quarter. Morgan Stanley now owns 2,059,644 shares of the aerospace company’s stock valued at $62,654,000 after purchasing an additional 1,097,193 shares during the last quarter. Finally, Goldman Sachs Group Inc. boosted its position in shares of CAE by 142.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,709,480 shares of the aerospace company’s stock valued at $42,036,000 after purchasing an additional 1,004,820 shares during the period. Institutional investors own 67.36% of the company’s stock.

CAE Stock Down 3.8%

CAE stock opened at $24.99 on Friday. The company has a 50 day moving average of $25.66 and a two-hundred day moving average of $26.79. The company has a market cap of $8.03 billion, a price-to-earnings ratio of 35.20, a PEG ratio of 2.85 and a beta of 1.01. CAE Inc has a 12-month low of $22.76 and a 12-month high of $34.24. 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 posted its quarterly earnings results on Wednesday, August 12th. The aerospace company reported $0.19 EPS for the quarter, beating the consensus estimate of $0.17 by $0.02. CAE had a net margin of 6.36% and a return on equity of 7.45%. The business had revenue of $826.42 million for the quarter, compared to analysts’ expectations of $796.86 million. During the same period in the previous year, the company posted $0.21 EPS. CAE’s revenue was up 6.8% on a year-over-year basis. CAE has set its FY 2027 guidance at 0.870-0.920 EPS. On average, equities analysts anticipate that CAE Inc will post 0.87 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the company. Royal Bank Of Canada dropped their price target on CAE from $42.00 to $36.00 and set a “sector perform” rating on the stock in a research note on Tuesday, May 26th. Morgan Stanley downgraded shares of CAE from an “equal weight” rating to an “underweight” rating in a research report on Wednesday, July 15th. Weiss Ratings lowered shares of CAE from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, July 23rd. Jefferies Financial Group restated a “hold” rating on shares of CAE in a research report on Thursday, August 13th. 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 research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $31.00.

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.