Mufg Securities Canada LTD. Has $14.89 Million Stake in CAE Inc $CAE

Mufg Securities Canada LTD. trimmed its stake in CAE Inc (NYSE:CAE) (TSE:CAE) by 7.7% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 489,597 shares of the aerospace company’s stock after selling 40,935 shares during the period. Mufg Securities Canada LTD. owned 0.15% of CAE worth $14,892,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in CAE. Transamerica Financial Advisors LLC raised its stake in shares of CAE by 170.7% in the 4th quarter. Transamerica Financial Advisors LLC now owns 1,267 shares of the aerospace company’s stock valued at $39,000 after acquiring an additional 799 shares in the last quarter. Kestra Advisory Services LLC bought a new position in shares of CAE in the 4th quarter valued at approximately $41,000. CIBC Private Wealth Group LLC bought a new position in shares of CAE in the 3rd quarter valued at approximately $42,000. Brown Brothers Harriman & Co. bought a new position in shares of CAE in the 4th quarter valued at approximately $47,000. Finally, Asahi Life Asset Management CO. LTD. bought a new position in shares of CAE in the 4th quarter valued at approximately $225,000. 67.36% of the stock is owned by institutional investors.

CAE Stock Performance

Shares of NYSE CAE opened at $25.32 on Monday. The company has a quick ratio of 0.77, a current ratio of 0.96 and a debt-to-equity ratio of 0.55. The business’s 50 day moving average is $25.99 and its two-hundred day moving average is $28.50. The company has a market cap of $8.14 billion, a P/E ratio of 35.66, a P/E/G ratio of 2.95 and a beta of 1.01. CAE Inc has a 12 month low of $22.76 and a 12 month high of $34.24.

CAE (NYSE:CAE) (TSE:CAE) last issued its quarterly 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. The company had revenue of $953.79 million for the quarter, compared to the consensus estimate of $924.83 million. CAE had a return on equity of 7.45% and a net margin of 6.36%.The company’s revenue for the quarter was up 4.0% on a year-over-year basis. During the same period 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, equities analysts expect that CAE Inc will post 0.88 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the company. TD Securities reissued a “buy” rating on shares of CAE in a research note on Tuesday, February 17th. Wall Street Zen raised CAE from a “hold” rating to a “buy” rating in a research note on Saturday, May 30th. Scotiabank reissued an “outperform” rating on shares of CAE in a research note on Tuesday, February 17th. Weiss Ratings downgraded CAE from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, May 29th. Finally, Zacks Research raised CAE from a “strong sell” rating to a “hold” rating in a research note on Wednesday, May 13th. 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. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $32.00.

CAE 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.