Quantinno Capital Management LP Has $3.75 Million Position in CAE Inc $CAE

Quantinno Capital Management LP boosted its position in CAE Inc (NYSE:CAE) (TSE:CAE) by 33.8% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 144,071 shares of the aerospace company’s stock after purchasing an additional 36,372 shares during the quarter. Quantinno Capital Management LP’s holdings in CAE were worth $3,753,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in CAE. Transamerica Financial Advisors LLC lifted its holdings in shares of CAE by 170.7% during the fourth quarter. Transamerica Financial Advisors LLC now owns 1,267 shares of the aerospace company’s stock worth $39,000 after buying an additional 799 shares in the last quarter. Kestra Advisory Services LLC bought a new position in CAE during the fourth quarter worth about $41,000. CIBC Private Wealth Group LLC bought a new position in CAE during the third quarter worth about $42,000. Brown Brothers Harriman & Co. acquired a new stake in CAE in the 4th quarter worth about $47,000. Finally, Parallel Advisors LLC boosted its holdings in CAE by 46.6% in the 1st quarter. Parallel Advisors LLC now owns 2,509 shares of the aerospace company’s stock valued at $65,000 after purchasing an additional 797 shares during the period. 67.36% of the stock is owned by institutional investors and hedge funds.

CAE Price Performance

Shares of NYSE:CAE opened at $27.19 on Friday. The firm has a 50 day moving average of $25.46 and a 200-day moving average of $27.26. 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 capitalization of $8.74 billion, a PE ratio of 38.30, a PEG ratio of 2.85 and a beta of 1.01.

CAE (NYSE:CAE) (TSE:CAE) last announced its quarterly earnings data on Thursday, May 21st. The aerospace company reported $0.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.30 by $0.01. CAE had a net margin of 6.36% and a return on equity of 7.45%. The business had revenue of $953.79 million for the quarter, compared to analysts’ expectations of $924.83 million. During the same period last year, the firm posted $0.47 earnings per share. The firm’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. On average, equities research analysts predict that CAE Inc will post 0.87 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

CAE has been the topic of a number of analyst reports. Wall Street Zen lowered shares of CAE from a “buy” rating to a “hold” rating in a research report on Saturday, June 20th. Morgan Stanley cut CAE from an “equal weight” rating to an “underweight” rating in a research note on Wednesday, July 15th. National Bank Financial restated an “outperform” rating on shares of CAE in a research note on Friday, May 22nd. Zacks Research raised CAE from a “strong sell” rating to a “hold” rating in a report on Wednesday, May 13th. Finally, Royal Bank Of Canada cut their target price on CAE from $42.00 to $36.00 and set a “sector perform” rating for the company in a research report on Tuesday, May 26th. Five 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. Based on data from MarketBeat, CAE has an average rating of “Hold” and a consensus target price of $31.00.

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.