CAE Inc $CAE Shares Acquired by TD Asset Management Inc

TD Asset Management Inc increased its position in CAE Inc (NYSE:CAE) (TSE:CAE) by 82.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,704,860 shares of the aerospace company’s stock after buying an additional 1,222,581 shares during the quarter. TD Asset Management Inc owned about 0.84% of CAE worth $82,364,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Sanctuary Advisors LLC lifted its holdings in shares of CAE by 3.0% in the fourth quarter. Sanctuary Advisors LLC now owns 12,596 shares of the aerospace company’s stock valued at $383,000 after buying an additional 371 shares during the period. United Services Automobile Association lifted its holdings in shares of CAE by 4.5% in the first quarter. United Services Automobile Association now owns 10,822 shares of the aerospace company’s stock valued at $265,000 after buying an additional 462 shares during the period. Lansforsakringar Fondforvaltning AB publ lifted its holdings in shares of CAE by 0.8% in the third quarter. Lansforsakringar Fondforvaltning AB publ now owns 59,684 shares of the aerospace company’s stock valued at $1,768,000 after buying an additional 489 shares during the period. Creative Planning lifted its holdings in shares of CAE by 3.2% in the third quarter. Creative Planning now owns 16,423 shares of the aerospace company’s stock valued at $487,000 after buying an additional 507 shares during the period. Finally, Public Sector Pension Investment Board lifted its holdings in shares of CAE by 2.0% during the second quarter. Public Sector Pension Investment Board now owns 31,038 shares of the aerospace company’s stock valued at $908,000 after purchasing an additional 600 shares during the last quarter. Institutional investors and hedge funds own 67.36% of the company’s stock.

CAE Stock Up 0.2%

Shares of CAE stock opened at $25.50 on Friday. The stock has a 50-day moving average price of $26.06 and a 200 day moving average price of $28.50. The company has a market cap 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 has a current ratio of 0.96, a quick ratio of 0.77 and a debt-to-equity ratio of 0.55. CAE Inc has a 1 year low of $22.76 and a 1 year high of $34.24.

CAE (NYSE:CAE) (TSE:CAE) last issued its earnings results on Thursday, May 21st. The aerospace company reported $0.31 earnings per share for the quarter, topping the consensus estimate of $0.30 by $0.01. CAE had a return on equity of 7.45% and a net margin of 6.36%.The company had revenue of $953.79 million for the quarter, compared to analyst estimates of $924.83 million. During the same period in the prior year, the firm posted $0.47 EPS. The business’s 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. As a group, analysts expect that CAE Inc will post 0.88 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

CAE has been the subject of several analyst reports. National Bank Financial reaffirmed an “outperform” rating on shares of CAE in a report on Friday, May 22nd. Jefferies Financial Group reduced their target price on CAE from $31.00 to $27.00 and set a “hold” rating for the company in a report on Friday, April 17th. Stifel Nicolaus initiated coverage on CAE in a report on Wednesday, March 4th. They set a “buy” rating for the company. Zacks Research raised CAE from a “strong sell” rating to a “hold” rating in a report on Wednesday, May 13th. Finally, TD Securities reaffirmed a “buy” rating on shares of CAE in a report on Tuesday, February 17th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the company currently 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.