CAE Inc $CAE is Sycale Advisors NY LLC’s Largest Position

Sycale Advisors NY LLC cut its holdings in shares of CAE Inc (NYSE:CAE) (TSE:CAE) by 44.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,240,182 shares of the aerospace company’s stock after selling 1,004,104 shares during the quarter. CAE comprises approximately 11.7% of Sycale Advisors NY LLC’s investment portfolio, making the stock its biggest position. Sycale Advisors NY LLC owned 0.39% of CAE worth $37,726,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Transamerica Financial Advisors LLC grew its holdings in shares of CAE by 170.7% during the 4th quarter. Transamerica Financial Advisors LLC now owns 1,267 shares of the aerospace company’s stock worth $39,000 after purchasing an additional 799 shares during the period. Kestra Advisory Services LLC purchased a new position in shares of CAE during the 4th quarter worth $41,000. CIBC Private Wealth Group LLC purchased a new position in shares of CAE during the 3rd quarter worth $42,000. Brown Brothers Harriman & Co. purchased a new position in shares of CAE during the 4th quarter worth $47,000. Finally, Asahi Life Asset Management CO. LTD. purchased a new position in shares of CAE during the 4th quarter worth $225,000. 67.36% of the stock is currently owned by hedge funds and other institutional investors.

CAE Stock Performance

Shares of CAE opened at $25.32 on Monday. The stock has a 50-day simple moving average of $25.99 and a 200-day simple moving average of $28.50. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.77 and a current ratio of 0.96. The stock has a market capitalization of $8.14 billion, a PE ratio of 35.66, a PEG ratio of 2.95 and a beta of 1.01. CAE Inc has a 1 year low of $22.76 and a 1 year high of $34.24.

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 the consensus estimate of $0.30 by $0.01. The business had revenue of $953.79 million during the quarter, compared to analysts’ expectations of $924.83 million. CAE had a return on equity of 7.45% and a net margin of 6.36%.The business’s quarterly revenue was up 4.0% compared to the same quarter last year. During the same quarter last year, the business posted $0.47 EPS. CAE has set its FY 2027 guidance at 0.880-0.930 EPS. On average, analysts predict that CAE Inc will post 0.88 earnings per share for the current fiscal year.

Analysts Set New Price Targets

CAE has been the subject of a number of research analyst reports. National Bank Financial reiterated an “outperform” rating on shares of CAE in a report on Friday, May 22nd. Zacks Research upgraded CAE from a “strong sell” rating to a “hold” rating in a report on Wednesday, May 13th. Stifel Nicolaus initiated coverage on CAE in a report on Wednesday, March 4th. They set a “buy” rating for the company. TD Securities restated a “buy” rating on shares of CAE in a report on Tuesday, February 17th. Finally, Royal Bank Of Canada lowered their target price on CAE from $42.00 to $36.00 and set a “sector perform” rating for the company in a report on Tuesday, May 26th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently 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.