Deutsche Bank AG Makes New $14.57 Million Investment in CAE Inc $CAE

Key Points

• Deutsche Bank acquired 581,400 CAE shares during the second quarter, worth approximately $14.57 million and representing about 0.18% of the company. Institutional investors collectively own 67.36% of CAE.
• Analyst sentiment is mixed: five analysts rate CAE a Buy, four recommend Hold, and one rates it Sell. The consensus rating is Hold, with an average price target of $31.
• CAE exceeded quarterly expectations, reporting $0.19 in EPS versus a $0.17 estimate and $826.42 million in revenue, up 6.8% year over year. Shares opened at $24.91, within a 12-month range of $22.76 to $34.24.

Deutsche Bank AG acquired a new position in CAE Inc (NYSE:CAE - Free Report) TSE: CAE during the second quarter, according to its most recent filing with the SEC. The firm acquired 581,400 shares of the aerospace company's stock, valued at approximately $14,570,000. Deutsche Bank AG owned about 0.18% of CAE as of its most recent filing with the SEC.

Other hedge funds have also recently made changes to their positions in the company. State of Wyoming lifted its stake in CAE by 2.8% in the fourth quarter. State of Wyoming now owns 13,007 shares of the aerospace company's stock worth $396,000 after acquiring an additional 352 shares during the period. Sanctuary Advisors LLC increased its position in CAE by 3.0% during the 4th quarter. Sanctuary Advisors LLC now owns 12,596 shares of the aerospace company's stock valued at $383,000 after purchasing an additional 371 shares during the period. Sequoia Financial Advisors LLC increased its position in CAE by 0.8% during the 1st quarter. Sequoia Financial Advisors LLC now owns 50,271 shares of the aerospace company's stock valued at $1,310,000 after purchasing an additional 399 shares during the period. United Services Automobile Association raised its holdings in CAE by 4.5% in the 1st quarter. United Services Automobile Association now owns 10,822 shares of the aerospace company's stock worth $265,000 after purchasing an additional 462 shares in the last quarter. Finally, Creative Planning raised its holdings in CAE by 3.2% in the 3rd quarter. Creative Planning now owns 16,423 shares of the aerospace company's stock worth $487,000 after purchasing an additional 507 shares in the last quarter. 67.36% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

CAE has been the subject of several research analyst reports. Royal Bank Of Canada dropped their target price on shares of CAE from $42.00 to $36.00 and set a "sector perform" rating for the company in a research report on Tuesday, May 26th. Morgan Stanley downgraded shares of CAE from an "equal weight" rating to an "underweight" rating in a research note 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. Wall Street Zen cut CAE from a "buy" rating to a "hold" rating in a research report on Saturday, June 20th. Finally, National Bank Financial reiterated an "outperform" rating on shares of CAE in a report on Friday, May 22nd. Five investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, CAE presently has a consensus rating of "Hold" and a consensus target price of $31.00.

CAE Stock Performance

Shares of CAE stock opened at $24.91 on Friday. The company's fifty day moving average price is $25.65 and its 200-day moving average price is $26.78. The stock has a market cap of $8.01 billion, a PE ratio of 35.09, a price-to-earnings-growth ratio of 2.85 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 12 month low of $22.76 and a 12 month high of $34.24.

CAE (NYSE:CAE - Get Free Report) TSE: CAE last issued its quarterly earnings results on Wednesday, August 12th. The aerospace company reported $0.19 earnings per share (EPS) for the quarter, topping 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 company had revenue of $826.42 million during the quarter, compared to analyst estimates of $796.86 million. During the same period last year, the business earned $0.21 EPS. CAE's quarterly revenue was up 6.8% compared to the same quarter last year. CAE has set its FY 2027 guidance at 0.870-0.920 EPS. On average, equities analysts expect that CAE Inc will post 0.87 EPS for the current fiscal year.

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.

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