Dimensional Fund Advisors LP Has $57.27 Million Holdings in CAE Inc $CAE

Key Points

• Dimensional Fund Advisors increased its CAE holdings by 18.5% in the first quarter, adding 343,759 shares to own 2.20 million shares valued at approximately $57.27 million, or 0.68% of the company.
• CAE reported quarterly revenue of $953.79 million, up 4.0% year over year and above analyst expectations, while earnings per share of $0.31 narrowly exceeded estimates.
• Analyst sentiment is mixed: five firms rate CAE a Buy, four a Hold, and one a Sell. The stock has an overall “Hold” rating with an average price target of $31, compared with a recent price of $25.82.

Dimensional Fund Advisors LP grew its holdings in shares of CAE Inc (NYSE:CAE - Free Report) TSE: CAE by 18.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,198,926 shares of the aerospace company's stock after acquiring an additional 343,759 shares during the quarter. Dimensional Fund Advisors LP owned 0.68% of CAE worth $57,273,000 at the end of the most recent quarter.

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

CAE Stock Down 0.0%

Shares of NYSE:CAE opened at $25.82 on Friday. CAE Inc has a 1 year low of $22.76 and a 1 year high of $34.24. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.96 and a quick ratio of 0.77. The business's 50-day moving average is $25.24 and its 200-day moving average is $27.48. The company has a market capitalization of $8.30 billion, a price-to-earnings ratio of 36.37, a P/E/G ratio of 2.85 and a beta of 1.01.

CAE (NYSE:CAE - Get Free Report) TSE: CAE last released its 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. CAE had a return on equity of 7.45% and a net margin of 6.36%.The business had revenue of $953.79 million during the quarter, compared to analysts' expectations of $924.83 million. During the same quarter last year, the firm posted $0.47 earnings per share. The firm's revenue was up 4.0% on a year-over-year basis. CAE has set its FY 2027 guidance at 0.880-0.930 EPS. Equities research analysts predict that CAE Inc will post 0.87 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on CAE. Royal Bank Of Canada cut their price objective on CAE from $42.00 to $36.00 and set a "sector perform" rating on the stock in a report on Tuesday, May 26th. Zacks Research raised CAE from a "strong sell" rating to a "hold" rating in a research note on Wednesday, May 13th. Weiss Ratings downgraded CAE from a "hold (c)" rating to a "hold (c-)" rating in a research note on Thursday, July 23rd. National Bank Financial reiterated an "outperform" rating on shares of CAE in a report on Friday, May 22nd. Finally, Wall Street Zen downgraded shares of CAE from a "buy" rating to a "hold" rating in a research report on Saturday, June 20th. Five investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $31.00.

CAE Company 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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