Jupiter Topco LLC Invests $162.92 Million in CAE Inc $CAE

Key Points

• Jupiter Topco LLC acquired 6.51 million CAE shares worth approximately $162.9 million, giving it a 2.03% stake. Institutional investors and hedge funds collectively own 67.36% of the company.
• CAE reported quarterly EPS of $0.19, beating estimates of $0.17, while revenue rose 6.8% year over year to $826.4 million. The company maintained FY2027 EPS guidance of $0.87–$0.92.
• CAE shares opened at $25.27, below the analyst consensus price target of $31.00. Wall Street’s overall rating is Hold, with five Buy, four Hold, and one Sell rating.

Jupiter Topco LLC purchased a new stake in CAE Inc (NYSE:CAE - Free Report) TSE: CAE in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 6,509,035 shares of the aerospace company's stock, valued at approximately $162,919,000. Jupiter Topco LLC owned about 2.03% of CAE as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the company. State of Wyoming increased its holdings in CAE by 2.8% in 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 boosted 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 valued at $383,000 after purchasing an additional 371 shares in the last quarter. Sequoia Financial Advisors LLC boosted 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 valued at $1,310,000 after purchasing an additional 399 shares in the last quarter. United Services Automobile Association grew 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 purchasing an additional 462 shares during the last quarter. Finally, Creative Planning grew 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 purchasing an additional 507 shares during the last quarter. Institutional investors and hedge funds own 67.36% of the company's stock.

CAE Stock Performance

Shares of CAE stock opened at $25.27 on Thursday. CAE Inc has a 52 week low of $22.76 and a 52 week high of $34.24. The company has a quick ratio of 0.77, a current ratio of 0.96 and a debt-to-equity ratio of 0.55. The company has a market cap of $8.12 billion, a price-to-earnings ratio of 35.59, a price-to-earnings-growth ratio of 2.85 and a beta of 1.01. The firm has a 50 day moving average of $25.62 and a 200-day moving average of $26.62.

CAE (NYSE:CAE - Get Free Report) TSE: CAE last announced its quarterly earnings data on Wednesday, August 12th. The aerospace company reported $0.19 earnings per share for the quarter, beating 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 firm had revenue of $826.42 million for the quarter, compared to analyst estimates of $796.86 million. During the same quarter in the prior year, the business earned $0.21 earnings per share. The business'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 forecast that CAE Inc will post 0.87 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on CAE. Royal Bank Of Canada dropped their price objective on shares of CAE from $42.00 to $36.00 and set a "sector perform" rating for the company in a report on Tuesday, May 26th. National Bank Financial reissued an "outperform" rating on shares of CAE in a report on Friday, May 22nd. Zacks Research upgraded shares of CAE from a "strong sell" rating to a "hold" rating in a research report on Wednesday, May 13th. Morgan Stanley downgraded shares of CAE from an "equal weight" rating to an "underweight" rating in a research note on Wednesday, July 15th. Finally, Weiss Ratings lowered shares of CAE from a "hold (c)" rating to a "hold (c-)" rating in a report on Thursday, July 23rd. Five research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, CAE has an average rating of "Hold" and a consensus target price 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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