Brandes Investment Partners 13F: Adds $18M to CAE Stake

Brandes Investment Partners added to its holdings in flight-simulation specialist CAE Inc. (NASDAQ: CAE), according to its latest Form 13F filing with the Securities and Exchange Commission. The value-focused asset manager boosted its stake in the company by 4.728061534288059%, purchasing 716,679 shares during the period. The addition brings the firm's total ownership to 15,874,667 shares, a holding worth approximately $397,819,146.54 at the end of the reporting period.

Brandes Deepens Its Commitment to CAE

The transaction marks a notable addition to the asset manager's portfolio, raising its total position from a previous count of 15,157,988 shares. This purchase shows a steady accumulation of CAE stock. However, because 13F filings are backward-looking documents that reflect holdings at the end of a specific quarter, this data may not represent the investment firm's actual position in real-time today.

Inside the Brandes Value Playbook

Brandes Investment Partners is widely recognized for its disciplined, value-oriented approach to investing, often targeting companies that trade at a discount to their intrinsic value. Looking at the firm's broader portfolio activity helps put the CAE purchase in perspective. Around the same time, Brandes was trimming its exposure in other industrial and manufacturing names. The fund reduced its position in Flex Ltd. by 5.6% and cut its holdings in both Graham Corporation and GHM by 6.1% each. Meanwhile, the firm has been redirecting capital toward other opportunities, including boosting its stake in Globant S.A. by 42.6%, raising its position in Arlo Technologies by 24.6%, and adding to its holdings in Google parent Alphabet Inc.

CAE Stock Performance and Valuation

On Saturday, shares of CAE traded at $25.06. That price point places the stock closer to its 52-week low of $22.76 than its 52-week high of $34.24. The company currently has a price-to-earnings (P/E) ratio of 38.34, though its forward P/E ratio drops to 23.13 based on future earnings expectations. CAE's 50-day moving average stands at $25.19, while its longer-term 200-day moving average is higher at $27.40.

Steady Revenue Growth Shapes Recent Earnings

CAE's latest financial reports show the company is generating healthy business. It posted annual revenue of $4,988,800,000, representing a steady top-line growth rate of 6.8%. The company brought in earnings per share of $0.64, translating to a net margin of 5.751% and a return on equity of 5.635%. Investors who watch the company's financial calendar will want to mark November 10, 2026, when CAE is scheduled to release its next quarterly earnings report.

Wall Street Analysts Lean Bullish on CAE

Several major investment firms have published updated assessments of CAE. On August 17, 2026, RBC Capital upgraded the stock to an Outperform rating and raised its target price from $36.00 to $46.00. Later, on October 9, 2026, Barclays initiated coverage on CAE with an Overweight rating and established a price target of $38.00. More recently, on October 13, 2026, Jefferies maintained its Hold rating on the stock with a $26.00 price target, down from its prior target of $28.00. Overall, the consensus among analysts tracking the stock points to a buy recommendation, with a mean price target of $30.15.

Training and Simulation for Global Aviation

CAE provides advanced training and simulation technologies for both commercial aviation and defense markets. The company manufactures flight simulators and runs training centers globally, helping airlines train pilots and helping defense forces prepare crews for critical operations. This steady demand for pilot training makes it an attractive long-term business model.

What to Watch at CAE Inc.

Brandes' increased interest suggests they see long-term value at these current price levels. Investors should keep an eye on upcoming regulatory filings to see if the value manager continues to buy or begins to trim its position. Of course, because 13F filings are backward-looking and only show holdings as of the end of the reporting period, they do not provide a real-time window into the firm's current trading activity.