Private Advisory Group LLC Buys Shares of 10,724 Cameco Corporation $CCJ

Private Advisory Group LLC bought a new stake in Cameco Corporation (NYSE:CCJ) (TSE:CCO) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 10,724 shares of the basic materials company’s stock, valued at approximately $899,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. increased its stake in Cameco by 1.3% in the third quarter. Vanguard Group Inc. now owns 17,801,142 shares of the basic materials company’s stock valued at $1,493,978,000 after acquiring an additional 235,613 shares during the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main increased its stake in shares of Cameco by 41.4% in the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 7,076,815 shares of the basic materials company’s stock valued at $524,988,000 after purchasing an additional 2,071,373 shares during the last quarter. Norges Bank acquired a new position in shares of Cameco during the 2nd quarter worth $341,736,000. Geode Capital Management LLC lifted its position in shares of Cameco by 20.7% during the 2nd quarter. Geode Capital Management LLC now owns 3,372,878 shares of the basic materials company’s stock worth $250,797,000 after buying an additional 578,393 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. grew its position in Cameco by 26.3% in the second quarter. Connor Clark & Lunn Investment Management Ltd. now owns 3,230,360 shares of the basic materials company’s stock valued at $240,269,000 after acquiring an additional 672,605 shares during the last quarter. Institutional investors own 70.21% of the company’s stock.

Wall Street Analysts Forecast Growth

CCJ has been the subject of a number of research reports. Royal Bank Of Canada increased their target price on shares of Cameco from $150.00 to $160.00 and gave the stock an “outperform” rating in a report on Tuesday, February 17th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Cameco in a research report on Monday, December 29th. National Bank Financial reissued an “outperform” rating on shares of Cameco in a research note on Thursday, November 6th. Raymond James Financial restated an “outperform” rating on shares of Cameco in a research report on Wednesday, January 14th. Finally, Glj Research reiterated a “buy” rating and set a $171.20 price target (up from $100.00) on shares of Cameco in a report on Wednesday, February 18th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $143.03.

Trending Headlines about Cameco

Here are the key news stories impacting Cameco this week:

• Positive Sentiment: GLJ Research reiterated a buy rating on Cameco, supporting upside sentiment from some sell‑side firms that expect continued strength in uranium demand. GLJ Research Reiterates Buy for Cameco (NYSE:CCJ)
• Positive Sentiment: MarketBeat highlighted a bullish, longer-term case that global adoption of nuclear power could keep demand for uranium—and Cameco’s revenues—elevated, a thematic driver that has helped CCJ’s recent run. Can Cameco Continue Its Run?
• Neutral Sentiment: Scotiabank trimmed its FY2027 EPS forecast for Cameco slightly (from $1.53 to $1.48) but left an Outperform rating in place—this is a modest earnings haircut rather than a full-scale outlook change, so the impact may be limited unless revisions accelerate. MarketBeat: Cameco / Scotiabank Note
• Negative Sentiment: Zacks Research downgraded Cameco from “strong-buy” to “hold,” which can pressure momentum players and reduce near-term buying conviction. Zacks.com
• Negative Sentiment: There was unusually large put option activity—roughly 28,210 puts (about a 942% increase vs. average)—indicating elevated hedging or speculative bearish positioning that can amplify intraday volatility and signal downside risk if sentiment shifts. Investors Buy High Volume of Cameco Put Options

Cameco Stock Up 1.8%

Shares of CCJ opened at $121.16 on Monday. The stock’s 50-day moving average price is $108.78 and its two-hundred day moving average price is $93.51. The company has a current ratio of 2.47, a quick ratio of 1.68 and a debt-to-equity ratio of 0.14. The company has a market capitalization of $52.77 billion, a PE ratio of 124.91 and a beta of 0.99. Cameco Corporation has a 12 month low of $35.00 and a 12 month high of $135.24.

Cameco (NYSE:CCJ) (TSE:CCO) last issued its quarterly earnings results on Friday, February 13th. The basic materials company reported $0.36 EPS for the quarter, beating analysts’ consensus estimates of $0.29 by $0.07. The business had revenue of $874.57 million for the quarter, compared to analysts’ expectations of $782.13 million. Cameco had a net margin of 17.00% and a return on equity of 9.35%. The business’s quarterly revenue was up 1.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.36 earnings per share. On average, analysts anticipate that Cameco Corporation will post 1.27 EPS for the current year.

Cameco Company Profile

Cameco Corporation (NYSE: CCJ) is a leading producer of uranium and a supplier to the global nuclear power industry. Headquartered in Saskatoon, Saskatchewan, Canada, the company is engaged in the exploration, mining, milling and sale of uranium concentrate, commonly known as yellowcake, which is used as fuel for nuclear reactors. Cameco also participates in services and activities that support the front end of the nuclear fuel cycle, including processing and marketing of uranium to utilities under long‑term and spot contracts.

The company’s operations have historically centered in Canada and the United States, where it operates and develops uranium mining and processing properties.