Pacer Advisors Inc. Acquires 65,933 Shares of NuScale Power Corporation $SMR

Pacer Advisors Inc. raised its holdings in shares of NuScale Power Corporation (NYSE:SMRFree Report) by 67.1% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 164,247 shares of the company’s stock after purchasing an additional 65,933 shares during the period. Pacer Advisors Inc.’s holdings in NuScale Power were worth $1,780,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Royal Bank of Canada raised its stake in shares of NuScale Power by 623.4% in the first quarter. Royal Bank of Canada now owns 457,276 shares of the company’s stock worth $6,475,000 after purchasing an additional 394,065 shares during the last quarter. AQR Capital Management LLC boosted its position in shares of NuScale Power by 37.4% during the first quarter. AQR Capital Management LLC now owns 37,614 shares of the company’s stock valued at $533,000 after buying an additional 10,244 shares during the last quarter. Integrated Wealth Concepts LLC purchased a new stake in shares of NuScale Power during the first quarter valued at $390,000. Jones Financial Companies Lllp increased its holdings in NuScale Power by 9.1% in the 1st quarter. Jones Financial Companies Lllp now owns 16,793 shares of the company’s stock worth $238,000 after buying an additional 1,394 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in NuScale Power by 1,220.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,845,116 shares of the company’s stock worth $26,127,000 after buying an additional 1,705,411 shares in the last quarter. 78.37% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at NuScale Power

In other news, COO Carl M. Fisher sold 18,771 shares of the stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $9.36, for a total value of $175,696.56. Following the transaction, the chief operating officer owned 114,718 shares in the company, valued at $1,073,760.48. This represents a 14.06% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 1.28% of the stock is owned by company insiders.

Analyst Ratings Changes

Several equities analysts have issued reports on SMR shares. Truist Financial began coverage on shares of NuScale Power in a research note on Monday, July 13th. They set a “hold” rating and a $10.00 target price on the stock. B. Riley Financial reduced their price target on shares of NuScale Power from $24.00 to $19.00 and set a “buy” rating for the company in a research note on Friday, April 24th. Canaccord Genuity Group decreased their price objective on shares of NuScale Power from $25.00 to $15.00 and set a “buy” rating for the company in a report on Thursday. HSBC began coverage on shares of NuScale Power in a research report on Thursday, April 23rd. They set a “hold” rating and a $13.00 price objective on the stock. Finally, Bank of America began coverage on shares of NuScale Power in a report on Friday, May 22nd. They issued a “neutral” rating and a $12.00 target price on the stock. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $14.12.

Read Our Latest Stock Analysis on NuScale Power

NuScale Power Stock Performance

NuScale Power stock opened at $9.81 on Friday. NuScale Power Corporation has a one year low of $7.21 and a one year high of $57.42. The stock has a fifty day moving average of $9.70 and a 200 day moving average of $11.93. The stock has a market cap of $3.59 billion, a PE ratio of -3.36 and a beta of 2.26.

NuScale Power (NYSE:SMRGet Free Report) last announced its earnings results on Wednesday, August 5th. The company reported ($0.13) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.13). The business had revenue of $0.07 million for the quarter, compared to analysts’ expectations of $8.80 million. NuScale Power had a negative return on equity of 46.91% and a negative net margin of 3,888.70%.The business’s revenue for the quarter was down 99.1% on a year-over-year basis. During the same period last year, the firm posted ($0.11) earnings per share. As a group, sell-side analysts predict that NuScale Power Corporation will post -0.45 EPS for the current fiscal year.

NuScale Power News Summary

Here are the key news stories impacting NuScale Power this week:

  • Positive Sentiment: Management emphasized discussions with the Tennessee Valley Authority and near-term deployment readiness. Approved reactor designs, available fuel, qualified suppliers and approximately $1.9 billion in liquidity could help NuScale advance projects despite limited current revenue. SMR Q2 Earnings Call Focuses on TVA and Deployment Readiness
  • Positive Sentiment: NuScale, Curio and Framatome signed a memorandum of understanding to evaluate fuel recycling, manufacturing and other advanced nuclear-fuel-cycle technologies. The agreement may strengthen NuScale’s long-term commercialization prospects and address fuel-supply needs for future reactors. Curio, NuScale Power, and Framatome Sign Strategic MOU
  • Positive Sentiment: Northland Securities maintained its Buy rating, while Canaccord Genuity retained a Buy rating despite reducing its price target from $25 to $15. The continued bullish ratings reflect confidence in future reactor deployments, though the lower target signals a more cautious valuation view. Northland Securities Keeps Buy Rating
  • Neutral Sentiment: Analyst sentiment remains mixed. Several firms are neutral, and the reported consensus rating is Hold with an average target near $14.12. This suggests potential upside, but also substantial uncertainty around execution and timing. Analysts Are Neutral on NuScale Power
  • Neutral Sentiment: COO Carl Fisher sold 18,771 shares worth approximately $176,000 to cover tax withholding on vested equity awards. Because the transaction was tax-related, it may have limited bearish significance, although his direct ownership fell 14.06%. SEC insider transaction filing
  • Negative Sentiment: Second-quarter revenue plunged about 99% year over year to roughly $70,000–$80,000, far below the $8.8 million estimate, as RoPower-related work wound down. The $0.13-per-share loss met expectations, but the revenue miss highlights commercialization-timing risk and continuing operating losses. SMR Q2 Earnings Meet Estimates, Revenues Miss
  • Negative Sentiment: Citigroup lowered its price target from $7.50 to $6.50 and maintained a Sell rating, implying that current fundamentals do not yet justify the stock’s valuation. Citigroup price-target update

About NuScale Power

(Free Report)

NuScale Power Corporation, trading on the NYSE American under the ticker SMR, is a pioneering developer of small modular nuclear reactors. Established in 2007 as a spinout from Oregon State University, the company is headquartered in Portland, Oregon. NuScale’s mission is to deliver zero-carbon baseload power through scalable modular reactor technology, aiming to transform traditional nuclear energy deployment.

At the core of NuScale’s offering is the VOYGR small modular reactor design, featuring 77-megawatt electric (MWe) modules with passive safety systems.

Further Reading

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Institutional Ownership by Quarter for NuScale Power (NYSE:SMR)

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