PVG Asset Management Corp Increases Stock Position in Cameco Corporation $CCJ

PVG Asset Management Corp lifted its stake in Cameco Corporation (NYSE:CCJ) (TSE:CCO) by 404.8% in the first quarter, HoldingsChannel.com reports. The fund owned 11,818 shares of the basic materials company’s stock after purchasing an additional 9,477 shares during the period. PVG Asset Management Corp’s holdings in Cameco were worth $1,265,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Clearstead Advisors LLC lifted its position in Cameco by 0.8% during the fourth quarter. Clearstead Advisors LLC now owns 10,158 shares of the basic materials company’s stock valued at $929,000 after purchasing an additional 85 shares during the period. Legacy Bridge LLC raised its stake in Cameco by 0.9% during the 4th quarter. Legacy Bridge LLC now owns 11,508 shares of the basic materials company’s stock valued at $1,053,000 after buying an additional 100 shares during the last quarter. HB Wealth Management LLC raised its stake in Cameco by 3.1% during the 1st quarter. HB Wealth Management LLC now owns 3,560 shares of the basic materials company’s stock valued at $387,000 after buying an additional 107 shares during the last quarter. Groupama Asset Managment raised its stake in Cameco by 5.9% during the 4th quarter. Groupama Asset Managment now owns 1,928 shares of the basic materials company’s stock valued at $176,000 after buying an additional 108 shares during the last quarter. Finally, S.A. Mason LLC lifted its holdings in shares of Cameco by 4.8% during the 4th quarter. S.A. Mason LLC now owns 2,436 shares of the basic materials company’s stock valued at $223,000 after buying an additional 111 shares during the period. 70.21% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

CCJ has been the topic of a number of research reports. William Blair started coverage on Cameco in a research note on Monday, April 20th. They issued an “outperform” rating on the stock. Weiss Ratings downgraded Cameco from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday, June 4th. Barclays dropped their target price on Cameco from $108.00 to $104.00 and set an “equal weight” rating on the stock in a research report on Wednesday, July 15th. Citigroup restated a “positive” rating on shares of Cameco in a research note on Wednesday, July 15th. Finally, Truist Financial initiated coverage on shares of Cameco in a research report on Monday, July 13th. They set a “buy” rating and a $129.00 price target for the company. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $146.18.

Cameco Price Performance

NYSE CCJ opened at $86.11 on Monday. Cameco Corporation has a 12 month low of $68.96 and a 12 month high of $135.24. The stock has a market cap of $37.50 billion, a price-to-earnings ratio of 145.94, a PEG ratio of 1.36 and a beta of 1.05. The company’s 50 day moving average is $99.45 and its two-hundred day moving average is $109.91. The company has a current ratio of 3.08, a quick ratio of 2.09 and a debt-to-equity ratio of 0.14.

Cameco (NYSE:CCJ) (TSE:CCO) last issued its quarterly earnings results on Friday, July 31st. The basic materials company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.26 by ($0.13). The firm had revenue of $573.06 million for the quarter, compared to analysts’ expectations of $579.60 million. Cameco had a net margin of 10.20% and a return on equity of 7.64%. Cameco’s revenue for the quarter was down 6.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.71 EPS. As a group, research analysts anticipate that Cameco Corporation will post 1.34 earnings per share for the current year.

Key Cameco News

Here are the key news stories impacting Cameco this week:

• Positive Sentiment: Westinghouse IPO could unlock value: Westinghouse, the nuclear-services venture backed by Cameco and Brookfield, confidentially submitted a draft registration statement for a proposed initial public offering. The transaction could highlight the value of Cameco’s nuclear-fuel-cycle investments and potentially provide capital for growth. Cameco Announces Westinghouse IPO Filing
• Positive Sentiment: Long-term nuclear outlook remains favorable: Cameco said its production outlook is unchanged and cited growing government and utility support for nuclear power as a factor supporting stronger uranium prices over time. Its positioning across uranium mining, fuel processing and Westinghouse gives the company exposure to multiple parts of the nuclear-energy supply chain. Cameco Second-Quarter Results
• Neutral Sentiment: Revenue guidance broadly aligns with estimates: Cameco issued 2026 revenue guidance of approximately $2.4 billion to $2.6 billion, compared with consensus near $2.4 billion. The range offers some upside potential but did not provide a clear positive earnings catalyst.
• Negative Sentiment: Second-quarter earnings missed forecasts: Cameco reported quarterly EPS below the analyst consensus—approximately $0.13 to $0.18 per share, depending on the reporting measure, versus estimates around $0.25 to $0.26. Earnings were also sharply below the prior-year period, while revenue declined 6.8% year over year. Cameco Earnings Report
• Negative Sentiment: Bearish options activity increased: Traders purchased 26,363 put options, about 28% above the average volume. This points to heightened demand for downside protection or bearish speculation, adding pressure to sentiment, though it is not conclusive evidence of future performance.

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.