SG Americas Securities LLC Raises Stock Position in Cameco Corporation $CCJ

SG Americas Securities LLC grew its holdings in Cameco Corporation (NYSE:CCJ) (TSE:CCO) by 839.9% during the 4th quarter, HoldingsChannel.com reports. The firm owned 230,259 shares of the basic materials company’s stock after buying an additional 205,761 shares during the period. SG Americas Securities LLC’s holdings in Cameco were worth $21,066,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. GAMMA Investing LLC increased its position in shares of Cameco by 19.9% during the fourth quarter. GAMMA Investing LLC now owns 676 shares of the basic materials company’s stock valued at $62,000 after purchasing an additional 112 shares during the period. International Assets Investment Management LLC lifted its position in Cameco by 3.1% in the third quarter. International Assets Investment Management LLC now owns 3,938 shares of the basic materials company’s stock worth $330,000 after purchasing an additional 120 shares during the period. Lee Johnson Capital Management LLC lifted its position in Cameco by 1.2% in the third quarter. Lee Johnson Capital Management LLC now owns 10,770 shares of the basic materials company’s stock worth $903,000 after purchasing an additional 127 shares during the period. MassMutual Private Wealth & Trust FSB boosted its stake in Cameco by 9.4% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 1,691 shares of the basic materials company’s stock worth $155,000 after buying an additional 145 shares in the last quarter. Finally, Delos Wealth Advisors LLC increased its holdings in Cameco by 60.0% in the 3rd quarter. Delos Wealth Advisors LLC now owns 400 shares of the basic materials company’s stock valued at $34,000 after buying an additional 150 shares during the period. 70.21% of the stock is currently owned by hedge funds and other institutional investors.

Cameco Trading Down 0.8%

Shares of CCJ stock opened at $103.84 on Friday. The company has a market capitalization of $45.23 billion, a P/E ratio of 107.05 and a beta of 0.98. Cameco Corporation has a 12-month low of $35.00 and a 12-month high of $135.24. The company has a quick ratio of 1.68, a current ratio of 2.47 and a debt-to-equity ratio of 0.14. The firm has a 50-day moving average price of $116.40 and a 200 day moving average price of $99.74.

Cameco (NYSE:CCJ) (TSE:CCO) last announced its earnings results on Friday, February 13th. The basic materials company reported $0.36 EPS for the quarter, topping the consensus estimate of $0.29 by $0.07. The business had revenue of $874.57 million for the quarter, compared to the consensus estimate of $782.13 million. Cameco had a return on equity of 9.35% and a net margin of 17.00%.Cameco’s revenue was up 1.5% compared to the same quarter last year. During the same period in the previous year, the business earned $0.36 EPS. Research analysts forecast that Cameco Corporation will post 1.27 earnings per share for the current fiscal year.

Trending Headlines about Cameco

Here are the key news stories impacting Cameco this week:

• Positive Sentiment: Cameco cited as well-positioned for long-term nuclear expansion — analysts and investor writeups point to tightening uranium supply/demand fundamentals and strong long-term demand from global reactor builds, supporting a bullish structural outlook. Cameco (CCJ) Gains on Long-Term Nuclear Energy Expansion
• Positive Sentiment: Industry and company-level catalysts highlighted (supply deals and reactor technology exposure) that could lift long-term demand for uranium and benefit Cameco as a major producer. Global Demand for This Industrial Stock May Be About to Soar
• Neutral Sentiment: Unusually large call-option activity — traders bought roughly 384,705 call options (a ~1,490% jump over average), which signals speculative bullish positioning but is ambiguous for the stock’s near-term direction. This flow can amplify intraday moves but doesn’t guarantee sustained gains. Traders Purchase Large Volume of Cameco Call Options (NYSE:CCJ)
• Negative Sentiment: TD Securities downgraded Cameco from “strong-buy” to “hold”, reducing a major source of buy-side conviction and likely contributing to selling pressure. Zacks: TD Securities Downgrade
• Negative Sentiment: Shares recently pulled back more steeply than the market (near a ~4% decline on the latest session), reflecting profit-taking/rotation and reaction to the downgrade; that drop is the proximate cause of today’s weaker price action. Cameco (CCJ) Falls More Steeply Than Broader Market

Wall Street Analyst Weigh In

CCJ has been the subject of a number of analyst reports. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $147.00 price objective on shares of Cameco in a report on Thursday, February 5th. Glj Research reissued a “buy” rating and issued a $171.20 target price (up from $100.00) on shares of Cameco in a research note on Wednesday, February 18th. Canadian Imperial Bank of Commerce increased their price target on shares of Cameco to $202.00 in a research report on Monday, March 9th. Raymond James Financial restated an “outperform” rating on shares of Cameco in a research note on Wednesday, January 14th. Finally, Weiss Ratings raised Cameco from a “hold (c)” rating to a “buy (b-)” rating in a report on Monday, February 23rd. Twelve investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, Cameco has a consensus rating of “Moderate Buy” and an average target price of $150.40.

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.