PVG Asset Management Corp Grows Holdings in Cameco Corporation $CCJ

PVG Asset Management Corp increased its holdings in Cameco Corporation (NYSE:CCJ) (TSE:CCO) by 404.8% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,818 shares of the basic materials company’s stock after acquiring an additional 9,477 shares during the quarter. PVG Asset Management Corp’s holdings in Cameco were worth $1,265,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. Nisa Investment Advisors LLC bought a new stake in Cameco during the fourth quarter worth about $25,000. Mcguire Capital Advisors Inc. bought a new position in shares of Cameco during the fourth quarter valued at approximately $28,000. Caitong International Asset Management Co. Ltd increased its stake in shares of Cameco by 30,700.0% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 308 shares of the basic materials company’s stock valued at $28,000 after purchasing an additional 307 shares in the last quarter. Sterling Capital Management LLC purchased a new position in shares of Cameco during the first quarter valued at approximately $30,000. Finally, Sunbelt Securities Inc. lifted its holdings in shares of Cameco by 928.6% during the third quarter. Sunbelt Securities Inc. now owns 360 shares of the basic materials company’s stock valued at $30,000 after purchasing an additional 325 shares during the last quarter. 70.21% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Cameco

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.

Analyst Ratings Changes

CCJ has been the topic of several recent research reports. Scotiabank restated an “outperform” rating and issued a $175.00 price target on shares of Cameco in a research note on Wednesday, May 6th. William Blair assumed coverage on Cameco in a research note on Monday, April 20th. They set an “outperform” rating for the company. Royal Bank Of Canada boosted their target price on Cameco from $160.00 to $175.00 and gave the stock an “outperform” rating in a report on Monday, June 29th. Barclays cut their target price on Cameco from $108.00 to $104.00 and set an “equal weight” rating on the stock in a research note on Wednesday, July 15th. Finally, Citigroup restated a “positive” rating on shares of Cameco in a report on Wednesday, July 15th. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $146.18.

Cameco Stock Performance

CCJ stock opened at $86.11 on Monday. The stock has a market capitalization of $37.50 billion, a PE ratio of 145.94, a price-to-earnings-growth ratio of 1.36 and a beta of 1.05. Cameco Corporation has a 12-month low of $68.96 and a 12-month high of $135.24. The company has a current ratio of 3.08, a quick ratio of 2.09 and a debt-to-equity ratio of 0.14. The stock’s 50 day simple moving average is $99.45 and its 200 day simple moving average is $109.91.

Cameco (NYSE:CCJ) (TSE:CCO) last issued its earnings results on Friday, July 31st. The basic materials company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.26 by ($0.13). The business 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%. The business’s revenue for the quarter was down 6.8% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.71 earnings per share. As a group, research analysts forecast that Cameco Corporation will post 1.34 earnings per share for the current fiscal year.

Cameco 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.