Cameco Corporation $CCJ Shares Acquired by Kestra Advisory Services LLC

Kestra Advisory Services LLC lifted its stake in shares of Cameco Corporation (NYSE:CCJ) (TSE:CCO) by 15.8% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 198,107 shares of the basic materials company’s stock after purchasing an additional 27,013 shares during the period. Kestra Advisory Services LLC’s holdings in Cameco were worth $17,170,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the stock. Chicago Partners Investment Group LLC acquired a new stake in shares of Cameco during the third quarter valued at approximately $849,000. Greenfield Seitz Capital Management LLC purchased a new stake in Cameco in the 3rd quarter worth about $439,000. Signature Equity Partners LLC grew its stake in Cameco by 55.8% during the 3rd quarter. Signature Equity Partners LLC now owns 444 shares of the basic materials company’s stock valued at $38,000 after acquiring an additional 159 shares in the last quarter. Bank Julius Baer & Co. Ltd Zurich lifted its position in Cameco by 1.8% in the 3rd quarter. Bank Julius Baer & Co. Ltd Zurich now owns 108,698 shares of the basic materials company’s stock worth $9,446,000 after buying an additional 1,925 shares in the last quarter. Finally, Hennessy Advisors Inc. purchased a new stake in Cameco in the 3rd quarter worth approximately $217,000. Hedge funds and other institutional investors own 70.21% of the company’s stock.

Cameco News Roundup

Here are the key news stories impacting Cameco this week:

• Positive Sentiment: Investors bought 152,544 call options on Friday—nearly five times the average daily volume. This suggests increased bullish positioning, though options activity does not guarantee a stock move.
• Positive Sentiment: Zacks Research upgraded Cameco from “strong sell” to “hold,” a modest improvement in analyst sentiment.
• Neutral Sentiment: Management highlighted disciplined uranium pricing, tight nuclear-fuel supplies and Westinghouse growth opportunities on its Q3 earnings call, but also acknowledged higher costs and weaker quarterly earnings. Cameco Q3 Earnings Call Highlights Uranium Pricing Discipline
• Negative Sentiment: Scotiabank cut its FY2026 EPS forecast to $0.64 from $0.85 and FY2027 to $1.29 from $1.44, adding pressure to the earnings outlook.
• Negative Sentiment: Cameco renewed its at-the-market equity program, which gives it the option to sell shares and raise capital but could dilute existing shareholders if used. Cameco Reports Document Filing
• Negative Sentiment: A recent earnings analysis points to a gap between an approximately $89 market uranium price and Cameco’s roughly $66 selling price, a factor that may delay the benefit of stronger spot prices flowing through to results. Cameco Earnings Analysis

Cameco Stock Performance

CCJ opened at $71.34 on Monday. The company has a quick ratio of 1.62, a current ratio of 2.55 and a debt-to-equity ratio of 0.14. The stock’s 50 day moving average price is $87.26 and its two-hundred day moving average price is $103.15. The firm has a market capitalization of $31.07 billion, a P/E ratio of 108.09, a price-to-earnings-growth ratio of 1.63 and a beta of 1.18. Cameco Corporation has a 12-month low of $66.06 and a 12-month high of $135.24.

Cameco Announces Dividend

The business also recently disclosed an annual dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Monday, November 30th will be paid a C$0.24 dividend. The ex-dividend date is Monday, November 30th. This represents a dividend yield of 22.0%. Cameco’s dividend payout ratio (DPR) is presently 25.76%.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on CCJ. Weiss Ratings upgraded Cameco from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, October 8th. Barclays cut their price objective on shares of Cameco from $95.00 to $89.00 and set an “equal weight” rating on the stock in a research report on Monday, November 2nd. Zacks Research raised shares of Cameco from a “strong sell” rating to a “hold” rating in a research note on Tuesday, November 3rd. Jefferies Financial Group began coverage on shares of Cameco in a research report on Thursday, September 3rd. They set a “buy” rating and a $138.00 target price on the stock. Finally, Truist Financial lowered their price objective on Cameco from $130.00 to $125.00 and set a “buy” rating on the stock in a report on Thursday, October 22nd. Eleven equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $147.38.

Cameco Profile