Rathbones Group PLC Buys 29,748 Shares of Cameco Corporation $CCJ

Rathbones Group PLC boosted its stake in Cameco Corporation (NYSE:CCJ) (TSE:CCO) by 5.3% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 589,998 shares of the basic materials company’s stock after buying an additional 29,748 shares during the period. Rathbones Group PLC’s holdings in Cameco were worth $63,967,000 at the end of the most recent reporting period.

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

Analysts Set New Price Targets

A number of equities analysts have issued reports on CCJ shares. Truist Financial initiated coverage on Cameco in a report on Monday, July 13th. They issued a “buy” rating and a $129.00 price objective for the company. Barclays reduced their target price on shares of Cameco from $108.00 to $104.00 and set an “equal weight” rating on the stock in a research report on Wednesday, July 15th. Sanford C. Bernstein reiterated an “outperform” rating and issued a $135.00 price target on shares of Cameco in a research note on Monday, June 15th. Royal Bank Of Canada lifted their price target on shares of Cameco from $160.00 to $175.00 and gave the company an “outperform” rating in a research report on Monday, June 29th. Finally, Bank of America dropped their price objective on shares of Cameco from $143.00 to $140.00 and set a “buy” rating on the stock in a research note on Thursday, July 9th. One equities research 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’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $146.18.

Cameco Stock Down 0.3%

Shares of NYSE:CCJ opened at $86.11 on Monday. The stock has a fifty day simple moving average of $99.45 and a two-hundred day simple moving average of $109.91. The stock has a market capitalization of $37.50 billion, a price-to-earnings ratio of 145.94, a PEG 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.

Cameco (NYSE:CCJ) (TSE:CCO) last released 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). Cameco had a return on equity of 7.64% and a net margin of 10.20%.The company had revenue of $573.06 million during the quarter, compared to the consensus estimate of $579.60 million. During the same period last year, the firm posted $0.71 earnings per share. The company’s revenue was down 6.8% compared to the same quarter last year. On average, research analysts anticipate that Cameco Corporation will post 1.34 earnings per share for the current fiscal year.

More 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.

About Cameco

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.