B. Riley Wealth Advisors Inc. Makes New $655,000 Investment in Cameco Corporation $CCJ

B. Riley Wealth Advisors Inc. bought a new stake in shares of Cameco Corporation (NYSE:CCJ) (TSE:CCO) during the 3rd quarter, Holdings Channel reports. The fund bought 7,808 shares of the basic materials company’s stock, valued at approximately $655,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its holdings in Cameco by 2.8% in the second quarter. Vanguard Group Inc. now owns 17,565,529 shares of the basic materials company’s stock valued at $1,304,504,000 after acquiring an additional 481,171 shares in the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main boosted its position in Cameco by 41.4% during the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 7,076,815 shares of the basic materials company’s stock valued at $524,988,000 after acquiring an additional 2,071,373 shares in the last quarter. Norges Bank purchased a new position in shares of Cameco during the 2nd quarter worth approximately $341,736,000. William Blair Investment Management LLC raised its position in shares of Cameco by 15.1% in the 2nd quarter. William Blair Investment Management LLC now owns 3,869,291 shares of the basic materials company’s stock worth $287,217,000 after acquiring an additional 506,667 shares in the last quarter. Finally, Geode Capital Management LLC lifted its stake in shares of Cameco by 20.7% in the 2nd quarter. Geode Capital Management LLC now owns 3,372,878 shares of the basic materials company’s stock valued at $250,797,000 after purchasing an additional 578,393 shares during the period. Hedge funds and other institutional investors own 70.21% of the company’s stock.

Cameco Price Performance

Shares of NYSE CCJ opened at $133.95 on Thursday. The firm has a market cap of $58.33 billion, a P/E ratio of 155.75 and a beta of 1.01. Cameco Corporation has a twelve month low of $35.00 and a twelve month high of $134.13. The company has a quick ratio of 1.85, a current ratio of 2.99 and a debt-to-equity ratio of 0.15. The company has a 50 day moving average of $98.86 and a 200 day moving average of $88.50.

Cameco (NYSE:CCJ) (TSE:CCO) last posted its earnings results on Wednesday, November 5th. The basic materials company reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.17). Cameco had a return on equity of 8.58% and a net margin of 15.24%.The business had revenue of $313.74 million during the quarter, compared to the consensus estimate of $531.72 million. During the same period in the previous year, the business posted ($0.01) EPS. The firm’s revenue for the quarter was down 14.7% on a year-over-year basis. As a group, research analysts expect that Cameco Corporation will post 1.27 EPS for the current fiscal year.

Cameco Increases Dividend

The firm also recently announced an annual dividend, which was paid on Tuesday, December 16th. Shareholders of record on Monday, December 1st were given a $0.24 dividend. This is a positive change from Cameco’s previous annual dividend of $0.12. The ex-dividend date of this dividend was Monday, December 1st. This represents a yield of 27.0%. Cameco’s payout ratio is presently 19.77%.

Key Headlines Impacting Cameco

Here are the key news stories impacting Cameco this week:

• Positive Sentiment: Broker/analyst price target lift — a recent report notes Cameco’s price target was raised by C$15, providing direct upward pressure on the stock as investors re-price upside. Cameco (CCJ) Price Target Raised by C$15
• Positive Sentiment: Analyst comparison favors Cameco vs. smaller rivals — Zacks highlights Cameco’s production scale, stronger earnings growth profile and more attractive valuation versus Energy Fuels, supporting a narrative that CCJ is the better pure-play uranium investment. UUUU vs. CCJ: Which Uranium Miner is the Better Buy Now?
• Positive Sentiment: ETF flow tailwinds for uranium exposure — MarketBeat outlines uranium ETFs that hold CCJ and argues constrained supply / growing demand could lift constituent stocks, supporting higher investor interest and flows into Cameco. Why These 3 Uranium ETFs Could Be 2026’s Most Overlooked Winners (CCJ)
• Neutral Sentiment: UBS rates Cameco a “Hold” — UBS’s hold rating (reported via a press release) reduces the conviction from that house and may cap some upside until more bullish fundamental news arrives. Cameco (CCJ) Receives a Hold from UBS
• Neutral Sentiment: Mixed/educational analyst coverage — Zacks and other outlets are highlighting tools (Earnings ESP) and general earnings momentum themes for energy names; useful background but not an immediate catalyst for CCJ by itself. Looking for Stocks with Positive Earnings Momentum? Check Out These 2 Oils and Energy Names
• Neutral Sentiment: General commentary on growth prospects — wider investor pieces consider whether Cameco’s growth outlook is exciting; these help frame sentiment but are not definitive buy/sell catalysts on their own. Should you be excited about the growth prospects of Cameco Corporation (CCJ)?
• Neutral Sentiment: Macro/sector lists include uranium among potential winners for 2026 — broader lists naming potential winners can increase investor interest but are not company-specific catalysts. Growth Stocks Are So 2021: These Stocks Could Be the Biggest Winners In 2026

Analyst Upgrades and Downgrades

CCJ has been the topic of several recent research reports. Zacks Research raised Cameco from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 14th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Cameco in a research report on Monday, December 29th. UBS Group started coverage on shares of Cameco in a research report on Monday, November 10th. They set a “neutral” rating and a $140.00 price target for the company. National Bankshares restated an “outperform” rating on shares of Cameco in a report on Thursday, November 6th. Finally, The Goldman Sachs Group raised their target price on shares of Cameco from $95.00 to $109.00 and gave the company a “buy” rating in a research note on Wednesday, October 29th. Two research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, Cameco has a consensus rating of “Buy” and an average target price of $121.68.

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.