B. Riley Wealth Advisors Inc. Acquires New Holdings in Cameco Corporation $CCJ

B. Riley Wealth Advisors Inc. bought a new position in Cameco Corporation (NYSE:CCJ) (TSE:CCO) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 7,808 shares of the basic materials company’s stock, valued at approximately $655,000.

Several other large investors have also recently bought and sold shares of CCJ. Norges Bank purchased a new stake in shares of Cameco in the second quarter worth $341,736,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main increased its stake in Cameco by 41.4% in 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 worth $524,988,000 after acquiring an additional 2,071,373 shares during the last quarter. Acadian Asset Management LLC raised its holdings in shares of Cameco by 1,428.6% in the 2nd quarter. Acadian Asset Management LLC now owns 978,300 shares of the basic materials company’s stock valued at $72,505,000 after acquiring an additional 914,300 shares in the last quarter. Encompass Capital Advisors LLC bought a new stake in shares of Cameco during the 2nd quarter valued at about $66,781,000. Finally, Fullerton Fund Management Co Ltd. grew its holdings in shares of Cameco by 3,586.0% during the second quarter. Fullerton Fund Management Co Ltd. now owns 762,380 shares of the basic materials company’s stock worth $56,591,000 after purchasing an additional 741,697 shares in the last quarter. 70.21% of the stock is owned by institutional investors.

Cameco Price Performance

CCJ opened at $133.95 on Thursday. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.99 and a quick ratio of 1.85. The stock’s 50 day simple moving average is $98.86 and its 200 day simple moving average is $88.50. The firm has a market cap of $58.33 billion, a price-to-earnings ratio of 155.75 and a beta of 1.01. Cameco Corporation has a 1 year low of $35.00 and a 1 year high of $134.13.

Cameco (NYSE:CCJ) (TSE:CCO) last released its quarterly earnings data on Wednesday, November 5th. The basic materials company reported $0.05 earnings per share for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.17). Cameco had a net margin of 15.24% and a return on equity of 8.58%. The company had revenue of $313.74 million for the quarter, compared to analysts’ expectations of $531.72 million. During the same period last year, the company posted ($0.01) EPS. The business’s revenue for the quarter was down 14.7% compared to the same quarter last year. As a group, analysts predict that Cameco Corporation will post 1.27 earnings per share for the current year.

Cameco Increases Dividend

The company also recently declared an annual dividend, which was paid on Tuesday, December 16th. Shareholders of record on Monday, December 1st were issued a $0.24 dividend. This is a boost 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 19.77%.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. Royal Bank Of Canada lowered their target price on shares of Cameco from $160.00 to $150.00 and set an “outperform” rating on the stock in a research note on Thursday, November 13th. Raymond James Financial restated an “outperform” rating on shares of Cameco in a research report on Wednesday, January 14th. Wall Street Zen lowered shares of Cameco from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. The Goldman Sachs Group increased their target price on Cameco from $95.00 to $109.00 and gave the company a “buy” rating in a research note on Wednesday, October 29th. Finally, Scotiabank reiterated an “outperform” rating on shares of Cameco in a report on Wednesday, October 29th. Two analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $121.68.

Cameco News Summary

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

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.