Cidel Asset Management Inc. Reduces Stock Position in Cameco Corporation $CCJ

Posted by on Sep 9th, 2026

Cidel Asset Management Inc. lowered its stake in shares of Cameco Corporation (NYSE:CCJ – Free Report) (TSE:CCO) by 6.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 70,000 shares of the basic materials company’s stock after selling 5,000 shares during the period. Cidel Asset Management Inc.’s holdings in Cameco were worth $7,132,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of CCJ. Mcguire Capital Advisors Inc. bought a new position in Cameco in the 4th quarter valued at $28,000. Caitong International Asset Management Co. Ltd grew its position in Cameco by 30,700.0% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 308 shares of the basic materials company’s stock worth $28,000 after acquiring an additional 307 shares in the last quarter. Sterling Capital Management LLC bought a new position in Cameco in the first quarter valued at $30,000. Sunbelt Securities Inc. increased its stake in Cameco by 928.6% in the third quarter. Sunbelt Securities Inc. now owns 360 shares of the basic materials company’s stock valued at $30,000 after acquiring an additional 325 shares during the last quarter. Finally, Brown Lisle Cummings Inc. raised its position in Cameco by 3,200.0% during the first quarter. Brown Lisle Cummings Inc. now owns 297 shares of the basic materials company’s stock valued at $32,000 after purchasing an additional 288 shares in the last quarter. 70.21% of the stock is currently owned by institutional investors.

Cameco Stock Performance

NYSE CCJ opened at $102.05 on Wednesday. The company has a 50-day simple moving average of $95.20 and a two-hundred day simple moving average of $106.18. The company has a quick ratio of 2.10, a current ratio of 3.06 and a debt-to-equity ratio of 0.14. Cameco Corporation has a 12-month low of $77.01 and a 12-month high of $135.24. The firm has a market cap of $44.45 billion, a price-to-earnings ratio of 172.97, a PEG ratio of 1.72 and a beta of 1.06.

Cameco (NYSE:CCJ – Get Free Report) (TSE:CCO) last released its quarterly earnings data 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 company had revenue of $573.06 million during the quarter, compared to analysts’ expectations of $579.60 million. Cameco had a return on equity of 7.59% and a net margin of 10.20%.The firm’s quarterly revenue was down 6.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.71 EPS. On average, equities analysts forecast that Cameco Corporation will post 1.27 EPS for the current year.

Analyst Ratings Changes

CCJ has been the subject of several research analyst reports. Barclays dropped their price target on Cameco from $104.00 to $97.00 and set an “equal weight” rating for the company in a research note on Tuesday, August 4th. Weiss Ratings lowered Cameco from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, August 12th. Wall Street Zen raised Cameco from a “sell” rating to a “hold” rating in a report on Saturday. Truist Financial boosted their target price on Cameco from $129.00 to $130.00 and gave the stock a “buy” rating in a research report on Wednesday, August 12th. Finally, Citigroup reaffirmed a “positive” rating on shares of Cameco in a research note on Wednesday, July 15th. Thirteen analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $148.68.

Read Our Latest Stock Report on Cameco

Cameco Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Cameco (NYSE:CCJ)

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