Hillsdale Investment Management Inc. Boosts Holdings in Cameco Corporation $CCJ

Hillsdale Investment Management Inc. raised its position in Cameco Corporation (NYSE:CCJ) (TSE:CCO) by 42.5% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 241,383 shares of the basic materials company’s stock after buying an additional 71,935 shares during the quarter. Hillsdale Investment Management Inc. owned about 0.06% of Cameco worth $20,253,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Financial Consulate Inc. purchased a new stake in shares of Cameco in the third quarter valued at about $25,000. Armstrong Advisory Group Inc. lifted its position in Cameco by 110.3% in the third quarter. Armstrong Advisory Group Inc. now owns 347 shares of the basic materials company’s stock valued at $29,000 after purchasing an additional 182 shares during the period. VSM Wealth Advisory LLC acquired a new stake in Cameco in the second quarter valued at about $35,000. Creative Financial Designs Inc. ADV boosted its holdings in Cameco by 936.2% in the 2nd quarter. Creative Financial Designs Inc. ADV now owns 487 shares of the basic materials company’s stock valued at $36,000 after purchasing an additional 440 shares in the last quarter. Finally, Cullen Frost Bankers Inc. acquired a new position in Cameco during the 3rd quarter worth approximately $37,000. Institutional investors and hedge funds own 70.21% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently commented on CCJ shares. Weiss Ratings reissued a “hold (c-)” rating on shares of Cameco in a report on Monday, December 29th. Scotiabank reiterated an “outperform” rating on shares of Cameco in a research report on Wednesday, October 29th. Glj Research reissued a “buy” rating and issued a $171.20 target price (up previously from $100.00) on shares of Cameco in a report on Wednesday. National Bank Financial reaffirmed an “outperform” rating on shares of Cameco in a research note on Thursday, November 6th. Finally, Royal Bank Of Canada increased their price target on shares of Cameco from $150.00 to $160.00 and gave the company an “outperform” rating in a report on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $143.03.

Cameco Stock Up 1.8%

CCJ opened at $121.16 on Friday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.85 and a current ratio of 2.47. The company has a market cap of $52.77 billion, a price-to-earnings ratio of 124.91 and a beta of 0.99. Cameco Corporation has a one year low of $35.00 and a one year high of $135.24. The business’s fifty day moving average is $108.78 and its two-hundred day moving average is $93.26.

Cameco (NYSE:CCJ) (TSE:CCO) last released its quarterly earnings results on Friday, February 13th. The basic materials company reported $0.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.29 by $0.07. Cameco had a return on equity of 9.35% and a net margin of 17.00%.The business had revenue of $874.57 million during the quarter, compared to the consensus estimate of $782.13 million. During the same quarter in the previous year, the company posted $0.36 EPS. The business’s revenue was up 1.5% on a year-over-year basis. Analysts anticipate that Cameco Corporation will post 1.27 EPS for the current fiscal year.

Key Stories Impacting Cameco

Here are the key news stories impacting Cameco this week:

• Positive Sentiment: GLJ Research reiterated a buy rating on Cameco, supporting upside sentiment from some sell‑side firms that expect continued strength in uranium demand. GLJ Research Reiterates Buy for Cameco (NYSE:CCJ)
• Positive Sentiment: MarketBeat highlighted a bullish, longer-term case that global adoption of nuclear power could keep demand for uranium—and Cameco’s revenues—elevated, a thematic driver that has helped CCJ’s recent run. Can Cameco Continue Its Run?
• Neutral Sentiment: Scotiabank trimmed its FY2027 EPS forecast for Cameco slightly (from $1.53 to $1.48) but left an Outperform rating in place—this is a modest earnings haircut rather than a full-scale outlook change, so the impact may be limited unless revisions accelerate. MarketBeat: Cameco / Scotiabank Note
• Negative Sentiment: Zacks Research downgraded Cameco from “strong-buy” to “hold,” which can pressure momentum players and reduce near-term buying conviction. Zacks.com
• Negative Sentiment: There was unusually large put option activity—roughly 28,210 puts (about a 942% increase vs. average)—indicating elevated hedging or speculative bearish positioning that can amplify intraday volatility and signal downside risk if sentiment shifts. Investors Buy High Volume of Cameco Put Options

Cameco Company 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.