TD Waterhouse Canada Inc. Has $59.69 Million Position in Cameco Corporation $CCJ

TD Waterhouse Canada Inc. lowered its stake in shares of Cameco Corporation (NYSE:CCJ) (TSE:CCO) by 14.4% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 715,720 shares of the basic materials company’s stock after selling 120,706 shares during the period. TD Waterhouse Canada Inc. owned approximately 0.16% of Cameco worth $59,687,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of CCJ. Mirae Asset Global Investments Co. Ltd. raised its stake in shares of Cameco by 79.4% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 249,992 shares of the basic materials company’s stock valued at $20,964,000 after buying an additional 110,629 shares during the period. Truist Financial Corp lifted its position in shares of Cameco by 5.7% during the third quarter. Truist Financial Corp now owns 31,060 shares of the basic materials company’s stock worth $2,605,000 after acquiring an additional 1,681 shares in the last quarter. Stonegate Investment Group LLC boosted its holdings in shares of Cameco by 11.9% in the third quarter. Stonegate Investment Group LLC now owns 10,071 shares of the basic materials company’s stock worth $845,000 after acquiring an additional 1,071 shares during the period. NWF Advisory Services Inc. bought a new stake in shares of Cameco during the 3rd quarter valued at $1,996,000. Finally, B. Riley Wealth Advisors Inc. purchased a new position in Cameco during the 3rd quarter valued at about $655,000. Hedge funds and other institutional investors own 70.21% of the company’s stock.

Key Stories 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

Wall Street Analysts Forecast Growth

CCJ has been the subject of a number of recent research reports. UBS Group started coverage on Cameco in a research report on Monday, November 10th. They issued a “neutral” rating and a $140.00 target price for the company. Scotiabank restated an “outperform” rating on shares of Cameco in a report on Wednesday, October 29th. Raymond James Financial reaffirmed an “outperform” rating on shares of Cameco in a research note on Wednesday, January 14th. National Bankshares reaffirmed an “outperform” rating on shares of Cameco in a research report on Thursday, November 6th. Finally, Wall Street Zen cut shares of Cameco from a “buy” rating to a “hold” rating in a report on Saturday, November 8th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, Cameco has an average rating of “Buy” and an average price target of $121.68.

Cameco Stock Up 6.3%

CCJ opened at $133.95 on Thursday. The company has a quick ratio of 1.85, a current ratio of 2.99 and a debt-to-equity ratio of 0.15. Cameco Corporation has a 52 week low of $35.00 and a 52 week high of $134.13. The company has a market capitalization of $58.33 billion, a PE ratio of 155.75 and a beta of 1.01. The firm has a 50-day simple moving average of $98.86 and a two-hundred day simple moving average of $88.50.

Cameco (NYSE:CCJ) (TSE:CCO) last issued 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). The company had revenue of $313.74 million during the quarter, compared to the consensus estimate of $531.72 million. Cameco had a return on equity of 8.58% and a net margin of 15.24%.Cameco’s revenue was down 14.7% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.01) earnings per share. Analysts forecast that Cameco Corporation will post 1.27 earnings per share for the current fiscal year.

Cameco Increases Dividend

The firm also recently disclosed an annual dividend, which was paid on Tuesday, December 16th. Investors of record on Monday, December 1st were paid a dividend of $0.24 per share. The ex-dividend date of this dividend was Monday, December 1st. This represents a yield of 27.0%. This is a boost from Cameco’s previous annual dividend of $0.12. Cameco’s dividend payout ratio is currently 19.77%.

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.