Intech Investment Management Reduces $16M in Cameco Corporation ($CCJ)
The fund cut its holdings in Cameco by 44%, reflecting a significant reduction.
Key Points
- Intech Investment Management reduced its Cameco stake by 159,512 shares, a 44% decrease, leaving 202,308 shares valued at $20.4 million.
- Cameco's stock, trading at $100.96, has a market cap of $43.97 billion and a P/E ratio of 94.36.
- MIRAE Asset Global ETFS grew its Cameco position, while FMR LLC significantly reduced its holdings.
Intech Investment Management has trimmed its position in Cameco Corporation (NYSE:CCJ), cutting its holdings by 159,512 shares. This reduction, reported in a recent SEC filing, brings Intech's total shares down to 202,308, a 44% decrease. The shares are now valued at approximately $20.4 million as of the filing date.
What Changed in Intech Investment Management's Cameco Position
Intech Investment Management significantly reduced its stake in Cameco, decreasing its shares from 361,820 to 202,308. This move represents a 44% reduction, equating to a cut of 159,512 shares. The current value of the holdings stands at about $20.4 million.
Other Institutional Activity in Cameco
MIRAE Asset Global ETFS Holdings Ltd. increased its Cameco holdings by 843,250 shares, ending with 15,373,206 shares valued at roughly $1.67 billion. Meanwhile, Capital World Investors trimmed its position by 282,437 shares, bringing its total to 13,262,917 shares worth about $1.44 billion. Vanguard Capital Management LLC maintained its stake at 11,861,339 shares, valued at around $1.29 billion. Royal Bank of Canada added 429,737 shares, totaling 9,598,933 shares valued at approximately $1.04 billion. FMR LLC, however, reduced its holdings significantly by 5,861,426 shares, leaving it with 9,239,264 shares worth $1.00 billion.
Cameco Corporation Stock Snapshot
Shares of Cameco Corporation (NYSE:CCJ) are trading around $100.96. The company boasts a market capitalization of about $43.97 billion. Cameco has a P/E ratio of 94.36 and a forward P/E of 53.16, with a beta of 0.983. The stock's 52-week range is between $67.60 and $135.24, with a 50-day moving average of $113.55 and a 200-day moving average of $102.37. The company's current ratio is 3.08, and its quick ratio is 1.84, alongside a debt-to-equity ratio of 14.31.
Recent Earnings
Cameco Corporation reported revenue of $3.54 billion, reflecting a growth rate of 7.1%. The company achieved a net margin of 18.39% and a return on equity of 9.60%. Earnings per share stood at $1.07. The next earnings report is expected on July 31, 2026.
Dividend
Cameco offers an annual dividend rate of $0.17, yielding 0.17%. The dividend payout ratio is 16.11%, indicating a conservative dividend policy.
Insider Buying and Selling at Cameco Corporation
Several insider transactions have taken place recently at Cameco. Timothy Gitzel, a company insider, sold 25,000 shares at an average price of $103.94 on January 7, 2026. Earlier, he sold 50,000 shares at $98.56 on January 2, 2026, and another 50,000 shares at $89.99 on December 19, 2025. Ronald Liam Mooney sold 4,000 shares at $100.17 on January 5, 2026, while Lisa Lorene Aitken sold 1,000 shares on the same day at the same price. Heidi Shockey sold 19,460 shares at $86.33 on September 15, 2025.
Analysts Set New Price Targets
On May 22, 2026, Barclays initiated coverage on Cameco with a 'hold' rating and a target price of $108. GLJ Research reiterated its 'buy' rating with a target of $171.20 on February 18, 2026. RBC Capital maintained its 'buy' rating, setting a target of $160 on February 17, 2026. The consensus among analysts is a 'buy' recommendation, with an average target price of $128.63 based on 11 opinions.
About Cameco Corporation
Cameco Corporation, headquartered in Saskatoon, Canada, is a leading provider of uranium, essential for electricity generation across the Americas, Europe, and Asia. The company operates through three segments: Uranium, Fuel Services, and Westinghouse. It is involved in uranium exploration, mining, and milling, as well as refining and conversion services. Cameco also supplies nuclear reactor technology and services to commercial utilities and government agencies. Led by CEO Timothy S. Gitzel, Cameco was incorporated in 1987.
Bottom Line
Intech Investment Management's decision to reduce its holdings in Cameco reflects a strategic adjustment in its portfolio. Investors often track such changes to gauge institutional sentiment. It's important to remember that 13F filings are backward-looking and may not represent current positions. Cameco remains a key player in the uranium sector, with strong institutional interest and a robust analyst outlook.
See Also
This instant news alert was generated by automated narrative technology and financial data from Trueearnings and public regulatory filings. It is for informational purposes only and is not financial advice.