Hantz Financial Services Inc. Grows Holdings in Nucor Corporation $NUE

Hantz Financial Services Inc. raised its position in Nucor Corporation (NYSE:NUE) by 86.8% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,255 shares of the basic materials company’s stock after purchasing an additional 583 shares during the period. Hantz Financial Services Inc.’s holdings in Nucor were worth $163,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in NUE. Hudson Capital Management LLC raised its holdings in Nucor by 6.6% in the second quarter. Hudson Capital Management LLC now owns 34,784 shares of the basic materials company’s stock valued at $4,506,000 after buying an additional 2,154 shares during the period. Robeco Institutional Asset Management B.V. raised its holdings in Nucor by 138.5% in the second quarter. Robeco Institutional Asset Management B.V. now owns 121,543 shares of the basic materials company’s stock valued at $15,745,000 after buying an additional 70,581 shares during the period. Oppenheimer Asset Management Inc. purchased a new position in Nucor in the second quarter valued at approximately $5,225,000. Envestnet Asset Management Inc. raised its holdings in Nucor by 12.4% in the first quarter. Envestnet Asset Management Inc. now owns 305,006 shares of the basic materials company’s stock valued at $36,704,000 after buying an additional 33,700 shares during the period. Finally, Verdence Capital Advisors LLC raised its holdings in Nucor by 78.1% in the second quarter. Verdence Capital Advisors LLC now owns 8,134 shares of the basic materials company’s stock valued at $1,054,000 after buying an additional 3,568 shares during the period. 76.48% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

NUE has been the topic of several research reports. Wells Fargo & Company raised their price target on shares of Nucor from $140.00 to $147.00 and gave the company an “equal weight” rating in a report on Wednesday, October 29th. Wall Street Zen upgraded shares of Nucor from a “hold” rating to a “buy” rating in a report on Saturday. Morgan Stanley raised their price target on shares of Nucor from $152.00 to $165.00 and gave the company an “overweight” rating in a report on Tuesday, October 28th. Bank of America increased their price objective on shares of Nucor from $150.00 to $165.00 and gave the company a “buy” rating in a research report on Monday, September 15th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Nucor in a research report on Wednesday, October 8th. Eight research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, Nucor presently has a consensus rating of “Moderate Buy” and an average price target of $164.30.

Nucor Trading Down 1.4%

Shares of NUE opened at $148.01 on Tuesday. The company has a market capitalization of $33.97 billion, a P/E ratio of 20.79, a P/E/G ratio of 1.14 and a beta of 1.75. Nucor Corporation has a one year low of $97.59 and a one year high of $170.52. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.51 and a current ratio of 2.77. The stock has a 50-day moving average price of $140.92 and a 200 day moving average price of $132.81.

Nucor (NYSE:NUE) last released its quarterly earnings results on Monday, October 27th. The basic materials company reported $2.63 earnings per share for the quarter, topping analysts’ consensus estimates of $2.30 by $0.33. Nucor had a net margin of 5.18% and a return on equity of 7.80%. The business had revenue of $8.52 billion during the quarter, compared to the consensus estimate of $8.27 billion. During the same quarter last year, the company earned $1.49 earnings per share. The business’s quarterly revenue was up 14.5% compared to the same quarter last year. Nucor has set its Q4 2025 guidance at -2.630 EPS. Sell-side analysts forecast that Nucor Corporation will post 7.64 EPS for the current fiscal year.

Nucor Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, November 10th. Stockholders of record on Tuesday, September 30th will be given a dividend of $0.55 per share. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.5%. Nucor’s dividend payout ratio (DPR) is presently 30.90%.

Insider Buying and Selling at Nucor

In other news, CFO Stephen D. Laxton sold 2,003 shares of the firm’s stock in a transaction that occurred on Thursday, October 30th. The shares were sold at an average price of $151.57, for a total transaction of $303,594.71. Following the completion of the sale, the chief financial officer owned 88,174 shares of the company’s stock, valued at approximately $13,364,533.18. This trade represents a 2.22% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Allen C. Behr sold 9,042 shares of the firm’s stock in a transaction that occurred on Thursday, October 30th. The stock was sold at an average price of $151.28, for a total transaction of $1,367,873.76. Following the sale, the executive vice president directly owned 73,661 shares of the company’s stock, valued at $11,143,436.08. The trade was a 10.93% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 34,333 shares of company stock valued at $5,075,189. Corporate insiders own 0.46% of the company’s stock.

Nucor Company Profile

Nucor Corporation engages in manufacture and sale of steel and steel products. It operates in three segments: steel mills, steel products, and raw materials. The Steel Mills segment produces hot-rolled, cold-rolled, and galvanized sheet steel products; plate steel products; wide-flange beams, beam blanks, and H-piling and sheet piling structural steel products; bar steel products, such as blooms, billets, concrete reinforcing and merchant bars, and engineered special bar quality products; and engages in the steel trading and rebar distribution businesses.