Inspire Advisors LLC Grows Position in Nucor Corporation $NUE

Inspire Advisors LLC boosted its position in shares of Nucor Corporation (NYSE:NUE) by 12.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,483 shares of the basic materials company’s stock after purchasing an additional 704 shares during the period. Inspire Advisors LLC’s holdings in Nucor were worth $840,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in NUE. Robeco Institutional Asset Management B.V. lifted its stake in shares of Nucor by 138.5% during the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 121,543 shares of the basic materials company’s stock worth $15,745,000 after acquiring an additional 70,581 shares during the last quarter. Hudson Capital Management LLC increased its stake 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 worth $4,506,000 after purchasing an additional 2,154 shares during the period. Fidelis Capital Partners LLC bought a new stake in shares of Nucor during the second quarter worth $236,000. Oppenheimer Asset Management Inc. purchased a new stake in shares of Nucor during the second quarter valued at $5,225,000. Finally, VeraBank N.A. grew its holdings in shares of Nucor by 26.4% in the second quarter. VeraBank N.A. now owns 5,093 shares of the basic materials company’s stock worth $660,000 after purchasing an additional 1,065 shares during the last quarter. Institutional investors own 76.48% of the company’s stock.

Nucor Stock Performance

Shares of NYSE:NUE opened at $148.55 on Wednesday. The firm has a 50 day moving average of $140.70 and a 200 day moving average of $135.17. The company has a quick ratio of 1.51, a current ratio of 2.77 and a debt-to-equity ratio of 0.30. The company has a market capitalization of $34.00 billion, a price-to-earnings ratio of 20.86, a price-to-earnings-growth ratio of 1.14 and a beta of 1.80. Nucor Corporation has a 52 week low of $97.59 and a 52 week high of $158.48.

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

Nucor Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, November 10th. Shareholders of record on Tuesday, September 30th were given a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend was Tuesday, September 30th. Nucor’s dividend payout ratio is presently 30.90%.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on NUE shares. Morgan Stanley lifted their price objective on shares of Nucor from $152.00 to $165.00 and gave the company an “overweight” rating in a report on Tuesday, October 28th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Nucor in a research note on Wednesday, October 8th. Wall Street Zen upgraded Nucor from a “hold” rating to a “buy” rating in a report on Monday. Bank of America raised their price objective on Nucor from $150.00 to $165.00 and gave the stock a “buy” rating in a report on Monday, September 15th. Finally, UBS Group upped their target price on Nucor from $165.00 to $168.00 and gave the stock a “buy” rating in a report on Wednesday, October 29th. Nine equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $167.20.

Insider Activity

In other news, EVP John J. Hollatz sold 7,000 shares of Nucor stock in a transaction that occurred on Wednesday, November 12th. The shares were sold at an average price of $149.88, for a total value of $1,049,160.00. Following the transaction, the executive vice president owned 96,550 shares of the company’s stock, valued at $14,470,914. The trade was a 6.76% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Michael D. Keller sold 6,088 shares of the business’s stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $148.41, for a total transaction of $903,520.08. Following the transaction, the insider owned 22,464 shares of the company’s stock, valued at approximately $3,333,882.24. This trade represents a 21.32% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 24,133 shares of company stock valued at $3,624,149 over the last 90 days. 0.46% of the stock is currently owned by corporate insiders.

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.