WealthPlan Investment Management LLC Has $6.97 Million Holdings in Nucor Corporation $NUE

WealthPlan Investment Management LLC cut its holdings in Nucor Corporation (NYSE:NUE) by 36.2% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 42,753 shares of the basic materials company’s stock after selling 24,309 shares during the quarter. WealthPlan Investment Management LLC’s holdings in Nucor were worth $6,973,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of NUE. AQR Capital Management LLC boosted its stake in Nucor by 580.9% in the second quarter. AQR Capital Management LLC now owns 653,845 shares of the basic materials company’s stock valued at $84,699,000 after buying an additional 557,819 shares in the last quarter. Capital World Investors boosted its stake in Nucor by 20.1% in the third quarter. Capital World Investors now owns 3,042,761 shares of the basic materials company’s stock valued at $412,081,000 after buying an additional 509,019 shares in the last quarter. Vaughan Nelson Investment Management L.P. boosted its stake in Nucor by 169.0% in the fourth quarter. Vaughan Nelson Investment Management L.P. now owns 779,940 shares of the basic materials company’s stock valued at $127,216,000 after buying an additional 489,950 shares in the last quarter. M&T Bank Corp boosted its stake in Nucor by 494.5% in the fourth quarter. M&T Bank Corp now owns 434,511 shares of the basic materials company’s stock valued at $70,873,000 after buying an additional 361,417 shares in the last quarter. Finally, Holocene Advisors LP boosted its stake in Nucor by 146.9% in the third quarter. Holocene Advisors LP now owns 548,911 shares of the basic materials company’s stock valued at $74,339,000 after buying an additional 326,572 shares in the last quarter. 76.48% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Nucor

Here are the key news stories impacting Nucor this week:

• Positive Sentiment: Argus raised its price target on Nucor to $262 from $200 and reiterated a Buy rating, implying meaningful upside from the current share price. Argus adjusts price target on Nucor to 262 from 200, maintains buy rating
• Positive Sentiment: Zacks Research upgraded Nucor from Hold to Strong Buy, adding to the bullish analyst sentiment around the stock.
• Positive Sentiment: Recent commentary highlighted Nucor’s strong first quarter, with record shipments, higher steel selling prices, improved metal margins, and management guidance for higher consolidated earnings in Q2. Should Record Q1 2026 Shipments and Higher Q2 Outlook Require Action From Nucor (NUE) Investors?
• Positive Sentiment: Another earnings-focused analysis said Nucor’s latest quarter was driven by stronger steel prices and record shipments, reinforcing the view that profits and sales momentum remain solid. Evaluating Nucor (NUE) After Earnings Fueled By Strong Steel Prices And Record Shipments
• Neutral Sentiment: Broader sector headlines were mixed: National Steel reported a Q1 earnings miss due to softer steel demand, imports, and weather-related pressure, which could temper enthusiasm for the steel group overall. National Steel Q1 Earnings Miss Estimates on Softer Steel Demand
• Neutral Sentiment: Analyst debate continues around tariff effects, profitability, and Nucor’s growth projects, but the revised fair-value estimates suggest expectations are trending higher overall. How The Nucor (NUE) Investment Story Is Shifting With New Analyst Views And Tariff News

Nucor Stock Performance

Shares of NUE stock opened at $226.78 on Friday. The business’s 50-day moving average price is $190.48 and its 200-day moving average price is $174.91. Nucor Corporation has a 12 month low of $106.21 and a 12 month high of $235.45. The firm has a market capitalization of $51.65 billion, a price-to-earnings ratio of 22.45, a PEG ratio of 0.61 and a beta of 1.87. The company has a current ratio of 2.90, a quick ratio of 1.55 and a debt-to-equity ratio of 0.30.

Nucor (NYSE:NUE) last announced its quarterly earnings results on Monday, April 27th. The basic materials company reported $3.23 EPS for the quarter, beating analysts’ consensus estimates of $2.82 by $0.41. Nucor had a return on equity of 10.68% and a net margin of 6.82%.The firm had revenue of $9.50 billion for the quarter, compared to analyst estimates of $8.88 billion. During the same period last year, the firm posted $0.77 earnings per share. The business’s revenue for the quarter was up 21.3% on a year-over-year basis. Equities research analysts forecast that Nucor Corporation will post 14.66 EPS for the current year.

Nucor Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, May 11th. Stockholders of record on Tuesday, March 31st were paid a dividend of $0.56 per share. This represents a $2.24 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend was Tuesday, March 31st. Nucor’s dividend payout ratio (DPR) is presently 22.18%.

Nucor declared that its board has approved a share buyback program on Friday, February 20th that authorizes the company to repurchase $4.00 billion in outstanding shares. This repurchase authorization authorizes the basic materials company to purchase up to 9.7% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s board of directors believes its shares are undervalued.

Analysts Set New Price Targets

Several research firms recently weighed in on NUE. Seaport Research Partners reaffirmed a “buy” rating and issued a $245.00 price objective on shares of Nucor in a research note on Thursday, April 30th. Argus raised their price objective on Nucor from $200.00 to $262.00 and gave the company a “buy” rating in a research note on Friday. Wells Fargo & Company raised their price objective on Nucor from $213.00 to $244.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. BMO Capital Markets raised their price objective on Nucor from $196.00 to $235.00 and gave the company an “outperform” rating in a research note on Tuesday, April 28th. Finally, Wall Street Zen raised Nucor from a “buy” rating to a “strong-buy” rating in a research note on Saturday. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have given a Hold rating to the company. According to MarketBeat, Nucor currently has an average rating of “Moderate Buy” and a consensus price target of $245.45.

Insider Activity

In related news, EVP Daniel R. Needham sold 12,888 shares of Nucor stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $226.00, for a total value of $2,912,688.00. Following the transaction, the executive vice president directly owned 89,724 shares of the company’s stock, valued at $20,277,624. The trade was a 12.56% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Noah C. Hanners sold 6,472 shares of Nucor stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $226.50, for a total value of $1,465,908.00. Following the completion of the transaction, the executive vice president directly owned 50,377 shares in the company, valued at approximately $11,410,390.50. This represents a 11.38% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 69,318 shares of company stock valued at $15,672,093. 0.62% of the stock is currently owned by company insiders.

Nucor Company Profile

Nucor Corporation (NYSE: NUE) is an American steel producer headquartered in Charlotte, North Carolina. The company is primarily engaged in the manufacture and sale of steel and steel products, operating a network of steel mills, recycling facilities and fabrication plants across the United States and North America. Nucor’s operations emphasize electric arc furnace steelmaking using recycled scrap metal, which supports a decentralized, mill-based production model focused on efficiency and flexibility.

Product offerings span a broad range of basic and value‑added steel items, including sheet, plate, merchant bar, structural beams, reinforcing bar, tubing, fasteners and fabricated components.