Orange Investment Advisors Inc. Has $3.02 Million Stock Holdings in Nucor Corporation $NUE

Orange Investment Advisors Inc. trimmed its holdings in Nucor Corporation (NYSE:NUE) by 20.2% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 17,869 shares of the basic materials company’s stock after selling 4,522 shares during the quarter. Orange Investment Advisors Inc.’s holdings in Nucor were worth $3,021,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. lifted its holdings in Nucor by 745.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 83,463 shares of the basic materials company’s stock worth $13,614,000 after buying an additional 73,588 shares in the last quarter. Nordea Investment Management AB raised its position in shares of Nucor by 11.1% during the fourth quarter. Nordea Investment Management AB now owns 2,103,000 shares of the basic materials company’s stock worth $342,642,000 after acquiring an additional 210,577 shares during the last quarter. FNY Investment Advisers LLC acquired a new position in shares of Nucor during the fourth quarter valued at $1,989,000. Oak Harvest Investment Services bought a new position in Nucor in the fourth quarter valued at about $6,329,000. Finally, SG Americas Securities LLC increased its position in Nucor by 123.5% in the fourth quarter. SG Americas Securities LLC now owns 85,474 shares of the basic materials company’s stock worth $13,942,000 after purchasing an additional 47,235 shares during the period. Institutional investors and hedge funds own 76.48% of the company’s stock.

Trending Headlines about Nucor

Here are the key news stories impacting Nucor this week:

• Positive Sentiment: KeyCorp set a bullish FY2026 EPS estimate of $16.50 and maintained an Overweight rating with a $274 price target, signaling continued confidence in Nucor’s earnings power and valuation upside.
• Positive Sentiment: Zacks Research raised multiple forward earnings estimates for Nucor, including FY2027 to $23.07 per share and FY2028 to $23.37 per share, while keeping a Strong-Buy rating, reinforcing a constructive long-term view.
• Positive Sentiment: KeyBanc reportedly upgraded Nucor on a favorable steel pricing outlook, which suggests improving industry fundamentals could support margins and profits.
• Neutral Sentiment: Zacks Research did cut its Q2 2026 EPS estimate to $4.77 from $5.47, indicating some near-term softness even as longer-dated forecasts improved.

Nucor Price Performance

NUE opened at $239.50 on Monday. The company has a quick ratio of 1.55, a current ratio of 2.90 and a debt-to-equity ratio of 0.30. Nucor Corporation has a 12 month low of $128.46 and a 12 month high of $270.90. The company has a fifty day simple moving average of $235.86 and a 200 day simple moving average of $195.05. The stock has a market cap of $54.54 billion, a P/E ratio of 23.71, a P/E/G ratio of 0.57 and a beta of 1.88.

Nucor (NYSE:NUE) last posted its earnings results on Monday, April 27th. The basic materials company reported $3.23 earnings per share for the quarter, topping the consensus estimate 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 in the previous year, the company posted $0.77 earnings per share. The company’s revenue for the quarter was up 21.3% on a year-over-year basis. On average, research analysts expect that Nucor Corporation will post 17 EPS for the current year.

Nucor Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, August 11th. Stockholders of record on Tuesday, June 30th will be given a dividend of $0.56 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $2.24 dividend on an annualized basis and a dividend yield of 0.9%. Nucor’s dividend payout ratio (DPR) is currently 22.18%.

Insider Buying and Selling at Nucor

In other Nucor news, EVP Noah C. Hanners sold 6,472 shares of the firm’s stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $226.50, for a total transaction of $1,465,908.00. Following the sale, the executive vice president directly owned 50,377 shares in the company, valued at approximately $11,410,390.50. This trade represents a 11.38% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP David A. Sumoski sold 33,068 shares of Nucor stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $225.67, for a total transaction of $7,462,455.56. Following the completion of the transaction, the executive vice president directly owned 243,339 shares in the company, valued at approximately $54,914,312.13. The trade was a 11.96% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 82,378 shares of company stock worth $18,963,930 over the last three months. Company insiders own 0.62% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have issued reports on NUE shares. Seaport Research Partners upped their target price on shares of Nucor from $245.00 to $285.00 and gave the company a “buy” rating in a research report on Wednesday, June 10th. Citigroup boosted their price target on shares of Nucor from $180.00 to $260.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. Zacks Research upgraded shares of Nucor from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 12th. Jefferies Financial Group raised their price objective on shares of Nucor from $225.00 to $250.00 and gave the company a “buy” rating in a research note on Tuesday, April 28th. Finally, UBS Group lowered shares of Nucor from a “buy” rating to a “neutral” rating and lifted their target price for the stock from $190.00 to $224.00 in a report on Tuesday, April 28th. Two research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $266.92.

Nucor 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.