First Nebraska Trust Co bought a new position in Nucor Corporation (NYSE:NUE – Free Report) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 81,546 shares of the basic materials company’s stock, valued at approximately $13,789,000. Nucor makes up 1.3% of First Nebraska Trust Co’s portfolio, making the stock its 18th largest holding.
A number of other institutional investors have also added to or reduced their stakes in NUE. Stance Capital LLC purchased a new stake in Nucor during the third quarter valued at about $25,000. Strive Financial Group LLC bought a new stake in Nucor during the fourth quarter worth about $27,000. Motiv8 Investments LLC purchased a new position in shares of Nucor in the 4th quarter worth about $32,000. Bartlett & CO. Wealth Management LLC boosted its holdings in shares of Nucor by 49.2% in the 1st quarter. Bartlett & CO. Wealth Management LLC now owns 191 shares of the basic materials company’s stock worth $32,000 after purchasing an additional 63 shares in the last quarter. Finally, Mcguire Capital Advisors Inc. bought a new position in shares of Nucor during the 4th quarter valued at about $32,000. Institutional investors own 76.48% of the company’s stock.
Nucor Stock Up 0.1%
Shares of NYSE:NUE opened at $257.19 on Friday. The stock has a market capitalization of $58.57 billion, a P/E ratio of 20.51, a price-to-earnings-growth ratio of 0.58 and a beta of 1.91. The stock’s 50-day moving average price is $242.94 and its 200-day moving average price is $207.32. The company has a current ratio of 2.51, a quick ratio of 1.55 and a debt-to-equity ratio of 0.27. Nucor Corporation has a 12-month low of $131.32 and a 12-month high of $270.90.
Nucor Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 11th. Stockholders of record on Tuesday, June 30th will be paid a dividend of $0.56 per share. This represents a $2.24 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Tuesday, June 30th. Nucor’s dividend payout ratio is 17.86%.
Trending Headlines about Nucor
Here are the key news stories impacting Nucor this week:
- Positive Sentiment: Analysts raise earnings expectations: Zacks Research brokers increased their earnings estimates for Nucor, suggesting greater confidence in the company’s near-term profitability. Zacks Research Brokers Raise Earnings Estimates for Nucor
- Positive Sentiment: Record shipments strengthen the outlook: Nucor’s shipment performance is being cited as a key reason for a more bullish earnings outlook, indicating solid demand across its steel operations. Nucor’s Record Shipments Drive Bullish Earnings Outlook
- Positive Sentiment: Positive momentum and relative performance: Nucor is described as a strong momentum stock and has outperformed other basic-materials companies, including Charlotte-based Albemarle, supporting continued investor interest. Here’s Why Nucor Is a Strong Momentum Stock Nucor Outshines Albemarle in Charlotte Stock Duel
- Positive Sentiment: UBS sees further upside: A UBS Group analyst expects Nucor’s stock price to rise, adding to the constructive analyst sentiment. Nucor Stock Price Expected to Rise, UBS Analyst Says
- Neutral Sentiment: Analyst views are not unanimous: Recent coverage includes mixed opinions on Nucor, while another report discusses Nucor alongside Ecolab without indicating a clear change in the company’s fundamentals. Analysts’ Opinions Are Mixed on Nucor
- Negative Sentiment: Macro risks remain: A shrinking U.S. trade deficit is accompanied by signs of pressure in steel mills, freight activity and consumer sentiment, raising concerns about industrial demand and potential cyclicality for steel producers. What a $101.5 Billion Trade Deficit Really Means for Americans in 2026
Wall Street Analyst Weigh In
NUE has been the topic of a number of research reports. BNP Paribas Exane raised their price objective on Nucor from $210.00 to $248.00 and gave the company an “outperform” rating in a report on Monday, May 4th. JPMorgan Chase & Co. upped their target price on Nucor from $240.00 to $282.00 and gave the stock an “overweight” rating in a research note on Wednesday, June 10th. Jefferies Financial Group increased their price target on shares of Nucor from $225.00 to $250.00 and gave the company a “buy” rating in a research report on Tuesday, April 28th. Seaport Research Partners lifted their price target on shares of Nucor from $245.00 to $285.00 and gave the stock a “buy” rating in a research note on Wednesday, June 10th. Finally, Bank of America lowered their price objective on shares of Nucor from $290.00 to $280.00 and set a “buy” rating for the company in a report on Thursday, July 9th. Twelve equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, Nucor currently has an average rating of “Moderate Buy” and an average price target of $273.31.
Insider Transactions at Nucor
In other Nucor news, EVP Randy J. Spicer sold 2,500 shares of the stock in a transaction on Monday, May 18th. The shares were sold at an average price of $225.00, for a total transaction of $562,500.00. Following the completion of the sale, the executive vice president owned 20,510 shares of the company’s stock, valued at $4,614,750. This represents a 10.86% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Allen C. Behr sold 10,096 shares of the stock in a transaction on Monday, May 4th. The shares were sold at an average price of $226.08, for a total transaction of $2,282,503.68. Following the sale, the executive vice president directly owned 62,871 shares of the company’s stock, valued at $14,213,875.68. The trade was a 13.84% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 29,950 shares of company stock valued at $7,122,879. 0.62% of the stock is currently owned by insiders.
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.
See Also
- Five stocks we like better than Nucor
- Popular’s Earnings Beat Shows Why This Bank Stock Keeps Climbing
- ABB’s Rotork Deal Could Put These Flow Control Stocks Back in Focus
- GE HealthCare Stock Climbs on Vital Diagnostics Demand
- Lost in Space: Why Aerospace Valuations Are Plummeting Right Now
Want to see what other hedge funds are holding NUE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Nucor Corporation (NYSE:NUE – Free Report).
Receive News & Ratings for Nucor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nucor and related companies with MarketBeat.com's FREE daily email newsletter.
