Union Bancaire Privee UBP SA Raises Holdings in Nucor Corporation $NUE

Union Bancaire Privee UBP SA lifted its position in shares of Nucor Corporation (NYSE:NUE) by 84.9% during the first quarter, Holdings Channel.com reports. The institutional investor owned 13,140 shares of the basic materials company’s stock after acquiring an additional 6,032 shares during the quarter. Union Bancaire Privee UBP SA’s holdings in Nucor were worth $2,222,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. lifted its position in shares of Nucor by 745.2% in 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 purchasing an additional 73,588 shares during the period. Nordea Investment Management AB increased its holdings in 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 valued at $342,642,000 after buying an additional 210,577 shares during the period. FNY Investment Advisers LLC bought a new position in Nucor in the fourth quarter worth approximately $1,989,000. Oak Harvest Investment Services bought a new position in Nucor in the fourth quarter worth approximately $6,329,000. Finally, SG Americas Securities LLC raised its stake 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 buying an additional 47,235 shares in the last quarter. Hedge funds and other institutional investors own 76.48% of the company’s stock.

Nucor News Roundup

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 Stock Performance

NUE opened at $239.50 on Friday. The company has a market cap of $54.54 billion, a P/E ratio of 23.71, a price-to-earnings-growth ratio of 0.57 and a beta of 1.88. The company has a quick ratio of 1.55, a current ratio of 2.90 and a debt-to-equity ratio of 0.30. The firm’s 50-day moving average price is $235.86 and its 200-day moving average price is $194.80. Nucor Corporation has a 52-week low of $128.46 and a 52-week high of $270.90.

Nucor (NYSE:NUE) last released its earnings results on Monday, April 27th. The basic materials company reported $3.23 EPS for the quarter, topping analysts’ consensus estimates of $2.82 by $0.41. The company had revenue of $9.50 billion during the quarter, compared to analysts’ expectations of $8.88 billion. Nucor had a net margin of 6.82% and a return on equity of 10.68%. Nucor’s revenue for the quarter was up 21.3% on a year-over-year basis. During the same period last year, the business earned $0.77 EPS. As a group, equities analysts anticipate that Nucor Corporation will post 17 EPS for the current fiscal year.

Nucor Announces Dividend

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 annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Tuesday, June 30th. Nucor’s payout ratio is presently 22.18%.

Analyst Upgrades and Downgrades

NUE has been the topic of several recent research reports. CICC Research assumed coverage on Nucor in a research report on Monday, May 25th. They set an “outperform” rating on the stock. KeyCorp raised Nucor from a “sector weight” rating to an “overweight” rating and set a $274.00 price target for the company in a research report on Wednesday. Zacks Research upgraded Nucor from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 12th. Wells Fargo & Company dropped their price objective on Nucor from $292.00 to $283.00 and set an “overweight” rating on the stock in a research report on Thursday, June 18th. Finally, BMO Capital Markets lifted their target price on Nucor from $250.00 to $285.00 and gave the company an “outperform” rating in a research note on Wednesday, June 3rd. Two investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $266.92.

Insider Buying and Selling at Nucor

In related news, EVP Allen C. Behr sold 10,096 shares of the firm’s stock in a transaction on Monday, May 4th. The stock was sold at an average price of $226.08, for a total value of $2,282,503.68. Following the completion of the transaction, the executive vice president owned 62,871 shares in the company, valued at $14,213,875.68. This trade represents a 13.84% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP John J. Hollatz sold 10,560 shares of Nucor stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $258.46, for a total value of $2,729,337.60. Following the sale, the executive vice president directly owned 97,865 shares of the company’s stock, valued at approximately $25,294,187.90. This represents a 9.74% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 82,378 shares of company stock valued at $18,963,930. Company insiders own 0.62% of the company’s stock.

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.