24,059 Shares in Nucor Corporation $NUE Purchased by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. purchased a new stake in Nucor Corporation (NYSE:NUE) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 24,059 shares of the basic materials company’s stock, valued at approximately $5,624,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. First Command Advisory Services Inc. lifted its stake in shares of Nucor by 724.3% in the third quarter. First Command Advisory Services Inc. now owns 4,105 shares of the basic materials company’s stock worth $962,000 after acquiring an additional 3,607 shares during the period. Silver Grove Financial Group Inc. boosted its holdings in Nucor by 2,190.5% in the third quarter. Silver Grove Financial Group Inc. now owns 2,405 shares of the basic materials company’s stock valued at $562,000 after acquiring an additional 2,300 shares during the last quarter. Illinois Municipal Retirement Fund increased its position in Nucor by 18.7% during the 3rd quarter. Illinois Municipal Retirement Fund now owns 30,441 shares of the basic materials company’s stock valued at $7,116,000 after purchasing an additional 4,793 shares during the period. Mesirow Financial Investment Management Inc. increased its position in Nucor by 8.0% during the 3rd quarter. Mesirow Financial Investment Management Inc. now owns 8,118 shares of the basic materials company’s stock valued at $1,898,000 after purchasing an additional 600 shares during the period. Finally, Csenge Advisory Group acquired a new stake in Nucor during the 3rd quarter valued at approximately $237,000. Institutional investors and hedge funds own 76.48% of the company’s stock.

Nucor Trading Down 0.3%

NYSE:NUE opened at $260.59 on Friday. Nucor Corporation has a 12 month low of $143.41 and a 12 month high of $287.70. The company has a current ratio of 2.46, a quick ratio of 1.43 and a debt-to-equity ratio of 0.26. The stock has a market capitalization of $58.62 billion, a price-to-earnings ratio of 16.59, a PEG ratio of 0.64 and a beta of 1.81. The firm has a fifty day simple moving average of $255.41 and a two-hundred day simple moving average of $227.19.

Nucor (NYSE:NUE) last released its quarterly earnings data on Monday, October 26th. The basic materials company reported $5.80 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.84 by ($0.04). The company had revenue of $11.25 billion for the quarter, compared to the consensus estimate of $10.84 billion. Nucor had a return on equity of 15.53% and a net margin of 9.26%. Nucor’s revenue for the quarter was up 32.0% compared to the same quarter last year. During the same period last year, the company earned $2.63 EPS. Analysts expect that Nucor Corporation will post 19.63 EPS for the current fiscal year.

Nucor Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, November 10th. Investors of record on Wednesday, September 30th were paid a dividend of $0.56 per share. This represents a $2.24 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend was Wednesday, September 30th. Nucor’s dividend payout ratio is 14.26%.

Latest Nucor News

These are some of the NUE news items that stood out recently:

• Positive Sentiment: Barclays raised its price target to $345 from $320 and maintained an “overweight” rating, signaling confidence in further upside. Barclays price-target report
• Positive Sentiment: Coverage highlighted Nucor as one of only two materials stocks retaining Strong Buy ratings. Another report cited an 81.6% one-year gain, supported by higher steel prices, record shipments and strong earnings, with capacity expansions and acquisitions offering potential growth drivers. Strong Buy ratings article Nucor growth outlook article
• Neutral Sentiment: Zacks Research’s estimate changes were mixed: it raised several 2027 forecasts, including FY2027 EPS to $21.46 from $19.44, but lowered its Q4 2026 estimate to $6.04 from $6.84 and FY2028 estimate to $20.80 from $21.21. These are analyst forecasts, not company guidance.

Insider Transactions at Nucor

In other news, insider Michael D. Keller sold 1,136 shares of the business’s stock in a transaction that occurred on Monday, November 2nd. The stock was sold at an average price of $279.33, for a total transaction of $317,318.88. Following the completion of the sale, the insider owned 15,588 shares in the company, valued at $4,354,196.04. The trade was a 6.79% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Noah C. Hanners sold 5,190 shares of the company’s stock in a transaction that occurred on Thursday, October 29th. The stock was sold at an average price of $275.03, for a total value of $1,427,405.70. Following the transaction, the executive vice president directly owned 44,073 shares in the company, valued at $12,121,397.19. The trade was a 10.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 28,732 shares of company stock worth $7,881,287 in the last three months. Insiders own 0.62% of the company’s stock.

Analyst Ratings Changes

NUE has been the topic of a number of recent analyst reports. BMO Capital Markets boosted their price target on shares of Nucor from $285.00 to $295.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 29th. Citigroup reaffirmed a “buy” rating on shares of Nucor in a research note on Wednesday, July 29th. Barclays lifted their target price on shares of Nucor from $320.00 to $345.00 and gave the stock an “overweight” rating in a research note on Thursday. Wells Fargo & Company lifted their target price on shares of Nucor from $280.00 to $305.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 28th. Finally, Morgan Stanley set a $270.00 target price on shares of Nucor in a report on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, Nucor currently has an average rating of “Moderate Buy” and a consensus target price of $288.94.

Nucor Profile

Nucor Corporation is a U.S.-based steel and steel products manufacturer. Its steel mills produce sheet, plate, bar, structural steel and reinforcing bar used in construction, manufacturing, transportation and other industries. The company also makes downstream products such as steel joists, decking, fasteners, wire products and metal building components. Its operations include recycling ferrous scrap and producing direct reduced iron, materials used in steelmaking. Nucor traces its roots to 1905 and developed into a steel producer during the mid-20th century.