Campbell & CO Investment Adviser LLC Has $260,000 Stock Holdings in Nucor Corporation $NUE

Campbell & CO Investment Adviser LLC reduced its stake in shares of Nucor Corporation (NYSE:NUE) by 42.8% during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 2,007 shares of the basic materials company’s stock after selling 1,499 shares during the period. Campbell & CO Investment Adviser LLC’s holdings in Nucor were worth $260,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the stock. Matrix Trust Co raised its holdings in shares of Nucor by 53.8% during the second quarter. Matrix Trust Co now owns 240 shares of the basic materials company’s stock worth $31,000 after acquiring an additional 84 shares during the period. Geneos Wealth Management Inc. boosted its stake in Nucor by 81.8% in the 1st quarter. Geneos Wealth Management Inc. now owns 340 shares of the basic materials company’s stock worth $41,000 after purchasing an additional 153 shares during the period. Meeder Asset Management Inc. increased its holdings in Nucor by 209.6% during the 1st quarter. Meeder Asset Management Inc. now owns 418 shares of the basic materials company’s stock worth $50,000 after purchasing an additional 283 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its stake in shares of Nucor by 49.8% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 442 shares of the basic materials company’s stock valued at $57,000 after purchasing an additional 147 shares during the period. Finally, Proathlete Wealth Management LLC bought a new stake in shares of Nucor in the second quarter valued at about $58,000. Institutional investors own 76.48% of the company’s stock.

Insider Activity

In other news, insider Michael D. Keller sold 6,088 shares of the firm’s stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $148.41, for a total value of $903,520.08. Following the completion of the sale, the insider directly owned 22,464 shares of the company’s stock, valued at $3,333,882.24. This trade represents a 21.32% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, EVP John J. Hollatz sold 7,000 shares of Nucor stock in a transaction that occurred on Wednesday, November 12th. The stock was sold at an average price of $149.88, for a total value of $1,049,160.00. Following the transaction, the executive vice president owned 96,550 shares of the company’s stock, valued at $14,470,914. This represents a 6.76% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 24,133 shares of company stock valued at $3,624,149. Company insiders own 0.46% of the company’s stock.

Wall Street Analysts Forecast Growth

NUE has been the subject of a number of research reports. Morgan Stanley increased their price objective on Nucor from $152.00 to $165.00 and gave the stock an “overweight” rating in a report on Tuesday, October 28th. The Goldman Sachs Group boosted their target price on Nucor from $173.00 to $182.00 and gave the company a “buy” rating in a research note on Wednesday, November 12th. Wall Street Zen raised shares of Nucor from a “hold” rating to a “buy” rating in a research note on Monday. BMO Capital Markets reiterated an “outperform” rating on shares of Nucor in a report on Wednesday, October 29th. Finally, Wells Fargo & Company raised shares of Nucor from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $147.00 to $167.00 in a research report on Friday. Nine analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $167.20.

Nucor Stock Up 0.7%

NYSE:NUE opened at $148.76 on Tuesday. Nucor Corporation has a twelve month low of $97.59 and a twelve month high of $158.48. The firm has a market capitalization of $34.04 billion, a price-to-earnings ratio of 20.89, a price-to-earnings-growth ratio of 1.14 and a beta of 1.80. The company has a quick ratio of 1.51, a current ratio of 2.77 and a debt-to-equity ratio of 0.30. The stock’s 50 day moving average price is $140.56 and its two-hundred day moving average price is $134.99.

Nucor (NYSE:NUE) last released its earnings results on Monday, October 27th. The basic materials company reported $2.63 earnings per share for the quarter, beating the consensus estimate of $2.30 by $0.33. The business had revenue of $8.52 billion during the quarter, compared to analysts’ expectations of $8.27 billion. Nucor had a net margin of 5.18% and a return on equity of 7.80%. The firm’s revenue was up 14.5% on a year-over-year basis. During the same period last year, the business earned $1.49 earnings per share. Nucor has set its Q4 2025 guidance at -2.630 EPS. Equities research analysts expect that Nucor Corporation will post 7.64 earnings per share for the current fiscal year.

Nucor Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, November 10th. Stockholders of record on Tuesday, September 30th were issued a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend was Tuesday, September 30th. Nucor’s dividend payout ratio is presently 30.90%.

Nucor Company Profile

Nucor Corporation engages in manufacture and sale of steel and steel products. It operates in three segments: steel mills, steel products, and raw materials. The Steel Mills segment produces hot-rolled, cold-rolled, and galvanized sheet steel products; plate steel products; wide-flange beams, beam blanks, and H-piling and sheet piling structural steel products; bar steel products, such as blooms, billets, concrete reinforcing and merchant bars, and engineered special bar quality products; and engages in the steel trading and rebar distribution businesses.