Coldstream Capital Management Inc. Decreases Stock Position in Nucor Corporation $NUE

Coldstream Capital Management Inc. cut its holdings in Nucor Corporation (NYSE:NUE) by 10.6% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,595 shares of the basic materials company’s stock after selling 425 shares during the quarter. Coldstream Capital Management Inc.’s holdings in Nucor were worth $466,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. IMA Advisory Services Inc. lifted its holdings in shares of Nucor by 51.4% during the second quarter. IMA Advisory Services Inc. now owns 221 shares of the basic materials company’s stock valued at $29,000 after purchasing an additional 75 shares in the last quarter. Matrix Trust Co raised its position in Nucor by 53.8% in the 2nd quarter. Matrix Trust Co now owns 240 shares of the basic materials company’s stock worth $31,000 after buying an additional 84 shares during the last quarter. Geneos Wealth Management Inc. lifted its stake in Nucor by 81.8% during the 1st quarter. Geneos Wealth Management Inc. now owns 340 shares of the basic materials company’s stock valued at $41,000 after acquiring an additional 153 shares during the period. Meeder Asset Management Inc. boosted its holdings in shares of Nucor by 209.6% during the 1st quarter. Meeder Asset Management Inc. now owns 418 shares of the basic materials company’s stock valued at $50,000 after acquiring an additional 283 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. grew its stake in shares of Nucor by 49.8% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 442 shares of the basic materials company’s stock worth $57,000 after acquiring an additional 147 shares during the period. Institutional investors own 76.48% of the company’s stock.

Nucor Stock Up 1.8%

NYSE NUE opened at $159.08 on Friday. Nucor Corporation has a 52 week low of $97.59 and a 52 week high of $159.42. 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 company has a market capitalization of $36.41 billion, a P/E ratio of 22.34, a price-to-earnings-growth ratio of 1.14 and a beta of 1.80. The stock’s 50-day moving average price is $142.44 and its 200-day moving average price is $136.72.

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

Nucor Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, November 10th. Stockholders of record on Tuesday, September 30th were given a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a dividend yield of 1.4%. The ex-dividend date was Tuesday, September 30th. Nucor’s dividend payout ratio (DPR) is presently 30.90%.

Insider Activity at Nucor

In related news, EVP John J. Hollatz sold 7,000 shares of the company’s stock in a transaction on Wednesday, November 12th. The shares were sold at an average price of $149.88, for a total value of $1,049,160.00. Following the completion of the transaction, the executive vice president owned 96,550 shares of the company’s stock, valued at approximately $14,470,914. This represents a 6.76% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Allen C. Behr sold 9,042 shares of the firm’s stock in a transaction dated Thursday, October 30th. The shares were sold at an average price of $151.28, for a total value of $1,367,873.76. Following the sale, the executive vice president directly owned 73,661 shares in the company, valued at approximately $11,143,436.08. This represents a 10.93% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 18,045 shares of company stock worth $2,720,628. 0.71% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of brokerages recently weighed in on NUE. Wall Street Zen upgraded shares of Nucor from a “hold” rating to a “buy” rating in a research report on Monday, November 17th. Wells Fargo & Company raised Nucor from an “equal weight” rating to an “overweight” rating and increased their price target for the company from $147.00 to $167.00 in a report on Friday, November 14th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Nucor in a report on Wednesday, October 29th. Jefferies Financial Group upgraded Nucor from a “hold” rating to a “buy” rating and upped their price objective for the company from $135.00 to $170.00 in a research report on Thursday, July 31st. Finally, Morgan Stanley raised their target price on Nucor from $152.00 to $165.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 28th. Nine investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $167.20.

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.