5,090 Shares in Nucor Corporation $NUE Bought by Caldwell Trust Co

Caldwell Trust Co purchased a new position in Nucor Corporation (NYSE:NUE) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 5,090 shares of the basic materials company’s stock, valued at approximately $659,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of NUE. Public Sector Pension Investment Board boosted its holdings in Nucor by 10.1% during the 1st quarter. Public Sector Pension Investment Board now owns 31,955 shares of the basic materials company’s stock valued at $3,845,000 after acquiring an additional 2,925 shares during the period. HighTower Advisors LLC lifted its position in Nucor by 9.1% in the first quarter. HighTower Advisors LLC now owns 73,334 shares of the basic materials company’s stock valued at $8,825,000 after purchasing an additional 6,132 shares during the last quarter. Horizon Investments LLC boosted its stake in shares of Nucor by 3.3% during the first quarter. Horizon Investments LLC now owns 4,096 shares of the basic materials company’s stock valued at $493,000 after purchasing an additional 132 shares during the period. Aberdeen Group plc grew its holdings in shares of Nucor by 69.5% in the first quarter. Aberdeen Group plc now owns 126,801 shares of the basic materials company’s stock worth $15,027,000 after purchasing an additional 51,984 shares during the last quarter. Finally, Ethic Inc. increased its stake in shares of Nucor by 36.0% in the first quarter. Ethic Inc. now owns 13,929 shares of the basic materials company’s stock worth $1,667,000 after buying an additional 3,687 shares during the period. 76.48% of the stock is owned by institutional investors.

Insider Buying and Selling at Nucor

In related news, CFO Stephen D. Laxton sold 2,003 shares of the stock in a transaction dated Thursday, October 30th. The shares were sold at an average price of $151.57, for a total value of $303,594.71. Following the completion of the transaction, the chief financial officer directly owned 88,174 shares in the company, valued at $13,364,533.18. This trade represents a 2.22% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP John J. Hollatz sold 7,000 shares of Nucor stock in a transaction dated Wednesday, November 12th. The shares were sold at an average price of $149.88, for a total transaction of $1,049,160.00. Following the transaction, the executive vice president directly owned 96,550 shares of the company’s stock, valued at approximately $14,470,914. This trade represents a 6.76% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 18,045 shares of company stock valued at $2,720,628. 0.71% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on NUE shares. JPMorgan Chase & Co. increased their price target on shares of Nucor from $175.00 to $200.00 and gave the company an “overweight” rating in a research report on Friday, December 5th. The Goldman Sachs Group increased their target price on shares of Nucor from $173.00 to $182.00 and gave the stock a “buy” rating in a report on Wednesday, November 12th. Weiss Ratings reissued a “hold (c-)” rating on shares of Nucor in a research note on Monday, December 8th. Wall Street Zen raised Nucor from a “hold” rating to a “buy” rating in a research report on Monday, November 17th. Finally, Citigroup increased their price objective on Nucor from $150.00 to $180.00 and gave the stock a “buy” rating in a report on Thursday, October 30th. Nine analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, Nucor currently has an average rating of “Moderate Buy” and an average target price of $172.80.

Nucor Price Performance

Shares of NYSE NUE opened at $161.89 on Tuesday. Nucor Corporation has a 1 year low of $97.59 and a 1 year high of $168.07. The stock has a market capitalization of $37.05 billion, a P/E ratio of 22.74, a P/E/G ratio of 1.19 and a beta of 1.85. The company’s 50-day moving average is $148.67 and its 200 day moving average is $141.17. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.77 and a quick ratio of 1.51.

Nucor (NYSE:NUE) last posted its quarterly earnings data 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. Nucor had a return on equity of 7.80% and a net margin of 5.18%.The business had revenue of $8.52 billion for the quarter, compared to analysts’ expectations of $8.27 billion. During the same period in the previous year, the firm posted $1.49 EPS. The business’s revenue was up 14.5% on a year-over-year basis. Nucor has set its Q4 2025 guidance at -2.630 EPS. On average, sell-side analysts expect that Nucor Corporation will post 7.64 earnings per share for the current year.

Nucor Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, February 11th. Investors of record on Wednesday, December 31st will be paid a $0.56 dividend. The ex-dividend date of this dividend is Wednesday, December 31st. This is a positive change from Nucor’s previous quarterly dividend of $0.55. This represents a $2.24 annualized dividend and a yield of 1.4%. Nucor’s payout ratio is currently 30.90%.

About Nucor

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.