Nucor (NYSE:NUE) Lowered to Hold Rating by Wall Street Zen

Nucor (NYSE:NUE) was downgraded by analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research note issued to investors on Saturday.

NUE has been the topic of a number of other research reports. BMO Capital Markets restated an “outperform” rating on shares of Nucor in a report on Wednesday, October 29th. Weiss Ratings restated a “hold (c-)” rating on shares of Nucor in a report on Monday. Morgan Stanley boosted their price target on Nucor from $152.00 to $165.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 28th. Bank of America raised their price objective on Nucor from $150.00 to $165.00 and gave the company a “buy” rating in a research note on Monday, September 15th. Finally, Citigroup upped their target price on Nucor from $150.00 to $180.00 and gave the stock a “buy” rating in a research report on Thursday, October 30th. Nine equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $172.60.

Nucor Stock Performance

Shares of NUE stock opened at $158.78 on Friday. Nucor has a fifty-two week low of $97.59 and a fifty-two week high of $168.07. The stock’s 50-day moving average is $150.56 and its two-hundred day moving average is $142.06. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.77 and a quick ratio of 1.51. The firm has a market cap of $36.34 billion, a P/E ratio of 22.30, a PEG ratio of 1.22 and a beta of 1.85.

Nucor (NYSE:NUE) last announced its quarterly earnings results on Monday, October 27th. The basic materials company reported $2.63 EPS 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 return on equity of 7.80% and a net margin of 5.18%.The firm’s quarterly revenue was up 14.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.49 EPS. Nucor has set its Q4 2025 guidance at -2.630 EPS. Analysts predict that Nucor will post 7.64 earnings per share for the current fiscal year.

Insider Activity

In other news, EVP John J. Hollatz sold 7,000 shares of the business’s 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 owned 96,550 shares in the company, valued at approximately $14,470,914. The trade was a 6.76% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Allen C. Behr sold 9,042 shares of the business’s stock in a transaction that occurred on 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 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 disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 18,045 shares of company stock valued at $2,720,628. 0.46% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in NUE. Severin Investments LLC bought a new position in Nucor in the 3rd quarter worth approximately $207,000. Allworth Financial LP increased its position in Nucor by 16.2% in the third quarter. Allworth Financial LP now owns 1,820 shares of the basic materials company’s stock worth $246,000 after purchasing an additional 254 shares during the period. Investment Research Partners LLC bought a new stake in Nucor during the 3rd quarter worth about $652,000. Strategic Advocates LLC acquired a new position in Nucor during the 3rd quarter valued at about $87,000. Finally, CIBC Private Wealth Group LLC boosted its stake in shares of Nucor by 10.1% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 17,405 shares of the basic materials company’s stock valued at $2,357,000 after purchasing an additional 1,599 shares during the last quarter. 76.48% of the stock is owned by institutional investors.

About Nucor

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.