Nucor (NYSE:NUE) EVP Thomas Batterbee Sells 2,000 Shares

Nucor Corporation (NYSE:NUEGet Free Report) EVP Thomas Batterbee sold 2,000 shares of Nucor stock in a transaction dated Tuesday, December 23rd. The shares were sold at an average price of $165.28, for a total transaction of $330,560.00. Following the transaction, the executive vice president owned 17,952 shares of the company’s stock, valued at $2,967,106.56. This represents a 10.02% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Nucor Trading Down 0.5%

NUE opened at $165.50 on Tuesday. Nucor Corporation has a fifty-two week low of $97.59 and a fifty-two week high of $168.07. The firm has a market capitalization of $37.88 billion, a PE ratio of 23.24, a P/E/G ratio of 1.31 and a beta of 1.85. 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 company’s 50-day moving average is $154.06 and its 200 day moving average is $144.20.

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

Nucor Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 11th. Shareholders of record on Wednesday, December 31st will be paid a dividend of $0.56 per share. This is a boost from Nucor’s previous quarterly dividend of $0.55. The ex-dividend date is Wednesday, December 31st. This represents a $2.24 annualized dividend and a yield of 1.4%. Nucor’s dividend payout ratio (DPR) is 30.90%.

Institutional Trading of Nucor

Several institutional investors and hedge funds have recently bought and sold shares of the company. Stance Capital LLC bought a new position in shares of Nucor in the third quarter worth approximately $25,000. IMA Advisory Services Inc. grew its stake in Nucor by 51.4% in the 2nd quarter. IMA Advisory Services Inc. now owns 221 shares of the basic materials company’s stock worth $29,000 after buying an additional 75 shares in the last quarter. Matrix Trust Co increased its holdings in shares of 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. AXS Investments LLC bought a new position in shares of Nucor in the 3rd quarter worth $37,000. Finally, Vision Financial Markets LLC raised its position in shares of Nucor by 281.7% during the 3rd quarter. Vision Financial Markets LLC now owns 271 shares of the basic materials company’s stock valued at $37,000 after buying an additional 200 shares in the last quarter. 76.48% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. Wells Fargo & Company set a $176.00 target price on Nucor in a report on Thursday, December 18th. UBS Group upped their price objective on Nucor from $165.00 to $168.00 and gave the company a “buy” rating in a research note on Wednesday, October 29th. JPMorgan Chase & Co. raised their target price on Nucor from $175.00 to $200.00 and gave the company an “overweight” rating in a research report on Friday, December 5th. Wall Street Zen downgraded shares of Nucor from a “buy” rating to a “hold” rating in a report on Saturday, December 20th. Finally, BMO Capital Markets restated an “outperform” rating on shares of Nucor in a research report on Wednesday, October 29th. Nine analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $172.60.

Read Our Latest Research Report on Nucor

About Nucor

(Get Free Report)

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.

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