Global Financial Private Client LLC Takes $634,000 Position in Nucor Corporation $NUE

Global Financial Private Client LLC purchased a new position in Nucor Corporation (NYSE:NUE) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 4,683 shares of the basic materials company’s stock, valued at approximately $634,000.

Several other institutional investors have also bought and sold shares of NUE. Vanguard Group Inc. increased its position in Nucor by 0.7% in the second quarter. Vanguard Group Inc. now owns 29,171,068 shares of the basic materials company’s stock worth $3,778,820,000 after buying an additional 211,741 shares during the last quarter. State Street Corp lifted its position in shares of Nucor by 3.1% during the 2nd quarter. State Street Corp now owns 12,501,779 shares of the basic materials company’s stock valued at $1,626,321,000 after buying an additional 371,911 shares during the last quarter. Berkshire Hathaway Inc bought a new position in shares of Nucor during the 2nd quarter worth $856,792,000. Norges Bank purchased a new stake in Nucor in the 2nd quarter worth about $479,858,000. Finally, Nordea Investment Management AB increased its holdings in Nucor by 10.6% in the 2nd quarter. Nordea Investment Management AB now owns 1,856,100 shares of the basic materials company’s stock worth $244,059,000 after acquiring an additional 177,420 shares during the last quarter. Hedge funds and other institutional investors own 76.48% of the company’s stock.

Insider Activity at Nucor

In other news, CFO Stephen D. Laxton sold 2,003 shares of Nucor stock in a transaction on Thursday, October 30th. The shares were sold at an average price of $151.57, for a total transaction of $303,594.71. Following the completion of the sale, the chief financial officer directly owned 88,174 shares of the company’s stock, valued at approximately $13,364,533.18. The trade was a 2.22% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Thomas J. Batterbee sold 2,000 shares of the company’s stock in a transaction on Tuesday, December 23rd. The stock was sold at an average price of $165.28, for a total transaction of $330,560.00. Following the completion of the transaction, the executive vice president owned 17,952 shares of the company’s stock, valued at $2,967,106.56. This trade represents a 10.02% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 25,995 shares of company stock valued at $3,990,634. Company insiders own 0.46% of the company’s stock.

Nucor Trading Down 0.9%

Nucor stock opened at $163.24 on Friday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.51 and a current ratio of 2.77. Nucor Corporation has a fifty-two week low of $97.59 and a fifty-two week high of $168.07. The stock has a market cap of $37.36 billion, a P/E ratio of 22.93, a PEG ratio of 1.28 and a beta of 1.87. The firm’s fifty day moving average price is $155.58 and its 200-day moving average price is $144.77.

Nucor (NYSE:NUE) last posted its earnings results on Monday, October 27th. The basic materials company reported $2.63 EPS for the quarter, topping 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 revenue was up 14.5% on a year-over-year basis. During the same period in the previous year, the business earned $1.49 earnings per share. Nucor has set its Q4 2025 guidance at -2.630 EPS. Equities research analysts forecast that Nucor Corporation will post 7.64 earnings per share for the current fiscal year.

Nucor Increases Dividend

The business also recently announced 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. This is an increase from Nucor’s previous quarterly dividend of $0.55. This represents a $2.24 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Wednesday, December 31st. Nucor’s payout ratio is 31.46%.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on NUE shares. 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 research report on Wednesday, November 12th. Bank of America raised their price objective on shares of Nucor from $150.00 to $165.00 and gave the stock a “buy” rating in a report on Monday, September 15th. UBS Group boosted their target price on shares of Nucor from $165.00 to $168.00 and gave the company a “buy” rating in a report on Wednesday, October 29th. Jefferies Financial Group raised their price target on Nucor from $170.00 to $190.00 and gave the stock a “buy” rating in a report on Wednesday, December 10th. Finally, Wells Fargo & Company set a $176.00 price objective on Nucor in a research note on Thursday, December 18th. Nine research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $172.60.

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.