Nucor (NYSE:NUE) Price Target Raised to $196.00

Nucor (NYSE:NUE) had its price objective boosted by The Goldman Sachs Group from $182.00 to $196.00 in a research report report published on Friday,MarketScreener reports. They currently have a buy rating on the basic materials company’s stock.

Several other research analysts have also recently weighed in on NUE. JPMorgan Chase & Co. lifted their price target on shares of Nucor from $175.00 to $200.00 and gave the stock an “overweight” rating in a research note on Friday, December 5th. Wells Fargo & Company set a $176.00 target price on Nucor in a report on Thursday, December 18th. Jefferies Financial Group boosted their price target on Nucor from $190.00 to $200.00 and gave the company a “buy” rating in a report on Monday, January 12th. BMO Capital Markets restated an “outperform” rating on shares of Nucor in a research report on Wednesday, October 29th. Finally, UBS Group lifted their price objective on Nucor from $165.00 to $168.00 and gave the company a “buy” rating in a research report on Wednesday, October 29th. Nine research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $177.27.

Nucor Stock Performance

NUE stock opened at $174.37 on Friday. 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 has a 1 year low of $97.59 and a 1 year high of $175.94. The company has a market cap of $39.91 billion, a P/E ratio of 24.49, a price-to-earnings-growth ratio of 0.95 and a beta of 1.87. The stock’s fifty day moving average price is $160.47 and its 200-day moving average price is $148.15.

Nucor (NYSE:NUE) last released its quarterly earnings results on Monday, October 27th. The basic materials company reported $2.63 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $8.27 billion. During the same period in the previous year, the company posted $1.49 EPS. The business’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 analysts forecast that Nucor will post 7.64 earnings per share for the current 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 dividend of $0.56 per share. 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 1.3%. Nucor’s dividend payout ratio is 31.46%.

Insider Activity at Nucor

In related news, EVP Allen C. Behr sold 5,950 shares of the firm’s stock in a transaction on Friday, December 19th. The shares were sold at an average price of $157.89, for a total value of $939,445.50. Following the completion of the transaction, the executive vice president directly owned 67,711 shares of the company’s stock, valued at approximately $10,690,889.79. This trade represents a 8.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Thomas J. Batterbee sold 2,000 shares of the business’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 sale, the executive vice president owned 17,952 shares in the company, valued at $2,967,106.56. This represents a 10.02% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 25,995 shares of company stock worth $3,990,634 in the last quarter. 0.46% of the stock is owned by company insiders.

Institutional Trading of Nucor

Several hedge funds have recently made changes to their positions in NUE. Stance Capital LLC bought a new stake in shares of Nucor during the 3rd quarter worth approximately $25,000. IMA Advisory Services Inc. increased its stake in Nucor by 51.4% in the second quarter. IMA Advisory Services Inc. now owns 221 shares of the basic materials company’s stock worth $29,000 after purchasing an additional 75 shares during the period. Matrix Trust Co lifted its position in shares of Nucor by 53.8% during the second quarter. Matrix Trust Co now owns 240 shares of the basic materials company’s stock worth $31,000 after purchasing an additional 84 shares during the last quarter. AXS Investments LLC bought a new stake in shares of Nucor during the third quarter worth $37,000. Finally, Vision Financial Markets LLC boosted its stake in shares of Nucor by 281.7% during the third quarter. Vision Financial Markets LLC now owns 271 shares of the basic materials company’s stock valued at $37,000 after purchasing an additional 200 shares during the period. 76.48% of the stock is currently owned by hedge funds and other 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.