Dakota Wealth Management Invests $2.28 Million in Nucor Corporation $NUE

Dakota Wealth Management purchased a new stake in shares of Nucor Corporation (NYSE:NUE) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 13,981 shares of the basic materials company’s stock, valued at approximately $2,281,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Rosenberg Matthew Hamilton lifted its holdings in Nucor by 3.6% during the 4th quarter. Rosenberg Matthew Hamilton now owns 2,011 shares of the basic materials company’s stock worth $328,000 after buying an additional 69 shares in the last quarter. Whittier Trust Co. boosted its position in Nucor by 5.6% in the 3rd quarter. Whittier Trust Co. now owns 1,330 shares of the basic materials company’s stock valued at $184,000 after buying an additional 70 shares during the last quarter. HUB Investment Partners LLC increased its stake in shares of Nucor by 1.9% in the 2nd quarter. HUB Investment Partners LLC now owns 4,099 shares of the basic materials company’s stock valued at $531,000 after buying an additional 75 shares during the period. Versant Capital Management Inc increased its stake in shares of Nucor by 23.2% in the 3rd quarter. Versant Capital Management Inc now owns 425 shares of the basic materials company’s stock valued at $58,000 after buying an additional 80 shares during the period. Finally, True North Advisors LLC raised its position in shares of Nucor by 3.9% during the third quarter. True North Advisors LLC now owns 2,195 shares of the basic materials company’s stock worth $297,000 after acquiring an additional 82 shares during the last quarter. Institutional investors and hedge funds own 76.48% of the company’s stock.

Key Nucor News

Here are the key news stories impacting Nucor this week:

• Positive Sentiment: Company issued stronger Q1 2026 EPS guidance of $2.70–$2.80 and management noted improving mill backlog and limited direct energy exposure, which analysts say helps insulate results from geopolitical risk. Read More.
• Positive Sentiment: UBS upgraded NUE to Buy (price target $190, up from $184), calling the recent pullback an “excessive correction” and a buying opportunity—this provides a high‑profile bullish catalyst and implies ~16% upside to the new PT. Read More.
• Positive Sentiment: Seaport Research reiterated a Buy and maintained a $185 target following Nucor’s Q1 pre‑announcement, flagging improving profitability expectations. Read More.
• Neutral Sentiment: KeyCorp initiated coverage on Nucor (coverage initiation can add visibility but impact depends on the assigned rating and model assumptions). Read More.
• Neutral Sentiment: Zacks industry outlook highlighted Nucor among steel peers—notes mixed demand headwinds but supportive factors like rising steel prices and non‑residential construction. Read More.
• Negative Sentiment: Recent quarterly results fell short of consensus (Q4 EPS $1.73 vs. $1.91 est.; revenue $7.69B vs. $7.93B est.), creating short‑term headwinds. Combined with macro/geopolitical driven risk aversion (Middle East conflict), this helps explain intraday weakness despite the bullish analyst moves.

Insiders Place Their Bets

In other news, EVP Daniel R. Needham sold 3,881 shares of the stock in a transaction on Friday, January 30th. The shares were sold at an average price of $178.00, for a total transaction of $690,818.00. Following the completion of the sale, the executive vice president owned 88,298 shares of the company’s stock, valued at $15,717,044. This represents a 4.21% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Allen C. Behr sold 7,568 shares of the business’s stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $188.50, for a total transaction of $1,426,568.00. Following the completion of the sale, the executive vice president directly owned 67,711 shares in the company, valued at $12,763,523.50. This represents a 10.05% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 26,401 shares of company stock worth $4,936,152. Company insiders own 0.46% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently issued reports on NUE. BNP Paribas Exane raised their price target on Nucor from $165.00 to $185.00 and gave the company an “outperform” rating in a report on Friday, January 2nd. UBS Group upgraded shares of Nucor from a “neutral” rating to a “buy” rating and upped their target price for the company from $184.00 to $190.00 in a research report on Thursday. Morgan Stanley reaffirmed an “equal weight” rating and issued a $180.00 target price (up from $165.00) on shares of Nucor in a research note on Friday, January 9th. Weiss Ratings reiterated a “hold (c)” rating on shares of Nucor in a research report on Monday, December 29th. Finally, BMO Capital Markets boosted their price target on shares of Nucor from $190.00 to $196.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 3rd. Nine equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $188.90.

Nucor Trading Down 1.5%

Shares of NYSE NUE opened at $163.48 on Friday. Nucor Corporation has a twelve month low of $97.59 and a twelve month high of $196.90. The stock has a market cap of $37.23 billion, a price-to-earnings ratio of 21.68, a P/E/G ratio of 0.59 and a beta of 1.83. The company has a quick ratio of 1.57, a current ratio of 2.94 and a debt-to-equity ratio of 0.31. The company’s fifty day moving average is $175.87 and its 200-day moving average is $159.62.

Nucor (NYSE:NUE) last posted its earnings results on Monday, January 26th. The basic materials company reported $1.73 earnings per share for the quarter, missing the consensus estimate of $1.91 by ($0.18). Nucor had a return on equity of 8.26% and a net margin of 5.37%.The business had revenue of $7.69 billion for the quarter, compared to the consensus estimate of $7.93 billion. During the same quarter in the prior year, the firm posted $1.22 earnings per share. The business’s revenue was up 8.6% on a year-over-year basis. Equities research analysts predict that Nucor Corporation will post 7.64 EPS for the current year.

Nucor announced that its Board of Directors has initiated a share buyback plan on Friday, February 20th that permits the company to repurchase $4.00 billion in outstanding shares. This repurchase authorization permits the basic materials company to buy up to 9.7% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s board believes its shares are undervalued.

Nucor Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, May 11th. Investors of record on Tuesday, March 31st will be paid a dividend of $0.56 per share. This represents a $2.24 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Tuesday, March 31st. Nucor’s dividend payout ratio is presently 29.71%.

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.