Security National Bank of Sioux City Iowa IA Raises Stock Holdings in Nucor Corporation $NUE

Security National Bank of Sioux City Iowa IA raised its holdings in shares of Nucor Corporation (NYSE:NUE) by 17.0% in the second quarter, Holdings Channel.com reports. The firm owned 14,393 shares of the basic materials company’s stock after buying an additional 2,090 shares during the period. Nucor comprises 1.3% of Security National Bank of Sioux City Iowa IA’s portfolio, making the stock its 19th largest holding. Security National Bank of Sioux City Iowa IA’s holdings in Nucor were worth $3,206,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. increased its stake in shares of Nucor by 745.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 83,463 shares of the basic materials company’s stock worth $13,614,000 after buying an additional 73,588 shares during the last quarter. California Public Employees Retirement System boosted its stake in Nucor by 19.3% during the 1st quarter. California Public Employees Retirement System now owns 510,331 shares of the basic materials company’s stock valued at $86,297,000 after acquiring an additional 82,668 shares during the last quarter. Oppenheimer Asset Management Inc. acquired a new position in Nucor during the 2nd quarter worth $7,954,000. BIP Wealth LLC acquired a new position in Nucor during the 2nd quarter worth $852,000. Finally, Eurizon Capital SGR S.p.A. bought a new stake in shares of Nucor in the 4th quarter worth about $23,804,000. 76.48% of the stock is currently owned by hedge funds and other institutional investors.

Nucor Stock Performance

Shares of NYSE NUE traded down $16.11 during midday trading on Friday, hitting $249.03. The company’s stock had a trading volume of 3,194,489 shares, compared to its average volume of 1,579,805. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.36 and a current ratio of 2.51. Nucor Corporation has a 1-year low of $131.32 and a 1-year high of $280.11. The firm’s fifty day moving average price is $254.52 and its 200-day moving average price is $226.67. The firm has a market cap of $56.50 billion, a P/E ratio of 19.86, a P/E/G ratio of 0.94 and a beta of 1.87.

Nucor (NYSE:NUE) last released its quarterly earnings data on Monday, July 27th. The basic materials company reported $4.84 earnings per share for the quarter, topping the consensus estimate of $4.46 by $0.38. Nucor had a net margin of 7.99% and a return on equity of 12.73%. The firm had revenue of $10.40 billion for the quarter, compared to analyst estimates of $10.15 billion. During the same quarter in the prior year, the business earned $2.60 earnings per share. Nucor’s quarterly revenue was up 23.0% on a year-over-year basis. On average, sell-side analysts forecast that Nucor Corporation will post 18.52 EPS for the current fiscal year.

Nucor Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, November 10th. Investors of record on Wednesday, September 30th will be issued a $0.56 dividend. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $2.24 annualized dividend and a dividend yield of 0.9%. Nucor’s dividend payout ratio (DPR) is 17.86%.

Key Stories Impacting Nucor

Here are the key news stories impacting Nucor this week:

• Positive Sentiment: Nucor projected third-quarter EPS of $5.55–$5.65, above the $2.63 reported in the year-ago quarter and slightly above its $5.04 second-quarter result. Management expects stronger performance in its steel mills and steel products businesses, supported by improved realized prices and volumes. Nucor Expects Q3 Earnings To Be Higher YoY, Sequentially
• Positive Sentiment: The board declared a regular quarterly dividend of $0.56 per share, payable November 10 to shareholders of record September 30. It is Nucor’s 214th consecutive quarterly cash dividend, reinforcing the company’s shareholder-return record. Nucor Announces 214th Consecutive Cash Dividend
• Neutral Sentiment: Freedom Broker reaffirmed a “hold” rating but reduced its price target from $305 to $285, still implying potential upside from the current trading level. Broader analyst targets remain mixed but generally above the share price.
• Negative Sentiment: The central pressure on NUE is that the Q3 EPS forecast fell below Wall Street expectations, variously reported near $5.99–$6.17. The shortfall overshadowed the projected year-over-year and sequential improvement. Nucor Announces Guidance for the Third Quarter of 2026 Earnings
• Negative Sentiment: Investors also reacted to higher costs and the absence of a roughly $130 million cash refund that benefited the prior quarter, making the upcoming results comparison more difficult even with firm steel prices and demand. Steel Dynamics issued similarly disappointing guidance, intensifying concerns across the steel sector. Steel Dynamics and Nucor Fall as Guidance Disappoints
• Negative Sentiment: A broader market backdrop of higher oil prices and bond yields also weighed on equities, while reported insider activity showed selling and no insider purchases over the past six months.

Wall Street Analyst Weigh In

NUE has been the topic of several research analyst reports. Citigroup reaffirmed a “buy” rating on shares of Nucor in a research report on Wednesday, July 29th. KeyCorp raised Nucor from a “sector weight” rating to an “overweight” rating and set a $274.00 price objective for the company in a report on Wednesday, June 24th. Zacks Research cut Nucor from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 29th. CICC Research assumed coverage on Nucor in a report on Monday, May 25th. They set an “outperform” rating on the stock. Finally, Freedom Broker reiterated a “hold” rating and issued a $285.00 target price (down from $305.00) on shares of Nucor in a research report on Friday. Thirteen analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Nucor currently has a consensus rating of “Moderate Buy” and a consensus target price of $274.79.

Insider Activity at Nucor

In other Nucor news, COO Stephen D. Laxton sold 3,968 shares of the firm’s stock in a transaction on Thursday, July 30th. The stock was sold at an average price of $256.96, for a total value of $1,019,617.28. Following the sale, the chief operating officer directly owned 77,867 shares in the company, valued at approximately $20,008,704.32. This trade represents a 4.85% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Thomas J. Batterbee sold 4,000 shares of the business’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $261.02, for a total transaction of $1,044,080.00. Following the transaction, the executive vice president directly owned 16,138 shares of the company’s stock, valued at approximately $4,212,340.76. This trade represents a 19.86% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.62% of the company’s stock.

Nucor Profile

Nucor Corporation is a Charlotte, North Carolina-based steel and steel products company. It manufactures carbon, alloy and stainless steel products, including sheet, plate, bar, structural steel, rail, wire rod, rebar and merchant bar. The company also produces steel joists, deck, beams, piling, wire products, fasteners, grating, metal building systems and other fabricated steel products.

Nucor operates an integrated network of electric arc furnace steel mills, recycling facilities and downstream manufacturing operations.