Insigneo Advisory Services LLC Takes Position in Nucor Corporation $NUE

Insigneo Advisory Services LLC purchased a new position in Nucor Corporation (NYSE:NUE) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 1,943 shares of the basic materials company’s stock, valued at approximately $252,000.

A number of other large investors also recently added to or reduced their stakes in NUE. Nuveen LLC acquired a new stake in shares of Nucor in the first quarter valued at about $141,216,000. Massachusetts Financial Services Co. MA purchased a new position in Nucor in the 2nd quarter valued at about $105,435,000. Vanguard Group Inc. boosted its holdings in Nucor by 2.6% in the 1st quarter. Vanguard Group Inc. now owns 28,959,327 shares of the basic materials company’s stock worth $3,484,965,000 after buying an additional 745,671 shares during the last quarter. Allspring Global Investments Holdings LLC increased its stake in Nucor by 355.7% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 539,310 shares of the basic materials company’s stock worth $72,327,000 after buying an additional 420,970 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD raised its holdings in shares of Nucor by 18.2% during the first quarter. Price T Rowe Associates Inc. MD now owns 2,309,452 shares of the basic materials company’s stock valued at $277,920,000 after acquiring an additional 355,364 shares during the last quarter. 76.48% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Nucor news, EVP Allen C. Behr sold 9,042 shares of Nucor stock in a transaction dated Thursday, October 30th. The shares were sold at an average price of $151.28, for a total transaction of $1,367,873.76. Following the completion of the sale, the executive vice president directly owned 73,661 shares in the company, valued at $11,143,436.08. This trade represents a 10.93% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Stephen D. Laxton sold 2,003 shares of the business’s stock in a transaction that occurred 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 in the company, valued at $13,364,533.18. This trade represents a 2.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 18,045 shares of company stock valued at $2,720,628. 0.71% of the stock is currently owned by insiders.

Nucor Stock Performance

NYSE:NUE opened at $159.08 on Thursday. The company’s 50-day moving average is $141.95 and its two-hundred day moving average is $136.56. Nucor Corporation has a 1-year low of $97.59 and a 1-year high of $159.42. 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 firm has a market capitalization of $36.41 billion, a price-to-earnings ratio of 22.34, a PEG ratio of 1.14 and a beta of 1.80.

Nucor (NYSE:NUE) last released its quarterly earnings data on Monday, October 27th. The basic materials company reported $2.63 EPS for the quarter, beating analysts’ consensus estimates of $2.30 by $0.33. The firm had revenue of $8.52 billion for 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 quarterly revenue was up 14.5% on a year-over-year basis. During the same period in the prior year, the firm posted $1.49 earnings per share. Nucor has set its Q4 2025 guidance at -2.630 EPS. Analysts forecast that Nucor Corporation will post 7.64 EPS for the current year.

Nucor Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, November 10th. Stockholders of record on Tuesday, September 30th were issued a dividend of $0.55 per share. The ex-dividend date was Tuesday, September 30th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.4%. Nucor’s dividend payout ratio is currently 30.90%.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on NUE. Morgan Stanley lifted their price target on Nucor from $152.00 to $165.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 28th. Citigroup raised their price objective on Nucor from $150.00 to $180.00 and gave the company a “buy” rating in a report on Thursday, October 30th. UBS Group upped their target price on shares of Nucor from $165.00 to $168.00 and gave the stock a “buy” rating in a report on Wednesday, October 29th. Weiss Ratings reissued a “hold (c-)” rating on shares of Nucor in a research note on Tuesday. Finally, Wells Fargo & Company upgraded shares of Nucor from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $147.00 to $167.00 in a research report on Friday, November 14th. Nine investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $167.20.

Nucor Profile

Nucor Corporation engages in manufacture and sale of steel and steel products. It operates in three segments: steel mills, steel products, and raw materials. The Steel Mills segment produces hot-rolled, cold-rolled, and galvanized sheet steel products; plate steel products; wide-flange beams, beam blanks, and H-piling and sheet piling structural steel products; bar steel products, such as blooms, billets, concrete reinforcing and merchant bars, and engineered special bar quality products; and engages in the steel trading and rebar distribution businesses.