Meeder Asset Management Inc. Buys 26,764 Shares of Nucor Corporation $NUE

Meeder Asset Management Inc. increased its position in shares of Nucor Corporation (NYSE:NUE) by 1,448.3% during the 3rd quarter, Holdings Channel reports. The fund owned 28,612 shares of the basic materials company’s stock after buying an additional 26,764 shares during the quarter. Meeder Asset Management Inc.’s holdings in Nucor were worth $3,875,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the company. Bayforest Capital Ltd raised its holdings in Nucor by 32.0% in the third quarter. Bayforest Capital Ltd now owns 2,329 shares of the basic materials company’s stock worth $315,000 after purchasing an additional 564 shares during the period. Forum Financial Management LP grew its holdings in shares of Nucor by 32.5% in the 3rd quarter. Forum Financial Management LP now owns 4,204 shares of the basic materials company’s stock valued at $569,000 after buying an additional 1,032 shares during the period. Legacy Trust bought a new stake in shares of Nucor in the 3rd quarter valued at $259,000. Sumitomo Mitsui DS Asset Management Company Ltd increased its position in shares of Nucor by 0.7% in the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 36,018 shares of the basic materials company’s stock valued at $4,878,000 after buying an additional 254 shares in the last quarter. Finally, Jessup Wealth Management Inc raised its stake in Nucor by 1.8% during the 3rd quarter. Jessup Wealth Management Inc now owns 11,072 shares of the basic materials company’s stock worth $1,499,000 after buying an additional 194 shares during the period. Institutional investors and hedge funds own 76.48% of the company’s stock.

Insider Transactions at Nucor

In related news, EVP John J. Hollatz sold 7,000 shares of the business’s stock in a transaction on Wednesday, November 12th. The stock was sold at an average price of $149.88, for a total value of $1,049,160.00. Following the completion of the sale, the executive vice president directly owned 96,550 shares in the company, valued at $14,470,914. The trade was a 6.76% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Thomas J. Batterbee sold 2,000 shares of the stock in a transaction on Tuesday, December 23rd. The stock was sold at an average price of $165.28, for a total value of $330,560.00. Following the transaction, the executive vice president owned 17,952 shares in the company, valued at $2,967,106.56. The trade was a 10.02% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 25,995 shares of company stock valued at $3,990,634. Company insiders own 0.71% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently issued reports on NUE. BNP Paribas Exane increased their price objective on shares of Nucor from $165.00 to $185.00 and gave the stock an “outperform” rating in a research report on Friday, January 2nd. Jefferies Financial Group increased their price objective on Nucor from $170.00 to $190.00 and gave the stock a “buy” rating in a report on Wednesday, December 10th. UBS Group boosted their target price on Nucor from $165.00 to $168.00 and gave the company a “buy” rating in a research note on Wednesday, October 29th. The Goldman Sachs Group raised their price target on shares of Nucor from $173.00 to $182.00 and gave the stock a “buy” rating in a research note on Wednesday, November 12th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Nucor in a research report on Monday, December 29th. Nine research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $175.09.

Nucor Trading Down 2.6%

NUE stock opened at $163.57 on Monday. Nucor Corporation has a one year low of $97.59 and a one year high of $171.94. The stock has a market cap of $37.43 billion, a price-to-earnings ratio of 22.97, a price-to-earnings-growth ratio of 0.88 and a beta of 1.87. The company has a fifty day moving average price of $157.86 and a two-hundred day moving average price of $146.80. 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 (NYSE:NUE) last announced 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. Nucor had a net margin of 5.18% and a return on equity of 7.80%. The business had revenue of $8.52 billion during the quarter, compared to the consensus estimate of $8.27 billion. During the same quarter in the previous year, the firm posted $1.49 EPS. Nucor’s revenue was up 14.5% compared to the same quarter last year. Nucor has set its Q4 2025 guidance at -2.630 EPS. Equities analysts anticipate that Nucor Corporation will post 7.64 EPS for the current year.

Nucor Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, February 11th. Investors of record on Wednesday, December 31st will be issued a dividend of $0.56 per share. This represents a $2.24 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Wednesday, December 31st. This is an increase from Nucor’s previous quarterly dividend of $0.55. Nucor’s payout ratio is 31.46%.

Nucor Company Profile

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.