Pacer Advisors Inc. Purchases 4,366 Shares of Nucor Corporation $NUE

Pacer Advisors Inc. raised its position in Nucor Corporation (NYSE:NUE) by 17.0% during the third quarter, according to its most recent filing with the SEC. The firm owned 30,068 shares of the basic materials company’s stock after purchasing an additional 4,366 shares during the period. Pacer Advisors Inc.’s holdings in Nucor were worth $4,072,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of the company. IMA Advisory Services Inc. lifted its holdings in Nucor by 51.4% in the second quarter. IMA Advisory Services Inc. now owns 221 shares of the basic materials company’s stock valued at $29,000 after buying an additional 75 shares during the period. Matrix Trust Co lifted its stake in shares of Nucor by 53.8% in the 2nd quarter. Matrix Trust Co now owns 240 shares of the basic materials company’s stock valued at $31,000 after purchasing an additional 84 shares during the period. Elevation Point Wealth Partners LLC acquired a new position in shares of Nucor in the 2nd quarter valued at about $39,000. Geneos Wealth Management Inc. boosted its position in shares of Nucor by 81.8% during the 1st quarter. Geneos Wealth Management Inc. now owns 340 shares of the basic materials company’s stock valued at $41,000 after purchasing an additional 153 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. grew its stake in Nucor by 49.8% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 442 shares of the basic materials company’s stock worth $57,000 after purchasing an additional 147 shares during the period. 76.48% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have issued reports on NUE shares. JPMorgan Chase & Co. increased their price target on Nucor from $175.00 to $200.00 and gave the stock an “overweight” rating in a report on Friday, December 5th. Bank of America boosted their target price on shares of Nucor from $150.00 to $165.00 and gave the company a “buy” rating in a research report on Monday, September 15th. Wall Street Zen cut shares of Nucor from a “buy” rating to a “hold” rating in a report on Saturday, December 20th. Morgan Stanley upped their price objective on shares of Nucor from $152.00 to $165.00 and gave the company an “overweight” rating in a report on Tuesday, October 28th. Finally, Jefferies Financial Group raised their target price on Nucor from $170.00 to $190.00 and gave the company a “buy” rating in a research note on Wednesday, December 10th. Nine research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $172.60.

Insider Activity

In other news, CFO Stephen D. Laxton sold 2,003 shares of the stock in a transaction dated Thursday, October 30th. The shares were sold at an average price of $151.57, for a total value of $303,594.71. Following the completion of the sale, the chief financial officer owned 88,174 shares in the company, valued at $13,364,533.18. This represents a 2.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Thomas J. Batterbee sold 2,000 shares of the firm’s stock in a transaction dated Tuesday, December 23rd. The shares were sold at an average price of $165.28, for a total transaction of $330,560.00. Following the transaction, the executive vice president directly owned 17,952 shares in the company, valued at $2,967,106.56. The trade was a 10.02% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 25,995 shares of company stock worth $3,990,634. 0.71% of the stock is owned by insiders.

Nucor Trading Down 0.5%

NYSE:NUE opened at $165.50 on Tuesday. 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 Corporation has a one year low of $97.59 and a one year high of $168.07. The company has a market cap of $37.88 billion, a PE ratio of 23.24, a PEG ratio of 1.31 and a beta of 1.85. The firm has a 50-day moving average of $154.06 and a 200-day moving average of $144.20.

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 quarter in the previous year, the business earned $1.49 EPS. The company’s quarterly revenue was up 14.5% on a year-over-year basis. Nucor has set its Q4 2025 guidance at -2.630 EPS. As a group, equities research analysts expect that Nucor Corporation will post 7.64 EPS for the current fiscal year.

Nucor Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 11th. Shareholders of record on Wednesday, December 31st will be issued a dividend of $0.56 per share. The ex-dividend date of this dividend is Wednesday, December 31st. This represents a $2.24 dividend on an annualized basis and a yield of 1.4%. This is a positive change from Nucor’s previous quarterly dividend of $0.55. Nucor’s payout ratio is presently 30.90%.

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.