Key Points
- EVP Allen Behr sold 5,950 shares on Dec. 19 at an average price of $157.89 for a total of $939,445.50, trimming his stake by 8.08% to 67,711 shares (about $10.69M).
- Nucor beat quarterly estimates with $2.63 EPS and $8.52B revenue (up 14.5% YoY) and raised its quarterly dividend to $0.56 (annual $2.24, yield 1.4%).
Nucor Corporation (NYSE:NUE - Get Free Report) EVP Allen Behr sold 5,950 shares of the firm's stock in a transaction dated Friday, December 19th. The stock was sold at an average price of $157.89, for a total transaction of $939,445.50. Following the sale, the executive vice president owned 67,711 shares of the company's stock, valued at approximately $10,690,889.79. This represents a 8.08% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.
Nucor Stock Down 0.4%
Shares of NUE opened at $163.59 on Wednesday. The firm has a market cap of $37.44 billion, a P/E ratio of 22.98, a price-to-earnings-growth ratio of 1.28 and a beta of 1.85. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.51 and a current ratio of 2.77. Nucor Corporation has a 52 week low of $97.59 and a 52 week high of $168.07. The firm's 50-day simple moving average is $151.61 and its 200 day simple moving average is $142.95.
Nucor (NYSE:NUE - Get Free Report) last issued its quarterly earnings data on Monday, October 27th. The basic materials company reported $2.63 earnings per share (EPS) for the quarter, topping 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 company had revenue of $8.52 billion during the quarter, compared to analysts' expectations of $8.27 billion. During the same quarter in the previous year, the company posted $1.49 earnings per share. The business's revenue was up 14.5% on a year-over-year basis. Nucor has set its Q4 2025 guidance at -2.630 EPS. On average, analysts forecast that Nucor Corporation will post 7.64 earnings per share for the current 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 $0.56 dividend. 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 currently 30.90%.
Analyst Upgrades and Downgrades
A number of research firms have recently weighed in on NUE. Wall Street Zen downgraded Nucor from a "buy" rating to a "hold" rating in a report on Saturday. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Nucor in a research report on Monday, December 15th. Wells Fargo & Company set a $176.00 price objective on shares of Nucor in a research note on Thursday, December 18th. Citigroup boosted their price objective on shares of Nucor from $150.00 to $180.00 and gave the company a "buy" rating in a report on Thursday, October 30th. Finally, Jefferies Financial Group increased their target price on shares of Nucor from $170.00 to $190.00 and gave the stock a "buy" rating in a research report on Wednesday, December 10th. Nine investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $172.60.
View Our Latest Analysis on Nucor
Hedge Funds Weigh In On Nucor
Several hedge funds have recently bought and sold shares of the company. Hudson Capital Management LLC increased its stake in Nucor by 6.6% in the second quarter. Hudson Capital Management LLC now owns 34,784 shares of the basic materials company's stock valued at $4,506,000 after acquiring an additional 2,154 shares during the last quarter. Robeco Institutional Asset Management B.V. boosted its holdings in shares of Nucor by 138.5% in the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 121,543 shares of the basic materials company's stock valued at $15,745,000 after purchasing an additional 70,581 shares in the last quarter. Fidelis Capital Partners LLC bought a new position in shares of Nucor in the 2nd quarter valued at $236,000. Oppenheimer Asset Management Inc. acquired a new position in shares of Nucor during the 2nd quarter worth $5,225,000. Finally, Busey Bank lifted its position in shares of Nucor by 40.1% during the 2nd quarter. Busey Bank now owns 111,938 shares of the basic materials company's stock worth $14,500,000 after buying an additional 32,044 shares during the last quarter. 76.48% of the stock is owned by institutional investors.
About Nucor
(
Get Free Report)
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.
Further Reading
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