Key Points
- Nucor EVP Thomas Batterbee sold 2,000 shares on December 23 at an average price of $165.28 for $330,560, reducing his stake by 10.02% to 17,952 shares (worth about $2.97M).
- Nucor beat recent quarterly expectations with $2.63 EPS vs. $2.30 estimate and $8.52B revenue vs. $8.27B expected, and the company raised its quarterly dividend to $0.56 (ex-dividend December 31, payable February 11).
- Analyst sentiment is generally positive with a consensus rating of "Moderate Buy" and a $172.60 average price target; the stock trades near its 52-week high with a market cap of about $37.9 billion and a P/E of 23.24.
Nucor Corporation (NYSE:NUE - Get Free Report) EVP Thomas Batterbee sold 2,000 shares of the company's stock in a transaction dated Tuesday, December 23rd. The stock was sold at an average price of $165.28, for a total value of $330,560.00. Following the completion of the transaction, the executive vice president owned 17,952 shares of the company's stock, valued at $2,967,106.56. The trade was a 10.02% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.
Nucor Price Performance
NUE stock opened at $165.50 on Tuesday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.51 and a current ratio of 2.77. The firm has a market cap of $37.88 billion, a P/E ratio of 23.24, a P/E/G ratio of 1.31 and a beta of 1.85. The firm's fifty day moving average is $154.06 and its 200 day moving average is $144.20. Nucor Corporation has a 52 week low of $97.59 and a 52 week high of $168.07.
Nucor (NYSE:NUE - Get Free Report) last announced its quarterly earnings results on Monday, October 27th. The basic materials company reported $2.63 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 business had revenue of $8.52 billion for the quarter, compared to analysts' expectations of $8.27 billion. During the same period in the previous year, the firm earned $1.49 EPS. The business's quarterly revenue was up 14.5% on a year-over-year basis. Nucor has set its Q4 2025 guidance at -2.630 EPS. Research analysts predict that Nucor Corporation will post 7.64 earnings per share for the current year.
Nucor Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Wednesday, February 11th. Stockholders of record on Wednesday, December 31st will be paid a dividend of $0.56 per share. This represents a $2.24 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Wednesday, December 31st. This is a positive change from Nucor's previous quarterly dividend of $0.55. Nucor's payout ratio is presently 30.90%.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently made changes to their positions in the company. Severin Investments LLC bought a new stake in shares of Nucor during the third quarter valued at approximately $207,000. Allworth Financial LP increased its holdings in shares of Nucor by 16.2% in the 3rd quarter. Allworth Financial LP now owns 1,820 shares of the basic materials company's stock worth $246,000 after purchasing an additional 254 shares in the last quarter. Investment Research Partners LLC bought a new stake in shares of Nucor in the 3rd quarter worth $652,000. Strategic Advocates LLC purchased a new position in shares of Nucor in the third quarter worth $87,000. Finally, CIBC Private Wealth Group LLC lifted its holdings in shares of Nucor by 10.1% during the third quarter. CIBC Private Wealth Group LLC now owns 17,405 shares of the basic materials company's stock valued at $2,357,000 after purchasing an additional 1,599 shares in the last quarter. Institutional investors own 76.48% of the company's stock.
Analyst Ratings Changes
NUE has been the topic of several recent research reports. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Nucor in a research note on Monday, December 15th. Citigroup upped their target price on shares of Nucor from $150.00 to $180.00 and gave the stock a "buy" rating in a research report on Thursday, October 30th. The Goldman Sachs Group lifted their price target on shares of Nucor from $173.00 to $182.00 and gave the company a "buy" rating in a research report on Wednesday, November 12th. Wells Fargo & Company set a $176.00 price objective on shares of Nucor in a report on Thursday, December 18th. Finally, Bank of America boosted their price target on Nucor from $150.00 to $165.00 and gave the stock a "buy" rating in a research report on Monday, September 15th. Nine analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, Nucor presently has an average rating of "Moderate Buy" and a consensus price target of $172.60.
Get Our Latest Analysis on Nucor
Nucor Company Profile
(
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.
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