13,282 Shares in Nucor Corporation $NUE Bought by Vise Technologies Inc.

Vise Technologies Inc. acquired a new position in Nucor Corporation (NYSE:NUE) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 13,282 shares of the basic materials company’s stock, valued at approximately $1,721,000.

Other large investors also recently modified their holdings of the company. Matrix Trust Co grew its position in shares of Nucor by 53.8% during the 2nd quarter. Matrix Trust Co now owns 240 shares of the basic materials company’s stock valued at $31,000 after buying an additional 84 shares during the last quarter. Geneos Wealth Management Inc. boosted its stake in Nucor by 81.8% in the first quarter. Geneos Wealth Management Inc. now owns 340 shares of the basic materials company’s stock valued at $41,000 after acquiring an additional 153 shares during the period. Meeder Asset Management Inc. grew its holdings in shares of Nucor by 209.6% during the first quarter. Meeder Asset Management Inc. now owns 418 shares of the basic materials company’s stock valued at $50,000 after purchasing an additional 283 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its position in shares of Nucor by 49.8% during the 2nd 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. Finally, Proathlete Wealth Management LLC bought a new stake in shares of Nucor in the 2nd quarter worth approximately $58,000. 76.48% of the stock is currently owned by institutional investors.

Insider Transactions at Nucor

In other Nucor news, EVP Kenneth Rex Query sold 10,000 shares of the company’s stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $144.90, for a total value of $1,449,000.00. Following the completion of the sale, the executive vice president directly owned 84,080 shares of the company’s stock, valued at approximately $12,183,192. This represents a 10.63% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Stephen D. Laxton sold 2,003 shares of the firm’s stock in a transaction dated Thursday, October 30th. The shares were sold at an average price of $151.57, for a total transaction of $303,594.71. Following the transaction, the chief financial officer owned 88,174 shares of the company’s stock, valued at approximately $13,364,533.18. This trade represents a 2.22% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 34,333 shares of company stock valued at $5,075,189 in the last quarter. 0.46% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of research analysts recently commented on NUE shares. Weiss Ratings restated a “hold (c)” rating on shares of Nucor in a research note on Wednesday, October 8th. Wall Street Zen cut Nucor from a “buy” rating to a “hold” rating in a research note on Sunday. BMO Capital Markets restated an “outperform” rating on shares of Nucor in a research report on Wednesday, October 29th. Bank of America increased their price objective on shares of Nucor from $150.00 to $165.00 and gave the stock a “buy” rating in a report on Monday, September 15th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Nucor from $172.00 to $175.00 and gave the company an “overweight” rating in a research report on Wednesday, October 29th. Eight analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $164.30.

Nucor Price Performance

NYSE NUE opened at $143.99 on Wednesday. Nucor Corporation has a 12 month low of $97.59 and a 12 month high of $158.48. The firm has a market capitalization of $33.05 billion, a PE ratio of 20.22, a P/E/G ratio of 1.14 and a beta of 1.80. The company’s 50 day simple moving average is $140.36 and its 200 day simple moving average is $134.18. 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 issued 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 firm had revenue of $8.52 billion during the quarter, compared to analyst estimates of $8.27 billion. During the same period last year, the company posted $1.49 EPS. The firm’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 forecast that Nucor Corporation will post 7.64 EPS for the current fiscal year.

Nucor Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, November 10th. Investors of record on Tuesday, September 30th were issued a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend was Tuesday, September 30th. Nucor’s payout ratio is presently 30.90%.

Nucor Company 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.