Universal Beteiligungs und Servicegesellschaft mbH Buys 14,106 Shares of Nucor Corporation $NUE

Universal Beteiligungs und Servicegesellschaft mbH increased its stake in Nucor Corporation (NYSE:NUE) by 11.7% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 135,065 shares of the basic materials company’s stock after acquiring an additional 14,106 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Nucor were worth $17,496,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the stock. MTM Investment Management LLC acquired a new stake in Nucor during the 2nd quarter valued at approximately $116,000. Rockefeller Capital Management L.P. boosted its stake in shares of Nucor by 113.6% in the 2nd quarter. Rockefeller Capital Management L.P. now owns 55,703 shares of the basic materials company’s stock valued at $7,216,000 after purchasing an additional 29,625 shares during the last quarter. Citizens Financial Group Inc. RI boosted its stake in shares of Nucor by 7.1% in the 2nd quarter. Citizens Financial Group Inc. RI now owns 5,131 shares of the basic materials company’s stock valued at $665,000 after purchasing an additional 338 shares during the last quarter. Intech Investment Management LLC increased its position in shares of Nucor by 266.7% during the second quarter. Intech Investment Management LLC now owns 95,121 shares of the basic materials company’s stock worth $12,322,000 after buying an additional 69,178 shares during the period. Finally, Cetera Investment Advisers raised its stake in Nucor by 12.3% during the second quarter. Cetera Investment Advisers now owns 132,577 shares of the basic materials company’s stock worth $17,174,000 after buying an additional 14,558 shares during the last quarter. 76.48% of the stock is currently owned by institutional investors.

Nucor Stock Down 0.1%

Shares of NYSE:NUE opened at $148.55 on Wednesday. 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 $158.48. The business’s 50 day simple moving average is $140.70 and its two-hundred day simple moving average is $135.17. The firm has a market cap of $34.00 billion, a P/E ratio of 20.86, a PEG ratio of 1.14 and a beta of 1.80.

Nucor (NYSE:NUE) last issued its earnings results on Monday, October 27th. The basic materials company reported $2.63 earnings per share 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 for the quarter, compared to analyst estimates of $8.27 billion. During the same period in the prior year, the firm earned $1.49 earnings per share. Nucor’s revenue for the quarter was up 14.5% on a year-over-year basis. Nucor has set its Q4 2025 guidance at -2.630 EPS. As a group, research analysts forecast that Nucor Corporation will post 7.64 EPS for the current fiscal year.

Nucor Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on NUE. 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 report on Monday, September 15th. Wells Fargo & Company raised Nucor from an “equal weight” rating to an “overweight” rating and boosted their price objective for the company from $147.00 to $167.00 in a research note on Friday, November 14th. UBS Group raised their target price on Nucor from $165.00 to $168.00 and gave the stock a “buy” rating in a research note on Wednesday, October 29th. JPMorgan Chase & Co. lifted their target price on Nucor from $172.00 to $175.00 and gave the stock an “overweight” rating in a report on Wednesday, October 29th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Nucor in a report on Wednesday, October 8th. Nine equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, Nucor has a consensus rating of “Moderate Buy” and a consensus price target of $167.20.

Insider Buying and Selling at Nucor

In related news, insider Michael D. Keller sold 6,088 shares of the company’s stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $148.41, for a total value of $903,520.08. Following the sale, the insider owned 22,464 shares in the company, valued at $3,333,882.24. This represents a 21.32% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Allen C. Behr sold 9,042 shares of the firm’s stock in a transaction dated Thursday, October 30th. The shares were sold at an average price of $151.28, for a total transaction of $1,367,873.76. Following the completion of the transaction, the executive vice president directly owned 73,661 shares in the company, valued at approximately $11,143,436.08. The trade was a 10.93% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 24,133 shares of company stock valued at $3,624,149 over the last ninety days. 0.46% of the stock is currently owned by corporate insiders.

About Nucor

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.