Nisa Investment Advisors LLC Cuts Stake in Nucor Corporation $NUE

Nisa Investment Advisors LLC lowered its position in Nucor Corporation (NYSE:NUE) by 13.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 71,892 shares of the basic materials company’s stock after selling 11,583 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Nucor were worth $9,352,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Oppenheimer Asset Management Inc. purchased a new stake in Nucor in the second quarter worth approximately $5,225,000. Brighton Jones LLC grew its stake in shares of Nucor by 70.1% during the second quarter. Brighton Jones LLC now owns 7,895 shares of the basic materials company’s stock valued at $1,023,000 after buying an additional 3,254 shares during the last quarter. Linden Thomas Advisory Services LLC bought a new position in shares of Nucor during the second quarter valued at about $281,000. Focus Partners Advisor Solutions LLC grew its stake in shares of Nucor by 32.7% during the second quarter. Focus Partners Advisor Solutions LLC now owns 11,139 shares of the basic materials company’s stock valued at $1,443,000 after buying an additional 2,747 shares during the last quarter. Finally, Richards Merrill & Peterson Inc. bought a new position in shares of Nucor during the second quarter valued at about $421,000. Hedge funds and other institutional investors own 76.48% of the company’s stock.

Insider Buying and Selling at Nucor

In other news, insider Michael D. Keller sold 6,088 shares of Nucor stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $148.41, for a total transaction of $903,520.08. Following the completion of the transaction, the insider directly owned 22,464 shares in the company, valued at approximately $3,333,882.24. This trade represents a 21.32% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Daniel R. Needham sold 7,200 shares of Nucor stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $146.00, for a total transaction of $1,051,200.00. Following the transaction, the executive vice president owned 92,179 shares of the company’s stock, valued at $13,458,134. The trade was a 7.24% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 31,309 shares of company stock valued at $4,553,771 over the last ninety days. Company insiders own 0.71% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Nucor in a research note on Wednesday, October 8th. Wells Fargo & Company reduced their price objective on Nucor from $146.00 to $140.00 and set an “equal weight” rating on the stock in a research note on Thursday, September 18th. JPMorgan Chase & Co. raised their price objective on Nucor from $165.00 to $172.00 and gave the company an “overweight” rating in a research note on Monday, October 13th. The Goldman Sachs Group reduced their price objective on Nucor from $182.00 to $173.00 and set a “buy” rating on the stock in a research note on Monday, September 22nd. Finally, Bank of America raised their target price on Nucor from $150.00 to $165.00 and gave the stock a “buy” rating in a research note on Monday, September 15th. Eight investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, Nucor currently has an average rating of “Moderate Buy” and a consensus price target of $157.60.

Nucor Stock Performance

Shares of NUE opened at $144.33 on Tuesday. The company has a debt-to-equity ratio of 0.31, a current ratio of 2.83 and a quick ratio of 1.51. Nucor Corporation has a one year low of $97.59 and a one year high of $170.52. The company has a 50-day simple moving average of $140.43 and a two-hundred day simple moving average of $131.23. The firm has a market capitalization of $33.13 billion, a PE ratio of 26.05, a price-to-earnings-growth ratio of 1.03 and a beta of 1.75.

Nucor (NYSE:NUE) last issued its quarterly earnings data on Monday, October 27th. The basic materials company reported $2.63 EPS for the quarter, topping the consensus estimate of $2.30 by $0.33. Nucor had a net margin of 4.21% and a return on equity of 6.65%. The business had revenue of $8.52 billion during the quarter, compared to analyst estimates of $8.27 billion. During the same period last year, the business posted $1.49 earnings per share. Nucor’s quarterly revenue was up 14.5% compared to the same quarter last year. Nucor has set its Q4 2025 guidance at -2.630 EPS. On average, analysts anticipate that Nucor Corporation will post 7.64 EPS for the current fiscal year.

Nucor Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, November 10th. Stockholders of record on Tuesday, September 30th will be issued a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a dividend yield of 1.5%. The ex-dividend date is Tuesday, September 30th. Nucor’s dividend payout ratio (DPR) is presently 39.71%.

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.