TradeWell Securities LLC. Purchases 13,697 Shares of Nucor Corporation $NUE

TradeWell Securities LLC. lifted its stake in shares of Nucor Corporation (NYSE:NUE) by 219.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,936 shares of the basic materials company’s stock after acquiring an additional 13,697 shares during the period. Nucor makes up about 1.2% of TradeWell Securities LLC.’s investment portfolio, making the stock its 14th largest holding. TradeWell Securities LLC.’s holdings in Nucor were worth $2,583,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in NUE. Vanguard Group Inc. raised its position in Nucor by 0.7% in the 2nd quarter. Vanguard Group Inc. now owns 29,171,068 shares of the basic materials company’s stock valued at $3,778,820,000 after buying an additional 211,741 shares during the last quarter. State Street Corp grew its stake in shares of Nucor by 3.1% during the 2nd quarter. State Street Corp now owns 12,501,779 shares of the basic materials company’s stock worth $1,626,321,000 after acquiring an additional 371,911 shares in the last quarter. Berkshire Hathaway Inc bought a new stake in shares of Nucor in the second quarter worth $856,792,000. Norges Bank acquired a new position in Nucor during the second quarter worth $479,858,000. Finally, Price T Rowe Associates Inc. MD lifted its position in Nucor by 18.2% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 2,309,452 shares of the basic materials company’s stock worth $277,920,000 after buying an additional 355,364 shares in the last quarter. 76.48% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Nucor news, EVP John J. Hollatz sold 7,000 shares of the firm’s stock in a transaction on Wednesday, November 12th. The stock was sold at an average price of $149.88, for a total transaction of $1,049,160.00. Following the transaction, the executive vice president owned 96,550 shares in the company, valued at $14,470,914. This trade represents a 6.76% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Allen C. Behr sold 9,042 shares of the stock in a transaction on Thursday, October 30th. The stock was sold at an average price of $151.28, for a total value of $1,367,873.76. Following the sale, the executive vice president directly owned 73,661 shares in the company, valued at approximately $11,143,436.08. This trade represents a 10.93% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 18,045 shares of company stock valued at $2,720,628 over the last 90 days. 0.71% of the stock is owned by corporate insiders.

Nucor Trading Down 1.0%

Shares of NUE stock opened at $164.93 on Monday. Nucor Corporation has a 12-month low of $97.59 and a 12-month high of $168.07. The firm has a 50 day moving average price of $148.14 and a two-hundred day moving average price of $140.80. The company has a quick ratio of 1.51, a current ratio of 2.77 and a debt-to-equity ratio of 0.30. The company has a market capitalization of $37.75 billion, a PE ratio of 23.16, a price-to-earnings-growth ratio of 1.19 and a beta of 1.85.

Nucor (NYSE:NUE) last released its quarterly earnings results on Monday, October 27th. The basic materials company reported $2.63 earnings per share for the quarter, topping the consensus estimate 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 during the quarter, compared to analysts’ expectations of $8.27 billion. During the same period last year, the firm posted $1.49 EPS. The firm’s revenue for the quarter was up 14.5% compared to the same quarter last year. Nucor has set its Q4 2025 guidance at -2.630 EPS. As a group, analysts predict that Nucor Corporation will post 7.64 earnings per share for the current year.

Nucor Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, February 11th. Investors of record on Wednesday, December 31st will be paid a $0.56 dividend. This represents a $2.24 annualized dividend and a dividend yield of 1.4%. This is an increase from Nucor’s previous quarterly dividend of $0.55. The ex-dividend date is Wednesday, December 31st. Nucor’s dividend payout ratio is presently 30.90%.

Wall Street Analyst Weigh In

NUE has been the topic of a number of analyst reports. Wells Fargo & Company upgraded Nucor from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $147.00 to $167.00 in a research note on Friday, November 14th. The Goldman Sachs Group increased their price target on shares of Nucor from $173.00 to $182.00 and gave the company a “buy” rating in a research note on Wednesday, November 12th. Morgan Stanley boosted their price objective on shares of Nucor from $152.00 to $165.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 28th. Wall Street Zen raised shares of Nucor from a “hold” rating to a “buy” rating in a report on Monday, November 17th. Finally, Jefferies Financial Group lifted their price target on Nucor from $170.00 to $190.00 and gave the stock a “buy” rating in a report on Wednesday. Nine equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, Nucor has a consensus rating of “Moderate Buy” and an average price target of $171.70.

Nucor 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.