Nucor Corporation $NUE Shares Purchased by Inspire Advisors LLC

Inspire Advisors LLC increased its stake in Nucor Corporation (NYSE:NUE) by 12.2% in the second quarter, Holdings Channel reports. The firm owned 6,483 shares of the basic materials company’s stock after purchasing an additional 704 shares during the period. Inspire Advisors LLC’s holdings in Nucor were worth $840,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of the stock. IMA Advisory Services Inc. raised its holdings in shares of Nucor by 51.4% in the second quarter. IMA Advisory Services Inc. now owns 221 shares of the basic materials company’s stock worth $29,000 after buying an additional 75 shares during the last quarter. Matrix Trust Co raised its stake in Nucor by 53.8% in the 2nd quarter. Matrix Trust Co now owns 240 shares of the basic materials company’s stock worth $31,000 after acquiring an additional 84 shares during the last quarter. Geneos Wealth Management Inc. lifted its position in Nucor by 81.8% during the 1st quarter. Geneos Wealth Management Inc. now owns 340 shares of the basic materials company’s stock worth $41,000 after acquiring an additional 153 shares during the period. Meeder Asset Management Inc. grew its stake in Nucor by 209.6% during the 1st 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. Finally, Thurston Springer Miller Herd & Titak Inc. grew its stake in 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 valued at $57,000 after purchasing an additional 147 shares during the last quarter. Hedge funds and other institutional investors own 76.48% of the company’s stock.

Insiders Place Their Bets

In other news, EVP John J. Hollatz sold 7,000 shares of the stock in a transaction that occurred 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 sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Allen C. Behr sold 9,042 shares of the business’s stock in a transaction on Thursday, October 30th. The stock was sold at an average price of $151.28, for a total transaction of $1,367,873.76. Following the completion of the sale, the executive vice president directly owned 73,661 shares of the company’s stock, valued at approximately $11,143,436.08. The trade was a 10.93% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 24,133 shares of company stock valued at $3,624,149 in the last three months. 0.46% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of research firms recently commented on NUE. The Goldman Sachs Group lifted their target price on Nucor from $173.00 to $182.00 and gave the stock a “buy” rating in a report on Wednesday, November 12th. UBS Group lifted their price objective on shares of Nucor from $165.00 to $168.00 and gave the company a “buy” rating in a research note on Wednesday, October 29th. Wall Street Zen upgraded shares of Nucor from a “hold” rating to a “buy” rating in a research note on Monday. Citigroup raised their target price on shares of Nucor from $150.00 to $180.00 and gave the stock a “buy” rating in a report on Thursday, October 30th. Finally, Morgan Stanley upped their price target on shares of Nucor from $152.00 to $165.00 and gave the company an “overweight” rating in a report on Tuesday, October 28th. Nine research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $167.20.

Nucor Stock Performance

NUE opened at $148.55 on Wednesday. The firm has a fifty day moving average price of $140.70 and a 200 day moving average price of $135.17. Nucor Corporation has a 1 year low of $97.59 and a 1 year high of $158.48. The stock has a market cap of $34.00 billion, a P/E ratio of 20.86, a P/E/G ratio of 1.14 and a beta of 1.80. 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 released its quarterly earnings data on Monday, October 27th. The basic materials company reported $2.63 earnings per share for the quarter, beating analysts’ consensus estimates of $2.30 by $0.33. Nucor had a net margin of 5.18% and a return on equity of 7.80%. The company had revenue of $8.52 billion during the quarter, compared to analysts’ expectations of $8.27 billion. During the same quarter in the previous year, the company earned $1.49 earnings per share. The firm’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. Equities research analysts anticipate that Nucor Corporation will post 7.64 earnings per share for the current year.

Nucor Dividend Announcement

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

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.