Securian Asset Management Inc. Has $1.02 Million Stake in Nucor Corporation $NUE

Posted by George Bondi on May 13th, 2026

Securian Asset Management Inc. reduced its position in shares of Nucor Corporation (NYSE:NUE – Free Report) by 43.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,223 shares of the basic materials company’s stock after selling 4,806 shares during the quarter. Securian Asset Management Inc.’s holdings in Nucor were worth $1,015,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Stance Capital LLC acquired a new position in shares of Nucor during the 3rd quarter worth about $25,000. AXS Investments LLC bought a new position in Nucor during the third quarter worth about $37,000. Vision Financial Markets LLC grew its holdings in Nucor by 281.7% during the third quarter. Vision Financial Markets LLC now owns 271 shares of the basic materials company’s stock worth $37,000 after purchasing an additional 200 shares during the period. Ares Financial Consulting LLC acquired a new position in Nucor during the fourth quarter worth approximately $45,000. Finally, Caitlin John LLC bought a new stake in Nucor in the third quarter valued at approximately $41,000. Institutional investors own 76.48% of the company’s stock.

Insider Buying and Selling at Nucor

In related news, EVP Bradley Ford sold 2,240 shares of the stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $232.13, for a total transaction of $519,971.20. Following the sale, the executive vice president owned 43,649 shares of the company’s stock, valued at $10,132,242.37. This represents a 4.88% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Michael D. Keller sold 4,554 shares of Nucor stock in a transaction on Monday, May 4th. The shares were sold at an average price of $225.86, for a total value of $1,028,566.44. Following the completion of the transaction, the insider directly owned 16,834 shares of the company’s stock, valued at $3,802,127.24. This represents a 21.29% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 69,318 shares of company stock valued at $15,672,093 over the last ninety days. 0.62% of the stock is owned by corporate insiders.

Nucor Trading Down 1.0%

Shares of Nucor stock opened at $229.77 on Wednesday. Nucor Corporation has a 52-week low of $106.21 and a 52-week high of $235.44. The stock has a market cap of $52.30 billion, a PE ratio of 22.75, a PEG ratio of 0.67 and a beta of 1.87. The firm has a 50-day moving average of $187.33 and a 200-day moving average of $173.22. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.55 and a current ratio of 2.90.

Nucor (NYSE:NUE – Get Free Report) last issued its quarterly earnings data on Monday, April 27th. The basic materials company reported $3.23 earnings per share for the quarter, topping the consensus estimate of $2.82 by $0.41. The business had revenue of $9.50 billion during the quarter, compared to analysts’ expectations of $8.88 billion. Nucor had a net margin of 6.82% and a return on equity of 10.68%. The business’s revenue was up 21.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.77 EPS. As a group, sell-side analysts forecast that Nucor Corporation will post 13.64 EPS for the current year.

Nucor announced that its board has authorized a stock buyback program on Friday, February 20th that permits the company to buyback $4.00 billion in shares. This buyback authorization permits the basic materials company to buy up to 9.7% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s leadership believes its stock is undervalued.

Nucor Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, May 11th. Investors of record on Tuesday, March 31st were paid a $0.56 dividend. This represents a $2.24 annualized dividend and a dividend yield of 1.0%. The ex-dividend date was Tuesday, March 31st. Nucor’s payout ratio is 22.18%.

Analysts Set New Price Targets

NUE has been the subject of a number of recent analyst reports. Citigroup raised their price objective on Nucor from $180.00 to $260.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. Seaport Research Partners restated a “buy” rating and issued a $245.00 price target on shares of Nucor in a research note on Thursday, April 30th. Morgan Stanley raised their price target on Nucor from $180.00 to $227.00 and gave the company an “equal weight” rating in a report on Wednesday, April 29th. Bank of America upped their price objective on shares of Nucor from $190.00 to $250.00 and gave the company a “buy” rating in a report on Tuesday, April 28th. Finally, The Goldman Sachs Group increased their price objective on shares of Nucor from $240.00 to $260.00 in a research report on Friday, May 1st. Eight investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $243.80.

View Our Latest Stock Report on NUE

About Nucor

(Free Report)

Nucor Corporation (NYSE: NUE) is an American steel producer headquartered in Charlotte, North Carolina. The company is primarily engaged in the manufacture and sale of steel and steel products, operating a network of steel mills, recycling facilities and fabrication plants across the United States and North America. Nucor’s operations emphasize electric arc furnace steelmaking using recycled scrap metal, which supports a decentralized, mill-based production model focused on efficiency and flexibility.

Product offerings span a broad range of basic and value‑added steel items, including sheet, plate, merchant bar, structural beams, reinforcing bar, tubing, fasteners and fabricated components.