Forsta AP Fonden Has $7.14 Million Stake in Nucor Corporation $NUE

Posted by Francis Steltz on Jun 3rd, 2026

Forsta AP Fonden decreased its position in Nucor Corporation (NYSE:NUE – Free Report) by 6.8% during the 4th quarter, HoldingsChannel.com reports. The firm owned 43,800 shares of the basic materials company’s stock after selling 3,200 shares during the period. Forsta AP Fonden’s holdings in Nucor were worth $7,144,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of NUE. Stance Capital LLC acquired a new stake in shares of Nucor in the third quarter valued at about $25,000. AXS Investments LLC acquired a new stake in shares of Nucor in the third quarter valued at about $37,000. Vision Financial Markets LLC increased its position in shares of Nucor by 281.7% in the third quarter. Vision Financial Markets LLC now owns 271 shares of the basic materials company’s stock valued at $37,000 after acquiring an additional 200 shares during the last quarter. Caitlin John LLC acquired a new stake in shares of Nucor in the third quarter valued at about $41,000. Finally, Geneos Wealth Management Inc. increased its position in shares of Nucor by 81.8% in the first quarter. Geneos Wealth Management Inc. now owns 340 shares of the basic materials company’s stock valued at $41,000 after acquiring an additional 153 shares during the last quarter. Institutional investors and hedge funds own 76.48% of the company’s stock.

Insider Activity at Nucor

In other news, EVP Randy J. Spicer sold 2,500 shares of the business’s stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $225.00, for a total transaction of $562,500.00. Following the completion of the sale, the executive vice president owned 20,510 shares in the company, valued at $4,614,750. The trade was a 10.86% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Allen C. Behr sold 10,096 shares of the business’s stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $226.08, for a total value of $2,282,503.68. Following the sale, the executive vice president owned 62,871 shares of the company’s stock, valued at approximately $14,213,875.68. This represents a 13.84% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 71,818 shares of company stock valued at $16,234,593. Insiders own 0.62% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Zacks Research raised Nucor from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 12th. Bank of America lifted their target price on Nucor from $190.00 to $250.00 and gave the company a “buy” rating in a research report on Tuesday, April 28th. Wells Fargo & Company boosted their price target on Nucor from $213.00 to $244.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. BMO Capital Markets boosted their price target on Nucor from $196.00 to $235.00 and gave the stock an “outperform” rating in a research report on Tuesday, April 28th. Finally, CICC Research initiated coverage on Nucor in a research report on Monday, May 25th. They set an “outperform” rating on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $247.50.

View Our Latest Stock Report on NUE

Nucor Trading Up 0.5%

Shares of NYSE:NUE opened at $251.30 on Tuesday. Nucor Corporation has a 12-month low of $115.35 and a 12-month high of $252.22. The stock has a market cap of $57.23 billion, a PE ratio of 24.88, a P/E/G ratio of 0.66 and a beta of 1.88. The business has a 50 day moving average of $205.92 and a 200-day moving average of $182.04. The company has a quick ratio of 1.55, a current ratio of 2.90 and a debt-to-equity ratio of 0.30.

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 (EPS) for the quarter, topping analysts’ consensus estimates of $2.82 by $0.41. Nucor had a return on equity of 10.68% and a net margin of 6.82%.The company had revenue of $9.50 billion during the quarter, compared to analysts’ expectations of $8.88 billion. During the same quarter in the previous year, the company posted $0.77 earnings per share. The business’s revenue was up 21.3% on a year-over-year basis. As a group, equities research analysts forecast that Nucor Corporation will post 14.84 earnings per share for the current year.

Nucor announced that its Board of Directors has initiated a share repurchase 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 stock through open market purchases. Stock buyback programs are typically an indication that the company’s leadership believes its stock is undervalued.

Nucor Company Profile

(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.