Havemeyer Place LP Takes $1.90 Million Position in Nucor Corporation $NUE

Posted by Francis Steltz on Jun 7th, 2026

Havemeyer Place LP bought a new stake in Nucor Corporation (NYSE:NUE – Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 11,631 shares of the basic materials company’s stock, valued at approximately $1,897,000.

Several other large investors have also recently added to or reduced their stakes in the business. Empirical Asset Management LLC increased its position in Nucor by 2.6% in the 4th quarter. Empirical Asset Management LLC now owns 2,130 shares of the basic materials company’s stock valued at $347,000 after acquiring an additional 54 shares during the period. Krilogy Financial LLC boosted its stake in Nucor by 4.1% during the 4th quarter. Krilogy Financial LLC now owns 1,531 shares of the basic materials company’s stock valued at $272,000 after purchasing an additional 61 shares in the last quarter. Rosenberg Matthew Hamilton boosted its stake in Nucor by 3.6% during the 4th quarter. Rosenberg Matthew Hamilton now owns 2,011 shares of the basic materials company’s stock valued at $328,000 after purchasing an additional 69 shares in the last quarter. HUB Investment Partners LLC boosted its stake in Nucor by 1.9% during the 2nd quarter. HUB Investment Partners LLC now owns 4,099 shares of the basic materials company’s stock valued at $531,000 after purchasing an additional 75 shares in the last quarter. Finally, Global Assets Advisory LLC boosted its stake in Nucor by 3.0% during the 4th quarter. Global Assets Advisory LLC now owns 2,677 shares of the basic materials company’s stock valued at $437,000 after purchasing an additional 77 shares in the last quarter. 76.48% of the stock is currently owned by institutional investors and hedge funds.

Nucor Price Performance

NUE opened at $254.14 on Friday. The stock has a fifty day moving average of $213.65 and a 200-day moving average of $184.90. The firm has a market capitalization of $57.88 billion, a P/E ratio of 25.16, a PEG ratio of 0.67 and a beta of 1.88. Nucor Corporation has a 12-month low of $115.66 and a 12-month high of $264.67. 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 released its earnings results on Monday, April 27th. The basic materials company reported $3.23 earnings per share (EPS) for the quarter, beating 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 analyst estimates of $8.88 billion. During the same quarter in the prior year, the company earned $0.77 earnings per share. The company’s revenue for the quarter was up 21.3% on a year-over-year basis. Equities analysts forecast that Nucor Corporation will post 14.84 EPS for the current fiscal year.

Nucor declared that its board has approved a stock buyback program on Friday, February 20th that allows the company to buyback $4.00 billion in outstanding shares. This buyback authorization allows the basic materials company to repurchase up to 9.7% of its shares through open market purchases. Shares buyback programs are typically a sign that the company’s board of directors believes its stock is undervalued.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on NUE shares. BMO Capital Markets increased their price objective on Nucor from $250.00 to $285.00 and gave the company an “outperform” rating in a research report on Wednesday. Seaport Research Partners reiterated a “buy” rating and set a $245.00 price objective on shares of Nucor in a research report on Thursday, April 30th. BNP Paribas Exane increased their price objective on Nucor from $210.00 to $248.00 and gave the company an “outperform” rating in a research report on Monday, May 4th. Weiss Ratings upgraded Nucor from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, May 14th. Finally, Barclays started coverage on Nucor in a research report on Thursday, May 21st. They set an “overweight” rating and a $270.00 price objective for the company. Two investment 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, Nucor has an average rating of “Moderate Buy” and a consensus target price of $255.67.

Read Our Latest Stock Analysis on NUE

Insiders Place Their Bets

In other Nucor news, EVP David A. Sumoski sold 33,068 shares of the stock in a transaction on Thursday, April 30th. The shares were sold at an average price of $225.67, for a total transaction of $7,462,455.56. Following the transaction, the executive vice president directly owned 243,339 shares of the company’s stock, valued at $54,914,312.13. This represents a 11.96% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Noah C. Hanners sold 6,472 shares of the stock in a transaction on Friday, May 1st. The stock was sold at an average price of $226.50, for a total transaction of $1,465,908.00. Following the transaction, the executive vice president directly owned 50,377 shares in the company, valued at $11,410,390.50. The trade was a 11.38% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 82,378 shares of company stock valued at $18,963,930 in the last three months. Company insiders own 0.62% of the company’s stock.

Nucor 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.