Encompass Capital Advisors LLC purchased a new stake in Nucor Corporation (NYSE:NUE – Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 313,502 shares of the basic materials company’s stock, valued at approximately $51,135,000. Nucor accounts for approximately 2.1% of Encompass Capital Advisors LLC’s holdings, making the stock its 12th largest holding.
Other institutional investors have also made changes to their positions in the company. Stance Capital LLC bought a new stake in shares of Nucor in the third quarter valued at approximately $25,000. Motiv8 Investments LLC bought a new stake in shares of Nucor in the fourth quarter valued at approximately $32,000. Ares Financial Consulting LLC bought a new stake in shares of Nucor in the fourth quarter valued at approximately $45,000. Caitlin John LLC bought a new stake in shares of Nucor in the third quarter valued at approximately $41,000. Finally, DV Equities LLC bought a new stake in shares of Nucor in the fourth quarter valued at approximately $52,000. 76.48% of the stock is currently owned by institutional investors.
Insider Activity
In other Nucor news, EVP Bradley Ford sold 2,240 shares of the stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $232.13, for a total transaction of $519,971.20. Following the completion of the sale, the executive vice president directly owned 43,649 shares in the company, valued at approximately $10,132,242.37. This trade represents a 4.88% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Randy J. Spicer sold 2,500 shares of the stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $225.00, for a total value of $562,500.00. Following the sale, the executive vice president owned 20,510 shares of the company’s stock, valued at approximately $4,614,750. The trade was a 10.86% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 82,378 shares of company stock worth $18,963,930. 0.62% of the stock is owned by insiders.
Wall Street Analyst Weigh In
View Our Latest Research Report on Nucor
Key Headlines Impacting Nucor
Here are the key news stories impacting Nucor this week:
- Positive Sentiment: Nucor raised second-quarter 2026 EPS guidance to $4.50-$4.60, ahead of the $4.30 consensus estimate, suggesting stronger-than-expected profitability in the current quarter.
- Positive Sentiment: Steel prices have rebounded and demand from construction and automotive customers remains firm, a backdrop that could support margins and sales for Nucor and other steel producers.
- Positive Sentiment: Goldman Sachs recently lifted its price target on Nucor to $284 from $260 and kept a buy rating, signaling continued analyst confidence in the stock’s upside.
- Neutral Sentiment: Recent market commentary has highlighted Nucor’s strong relative price performance and earnings estimate momentum, but these are more reflections of recent trading strength than new fundamental news.
Nucor Trading Down 2.6%
Shares of NUE stock opened at $252.35 on Thursday. The firm has a market capitalization of $57.47 billion, a P/E ratio of 24.98, a P/E/G ratio of 0.66 and a beta of 1.88. Nucor Corporation has a twelve month low of $122.82 and a twelve month high of $270.90. The company has a quick ratio of 1.55, a current ratio of 2.90 and a debt-to-equity ratio of 0.30. The stock’s fifty day simple moving average is $227.74 and its 200 day simple moving average is $191.01.
Nucor (NYSE:NUE – Get Free Report) last announced its earnings results on Monday, April 27th. The basic materials company reported $3.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.82 by $0.41. Nucor had a return on equity of 10.68% and a net margin of 6.82%.The business had revenue of $9.50 billion during the quarter, compared to analyst estimates of $8.88 billion. During the same period last year, the company earned $0.77 EPS. Nucor’s revenue for the quarter was up 21.3% compared to the same quarter last year. As a group, sell-side analysts predict that Nucor Corporation will post 15.71 EPS for the current fiscal year.
Nucor announced that its Board of Directors has approved a share repurchase plan on Friday, February 20th that permits the company to repurchase $4.00 billion in shares. This repurchase authorization permits the basic materials company to repurchase up to 9.7% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s board of directors believes its stock is undervalued.
Nucor Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, August 11th. Shareholders of record on Tuesday, June 30th will be issued a dividend of $0.56 per share. This represents a $2.24 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Tuesday, June 30th. Nucor’s dividend payout ratio (DPR) is presently 22.18%.
About Nucor
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.
Read More
- Five stocks we like better than Nucor
- Cheap Thrills: Why These 3 Entertainment Stocks Are Soaring
- CoreWeave Insider Sales Look Big, But Should Investors Worry?
- Critical Metals: Sizing Up This Tiny Rare-Earth Stock Making Big Moves
- Meta and Cloud Computing: Real Potential, or a Shot in the Dark?
Want to see what other hedge funds are holding NUE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Nucor Corporation (NYSE:NUE – Free Report).
Receive News & Ratings for Nucor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nucor and related companies with MarketBeat.com's FREE daily email newsletter.
-logo-1200x675.png){kind=logo}