Stephen Laxton Sells 3,968 Shares of Nucor (NYSE:NUE) Stock

Posted by Francis Steltz on Aug 5th, 2026

Nucor Corporation (NYSE:NUE – Get Free Report) COO Stephen Laxton sold 3,968 shares of the stock in a transaction on Thursday, July 30th. The shares were sold at an average price of $256.96, for a total value of $1,019,617.28. Following the sale, the chief operating officer owned 77,867 shares in the company, valued at approximately $20,008,704.32. This represents a 4.85% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Nucor Trading Up 4.8%

Shares of NYSE:NUE opened at $273.94 on Wednesday. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.51 and a quick ratio of 1.36. Nucor Corporation has a 1 year low of $131.32 and a 1 year high of $274.42. The company has a market cap of $62.39 billion, a P/E ratio of 21.85, a PEG ratio of 0.58 and a beta of 1.89. The stock’s fifty day moving average price is $244.19 and its 200-day moving average price is $208.98.

Nucor (NYSE:NUE – Get Free Report) last released its quarterly earnings data on Monday, July 27th. The basic materials company reported $4.84 EPS for the quarter, topping the consensus estimate of $4.46 by $0.38. The company had revenue of $10.40 billion during the quarter, compared to the consensus estimate of $10.15 billion. Nucor had a return on equity of 12.73% and a net margin of 7.99%.Nucor’s revenue for the quarter was up 23.0% on a year-over-year basis. During the same period last year, the company earned $2.60 EPS. Sell-side analysts expect that Nucor Corporation will post 17.84 earnings per share for the current year.

Nucor Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 11th. Stockholders of record on Tuesday, June 30th will be issued a dividend of $0.56 per share. This represents a $2.24 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Tuesday, June 30th. Nucor’s payout ratio is presently 17.86%.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on NUE shares. The Goldman Sachs Group raised their target price on shares of Nucor from $260.00 to $284.00 and gave the stock a “buy” rating in a report on Tuesday, June 16th. Seaport Research Partners boosted their target price on shares of Nucor from $245.00 to $285.00 and gave the company a “buy” rating in a research note on Wednesday, June 10th. Barclays increased their price target on Nucor from $272.00 to $295.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. Wells Fargo & Company lifted their price objective on Nucor from $283.00 to $297.00 and gave the stock an “overweight” rating in a report on Wednesday, July 29th. Finally, Bank of America reduced their price objective on Nucor from $290.00 to $280.00 and set a “buy” rating for the company in a research report on Thursday, July 9th. Twelve research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $273.31.

Get Our Latest Stock Report on NUE

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Norges Bank purchased a new stake in Nucor in the 4th quarter worth approximately $609,002,000. AQR Capital Management LLC lifted its holdings in Nucor by 580.9% during the second quarter. AQR Capital Management LLC now owns 653,845 shares of the basic materials company’s stock valued at $84,699,000 after purchasing an additional 557,819 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in Nucor by 27.5% during the fourth quarter. Bank of New York Mellon Corp now owns 1,780,423 shares of the basic materials company’s stock valued at $290,405,000 after purchasing an additional 383,952 shares in the last quarter. M&T Bank Corp boosted its position in shares of Nucor by 494.5% in the fourth quarter. M&T Bank Corp now owns 434,511 shares of the basic materials company’s stock worth $70,873,000 after purchasing an additional 361,417 shares during the period. Finally, Encompass Capital Advisors LLC bought a new position in shares of Nucor in the fourth quarter worth approximately $51,135,000. Institutional investors own 76.48% of the company’s stock.

Nucor Company Profile

(Get 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.