Private Advisory Group LLC Makes New Investment in Nucor Corporation $NUE

Posted by Geri Gentry on Aug 16th, 2026

Private Advisory Group LLC purchased a new position in Nucor Corporation (NYSE:NUE – Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 4,750 shares of the basic materials company’s stock, valued at approximately $1,058,000.

Other institutional investors also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. increased its stake in Nucor by 745.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 83,463 shares of the basic materials company’s stock worth $13,614,000 after purchasing an additional 73,588 shares in the last quarter. California Public Employees Retirement System lifted its stake in Nucor by 19.3% during the first quarter. California Public Employees Retirement System now owns 510,331 shares of the basic materials company’s stock valued at $86,297,000 after buying an additional 82,668 shares in the last quarter. Oak Harvest Investment Services purchased a new stake in Nucor during the fourth quarter valued at about $6,329,000. Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of Nucor by 21.7% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 45,371 shares of the basic materials company’s stock worth $7,400,000 after buying an additional 8,097 shares during the period. Finally, Pacific Heights Asset Management LLC boosted its holdings in shares of Nucor by 12.9% in the fourth quarter. Pacific Heights Asset Management LLC now owns 175,000 shares of the basic materials company’s stock worth $28,544,000 after buying an additional 20,000 shares during the period. Institutional investors own 76.48% of the company’s stock.

Nucor Price Performance

NYSE NUE opened at $268.11 on Friday. The company has a 50 day simple moving average of $247.15 and a 200-day simple moving average of $214.08. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.51 and a quick ratio of 1.36. The firm has a market capitalization of $60.83 billion, a price-to-earnings ratio of 21.38, a price-to-earnings-growth ratio of 0.60 and a beta of 1.89. Nucor Corporation has a 52-week low of $131.32 and a 52-week high of $280.11.

Nucor (NYSE:NUE – Get Free Report) last posted its quarterly earnings results 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. Nucor had a net margin of 7.99% and a return on equity of 12.73%. The business had revenue of $10.40 billion during the quarter, compared to analysts’ expectations of $10.15 billion. During the same period last year, the company posted $2.60 earnings per share. The firm’s quarterly revenue was up 23.0% compared to the same quarter last year. Equities research analysts predict that Nucor Corporation will post 17.95 earnings per share for the current fiscal year.

Nucor Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, August 11th. Shareholders of record on Tuesday, June 30th were given a $0.56 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $2.24 dividend on an annualized basis and a yield of 0.8%. Nucor’s dividend payout ratio is presently 17.86%.

Insider Activity at Nucor

In other news, EVP Thomas J. Batterbee sold 4,000 shares of the company’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $261.02, for a total value of $1,044,080.00. Following the transaction, the executive vice president directly owned 16,138 shares of the company’s stock, valued at approximately $4,212,340.76. This represents a 19.86% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP John J. Hollatz sold 10,560 shares of the stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $258.46, for a total value of $2,729,337.60. Following the sale, the executive vice president owned 97,865 shares of the company’s stock, valued at approximately $25,294,187.90. This represents a 9.74% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 21,028 shares of company stock worth $5,355,535. Corporate insiders own 0.62% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on NUE. Bank of America dropped their target price on shares of Nucor from $290.00 to $280.00 and set a “buy” rating on the stock in a research report on Thursday, July 9th. Barclays upped their price target on shares of Nucor from $272.00 to $295.00 and gave the company an “overweight” rating in a research report on Wednesday, July 29th. Argus lifted their price objective on shares of Nucor from $200.00 to $262.00 and gave the stock a “buy” rating in a research report on Friday, May 15th. UBS Group boosted their target price on shares of Nucor from $224.00 to $256.00 and gave the company a “neutral” rating in a research note on Tuesday, July 28th. Finally, BNP Paribas Exane boosted their target price on shares of Nucor from $210.00 to $248.00 and gave the company an “outperform” rating in a research note on Monday, May 4th. Twelve analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $273.31.

Read Our Latest Stock Analysis on NUE

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.