Nucor Corporation $NUE Stock Bought by Strid Group LLC

Posted by Brenda Bartman on Oct 31st, 2026

Strid Group LLC boosted its position in Nucor Corporation (NYSE:NUE – Free Report) by 25.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 81,770 shares of the basic materials company’s stock after purchasing an additional 16,411 shares during the quarter. Nucor makes up 2.1% of Strid Group LLC’s portfolio, making the stock its 7th biggest position. Strid Group LLC’s holdings in Nucor were worth $19,114,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Transamerica Financial Advisors LLC purchased a new position in Nucor during the 2nd quarter valued at about $25,000. Manning & Napier Advisors LLC purchased a new stake in Nucor in the second quarter worth about $27,000. Bell Investment Advisors Inc purchased a new stake in Nucor in the second quarter worth about $28,000. GK Wealth Management LLC bought a new position in shares of Nucor during the third quarter valued at approximately $28,000. Finally, Markowski Investments bought a new position in shares of Nucor during the second quarter valued at approximately $29,000. Hedge funds and other institutional investors own 76.48% of the company’s stock.

Nucor Stock Down 0.7%

NYSE:NUE opened at $273.47 on Friday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.36 and a current ratio of 2.46. The firm has a market cap of $62.04 billion, a P/E ratio of 17.41, a P/E/G ratio of 0.68 and a beta of 1.84. Nucor Corporation has a fifty-two week low of $140.93 and a fifty-two week high of $280.11. The firm has a 50-day simple moving average of $253.79 and a two-hundred day simple moving average of $223.43.

Nucor (NYSE:NUE – Get Free Report) last issued its earnings results on Monday, October 26th. The basic materials company reported $5.80 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.84 by ($0.04). Nucor had a return on equity of 15.53% and a net margin of 9.26%. The firm had revenue of $11.25 billion during the quarter, compared to the consensus estimate of $10.84 billion. During the same quarter in the prior year, the company posted $2.63 EPS. The company’s quarterly revenue was up 32.0% on a year-over-year basis. Analysts predict that Nucor Corporation will post 19.61 earnings per share for the current fiscal year.

Nucor Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 10th. Investors of record on Wednesday, September 30th will be given a $0.56 dividend. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $2.24 annualized dividend and a yield of 0.8%. Nucor’s dividend payout ratio is 14.26%.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on NUE shares. Citigroup reiterated a “buy” rating on shares of Nucor in a report on Wednesday, July 29th. Bank of America cut their price target on Nucor from $290.00 to $280.00 and set a “buy” rating on the stock in a research note on Thursday, July 9th. Piper Sandler set a $304.00 price objective on Nucor in a research report on Friday. Freedom Broker lowered Nucor from a “buy” rating to a “hold” rating and reduced their price objective for the company from $305.00 to $285.00 in a research report on Friday, September 18th. Finally, KeyCorp lowered their price objective on Nucor from $288.00 to $286.00 and set an “overweight” rating for the company in a research note on Monday, October 5th. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $284.00.

Read Our Latest Report on Nucor

Insider Activity at Nucor

In other news, EVP Noah Hanners sold 5,190 shares of the business’s stock in a transaction on Thursday, October 29th. The stock was sold at an average price of $275.03, for a total value of $1,427,405.70. Following the completion of the transaction, the executive vice president owned 44,073 shares in the company, valued at $12,121,397.19. The trade was a 10.54% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Thomas Batterbee sold 4,000 shares of the business’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $261.02, for a total value of $1,044,080.00. Following the completion of the transaction, the executive vice president owned 16,138 shares of the company’s stock, valued at $4,212,340.76. This represents a 19.86% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 0.62% of the company’s stock.

About Nucor

(Free Report)

Nucor Corporation is a steel producer headquartered in Charlotte, North Carolina. Through its operating subsidiaries, the company manufactures steel and steel products for customers in construction, automotive, energy, heavy equipment, transportation and other industrial markets.

Nucor’s operations include electric arc furnace steel mills, which produce carbon, alloy and galvanized steel products. Its product portfolio includes sheet steel, plate, beams, bars, wire and wire mesh, steel joists, deck, piling, fabricated concrete reinforcing steel and other downstream products.