Meiji Yasuda Asset Management Co Ltd. Invests $3.50 Million in Nucor Corporation $NUE

Posted by Geri Gentry on Aug 25th, 2026

Meiji Yasuda Asset Management Co Ltd. bought a new position in shares of Nucor Corporation (NYSE:NUE – Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 15,688 shares of the basic materials company’s stock, valued at approximately $3,495,000.

Other large investors have also recently bought and sold shares of the company. BlackRock Inc. purchased a new position in Nucor during the 2nd quarter worth approximately $4,452,563,000. Norges Bank acquired a new stake in Nucor during the 4th quarter valued at approximately $609,002,000. Bank of New York Mellon Corp purchased a new stake in shares of Nucor in the 2nd quarter valued at $330,902,000. Deutsche Bank AG acquired a new stake in shares of Nucor in the second quarter worth $220,176,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of Nucor in the second quarter worth $126,848,000. Hedge funds and other institutional investors own 76.48% of the company’s stock.

Insider Activity

In other Nucor news, COO Stephen D. Laxton sold 3,968 shares of the stock in a transaction that occurred on Thursday, July 30th. The stock was sold at an average price of $256.96, for a total transaction of $1,019,617.28. Following the transaction, 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 document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Thomas J. Batterbee sold 4,000 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the executive vice president directly owned 16,138 shares in the company, valued at approximately $4,212,340.76. The trade was a 19.86% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 18,528 shares of company stock worth $4,793,035 in the last ninety days. Company insiders own 0.62% of the company’s stock.

Wall Street Analyst Weigh In

NUE has been the subject of a number of research reports. 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 report on Wednesday, June 10th. KeyCorp raised Nucor from a “sector weight” rating to an “overweight” rating and set a $274.00 price target on the stock in a research report on Wednesday, June 24th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Nucor in a research note on Tuesday, August 11th. Wells Fargo & Company decreased their price objective on Nucor from $297.00 to $285.00 and set an “overweight” rating for the company in a report on Monday. Finally, Zacks Research cut Nucor from a “strong-buy” rating to a “hold” rating in a report on Monday, June 29th. Twelve investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $272.38.

Check Out Our Latest Analysis on NUE

Nucor Stock Performance

NUE opened at $244.32 on Tuesday. The firm has a fifty day moving average price of $246.58 and a 200 day moving average price of $217.46. Nucor Corporation has a 1 year low of $131.32 and a 1 year high of $280.11. The stock has a market cap of $55.43 billion, a P/E ratio of 19.48, a P/E/G ratio of 0.90 and a beta of 1.89. 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 (NYSE:NUE – Get Free Report) last released its quarterly earnings results on Monday, July 27th. The basic materials company reported $4.84 EPS for the quarter, beating 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 company had revenue of $10.40 billion for the quarter, compared to analyst estimates of $10.15 billion. During the same quarter last year, the business earned $2.60 earnings per share. The firm’s revenue was up 23.0% on a year-over-year basis. Equities research analysts anticipate that Nucor Corporation will post 17.95 earnings per share for the current year.

Nucor Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, August 11th. Stockholders of record on Tuesday, June 30th were paid a dividend of $0.56 per share. This represents a $2.24 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend was Tuesday, June 30th. Nucor’s dividend payout ratio is presently 17.86%.

About Nucor

(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.