UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Buys 146,048 Shares of Nucor Corporation $NUE

Posted by Francis Steltz on Sep 1st, 2026

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Nucor Corporation (NYSE:NUE – Free Report) by 12.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,277,389 shares of the basic materials company’s stock after purchasing an additional 146,048 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Nucor were worth $284,538,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Transamerica Financial Advisors LLC bought a new position in shares of Nucor in the second quarter worth approximately $25,000. Stance Capital LLC bought a new stake in shares of Nucor during the third quarter valued at approximately $25,000. Manning & Napier Advisors LLC bought a new stake in shares of Nucor during the second quarter valued at approximately $27,000. Strive Financial Group LLC purchased a new position in Nucor in the 4th quarter worth approximately $27,000. Finally, Bell Investment Advisors Inc purchased a new position in Nucor in the 2nd quarter worth approximately $28,000. Institutional investors own 76.48% of the company’s stock.

Insider Buying and Selling

In other Nucor news, EVP Thomas J. Batterbee sold 4,000 shares of the firm’s stock in a transaction dated 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 transaction, the executive vice president directly owned 16,138 shares of the company’s stock, valued at approximately $4,212,340.76. This trade represents a 19.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, COO Stephen D. Laxton sold 3,968 shares of the business’s stock in a transaction dated 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 of the company’s stock, valued at approximately $20,008,704.32. This represents a 4.85% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 18,528 shares of company stock valued at $4,793,035 over the last 90 days. Company insiders own 0.62% of the company’s stock.

Nucor Trading Down 0.4%

Shares of NUE stock opened at $249.61 on Tuesday. Nucor Corporation has a 12-month low of $131.32 and a 12-month high of $280.11. The company has a current ratio of 2.51, a quick ratio of 1.36 and a debt-to-equity ratio of 0.27. The firm’s 50 day moving average is $246.74 and its 200 day moving average is $219.56. The stock has a market capitalization of $56.63 billion, a P/E ratio of 19.91, a P/E/G ratio of 0.93 and a beta of 1.89.

Nucor (NYSE:NUE – Get Free Report) last posted its earnings results on Monday, July 27th. The basic materials company reported $4.84 EPS for the quarter, topping analysts’ consensus estimates of $4.46 by $0.38. The business had revenue of $10.40 billion during the quarter, compared to the consensus estimate of $10.15 billion. Nucor had a net margin of 7.99% and a return on equity of 12.73%. The firm’s revenue was up 23.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.60 EPS. Research analysts expect that Nucor Corporation will post 17.95 earnings per share for the current year.

Nucor Announces Dividend

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

Analysts Set New Price Targets

Several analysts have commented on the company. BMO Capital Markets increased their target price on Nucor from $285.00 to $295.00 and gave the company an “outperform” rating in a research note on Wednesday, July 29th. The Goldman Sachs Group boosted their price target on Nucor from $260.00 to $284.00 and gave the stock a “buy” rating in a research note on Tuesday, June 16th. Wall Street Zen raised Nucor from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 16th. Morgan Stanley set a $270.00 price objective on Nucor in a research report on Wednesday, July 29th. Finally, Zacks Research downgraded Nucor from a “strong-buy” rating to a “hold” rating in a report on Monday, June 29th. Thirteen investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, Nucor currently has a consensus rating of “Moderate Buy” and an average target price of $272.38.

View Our Latest Report on Nucor

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.