Northwestern Mutual Wealth Management Co. Buys 1,971 Shares of Nucor Corporation $NUE

Posted by Brenda Bartman on Sep 5th, 2026

Northwestern Mutual Wealth Management Co. lifted its position in Nucor Corporation (NYSE:NUE – Free Report) by 19.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,025 shares of the basic materials company’s stock after buying an additional 1,971 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Nucor were worth $2,679,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Stance Capital LLC purchased a new position in shares of Nucor during the 3rd quarter valued at $25,000. Transamerica Financial Advisors LLC purchased a new position in Nucor in the 2nd quarter worth approximately $25,000. Strive Financial Group LLC bought a new position in shares of Nucor in the 4th quarter worth $27,000. Manning & Napier Advisors LLC bought a new position in shares of Nucor in the 2nd quarter worth $27,000. Finally, Bell Investment Advisors Inc purchased a new stake in shares of Nucor during the 2nd quarter valued at $28,000. Hedge funds and other institutional investors own 76.48% of the company’s stock.

Nucor Price Performance

Shares of Nucor stock opened at $260.98 on Friday. 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 one year low of $131.32 and a one year high of $280.11. The business’s 50 day simple moving average is $248.16 and its two-hundred day simple moving average is $221.33. The stock has a market capitalization of $59.21 billion, a P/E ratio of 20.81, a price-to-earnings-growth ratio of 0.97 and a beta of 1.87.

Nucor (NYSE:NUE – Get Free Report) last issued its earnings results on Monday, July 27th. The basic materials company reported $4.84 earnings per share (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 firm had revenue of $10.40 billion for the quarter, compared to analysts’ expectations of $10.15 billion. During the same quarter last year, the business earned $2.60 earnings per share. The business’s revenue was up 23.0% on a year-over-year basis. Analysts forecast that Nucor Corporation will post 17.95 EPS for the current year.

Nucor Dividend Announcement

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

Insider Transactions at Nucor

In other Nucor news, EVP Thomas Batterbee sold 4,000 shares of the business’s stock in a transaction dated 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 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Stephen Laxton sold 3,968 shares of the company’s stock in a transaction dated Thursday, July 30th. The shares were sold at an average price of $256.96, for a total transaction of $1,019,617.28. Following the transaction, the chief operating officer directly owned 77,867 shares of the company’s stock, valued at approximately $20,008,704.32. This trade represents a 4.85% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.62% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several research analysts recently issued reports on NUE shares. Seaport Research Partners upped their target price on shares of Nucor from $245.00 to $285.00 and gave the stock a “buy” rating in a research report on Wednesday, June 10th. Weiss Ratings upgraded Nucor from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, August 25th. BMO Capital Markets lifted their price target on Nucor from $285.00 to $295.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 29th. The Goldman Sachs Group upped their price objective on Nucor from $260.00 to $284.00 and gave the stock a “buy” rating in a report on Tuesday, June 16th. Finally, JPMorgan Chase & Co. increased their price objective on Nucor from $240.00 to $282.00 and gave the company an “overweight” rating in a research report on Wednesday, June 10th. Thirteen equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $272.38.

Check Out Our Latest Analysis on Nucor

Nucor Company 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.