Strid Group LLC Increases Holdings in Nucor Corporation $NUE

Strid Group LLC lifted its holdings in Nucor Corporation (NYSE:NUE) by 72.0% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 95,209 shares of the basic materials company’s stock after acquiring an additional 39,844 shares during the period. Nucor accounts for about 1.6% of Strid Group LLC’s portfolio, making the stock its 12th biggest holding. Strid Group LLC’s holdings in Nucor were worth $12,894,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in NUE. CW Advisors LLC bought a new position in shares of Nucor during the first quarter worth $769,000. Ameriprise Financial Inc. boosted its holdings in shares of Nucor by 44.9% during the 1st quarter. Ameriprise Financial Inc. now owns 450,541 shares of the basic materials company’s stock valued at $54,228,000 after purchasing an additional 139,582 shares during the last quarter. Kestra Advisory Services LLC grew its position in shares of Nucor by 7.0% during the first quarter. Kestra Advisory Services LLC now owns 20,147 shares of the basic materials company’s stock valued at $2,424,000 after purchasing an additional 1,315 shares in the last quarter. AlphaQuest LLC increased its holdings in shares of Nucor by 2,213.3% in the first quarter. AlphaQuest LLC now owns 2,267 shares of the basic materials company’s stock worth $273,000 after purchasing an additional 2,169 shares during the last quarter. Finally, Smartleaf Asset Management LLC increased its holdings in shares of Nucor by 19.5% in the first quarter. Smartleaf Asset Management LLC now owns 1,762 shares of the basic materials company’s stock worth $215,000 after purchasing an additional 287 shares during the last quarter. Institutional investors own 76.48% of the company’s stock.

Insider Buying and Selling

In related news, EVP Allen C. Behr sold 9,042 shares of Nucor stock in a transaction dated Thursday, October 30th. The shares were sold at an average price of $151.28, for a total transaction of $1,367,873.76. Following the completion of the sale, the executive vice president owned 73,661 shares in the company, valued at $11,143,436.08. This trade represents a 10.93% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Stephen D. Laxton sold 2,003 shares of the business’s stock in a transaction dated Thursday, October 30th. The shares were sold at an average price of $151.57, for a total transaction of $303,594.71. Following the completion of the sale, the chief financial officer directly owned 88,174 shares of the company’s stock, valued at approximately $13,364,533.18. This trade represents a 2.22% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 23,995 shares of company stock valued at $3,660,074 in the last 90 days. Company insiders own 0.46% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently commented on NUE. Bank of America increased their price target on Nucor from $150.00 to $165.00 and gave the company a “buy” rating in a research note on Monday, September 15th. Jefferies Financial Group increased their target price on Nucor from $170.00 to $190.00 and gave the company a “buy” rating in a research report on Wednesday, December 10th. The Goldman Sachs Group boosted their price target on shares of Nucor from $173.00 to $182.00 and gave the stock a “buy” rating in a research report on Wednesday, November 12th. UBS Group increased their price target on shares of Nucor from $165.00 to $168.00 and gave the company a “buy” rating in a report on Wednesday, October 29th. Finally, Morgan Stanley lifted their price target on Nucor from $152.00 to $165.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 28th. Nine analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $172.60.

Nucor Stock Performance

Nucor stock opened at $164.26 on Thursday. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.77 and a quick ratio of 1.51. The firm has a market capitalization of $37.59 billion, a P/E ratio of 23.07, a price-to-earnings-growth ratio of 1.28 and a beta of 1.85. Nucor Corporation has a 1-year low of $97.59 and a 1-year high of $168.07. The company’s 50-day moving average is $152.16 and its 200 day moving average is $143.10.

Nucor (NYSE:NUE) last released its earnings results on Monday, October 27th. The basic materials company reported $2.63 EPS for the quarter, beating analysts’ consensus estimates of $2.30 by $0.33. Nucor had a return on equity of 7.80% and a net margin of 5.18%.The firm had revenue of $8.52 billion for the quarter, compared to analysts’ expectations of $8.27 billion. During the same quarter in the prior year, the firm posted $1.49 earnings per share. The company’s quarterly revenue was up 14.5% on a year-over-year basis. Nucor has set its Q4 2025 guidance at -2.630 EPS. Research analysts forecast that Nucor Corporation will post 7.64 EPS for the current year.

Nucor Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, February 11th. Stockholders of record on Wednesday, December 31st will be issued a $0.56 dividend. The ex-dividend date is Wednesday, December 31st. This is a boost from Nucor’s previous quarterly dividend of $0.55. This represents a $2.24 dividend on an annualized basis and a dividend yield of 1.4%. Nucor’s dividend payout ratio (DPR) is currently 30.90%.

About Nucor

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.