Teacher Retirement System of Texas Cuts Stake in Nucor Corporation $NUE

Teacher Retirement System of Texas lessened its holdings in Nucor Corporation (NYSE:NUE) by 13.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 30,234 shares of the basic materials company’s stock after selling 4,806 shares during the quarter. Teacher Retirement System of Texas’ holdings in Nucor were worth $4,095,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. IMA Advisory Services Inc. increased its position in shares of Nucor by 51.4% in the 2nd quarter. IMA Advisory Services Inc. now owns 221 shares of the basic materials company’s stock valued at $29,000 after acquiring an additional 75 shares during the period. Elevation Point Wealth Partners LLC purchased a new stake in Nucor during the 2nd quarter valued at about $39,000. Geneos Wealth Management Inc. increased its holdings in shares of Nucor by 81.8% in the first quarter. Geneos Wealth Management Inc. now owns 340 shares of the basic materials company’s stock valued at $41,000 after purchasing an additional 153 shares during the period. Salomon & Ludwin LLC raised its stake in shares of Nucor by 45.5% in the third quarter. Salomon & Ludwin LLC now owns 320 shares of the basic materials company’s stock worth $44,000 after purchasing an additional 100 shares during the last quarter. Finally, Root Financial Partners LLC purchased a new position in shares of Nucor in the third quarter worth about $44,000. 76.48% of the stock is currently owned by institutional investors and hedge funds.

Nucor Trading Down 2.3%

Shares of Nucor stock opened at $173.60 on Wednesday. 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 stock’s 50 day simple moving average is $164.79 and its 200-day simple moving average is $150.00. The stock has a market cap of $39.73 billion, a P/E ratio of 23.02, a P/E/G ratio of 0.97 and a beta of 1.87. Nucor Corporation has a 1-year low of $97.59 and a 1-year high of $183.32.

Nucor (NYSE:NUE) last posted its quarterly earnings results on Monday, January 26th. The basic materials company reported $1.73 EPS for the quarter, missing the consensus estimate of $1.91 by ($0.18). The company had revenue of $7.69 billion during the quarter, compared to analyst estimates of $7.93 billion. Nucor had a net margin of 5.37% and a return on equity of 8.32%. Nucor’s revenue for the quarter was up 8.6% compared to the same quarter last year. During the same period in the prior year, the business posted $1.22 EPS. Analysts predict that Nucor Corporation will post 7.64 EPS for the current fiscal year.

Nucor Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, February 11th. Shareholders of record on Wednesday, December 31st will be paid a dividend of $0.56 per share. This represents a $2.24 dividend on an annualized basis and a yield of 1.3%. This is a boost from Nucor’s previous quarterly dividend of $0.55. The ex-dividend date of this dividend is Wednesday, December 31st. Nucor’s payout ratio is presently 31.46%.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the stock. Morgan Stanley reiterated an “equal weight” rating and issued a $180.00 price target (up previously from $165.00) on shares of Nucor in a report on Friday, January 9th. BMO Capital Markets reissued an “outperform” rating on shares of Nucor in a research note on Wednesday, October 29th. Wall Street Zen lowered Nucor from a “buy” rating to a “hold” rating in a research report on Saturday, December 20th. Jefferies Financial Group upped their price target on shares of Nucor from $190.00 to $200.00 and gave the stock a “buy” rating in a research report on Monday, January 12th. Finally, BNP Paribas Exane boosted their price objective on Nucor from $165.00 to $185.00 and gave the stock an “outperform” rating in a research note on Friday, January 2nd. Nine analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $177.27.

Key Headlines Impacting Nucor

Here are the key news stories impacting Nucor this week:

• Positive Sentiment: Revenue and profitability trends: Nucor reported revenue up ~8.6% YoY and higher gross/operating profit versus a year ago, and management highlighted sequential improvement prospects for Q1. Nucor Press Release / Slide Deck
• Positive Sentiment: Adjusted results and cash flow: Company disclosed adjusted EPS and solid operating cash flow and EBITDA that show core business resilience despite near-term headwinds. PR Newswire: Q4 Results
• Neutral Sentiment: Analyst view mix — upside potential vs. cautious stance: Several firms retain buy/overweight calls and price targets around the high-$160s to $200s, while others (e.g., Morgan Stanley) keep neutral/hold ratings, leaving consensus near current levels. TipRanks: Analyst Reaction
• Neutral Sentiment: Value thesis remains: Some articles reiterate Nucor’s value characteristics (reasonable valuation metrics and dividend/returns profile), which could support longer-term interest even after the pullback. Zacks: Value Stock Argument
• Negative Sentiment: EPS miss and volume weakness: Reported EPS (adjusted $1.73; GAAP ~$1.64 in some disclosures) fell short of several consensus figures, largely due to lower steel volumes—this is the primary reason for the intraday weakness. Zacks: Q4 Earnings Miss
• Negative Sentiment: Margin pressure and costs: Coverage and headlines emphasize costs dragging on margins, and several outlets flagged that margins came under pressure despite revenue growth—heightening near-term profitability concerns. MSN: Costs Drag on Margins
• Negative Sentiment: Market reaction and insider selling noted: Coverage documents share-price weakness after the print and highlights recent insider sales and variable institutional positioning, which can amplify downward moves when sentiment shifts. QuiverQuant: Q4 Recap & Insider Activity

Insider Activity

In related news, EVP Allen C. Behr sold 5,950 shares of the stock in a transaction that occurred on Friday, December 19th. The stock was sold at an average price of $157.89, for a total value of $939,445.50. Following the completion of the transaction, the executive vice president directly owned 67,711 shares in the company, valued at approximately $10,690,889.79. This represents a 8.08% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP John J. Hollatz sold 7,000 shares of the company’s stock in a transaction on Wednesday, November 12th. The shares were sold at an average price of $149.88, for a total value of $1,049,160.00. Following the completion of the transaction, the executive vice president directly owned 96,550 shares in the company, valued at approximately $14,470,914. This trade represents a 6.76% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 25,995 shares of company stock worth $3,990,634 in the last 90 days. 0.71% of the stock is owned by corporate insiders.

Nucor Profile

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.