TradeWell Securities LLC. Raises Position in Nucor Corporation $NUE

TradeWell Securities LLC. increased its holdings in Nucor Corporation (NYSE:NUE) by 11.9% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 26,200 shares of the basic materials company’s stock after acquiring an additional 2,780 shares during the quarter. Nucor comprises 0.7% of TradeWell Securities LLC.’s investment portfolio, making the stock its 13th biggest position. TradeWell Securities LLC.’s holdings in Nucor were worth $4,274,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in NUE. AQR Capital Management LLC raised its position in shares of Nucor by 580.9% in the second quarter. AQR Capital Management LLC now owns 653,845 shares of the basic materials company’s stock worth $84,699,000 after buying an additional 557,819 shares in the last quarter. Capital World Investors increased its stake in Nucor by 20.1% in the third quarter. Capital World Investors now owns 3,042,761 shares of the basic materials company’s stock valued at $412,081,000 after acquiring an additional 509,019 shares during the last quarter. Vaughan Nelson Investment Management L.P. increased its stake in Nucor by 169.0% in the fourth quarter. Vaughan Nelson Investment Management L.P. now owns 779,940 shares of the basic materials company’s stock valued at $127,216,000 after acquiring an additional 489,950 shares during the last quarter. M&T Bank Corp increased its stake in Nucor by 494.5% in the fourth quarter. M&T Bank Corp now owns 434,511 shares of the basic materials company’s stock valued at $70,873,000 after acquiring an additional 361,417 shares during the last quarter. Finally, Holocene Advisors LP increased its stake in Nucor by 146.9% in the third quarter. Holocene Advisors LP now owns 548,911 shares of the basic materials company’s stock valued at $74,339,000 after acquiring an additional 326,572 shares during the last quarter. Hedge funds and other institutional investors own 76.48% of the company’s stock.

Nucor Stock Up 2.5%

Shares of NYSE:NUE opened at $246.36 on Thursday. The stock’s 50-day moving average price is $200.60 and its 200-day moving average price is $179.79. Nucor Corporation has a 12-month low of $106.21 and a 12-month high of $247.40. The stock has a market capitalization of $56.11 billion, a P/E ratio of 24.39, a price-to-earnings-growth ratio of 0.64 and a beta of 1.87. The company has a current ratio of 2.90, a quick ratio of 1.55 and a debt-to-equity ratio of 0.30.

Nucor (NYSE:NUE) last announced its quarterly earnings data on Monday, April 27th. The basic materials company reported $3.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.82 by $0.41. Nucor had a return on equity of 10.68% and a net margin of 6.82%.The firm had revenue of $9.50 billion for the quarter, compared to analysts’ expectations of $8.88 billion. During the same period last year, the firm earned $0.77 earnings per share. The company’s revenue for the quarter was up 21.3% compared to the same quarter last year. On average, equities analysts anticipate that Nucor Corporation will post 14.84 earnings per share for the current year.

Nucor announced that its board has initiated a stock buyback program on Friday, February 20th that allows the company to repurchase $4.00 billion in outstanding shares. This repurchase authorization allows the basic materials company to purchase up to 9.7% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company’s board of directors believes its shares are undervalued.

Analysts Set New Price Targets

A number of research analysts recently commented on the company. The Goldman Sachs Group increased their target price on Nucor from $240.00 to $260.00 in a research note on Friday, May 1st. Seaport Research Partners reissued a “buy” rating and issued a $245.00 target price on shares of Nucor in a research note on Thursday, April 30th. Weiss Ratings raised Nucor from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, May 14th. BNP Paribas Exane increased their target price on Nucor from $210.00 to $248.00 and gave the company an “outperform” rating in a research note on Monday, May 4th. Finally, Zacks Research raised Nucor from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 12th. Two analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $247.50.

Insider Buying and Selling

In related news, EVP Bradley Ford sold 2,240 shares of the firm’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $232.13, for a total value of $519,971.20. Following the sale, the executive vice president directly owned 43,649 shares of the company’s stock, valued at $10,132,242.37. This trade represents a 4.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Randy J. Spicer sold 2,500 shares of the firm’s stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $225.00, for a total value of $562,500.00. Following the completion of the sale, the executive vice president directly owned 20,510 shares in the company, valued at $4,614,750. The trade was a 10.86% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 71,818 shares of company stock valued at $16,234,593 over the last ninety days. Corporate insiders own 0.62% of the company’s stock.

Key Stories Impacting Nucor

Here are the key news stories impacting Nucor this week:

• Positive Sentiment: Zacks Research raised its earnings forecasts for Nucor across multiple periods, including FY2026, FY2027, and FY2028, implying stronger profitability ahead. The firm reiterated a Strong-Buy rating, which can support investor confidence.
• Positive Sentiment: Analysts lifted near-term EPS estimates for Q3 2026, Q4 2026, and Q1 2027, signaling expectations for sustained operating strength rather than a one-quarter earnings pop.
• Positive Sentiment: Nucor’s stock has been trading near its 52-week high after a strong quarterly report that beat consensus on both earnings and revenue, helping reinforce the bullish case for the shares.
• Neutral Sentiment: Coverage highlighting Nucor as one of Warren Buffett’s Berkshire holdings and a steady dividend payer adds a quality/income angle, but it is not a direct catalyst on its own.

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.