Wedge Capital Management L L P NC Has $6.22 Million Stake in Nucor Corporation $NUE

Wedge Capital Management L L P NC lowered its holdings in Nucor Corporation (NYSE:NUE) by 34.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 27,908 shares of the basic materials company’s stock after selling 14,721 shares during the period. Wedge Capital Management L L P NC’s holdings in Nucor were worth $6,217,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Stance Capital LLC bought a new position in shares of Nucor in the 3rd quarter valued at about $25,000. Strive Financial Group LLC bought a new stake in Nucor during the fourth quarter worth about $27,000. Motiv8 Investments LLC bought a new stake in Nucor during the fourth quarter worth about $32,000. Bartlett & CO. Wealth Management LLC boosted its position in Nucor by 49.2% during the first quarter. Bartlett & CO. Wealth Management LLC now owns 191 shares of the basic materials company’s stock valued at $32,000 after purchasing an additional 63 shares during the last quarter. Finally, Mcguire Capital Advisors Inc. bought a new position in Nucor in the fourth quarter valued at approximately $32,000. 76.48% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Nucor

Here are the key news stories impacting Nucor this week:

• Positive Sentiment: Zacks Research raised its Q3 2026 EPS estimate to $5.95 from $5.62 and its Q4 2026 estimate to $5.06 from $4.68, suggesting potentially stronger near-term operating performance. However, the firm maintained a “Hold” rating. Zacks Research Nucor estimates
• Positive Sentiment: Nucor received a consensus analyst recommendation of “Moderate Buy,” providing some support for the stock’s longer-term outlook. Nucor receives Moderate Buy consensus
• Positive Sentiment: A long-term performance review highlights the potential benefits of holding Nucor over extended periods, reinforcing the company’s appeal as a cyclical steel and dividend investment rather than a short-term trade. Nucor decade-long investment performance
• Neutral Sentiment: Industry research projects substantial growth in the global direct reduced iron market through 2034. This could create longer-term opportunities for lower-emission steelmaking, but the report does not identify a specific new contract or earnings impact for Nucor. Global direct reduced iron market outlook
• Negative Sentiment: Zacks Research cut multiple future EPS forecasts: FY2027 to $19.15 from $23.08, FY2028 to $20.11 from $23.38, Q4 2027 to $3.58 from $5.69, Q1 2028 to $4.51 from $5.51, and Q2 2028 to $5.32 from $5.84. The revisions point to expectations for weaker steel pricing or margins over the longer term. Nucor earnings estimate revisions
• Negative Sentiment: Commentary questions whether Nucor can withstand softer sheet-steel pricing, a key risk because lower selling prices can compress margins even when production volumes remain healthy. Nucor and softer sheet steel pricing

Wall Street Analysts Forecast Growth

NUE has been the topic of a number of analyst reports. 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 research note on Tuesday, June 16th. Seaport Research Partners upped their price target 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. Morgan Stanley set a $270.00 price target on shares of Nucor in a research note on Wednesday, July 29th. Wells Fargo & Company lifted their price objective on shares of Nucor from $283.00 to $297.00 and gave the company an “overweight” rating in a research report on Wednesday, July 29th. Finally, Barclays upped their target price on shares of Nucor from $272.00 to $295.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. Twelve research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Nucor currently has an average rating of “Moderate Buy” and an average price target of $273.31.

Insider Buying and Selling

In other Nucor news, EVP Thomas J. Batterbee sold 4,000 shares of Nucor stock in a transaction on 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 completion of the transaction, the executive vice president directly owned 16,138 shares of the company’s stock, valued at $4,212,340.76. The trade was a 19.86% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Stephen D. Laxton sold 3,968 shares of the stock in a transaction on Thursday, July 30th. The stock was sold at an average price of $256.96, for a total value of $1,019,617.28. Following the sale, the chief operating officer directly owned 77,867 shares in the company, 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. Insiders sold 21,028 shares of company stock valued at $5,355,535 over the last 90 days. 0.62% of the stock is currently owned by insiders.

Nucor Stock Performance

Shares of NYSE NUE opened at $271.30 on Thursday. Nucor Corporation has a one year low of $131.32 and a one year high of $280.11. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.51 and a quick ratio of 1.36. The firm has a market cap of $61.79 billion, a price-to-earnings ratio of 21.63, a P/E/G ratio of 0.61 and a beta of 1.89. The stock’s fifty day moving average price is $246.66 and its two-hundred day moving average price is $213.06.

Nucor (NYSE:NUE) last released its quarterly earnings results on Monday, July 27th. The basic materials company reported $4.84 EPS for the quarter, beating 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 business had revenue of $10.40 billion for the quarter, compared to the consensus estimate of $10.15 billion. During the same period in the prior year, the company posted $2.60 earnings per share. Nucor’s revenue was up 23.0% compared to the same quarter last year. On average, equities analysts forecast that Nucor Corporation will post 17.95 EPS for the current year.

Nucor Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, August 11th. Shareholders of record on Tuesday, June 30th were paid a dividend of $0.56 per share. This represents a $2.24 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date was Tuesday, June 30th. Nucor’s dividend payout ratio (DPR) is 17.86%.

Nucor Company 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.