25,660 Nucor Corporation $NUE Shares Sold by Vest Financial LLC

Vest Financial LLC lessened its position in shares of Nucor Corporation (NYSE:NUE) by 11.0% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 207,727 shares of the basic materials company’s stock after selling 25,660 shares during the period. Vest Financial LLC owned about 0.09% of Nucor worth $48,556,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Tidal Investments LLC raised its holdings in shares of Nucor by 31.2% during the second quarter. Tidal Investments LLC now owns 61,952 shares of the basic materials company’s stock worth $13,800,000 after purchasing an additional 14,736 shares during the period. California Public Employees Retirement System lifted its position in shares of Nucor by 19.3% in the 1st quarter. California Public Employees Retirement System now owns 510,331 shares of the basic materials company’s stock worth $86,297,000 after buying an additional 82,668 shares during the last quarter. Oppenheimer Asset Management Inc. bought a new position in shares of Nucor in the 2nd quarter worth about $7,954,000. BIP Wealth LLC bought a new position in shares of Nucor in the 2nd quarter worth about $852,000. Finally, Bank of New York Mellon Corp boosted its holdings in shares of Nucor by 1.7% in the 1st quarter. Bank of New York Mellon Corp now owns 1,809,899 shares of the basic materials company’s stock valued at $306,054,000 after buying an additional 29,476 shares during the period. Institutional investors and hedge funds own 76.48% of the company’s stock.

Nucor Price Performance

Shares of NUE opened at $264.40 on Thursday. Nucor Corporation has a 12 month low of $135.59 and a 12 month 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 stock has a fifty day moving average price of $253.08 and a 200 day moving average price of $240.45. The company has a market cap of $59.99 billion, a P/E ratio of 21.08, a PEG ratio of 0.64 and a beta of 1.84.

Nucor (NYSE:NUE) last posted its earnings results on Monday, July 27th. The basic materials company reported $4.84 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.46 by $0.38. Nucor had a return on equity of 12.73% and a net margin of 7.99%. The company had revenue of $10.40 billion for the quarter, compared to analysts’ expectations of $10.15 billion. During the same period last year, the business posted $2.60 earnings per share. The firm’s quarterly revenue was up 23.0% compared to the same quarter last year. On average, research analysts forecast that Nucor Corporation will post 19.62 earnings per share for the current year.

Nucor Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 10th. Investors of record on Wednesday, September 30th will be issued a $0.56 dividend. This represents a $2.24 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Wednesday, September 30th. Nucor’s dividend payout ratio (DPR) is 17.86%.

Key Nucor News

Here are the key news stories impacting Nucor this week:

• Positive Sentiment: Higher steel prices and growth initiatives support the outlook. Nucor is benefiting from stronger steel pricing, resilient end-market demand, higher volumes and strategic acquisitions. Capacity expansions are expected to provide additional earnings support. NUE Rides on Expansion Actions, Higher Steel Prices & Acquisitions
• Positive Sentiment: Utility-infrastructure investment adds long-term growth capacity. Nucor announced a $60 million expansion of its Towers & Structures facility in Trinity, Alabama, subject to approvals. The project is expected to add 60 jobs and increase production of steel poles and other structures to meet growing utility-infrastructure demand. Nucor Expands Alabama Towers & Structures Facility
• Positive Sentiment: Wall Street’s Q3 framework remains an important potential catalyst. Analysts are focusing on revenue, earnings and operating metrics for the quarter ended September 2026. The coverage signals continued investor attention to whether pricing, shipments and margins are tracking favorably. Nucor Q3 Outlook
• Positive Sentiment: NUE continues to show strong relative performance. Zacks highlighted Nucor’s market outperformance, while another screen included it among highly ranked non-technology stocks with strong returns, improving estimates and business expansion. Nucor Laps the Stock Market
• Neutral Sentiment: Sector trading was mixed. Nucor held relatively steady while Cleveland-Cliffs declined amid profit-taking, suggesting NUE was comparatively defensive within the steel group. Steel Sector Trading

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. KeyCorp lowered their price objective on shares of Nucor from $288.00 to $286.00 and set an “overweight” rating for the company in a research report on Monday, October 5th. The Goldman Sachs Group dropped their price objective on shares of Nucor from $304.00 to $302.00 and set a “buy” rating on the stock in a research note on Friday, September 18th. Wells Fargo & Company cut their target price on shares of Nucor from $285.00 to $280.00 and set an “overweight” rating on the stock in a report on Friday, September 18th. Morgan Stanley set a $270.00 target price on Nucor in a research note on Wednesday, July 29th. Finally, Weiss Ratings upgraded Nucor from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, October 15th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, Nucor currently has an average rating of “Moderate Buy” and an average price target of $276.86.

Insider Activity

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 transaction 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 transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, COO Stephen Laxton sold 3,968 shares of the business’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 $20,008,704.32. The trade was a 4.85% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 0.62% of the company’s stock.

About Nucor

Nucor Corporation is a steel producer headquartered in Charlotte, North Carolina. Through its operating subsidiaries, the company manufactures steel and steel products for customers in construction, automotive, energy, heavy equipment, transportation and other industrial markets.

Nucor’s operations include electric arc furnace steel mills, which produce carbon, alloy and galvanized steel products. Its product portfolio includes sheet steel, plate, beams, bars, wire and wire mesh, steel joists, deck, piling, fabricated concrete reinforcing steel and other downstream products.