John Hollatz Sells 7,000 Shares of Nucor (NYSE:NUE) Stock

Nucor Corporation (NYSE:NUE) EVP John Hollatz sold 7,000 shares of the business’s stock in a transaction that occurred 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 transaction, the executive vice president owned 96,550 shares of the company’s stock, valued at $14,470,914. This represents a 6.76% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Nucor Price Performance

Shares of NYSE NUE opened at $147.80 on Friday. Nucor Corporation has a 1-year low of $97.59 and a 1-year high of $158.48. The firm has a market capitalization of $33.93 billion, a PE ratio of 20.76, a P/E/G ratio of 1.14 and a beta of 1.80. 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 business’s fifty day moving average price is $140.46 and its two-hundred day moving average price is $134.68.

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

Nucor Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, November 10th. Stockholders of record on Tuesday, September 30th were given a dividend of $0.55 per share. The ex-dividend date was Tuesday, September 30th. This represents a $2.20 annualized dividend and a dividend yield of 1.5%. Nucor’s payout ratio is currently 30.90%.

Institutional Investors Weigh In On Nucor

Hedge funds and other institutional investors have recently bought and sold shares of the business. IMA Advisory Services Inc. grew its stake 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 worth $29,000 after purchasing an additional 75 shares during the last quarter. Matrix Trust Co boosted its holdings in Nucor by 53.8% during the second quarter. Matrix Trust Co now owns 240 shares of the basic materials company’s stock worth $31,000 after buying an additional 84 shares in the last quarter. AXS Investments LLC acquired a new position in Nucor in the third quarter worth approximately $37,000. Vision Financial Markets LLC grew its position in Nucor by 281.7% in the third quarter. Vision Financial Markets LLC now owns 271 shares of the basic materials company’s stock worth $37,000 after buying an additional 200 shares during the last quarter. Finally, Caitlin John LLC bought a new position in shares of Nucor in the third quarter valued at $41,000. 76.48% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms recently commented on NUE. JPMorgan Chase & Co. raised their target price on Nucor from $172.00 to $175.00 and gave the company an “overweight” rating in a research report on Wednesday, October 29th. Wall Street Zen cut Nucor from a “buy” rating to a “hold” rating in a research note on Sunday, November 9th. UBS Group raised their price target on Nucor from $165.00 to $168.00 and gave the company a “buy” rating in a report on Wednesday, October 29th. Morgan Stanley upped their price objective on shares of Nucor from $152.00 to $165.00 and gave the stock an “overweight” rating in a report on Tuesday, October 28th. Finally, Bank of America raised their target price on shares of Nucor from $150.00 to $165.00 and gave the company a “buy” rating in a research note on Monday, September 15th. Nine research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $167.20.

Nucor Company Profile

Nucor Corporation engages in manufacture and sale of steel and steel products. It operates in three segments: steel mills, steel products, and raw materials. The Steel Mills segment produces hot-rolled, cold-rolled, and galvanized sheet steel products; plate steel products; wide-flange beams, beam blanks, and H-piling and sheet piling structural steel products; bar steel products, such as blooms, billets, concrete reinforcing and merchant bars, and engineered special bar quality products; and engages in the steel trading and rebar distribution businesses.