Nucor (NYSE:NUE) EVP John Hollatz Sells 10,560 Shares of Stock

Nucor Corporation (NYSE:NUE) EVP John Hollatz sold 10,560 shares of the business’s stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $258.46, for a total value of $2,729,337.60. Following the transaction, the executive vice president directly owned 97,865 shares of the company’s stock, valued at $25,294,187.90. This represents a 9.74% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Nucor Price Performance

NYSE NUE opened at $262.16 on Friday. Nucor Corporation has a twelve month low of $115.66 and a twelve month high of $264.67. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.55 and a current ratio of 2.90. The stock has a market capitalization of $59.70 billion, a PE ratio of 25.96, a P/E/G ratio of 0.68 and a beta of 1.88. The stock has a 50-day simple moving average of $211.86 and a 200 day simple moving average of $184.42.

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

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

Institutional Investors Weigh In On Nucor

Several large investors have recently modified their holdings of NUE. Vanguard Group Inc. grew its position in Nucor by 0.5% in the fourth quarter. Vanguard Group Inc. now owns 28,407,540 shares of the basic materials company’s stock valued at $4,633,554,000 after acquiring an additional 144,038 shares during the period. Morgan Stanley grew its position in Nucor by 1.1% in the fourth quarter. Morgan Stanley now owns 3,853,205 shares of the basic materials company’s stock valued at $628,497,000 after acquiring an additional 41,728 shares during the period. Norges Bank bought a new stake in Nucor in the fourth quarter valued at $609,002,000. Capital World Investors grew its position 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 period. Finally, Dimensional Fund Advisors LP grew its position in Nucor by 0.9% in the first quarter. Dimensional Fund Advisors LP now owns 2,539,044 shares of the basic materials company’s stock valued at $429,298,000 after acquiring an additional 22,718 shares during the period. 76.48% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have commented on NUE shares. Bank of America upped their price target on Nucor from $190.00 to $250.00 and gave the company a “buy” rating in a report on Tuesday, April 28th. Barclays started coverage on Nucor in a report on Thursday, May 21st. They issued an “overweight” rating and a $270.00 price target for the company. Citigroup upped their price target on Nucor from $180.00 to $260.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. Seaport Research Partners reaffirmed a “buy” rating and issued a $245.00 price target on shares of Nucor in a report on Thursday, April 30th. Finally, BMO Capital Markets upped their price target on Nucor from $250.00 to $285.00 and gave the company an “outperform” rating in a report on Wednesday. Two equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $255.67.

Trending Headlines about Nucor

Here are the key news stories impacting Nucor this week:

• Positive Sentiment: Analysts have lifted earnings estimates for Nucor on signs of stronger demand, tariff support, and capital projects that may increase future profits. Should Upbeat NUE Earnings Revisions and Leadership Transition Plans Require Action From Nucor Investors?
• Positive Sentiment: BMO Capital Markets raised its price target on Nucor to $285 and reiterated an Outperform rating, signaling further upside potential. MarketScreener
• Positive Sentiment: Another valuation update from GuruFocus put Nucor at roughly fair value around $286, which supports the idea that the stock can sustain its recent strength. NUE Fairly Valued by DCF at $286
• Neutral Sentiment: Nucor also disclosed planned retirement terms for executive David A. Sumoski, highlighting leadership transition planning rather than a major operational change. Should Upbeat NUE Earnings Revisions and Leadership Transition Plans Require Action From Nucor Investors?
• Neutral Sentiment: Valuation opinions remain split, with some analysts seeing Nucor in the mid-$260s to $270s while others still point to more cautious levels near $184, suggesting continued debate over the stock’s fair value. Why The Nucor (NUE) Story Is Shifting As Analyst Views And Valuations Diverge
• Negative Sentiment: EVP John J. Hollatz sold 10,560 shares for about $2.73 million, a transaction investors may view cautiously even though he still owns a substantial stake. Insider trade disclosure

About Nucor

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.