OMERS ADMINISTRATION Corp Purchases 6,756 Shares of Nucor Corporation $NUE

OMERS ADMINISTRATION Corp increased its position in Nucor Corporation (NYSE:NUE) by 66.3% during the first quarter, HoldingsChannel reports. The institutional investor owned 16,940 shares of the basic materials company’s stock after acquiring an additional 6,756 shares during the period. OMERS ADMINISTRATION Corp’s holdings in Nucor were worth $2,865,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Strive Financial Group LLC bought a new stake in Nucor in the fourth quarter worth approximately $27,000. Stance Capital LLC acquired a new stake in shares of Nucor in the 3rd quarter valued at $25,000. Bartlett & CO. Wealth Management LLC lifted its stake in shares of Nucor by 49.2% in the 1st 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. Mcguire Capital Advisors Inc. bought a new stake in Nucor in the fourth quarter worth $32,000. Finally, Motiv8 Investments LLC bought a new stake in Nucor in the fourth quarter worth $32,000. Institutional investors own 76.48% of the company’s stock.

Insider Buying and Selling at Nucor

In other Nucor news, EVP Daniel R. Needham sold 12,888 shares of Nucor stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $226.00, for a total value of $2,912,688.00. Following the transaction, the executive vice president directly owned 89,724 shares of the company’s stock, valued at $20,277,624. The trade was a 12.56% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP David A. Sumoski sold 33,068 shares of the company’s stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $225.67, for a total value of $7,462,455.56. Following the transaction, the executive vice president owned 243,339 shares of the company’s stock, valued at approximately $54,914,312.13. This trade represents a 11.96% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 82,378 shares of company stock worth $18,963,930 in the last ninety days. 0.62% of the stock is owned by insiders.

Nucor News Summary

Here are the key news stories impacting Nucor this week:

• Positive Sentiment: Q2 earnings and revenue beat estimates: Nucor reported adjusted earnings of $4.84 per share versus the $4.46 consensus estimate, while revenue reached $10.40 billion, above expectations of $10.15 billion. Revenue increased 23% year over year, and adjusted earnings were well above the $2.60 reported in the prior-year quarter. Nucor Reports Results for the Second Quarter of 2026
• Positive Sentiment: Record shipments and stronger pricing boosted profitability: Record steel-mill shipments, higher average selling prices and solid demand drove consolidated net earnings to $1.16 billion, up from $743 million in the first quarter and $603 million a year earlier. Nucor posts record steel shipments on higher pricing, strong demand
• Positive Sentiment: Management expects further improvement: Nucor said it expects higher consolidated reported earnings in the third quarter, suggesting that improving steel demand, pricing and volumes may continue supporting results. Nucor beats quarterly results on strong pricing, demand
• Positive Sentiment: Shareholder returns remain supportive: Nucor returned approximately $479 million through dividends and share repurchases during the quarter, including the repurchase of about 1.53 million shares. The company also affirmed its regular cash dividend. Nucor could be undervalued on Q2 results and dividend affirmation

Wall Street Analyst Weigh In

Several equities analysts have commented on NUE shares. Weiss Ratings raised shares of Nucor from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, May 14th. Argus boosted their price target on Nucor from $200.00 to $262.00 and gave the stock a “buy” rating in a research report on Friday, May 15th. BNP Paribas Exane upped their price target on Nucor from $210.00 to $248.00 and gave the stock an “outperform” rating in a research note on Monday, May 4th. Zacks Research lowered Nucor from a “strong-buy” rating to a “hold” rating in a report on Monday, June 29th. Finally, Seaport Research Partners boosted their target price on Nucor from $245.00 to $285.00 and gave the stock a “buy” rating in a report on Wednesday, June 10th. Twelve analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, Nucor has an average rating of “Moderate Buy” and a consensus price target of $268.77.

Nucor Stock Performance

NYSE:NUE opened at $265.51 on Wednesday. The firm has a market capitalization of $60.47 billion, a PE ratio of 21.17, a PEG ratio of 0.57 and a beta of 1.91. Nucor Corporation has a 1 year low of $131.32 and a 1 year high of $270.90. The company has a current ratio of 2.90, a quick ratio of 1.55 and a debt-to-equity ratio of 0.30. The firm’s fifty day simple moving average is $241.21 and its 200 day simple moving average is $205.69.

Nucor (NYSE:NUE) last released its earnings results on Monday, July 27th. The basic materials company reported $4.84 earnings per share for the quarter, topping analysts’ consensus estimates of $4.46 by $0.38. Nucor had a net margin of 7.99% and a return on equity of 12.88%. The firm had revenue of $10.40 billion during the quarter, compared to analyst estimates of $10.15 billion. During the same quarter in the previous year, the business earned $2.60 EPS. The business’s revenue was up 23.0% on a year-over-year basis. On average, sell-side analysts anticipate that Nucor Corporation will post 17.53 EPS for the current year.

Nucor Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 11th. Investors of record on Tuesday, June 30th will be given a dividend of $0.56 per share. This represents a $2.24 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Tuesday, June 30th. Nucor’s payout ratio is currently 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.