Groupama Asset Managment Sells 3,943 Shares of Nucor Corporation $NUE

Groupama Asset Managment decreased its position in Nucor Corporation (NYSE:NUE) by 46.1% during the 1st quarter, Holdings Channel.com reports. The firm owned 4,603 shares of the basic materials company’s stock after selling 3,943 shares during the period. Groupama Asset Managment’s holdings in Nucor were worth $778,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Pathway Wealth Management LLC purchased a new position in shares of Nucor during the 1st quarter valued at $207,000. Western Wealth Management LLC raised its stake in Nucor by 41.7% in the 1st quarter. Western Wealth Management LLC now owns 4,378 shares of the basic materials company’s stock valued at $740,000 after acquiring an additional 1,288 shares during the period. Dayah Capital LLC purchased a new stake in Nucor during the first quarter valued at about $2,029,000. Kentucky Retirement Systems lifted its holdings in Nucor by 82.2% during the first quarter. Kentucky Retirement Systems now owns 26,272 shares of the basic materials company’s stock valued at $4,443,000 after purchasing an additional 11,851 shares during the last quarter. Finally, Arkadios Wealth Advisors boosted its position in Nucor by 7.9% during the first quarter. Arkadios Wealth Advisors now owns 6,202 shares of the basic materials company’s stock worth $1,049,000 after purchasing an additional 452 shares during the period. 76.48% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, EVP Bradley Ford sold 2,240 shares of the firm’s stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $232.13, for a total value of $519,971.20. Following the sale, the executive vice president directly owned 43,649 shares of the company’s stock, valued at $10,132,242.37. This trade represents a 4.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP John J. Hollatz sold 10,560 shares of the firm’s stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $258.46, for a total transaction of $2,729,337.60. Following the sale, the executive vice president owned 97,865 shares in the company, valued at approximately $25,294,187.90. This trade represents a 9.74% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 15,300 shares of company stock worth $3,811,809 over the last ninety days. 0.62% of the stock is owned by corporate insiders.

Nucor Price Performance

Shares of NYSE:NUE opened at $257.19 on Monday. The company has a 50 day moving average of $242.94 and a 200 day moving average of $207.61. The stock has a market cap of $58.57 billion, a P/E ratio of 20.51, a P/E/G ratio of 0.58 and a beta of 1.89. Nucor Corporation has a 12 month low of $131.32 and a 12 month high of $270.90. The company has a current ratio of 2.51, a quick ratio of 1.36 and a debt-to-equity ratio of 0.27.

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, topping 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 analysts’ expectations of $10.15 billion. During the same period in the prior year, the company posted $2.60 EPS. The business’s revenue for the quarter was up 23.0% compared to the same quarter last year. As a group, sell-side analysts forecast that Nucor Corporation will post 17.84 EPS for the current fiscal 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 $0.56 dividend. This represents a $2.24 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date is Tuesday, June 30th. Nucor’s dividend payout ratio (DPR) is 17.86%.

Nucor News Roundup

Here are the key news stories impacting Nucor this week:

• Positive Sentiment: Analysts raise earnings expectations: Zacks Research brokers increased their earnings estimates for Nucor, suggesting greater confidence in the company’s near-term profitability. Zacks Research Brokers Raise Earnings Estimates for Nucor
• Positive Sentiment: Record shipments strengthen the outlook: Nucor’s shipment performance is being cited as a key reason for a more bullish earnings outlook, indicating solid demand across its steel operations. Nucor’s Record Shipments Drive Bullish Earnings Outlook
• Positive Sentiment: Positive momentum and relative performance: Nucor is described as a strong momentum stock and has outperformed other basic-materials companies, including Charlotte-based Albemarle, supporting continued investor interest. Here’s Why Nucor Is a Strong Momentum Stock Nucor Outshines Albemarle in Charlotte Stock Duel
• Positive Sentiment: UBS sees further upside: A UBS Group analyst expects Nucor’s stock price to rise, adding to the constructive analyst sentiment. Nucor Stock Price Expected to Rise, UBS Analyst Says
• Neutral Sentiment: Analyst views are not unanimous: Recent coverage includes mixed opinions on Nucor, while another report discusses Nucor alongside Ecolab without indicating a clear change in the company’s fundamentals. Analysts’ Opinions Are Mixed on Nucor
• Negative Sentiment: Macro risks remain: A shrinking U.S. trade deficit is accompanied by signs of pressure in steel mills, freight activity and consumer sentiment, raising concerns about industrial demand and potential cyclicality for steel producers. What a $101.5 Billion Trade Deficit Really Means for Americans in 2026

Wall Street Analyst Weigh In

Several research firms have recently weighed in on NUE. BMO Capital Markets lifted their target price on shares of Nucor from $285.00 to $295.00 and gave the stock an “outperform” rating in a research note on Wednesday. Jefferies Financial Group raised their price objective on shares of Nucor from $225.00 to $250.00 and gave the stock a “buy” rating in a report on Tuesday, April 28th. Citigroup reiterated a “buy” rating on shares of Nucor in a research note on Wednesday. The Goldman Sachs Group increased their target price on Nucor from $260.00 to $284.00 and gave the stock a “buy” rating in a research report on Tuesday, June 16th. Finally, KeyCorp raised Nucor from a “sector weight” rating to an “overweight” rating and set a $274.00 price target for the company in a report on Wednesday, June 24th. Twelve investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $273.31.

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.