Nucor Corporation $NUE Shares Sold by Voya Investment Management LLC

Voya Investment Management LLC trimmed its stake in Nucor Corporation (NYSE:NUE) by 3.1% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 340,037 shares of the basic materials company’s stock after selling 10,938 shares during the quarter. Voya Investment Management LLC owned about 0.15% of Nucor worth $46,051,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. IMA Advisory Services Inc. grew its stake in shares of Nucor by 51.4% during the 2nd quarter. IMA Advisory Services Inc. now owns 221 shares of the basic materials company’s stock valued at $29,000 after buying an additional 75 shares during the period. Matrix Trust Co boosted its holdings in Nucor by 53.8% in the second quarter. Matrix Trust Co now owns 240 shares of the basic materials company’s stock valued at $31,000 after acquiring an additional 84 shares during the last quarter. Elevation Point Wealth Partners LLC purchased a new stake in Nucor during the second quarter valued at about $39,000. Geneos Wealth Management Inc. grew its position in Nucor by 81.8% during the first quarter. Geneos Wealth Management Inc. now owns 340 shares of the basic materials company’s stock valued at $41,000 after acquiring an additional 153 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. increased its stake in Nucor by 49.8% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 442 shares of the basic materials company’s stock worth $57,000 after acquiring an additional 147 shares during the last quarter. Hedge funds and other institutional investors own 76.48% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. Citigroup lifted their price objective on Nucor from $150.00 to $180.00 and gave the company a “buy” rating in a research note on Thursday, October 30th. Wells Fargo & Company set a $176.00 price target on shares of Nucor in a research report on Thursday. Bank of America boosted their price objective on shares of Nucor from $150.00 to $165.00 and gave the stock a “buy” rating in a research note on Monday, September 15th. Jefferies Financial Group raised their target price on shares of Nucor from $170.00 to $190.00 and gave the company a “buy” rating in a research note on Wednesday, December 10th. Finally, The Goldman Sachs Group lifted their target price on shares of Nucor from $173.00 to $182.00 and gave the company a “buy” rating in a report on Wednesday, November 12th. Nine analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, Nucor currently has an average rating of “Moderate Buy” and an average price target of $172.60.

Nucor Trading Up 0.6%

NUE opened at $158.78 on Friday. The firm’s 50 day moving average is $150.56 and its 200-day moving average is $142.19. Nucor Corporation has a 52-week low of $97.59 and a 52-week high of $168.07. The company has a quick ratio of 1.51, a current ratio of 2.77 and a debt-to-equity ratio of 0.30. The firm has a market capitalization of $36.34 billion, a P/E ratio of 22.30, a P/E/G ratio of 1.23 and a beta of 1.85.

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

Nucor Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, February 11th. Stockholders of record on Wednesday, December 31st will be paid a dividend of $0.56 per share. This is a boost from Nucor’s previous quarterly dividend of $0.55. This represents a $2.24 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Wednesday, December 31st. Nucor’s payout ratio is 30.90%.

Insider Transactions at Nucor

In other Nucor news, EVP Allen C. Behr sold 9,042 shares of Nucor stock in a transaction that occurred on Thursday, October 30th. The stock was sold at an average price of $151.28, for a total transaction of $1,367,873.76. Following the sale, the executive vice president directly owned 73,661 shares in the company, valued at $11,143,436.08. The trade was a 10.93% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP John J. Hollatz sold 7,000 shares of the company’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 completion of the transaction, the executive vice president directly owned 96,550 shares in the company, valued at approximately $14,470,914. The trade was a 6.76% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 18,045 shares of company stock valued at $2,720,628. 0.46% of the stock is currently owned by insiders.

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.