Nucor Corporation (NYSE:NUE) Given Average Recommendation of “Moderate Buy” by Brokerages

Nucor Corporation (NYSE:NUE) has been given an average rating of “Moderate Buy” by the eleven research firms that are presently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a hold recommendation and ten have given a buy recommendation to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $173.7273.

A number of research analysts recently issued reports on NUE shares. Citigroup raised their target price on shares of Nucor from $150.00 to $180.00 and gave the company a “buy” rating in a research note on Thursday, October 30th. Weiss Ratings restated a “hold (c)” rating on shares of Nucor in a report on Monday. Wall Street Zen lowered Nucor from a “buy” rating to a “hold” rating in a research note on Saturday, December 20th. The Goldman Sachs Group boosted their price objective on Nucor from $173.00 to $182.00 and gave the stock a “buy” rating in a research report on Wednesday, November 12th. Finally, BMO Capital Markets reaffirmed an “outperform” rating on shares of Nucor in a report on Wednesday, October 29th.

Insider Activity at Nucor

In other Nucor news, EVP Allen C. Behr sold 9,042 shares of the stock in a transaction on Thursday, October 30th. The shares were sold at an average price of $151.28, for a total value of $1,367,873.76. Following the completion of the sale, the executive vice president directly owned 73,661 shares of the company’s stock, valued at $11,143,436.08. This represents a 10.93% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Stephen D. Laxton sold 2,003 shares of the firm’s stock in a transaction on Thursday, October 30th. The stock was sold at an average price of $151.57, for a total transaction of $303,594.71. Following the completion of the sale, the chief financial officer owned 88,174 shares in the company, valued at $13,364,533.18. This represents a 2.22% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 25,995 shares of company stock valued at $3,990,634 in the last 90 days. 0.46% of the stock is owned by company insiders.

Hedge Funds Weigh In On Nucor

Several large investors have recently added to or reduced their stakes in NUE. Hudson Capital Management LLC grew its holdings in Nucor by 6.6% during the 2nd quarter. Hudson Capital Management LLC now owns 34,784 shares of the basic materials company’s stock worth $4,506,000 after acquiring an additional 2,154 shares during the period. Robeco Institutional Asset Management B.V. lifted its stake in shares of Nucor by 138.5% in the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 121,543 shares of the basic materials company’s stock valued at $15,745,000 after purchasing an additional 70,581 shares during the period. Fidelis Capital Partners LLC bought a new position in shares of Nucor in the 2nd quarter worth $236,000. Oppenheimer Asset Management Inc. acquired a new stake in shares of Nucor during the second quarter worth $5,225,000. Finally, Busey Bank increased its holdings in Nucor by 40.1% in the second quarter. Busey Bank now owns 111,938 shares of the basic materials company’s stock valued at $14,500,000 after purchasing an additional 32,044 shares during the last quarter. Institutional investors and hedge funds own 76.48% of the company’s stock.

Nucor Stock Performance

Shares of NYSE NUE opened at $169.20 on Monday. The business’s 50-day simple moving average is $156.19 and its 200-day simple moving average is $145.10. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.51 and a current ratio of 2.77. Nucor has a 52 week low of $97.59 and a 52 week high of $169.65. The firm has a market cap of $38.72 billion, a price-to-earnings ratio of 23.76, a P/E/G ratio of 0.87 and a beta of 1.87.

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

Nucor Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 11th. Stockholders of record on Wednesday, December 31st will be paid a $0.56 dividend. The ex-dividend date is Wednesday, December 31st. This is a positive change from Nucor’s previous quarterly dividend of $0.55. This represents a $2.24 annualized dividend and a dividend yield of 1.3%. Nucor’s dividend payout ratio is 31.46%.

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.