Jefferies Financial Group Boosts Nucor (NYSE:NUE) Price Target to $200.00

Nucor (NYSE:NUE) had its target price lifted by analysts at Jefferies Financial Group from $190.00 to $200.00 in a research note issued on Monday,MarketScreener reports. The brokerage presently has a “buy” rating on the basic materials company’s stock. Jefferies Financial Group’s price target indicates a potential upside of 14.45% from the company’s previous close.

Several other equities analysts have also recently weighed in on NUE. Wall Street Zen cut Nucor from a “buy” rating to a “hold” rating in a research note on Saturday, December 20th. JPMorgan Chase & Co. upped their price objective on shares of Nucor from $175.00 to $200.00 and gave the company an “overweight” rating in a research note on Friday, December 5th. The Goldman Sachs Group increased their target price on shares of Nucor from $173.00 to $182.00 and gave the stock a “buy” rating in a research report on Wednesday, November 12th. BNP Paribas Exane boosted their price target on shares of Nucor from $165.00 to $185.00 and gave the company an “outperform” rating in a report on Friday, January 2nd. Finally, Bank of America increased their price objective on Nucor from $150.00 to $165.00 and gave the stock a “buy” rating in a report on Monday, September 15th. Nine equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $176.00.

Nucor Trading Up 1.4%

Shares of NYSE:NUE traded up $2.46 during mid-day trading on Monday, hitting $174.75. The stock had a trading volume of 1,429,565 shares, compared to its average volume of 1,703,428. The company’s 50 day moving average is $159.27 and its 200-day moving average is $147.49. Nucor has a 12-month low of $97.59 and a 12-month high of $175.94. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.51 and a current ratio of 2.77. The company has a market cap of $39.99 billion, a PE ratio of 24.54, a P/E/G ratio of 0.92 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, beating the consensus estimate of $2.30 by $0.33. The company had revenue of $8.52 billion for the quarter, compared to the consensus estimate of $8.27 billion. Nucor had a net margin of 5.18% and a return on equity of 7.80%. The company’s revenue was up 14.5% on a year-over-year basis. During the same period in the previous year, the business earned $1.49 EPS. Nucor has set its Q4 2025 guidance at -2.630 EPS. On average, sell-side analysts predict that Nucor will post 7.64 EPS for the current year.

Insider Buying and Selling

In related news, EVP John J. Hollatz sold 7,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 12th. The stock was sold at an average price of $149.88, for a total value of $1,049,160.00. Following the completion of the sale, 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Thomas J. Batterbee sold 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 23rd. The stock was sold at an average price of $165.28, for a total value of $330,560.00. Following the sale, the executive vice president directly owned 17,952 shares of the company’s stock, valued at $2,967,106.56. The trade was a 10.02% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 25,995 shares of company stock worth $3,990,634 over the last ninety days. 0.46% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Nucor

Institutional investors have recently modified their holdings of the company. Uncommon Cents Investing LLC raised its stake in Nucor by 0.5% during the 4th quarter. Uncommon Cents Investing LLC now owns 21,220 shares of the basic materials company’s stock valued at $3,461,000 after purchasing an additional 115 shares during the last quarter. Nilsine Partners LLC bought a new position in shares of Nucor during the 4th quarter worth about $228,000. Nisa Investment Advisors LLC raised its position in shares of Nucor by 4.2% during the fourth quarter. Nisa Investment Advisors LLC now owns 75,276 shares of the basic materials company’s stock valued at $12,320,000 after buying an additional 3,024 shares during the last quarter. Sollinda Capital Management LLC bought a new stake in shares of Nucor in the fourth quarter valued at about $222,000. Finally, Jaffetilchin Investment Partners LLC grew its position in Nucor by 31.6% during the fourth quarter. Jaffetilchin Investment Partners LLC now owns 2,376 shares of the basic materials company’s stock worth $388,000 after buying an additional 571 shares in the last quarter. Institutional investors own 76.48% of the company’s stock.

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.