Massachusetts Financial Services Co. MA Purchases 75,075 Shares of Nucor Corporation $NUE

Massachusetts Financial Services Co. MA lifted its position in Nucor Corporation (NYSE:NUE) by 9.2% in the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 888,990 shares of the basic materials company’s stock after acquiring an additional 75,075 shares during the period. Massachusetts Financial Services Co. MA owned 0.39% of Nucor worth $120,396,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of NUE. Integrated Wealth Concepts LLC increased its stake in shares of Nucor by 21.1% during the first quarter. Integrated Wealth Concepts LLC now owns 3,266 shares of the basic materials company’s stock valued at $393,000 after purchasing an additional 568 shares in the last quarter. Dynamic Technology Lab Private Ltd purchased a new stake in shares of Nucor in the 1st quarter worth approximately $259,000. Geneos Wealth Management Inc. increased its position in Nucor by 81.8% during the 1st quarter. Geneos Wealth Management Inc. now owns 340 shares of the basic materials company’s stock valued at $41,000 after buying an additional 153 shares in the last quarter. Sivia Capital Partners LLC purchased a new position in Nucor during the second quarter valued at $390,000. Finally, Annex Advisory Services LLC bought a new stake in Nucor in the second quarter worth $201,000. 76.48% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Nucor in a research report on Monday, December 29th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Nucor in a report on Wednesday, October 29th. The Goldman Sachs Group increased their price target on shares of Nucor from $182.00 to $196.00 and gave the company a “buy” rating in a report on Friday, January 16th. Wall Street Zen downgraded shares of Nucor from a “buy” rating to a “hold” rating in a research report on Saturday, December 20th. Finally, UBS Group upped their price objective on Nucor from $165.00 to $168.00 and gave the company a “buy” rating in a research report on Wednesday, October 29th. Nine investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, Nucor presently has a consensus rating of “Moderate Buy” and a consensus price target of $177.27.

Nucor Stock Up 0.0%

NUE opened at $174.43 on Wednesday. The stock has a market capitalization of $39.92 billion, a price-to-earnings ratio of 24.50, a PEG ratio of 0.95 and a beta of 1.87. The firm has a 50 day moving average price of $161.72 and a 200-day moving average price of $148.66. Nucor Corporation has a twelve month low of $97.59 and a twelve month high of $175.94. The company has a quick ratio of 1.51, a current ratio of 2.77 and a debt-to-equity ratio of 0.30.

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

Nucor Increases Dividend

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

Insider Transactions at Nucor

In other Nucor news, EVP John J. Hollatz sold 7,000 shares of the business’s stock in a transaction dated Wednesday, November 12th. The stock was sold at an average price of $149.88, for a total transaction 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 $14,470,914. The trade was a 6.76% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Stephen D. Laxton sold 2,003 shares of the stock in a transaction that occurred 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 transaction, the chief financial officer owned 88,174 shares in the company, valued at $13,364,533.18. This trade represents a 2.22% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 25,995 shares of company stock valued at $3,990,634. Company insiders own 0.71% of the company’s stock.

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.