Rakuten Investment Management Inc. Makes New $32.92 Million Investment in Nucor Corporation $NUE

Rakuten Investment Management Inc. bought a new stake in shares of Nucor Corporation (NYSE:NUE) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 243,044 shares of the basic materials company’s stock, valued at approximately $32,915,000. Rakuten Investment Management Inc. owned about 0.11% of Nucor at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. RFG Advisory LLC boosted its stake in Nucor by 2.9% during the 2nd quarter. RFG Advisory LLC now owns 2,462 shares of the basic materials company’s stock valued at $319,000 after acquiring an additional 69 shares during the last quarter. IMA Advisory Services Inc. raised its stake in shares of Nucor by 51.4% in the 2nd quarter. IMA Advisory Services Inc. now owns 221 shares of the basic materials company’s stock valued at $29,000 after purchasing an additional 75 shares in the last quarter. HUB Investment Partners LLC raised its stake in shares of Nucor by 1.9% in the 2nd quarter. HUB Investment Partners LLC now owns 4,099 shares of the basic materials company’s stock valued at $531,000 after purchasing an additional 75 shares in the last quarter. Dorsey & Whitney Trust CO LLC lifted its position in shares of Nucor by 1.9% during the second quarter. Dorsey & Whitney Trust CO LLC now owns 4,326 shares of the basic materials company’s stock worth $560,000 after purchasing an additional 79 shares during the last quarter. Finally, Versant Capital Management Inc grew its stake in Nucor by 23.2% in the third quarter. Versant Capital Management Inc now owns 425 shares of the basic materials company’s stock worth $58,000 after purchasing an additional 80 shares in the last quarter. Institutional investors and hedge funds own 76.48% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on NUE. JPMorgan Chase & Co. upped their price objective on Nucor from $175.00 to $200.00 and gave the company an “overweight” rating in a research note on Friday, December 5th. Weiss Ratings reiterated a “hold (c)” rating on shares of Nucor in a report on Monday, December 29th. BMO Capital Markets reiterated an “outperform” rating on shares of Nucor in a research note on Wednesday, October 29th. Wells Fargo & Company set a $176.00 price target on shares of Nucor in a research report on Thursday, December 18th. Finally, BNP Paribas Exane lifted 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. Nine investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $177.27.

Insiders Place Their Bets

In other Nucor news, CFO Stephen D. Laxton sold 2,003 shares of Nucor 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 sale, the chief financial officer owned 88,174 shares of the company’s stock, valued at $13,364,533.18. The trade was a 2.22% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP John J. Hollatz sold 7,000 shares of the business’s stock in a transaction 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 transaction, the executive vice president owned 96,550 shares of the company’s stock, valued at $14,470,914. This trade represents a 6.76% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 25,995 shares of company stock worth $3,990,634. 0.71% of the stock is currently owned by corporate insiders.

Nucor Price Performance

Shares of NYSE NUE opened at $174.43 on Wednesday. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.77 and a quick ratio of 1.51. The firm has a market capitalization of $39.92 billion, a PE ratio of 24.50, a P/E/G ratio of 0.95 and a beta of 1.87. Nucor Corporation has a 1-year low of $97.59 and a 1-year high of $175.94. The business’s fifty day moving average price is $161.72 and its two-hundred day moving average price is $148.66.

Nucor (NYSE:NUE) last released its quarterly earnings results on Monday, October 27th. The basic materials company reported $2.63 EPS for the quarter, topping 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 analyst estimates of $8.27 billion. During the same quarter in the prior year, the firm earned $1.49 earnings per share. The company’s quarterly revenue was up 14.5% on a year-over-year basis. Nucor has set its Q4 2025 guidance at -2.630 EPS. On average, research analysts expect that Nucor Corporation will post 7.64 EPS for the current year.

Nucor Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, February 11th. Shareholders of record on Wednesday, December 31st will be paid a $0.56 dividend. The ex-dividend date is Wednesday, December 31st. This is an increase 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 (DPR) is 31.46%.

Nucor 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.