3,382 Shares in Nucor Corporation $NUE Purchased by Osmosis Investment Management UK Ltd

Osmosis Investment Management UK Ltd bought a new stake in Nucor Corporation (NYSE:NUE) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 3,382 shares of the basic materials company’s stock, valued at approximately $753,000.

A number of other institutional investors also recently bought and sold shares of NUE. Integrated Wealth Concepts LLC increased its stake in shares of Nucor by 21.1% in the first quarter. Integrated Wealth Concepts LLC now owns 3,266 shares of the basic materials company’s stock worth $393,000 after acquiring an additional 568 shares during the period. Dynamic Technology Lab Private Ltd acquired a new position in Nucor during the first quarter valued at $259,000. Geneos Wealth Management Inc. boosted its holdings in Nucor by 81.8% in the first quarter. Geneos Wealth Management Inc. now owns 340 shares of the basic materials company’s stock valued at $41,000 after purchasing an additional 153 shares during the last quarter. Sivia Capital Partners LLC purchased a new stake in Nucor in the second quarter valued at $390,000. Finally, Cerity Partners LLC grew its position in Nucor by 51.9% during the 2nd quarter. Cerity Partners LLC now owns 40,629 shares of the basic materials company’s stock worth $5,263,000 after purchasing an additional 13,877 shares during the period. 76.48% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. KeyCorp upgraded Nucor from a “sector weight” rating to an “overweight” rating and set a $274.00 price objective for the company in a research note on Wednesday, June 24th. UBS Group raised their target price on Nucor from $224.00 to $256.00 and gave the stock a “neutral” rating in a report on Tuesday, July 28th. Seaport Research Partners lifted their price target on Nucor from $245.00 to $285.00 and gave the company a “buy” rating in a research report on Wednesday, June 10th. Barclays boosted their price target on Nucor from $272.00 to $295.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. Finally, Bank of America lowered their price objective on Nucor from $290.00 to $280.00 and set a “buy” rating on the stock in a research report on Thursday, July 9th. Twelve equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, Nucor presently has an average rating of “Moderate Buy” and an average price target of $272.38.

Key Stories Impacting Nucor

Here are the key news stories impacting Nucor this week:

• Positive Sentiment: Wolfe Research maintained its Buy rating on Nucor, reinforcing the bullish analyst view of the steelmaker. Wolfe Research Sticks to Its Buy Rating for Nucor
• Positive Sentiment: Nucor was highlighted as a beneficiary of a broad metals-sector rally. Investors are also emphasizing its electric-arc-furnace operations, which are primarily U.S.-based and less exposed to tariff-burdened imports, as well as infrastructure-driven steel demand and its 52-year record of dividend increases. Nucor On The Radar As A Broad Metals Rally Lifts The Sector
• Positive Sentiment: The breakdown in U.S.-Canada trade discussions put steel tariffs back in focus, prompting gains across U.S. steel producers, including Nucor. The market is interpreting higher trade barriers as potential support for domestic steel prices, demand, and margins. Steel Stocks Jump as U.S.-Canada Tariff Fight Escalates
• Neutral Sentiment: Wells Fargo lowered its Nucor price target from $297 to $285 but retained an Overweight rating. The reduced target tempers the bullish outlook, while still indicating expected upside from the referenced share price.
• Neutral Sentiment: Recent coverage characterized Nucor’s rebound as a recovery from tariff-related volatility. While protectionist policy may improve its competitive position, changing trade policy and retaliation risks could produce sharp price swings. Nucor Shares Rebound After Tariff-Driven Volatility

Nucor Trading Up 1.3%

Shares of Nucor stock opened at $247.78 on Wednesday. The firm has a 50-day simple moving average of $246.35 and a two-hundred day simple moving average of $217.86. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.36 and a current ratio of 2.51. Nucor Corporation has a fifty-two week low of $131.32 and a fifty-two week high of $280.11. The company has a market cap of $56.22 billion, a P/E ratio of 19.76, a price-to-earnings-growth ratio of 0.91 and a beta of 1.89.

Nucor (NYSE:NUE) last posted its earnings results on Monday, July 27th. The basic materials company reported $4.84 EPS for the quarter, beating analysts’ consensus estimates of $4.46 by $0.38. Nucor had a return on equity of 12.73% and a net margin of 7.99%.The firm had revenue of $10.40 billion for the quarter, compared to analysts’ expectations of $10.15 billion. During the same period last year, the firm earned $2.60 EPS. The company’s quarterly revenue was up 23.0% on a year-over-year basis. As a group, equities analysts predict that Nucor Corporation will post 17.95 earnings per share for the current fiscal year.

Nucor Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, August 11th. Stockholders of record on Tuesday, June 30th were paid a dividend of $0.56 per share. This represents a $2.24 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend was Tuesday, June 30th. Nucor’s dividend payout ratio is presently 17.86%.

Insider Transactions at Nucor

In related news, COO Stephen D. Laxton sold 3,968 shares of the business’s stock in a transaction on Thursday, July 30th. The shares were sold at an average price of $256.96, for a total value of $1,019,617.28. Following the completion of the sale, the chief operating officer owned 77,867 shares of the company’s stock, valued at approximately $20,008,704.32. The trade was a 4.85% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Thomas J. Batterbee sold 4,000 shares of the business’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $261.02, for a total transaction of $1,044,080.00. Following the completion of the sale, the executive vice president directly owned 16,138 shares of the company’s stock, valued at approximately $4,212,340.76. The trade was a 19.86% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 18,528 shares of company stock valued at $4,793,035 in the last three months. 0.62% of the stock is currently owned by company 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.