Hillman Capital Management Inc. Sells 3,836 Shares of Nucor Corporation $NUE

Hillman Capital Management Inc. cut its holdings in Nucor Corporation (NYSE:NUE) by 12.5% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,829 shares of the basic materials company’s stock after selling 3,836 shares during the period. Nucor accounts for 1.9% of Hillman Capital Management Inc.’s holdings, making the stock its 25th biggest holding. Hillman Capital Management Inc.’s holdings in Nucor were worth $3,475,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. RFG Advisory LLC raised its holdings in shares of Nucor by 2.9% during the 2nd quarter. RFG Advisory LLC now owns 2,462 shares of the basic materials company’s stock worth $319,000 after acquiring an additional 69 shares in the last quarter. IMA Advisory Services Inc. raised its stake in Nucor by 51.4% during the second 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 lifted its position in Nucor by 1.9% during the second 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 during the last quarter. Dorsey & Whitney Trust CO LLC grew its stake in shares of Nucor by 1.9% in the 2nd quarter. Dorsey & Whitney Trust CO LLC now owns 4,326 shares of the basic materials company’s stock worth $560,000 after buying an additional 79 shares in the last quarter. Finally, Matrix Trust Co increased its holdings in shares of Nucor by 53.8% in the 2nd quarter. Matrix Trust Co now owns 240 shares of the basic materials company’s stock worth $31,000 after buying an additional 84 shares during the last quarter. 76.48% of the stock is owned by hedge funds and other institutional investors.

Nucor Trading Down 1.0%

Nucor stock opened at $164.93 on Friday. Nucor Corporation has a 52 week low of $97.59 and a 52 week high of $168.07. The stock has a 50-day moving average price of $148.14 and a 200 day moving average price of $140.36. The company has a quick ratio of 1.51, a current ratio of 2.77 and a debt-to-equity ratio of 0.30. The company has a market capitalization of $37.75 billion, a price-to-earnings ratio of 23.16, a price-to-earnings-growth ratio of 1.20 and a beta of 1.85.

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 firm had revenue of $8.52 billion during 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 revenue was up 14.5% compared to the same quarter last year. 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. Sell-side analysts anticipate that Nucor Corporation will post 7.64 EPS for the current year.

Nucor Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, February 11th. Stockholders of record on Wednesday, December 31st will be issued a dividend of $0.56 per share. The ex-dividend date is Wednesday, December 31st. This represents a $2.24 dividend on an annualized basis and a dividend yield of 1.4%. This is a boost from Nucor’s previous quarterly dividend of $0.55. Nucor’s dividend payout ratio (DPR) is currently 30.90%.

Insider Activity at Nucor

In other Nucor news, EVP John J. Hollatz sold 7,000 shares of the company’s stock in a transaction dated Wednesday, November 12th. The shares were 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 represents a 6.76% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CFO Stephen D. Laxton sold 2,003 shares of the company’s 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 approximately $13,364,533.18. This represents a 2.22% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 18,045 shares of company stock worth $2,720,628. Company insiders own 0.46% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on NUE. Jefferies Financial Group lifted their target price on Nucor from $170.00 to $190.00 and gave the stock a “buy” rating in a report on Wednesday. Wall Street Zen raised Nucor from a “hold” rating to a “buy” rating in a research report on Monday, November 17th. Citigroup raised their price target on shares of Nucor from $150.00 to $180.00 and gave the stock a “buy” rating in a research note on Thursday, October 30th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Nucor in a research note on Monday. Finally, UBS Group lifted their price objective on Nucor from $165.00 to $168.00 and gave the company a “buy” rating in a report on Wednesday, October 29th. Nine investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, Nucor presently has a consensus rating of “Moderate Buy” and a consensus target price of $171.70.

Nucor Company Profile

Nucor Corporation engages in manufacture and sale of steel and steel products. It operates in three segments: steel mills, steel products, and raw materials. The Steel Mills segment produces hot-rolled, cold-rolled, and galvanized sheet steel products; plate steel products; wide-flange beams, beam blanks, and H-piling and sheet piling structural steel products; bar steel products, such as blooms, billets, concrete reinforcing and merchant bars, and engineered special bar quality products; and engages in the steel trading and rebar distribution businesses.