Capital International Investors Cuts Holdings in Nucor Corporation $NUE

Capital International Investors reduced its holdings in shares of Nucor Corporation (NYSE:NUE) by 61.8% in the 4th quarter, HoldingsChannel reports. The fund owned 2,142 shares of the basic materials company’s stock after selling 3,461 shares during the quarter. Capital International Investors’ holdings in Nucor were worth $350,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in NUE. Norges Bank acquired a new position in shares of Nucor during the 4th quarter worth about $609,002,000. AQR Capital Management LLC boosted its position in shares of Nucor by 580.9% during the 2nd quarter. AQR Capital Management LLC now owns 653,845 shares of the basic materials company’s stock worth $84,699,000 after acquiring an additional 557,819 shares in the last quarter. Capital World Investors boosted its position in shares of Nucor by 20.1% during the 3rd quarter. Capital World Investors now owns 3,042,761 shares of the basic materials company’s stock worth $412,081,000 after acquiring an additional 509,019 shares in the last quarter. Vaughan Nelson Investment Management L.P. boosted its position in shares of Nucor by 169.0% during the 4th quarter. Vaughan Nelson Investment Management L.P. now owns 779,940 shares of the basic materials company’s stock worth $127,216,000 after acquiring an additional 489,950 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its position in shares of Nucor by 27.5% during the 4th quarter. Bank of New York Mellon Corp now owns 1,780,423 shares of the basic materials company’s stock worth $290,405,000 after acquiring an additional 383,952 shares in the last quarter. 76.48% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Nucor

In other Nucor news, insider Michael D. Keller sold 4,554 shares of the stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $225.86, for a total transaction of $1,028,566.44. Following the completion of the sale, the insider directly owned 16,834 shares of the company’s stock, valued at approximately $3,802,127.24. This trade represents a 21.29% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Randy J. Spicer sold 2,500 shares of the stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $225.00, for a total value of $562,500.00. Following the sale, the executive vice president directly owned 20,510 shares of the company’s stock, valued at $4,614,750. The trade was a 10.86% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 82,378 shares of company stock worth $18,963,930. Insiders own 0.62% of the company’s stock.

Nucor News Summary

Here are the key news stories impacting Nucor this week:

• Positive Sentiment: Nucor declared a regular quarterly dividend of $0.56 per share, payable on August 11, 2026 to shareholders of record on June 30, 2026. This is Nucor’s 213th consecutive quarterly cash dividend, highlighting its consistent capital return policy. Article: Nucor Announces 213th Consecutive Cash Dividend
• Positive Sentiment: Analysts remain upbeat on Nucor, with recent coverage noting the company has outperformed the broader materials sector and that its outlook remains strong. A separate report said Wells Fargo recently raised its price target, adding to the bullish tone around the stock. Article: Nucor Stock: Is NUE Outperforming the Materials Sector?
• Neutral Sentiment: Nucor’s dividend yield is relatively modest at about 0.9%, so while the payout supports the stock, it is unlikely to be the sole driver of a large move.
• Neutral Sentiment: Broader market commentary also pointed to a favorable setup for industrial and materials names, including potential benefits from a weaker dollar and AI-related infrastructure spending, which could indirectly support demand for industrial metals producers like Nucor.

Nucor Stock Up 0.2%

Shares of NYSE NUE opened at $253.83 on Wednesday. The stock has a market cap of $57.81 billion, a PE ratio of 25.13, a price-to-earnings-growth ratio of 0.67 and a beta of 1.88. The company has a quick ratio of 1.55, a current ratio of 2.90 and a debt-to-equity ratio of 0.30. Nucor Corporation has a 52-week low of $115.66 and a 52-week high of $264.67. The business has a 50-day moving average price of $217.20 and a 200 day moving average price of $186.64.

Nucor (NYSE:NUE) last announced its earnings results on Monday, April 27th. The basic materials company reported $3.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.82 by $0.41. The firm had revenue of $9.50 billion during the quarter, compared to analysts’ expectations of $8.88 billion. Nucor had a return on equity of 10.68% and a net margin of 6.82%.The business’s revenue was up 21.3% on a year-over-year basis. During the same period in the prior year, the firm earned $0.77 EPS. Equities research analysts forecast that Nucor Corporation will post 14.84 earnings per share for the current year.

Nucor announced that its board has authorized a share repurchase program on Friday, February 20th that authorizes the company to buyback $4.00 billion in shares. This buyback authorization authorizes the basic materials company to purchase up to 9.7% of its shares through open market purchases. Shares buyback programs are generally a sign that the company’s management believes its shares are undervalued.

Nucor Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, August 11th. Investors of record on Tuesday, June 30th will be given a $0.56 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $2.24 dividend on an annualized basis and a dividend yield of 0.9%. Nucor’s dividend payout ratio is 22.18%.

Analyst Ratings Changes

Several research firms have recently issued reports on NUE. Wells Fargo & Company upped their price objective on Nucor from $244.00 to $292.00 and gave the stock an “overweight” rating in a research report on Thursday, June 4th. UBS Group cut Nucor from a “buy” rating to a “neutral” rating and upped their price objective for the stock from $190.00 to $224.00 in a research report on Tuesday, April 28th. BMO Capital Markets upped their price objective on Nucor from $250.00 to $285.00 and gave the stock an “outperform” rating in a research report on Wednesday, June 3rd. Argus upped their price objective on Nucor from $200.00 to $262.00 and gave the stock a “buy” rating in a research report on Friday, May 15th. Finally, Weiss Ratings raised Nucor from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, May 14th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, Nucor currently has an average rating of “Moderate Buy” and a consensus target price of $255.67.

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.