Vest Financial LLC Sells 25,660 Shares of Nucor Corporation $NUE

Vest Financial LLC decreased its holdings in Nucor Corporation (NYSE:NUE) by 11.0% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 207,727 shares of the basic materials company’s stock after selling 25,660 shares during the quarter. Vest Financial LLC’s holdings in Nucor were worth $48,556,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently modified their holdings of the company. Cantor Fitzgerald Investment Advisors L.P. lifted its holdings in Nucor by 0.5% in the third quarter. Cantor Fitzgerald Investment Advisors L.P. now owns 8,091 shares of the basic materials company’s stock worth $1,891,000 after purchasing an additional 40 shares during the period. Magnus Financial Group LLC grew its position in Nucor by 3.4% in the 3rd quarter. Magnus Financial Group LLC now owns 2,102 shares of the basic materials company’s stock valued at $491,000 after buying an additional 69 shares in the last quarter. Sowell Financial Services LLC grew its position in Nucor by 11.2% in the 3rd quarter. Sowell Financial Services LLC now owns 2,343 shares of the basic materials company’s stock valued at $548,000 after buying an additional 236 shares in the last quarter. Quadrant Capital Group LLC grew its position in Nucor by 1.8% in the 3rd quarter. Quadrant Capital Group LLC now owns 11,012 shares of the basic materials company’s stock valued at $2,795,000 after buying an additional 190 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. grew its position in Nucor by 243.9% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 410,964 shares of the basic materials company’s stock valued at $96,063,000 after buying an additional 291,455 shares in the last quarter. Institutional investors own 76.48% of the company’s stock.

Nucor Stock Up 1.1%

NUE opened at $264.40 on Thursday. Nucor Corporation has a one year low of $135.59 and a one year high of $280.11. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.36 and a current ratio of 2.51. The stock’s fifty day moving average is $253.08 and its 200-day moving average is $240.45. The company has a market capitalization of $59.99 billion, a PE ratio of 21.08, a P/E/G ratio of 0.64 and a beta of 1.84.

Nucor (NYSE:NUE) last announced its quarterly earnings data on Monday, July 27th. The basic materials company reported $4.84 earnings per share for the quarter, beating the consensus estimate of $4.46 by $0.38. Nucor had a return on equity of 12.73% and a net margin of 7.99%. The business had revenue of $10.40 billion during the quarter, compared to analyst estimates of $10.15 billion. During the same quarter in the prior year, the firm posted $2.60 earnings per share. The company’s revenue was up 23.0% on a year-over-year basis. On average, equities analysts predict that Nucor Corporation will post 19.62 EPS for the current fiscal year.

Nucor Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, November 10th. Investors of record on Wednesday, September 30th will be issued a dividend of $0.56 per share. This represents a $2.24 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Wednesday, September 30th. Nucor’s payout ratio is presently 17.86%.

Trending Headlines about Nucor

Here are the key news stories impacting Nucor this week:

• Positive Sentiment: Higher steel prices and growth initiatives support the outlook. Nucor is benefiting from stronger steel pricing, resilient end-market demand, higher volumes and strategic acquisitions. Capacity expansions are expected to provide additional earnings support. NUE Rides on Expansion Actions, Higher Steel Prices & Acquisitions
• Positive Sentiment: Utility-infrastructure investment adds long-term growth capacity. Nucor announced a $60 million expansion of its Towers & Structures facility in Trinity, Alabama, subject to approvals. The project is expected to add 60 jobs and increase production of steel poles and other structures to meet growing utility-infrastructure demand. Nucor Expands Alabama Towers & Structures Facility
• Positive Sentiment: Wall Street’s Q3 framework remains an important potential catalyst. Analysts are focusing on revenue, earnings and operating metrics for the quarter ended September 2026. The coverage signals continued investor attention to whether pricing, shipments and margins are tracking favorably. Nucor Q3 Outlook
• Positive Sentiment: NUE continues to show strong relative performance. Zacks highlighted Nucor’s market outperformance, while another screen included it among highly ranked non-technology stocks with strong returns, improving estimates and business expansion. Nucor Laps the Stock Market
• Neutral Sentiment: Sector trading was mixed. Nucor held relatively steady while Cleveland-Cliffs declined amid profit-taking, suggesting NUE was comparatively defensive within the steel group. Steel Sector Trading

Insider Activity

In other Nucor news, EVP Thomas J. Batterbee sold 4,000 shares of the company’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $261.02, for a total value 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. This represents a 19.86% 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, COO Stephen D. Laxton sold 3,968 shares of the firm’s stock in a transaction dated Thursday, July 30th. The shares were sold at an average price of $256.96, for a total transaction of $1,019,617.28. Following the transaction, the chief operating officer owned 77,867 shares of the company’s stock, valued at approximately $20,008,704.32. This trade represents a 4.85% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.62% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on NUE shares. Wall Street Zen raised shares of Nucor from a “buy” rating to a “strong-buy” rating in a research note on Tuesday. The Goldman Sachs Group reduced their price target on shares of Nucor from $304.00 to $302.00 and set a “buy” rating for the company in a research note on Friday, September 18th. Weiss Ratings raised shares of Nucor from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, October 15th. BMO Capital Markets increased their price objective on shares of Nucor from $285.00 to $295.00 and gave the company an “outperform” rating in a report on Wednesday, July 29th. Finally, Barclays raised their price objective on shares of Nucor from $295.00 to $306.00 and gave the company an “overweight” rating in a research note on Monday. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, Nucor has a consensus rating of “Moderate Buy” and an average target price of $276.86.

Nucor Profile

Nucor Corporation is a steel producer headquartered in Charlotte, North Carolina. Through its operating subsidiaries, the company manufactures steel and steel products for customers in construction, automotive, energy, heavy equipment, transportation and other industrial markets.

Nucor’s operations include electric arc furnace steel mills, which produce carbon, alloy and galvanized steel products. Its product portfolio includes sheet steel, plate, beams, bars, wire and wire mesh, steel joists, deck, piling, fabricated concrete reinforcing steel and other downstream products.