Horizon Investments LLC Acquires 49,691 Shares of Nucor Corporation $NUE

Horizon Investments LLC raised its holdings in Nucor Corporation (NYSE:NUE) by 572.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 58,364 shares of the basic materials company’s stock after buying an additional 49,691 shares during the quarter. Horizon Investments LLC’s holdings in Nucor were worth $9,520,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Stance Capital LLC bought a new stake in shares of Nucor in the 3rd quarter worth approximately $25,000. AXS Investments LLC bought a new stake in shares of Nucor during the third quarter valued at approximately $37,000. Vision Financial Markets LLC boosted its position in shares of Nucor by 281.7% during the third quarter. Vision Financial Markets LLC now owns 271 shares of the basic materials company’s stock valued at $37,000 after purchasing an additional 200 shares in the last quarter. Ares Financial Consulting LLC bought a new stake in shares of Nucor during the fourth quarter valued at approximately $45,000. Finally, Caitlin John LLC bought a new stake in shares of Nucor during the third quarter valued at approximately $41,000. 76.48% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Nucor

In other Nucor news, EVP Kenneth Rex Query sold 7,452 shares of the business’s stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $196.02, for a total value of $1,460,741.04. Following the sale, the executive vice president directly owned 76,628 shares of the company’s stock, valued at approximately $15,020,620.56. The trade was a 8.86% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Allen C. Behr sold 7,568 shares of the business’s stock in a transaction on Tuesday, February 3rd. The stock was sold at an average price of $188.50, for a total value of $1,426,568.00. Following the completion of the sale, the executive vice president directly owned 67,711 shares in the company, valued at $12,763,523.50. This trade represents a 10.05% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 22,520 shares of company stock worth $4,245,334 over the last three months. Corporate insiders own 0.62% of the company’s stock.

Nucor News Roundup

Here are the key news stories impacting Nucor this week:

• Positive Sentiment: Goldman Sachs raised its price target on Nucor to $260 from $240, implying roughly a mid‑teens upside vs the current share level — a clear analyst vote of confidence that supports upward price momentum. Goldman Sachs Adjusts Price Target on Nucor to $260 From $240
• Positive Sentiment: Coverage highlighting Nucor’s “blockbuster” earnings (triple‑digit EPS gains, double‑digit revenue growth) reinforces the narrative of stronger fundamentals and justifies higher valuation multiples. Investors may be re‑rating shares on the earnings beat and upward guidance/forecasts. Is Nucor a Buy After Its Blockbuster Earnings Report?
• Positive Sentiment: Jim Cramer singled out Nucor as a “data center stock,” a high‑visibility endorsement that can attract retail and momentum flows by linking Nucor to secular demand drivers (infrastructure, data‑center builds). Nucor (NUE) is a Data Center Stock, Says Jim Cramer
• Neutral Sentiment: Analyst activity is rising — Nucor shows up on trending lists (TipRanks) indicating increased attention from the sell‑side and modelers; this raises liquidity/coverage but is not a direct buy/sell signal. Campbell, DoorDash, Oklo, Nucor, Telus Trending With Analysts
• Neutral Sentiment: General market pages (CNN) and other outlets continue to list Nucor in stock trackers — useful for visibility but not a direct catalyst. Nucor Corporation
• Negative Sentiment: MarketWatch noted Nucor underperformed peers on a recent session, a reminder that relative performance and sector rotation could cap near‑term gains even as fundamentals improve. Nucor Corp. stock underperforms Wednesday when compared to competitors

Nucor Trading Up 0.3%

Nucor stock opened at $225.93 on Friday. The company has a current ratio of 2.90, a quick ratio of 1.57 and a debt-to-equity ratio of 0.30. The business’s fifty day simple moving average is $180.91 and its two-hundred day simple moving average is $169.01. Nucor Corporation has a 12 month low of $106.21 and a 12 month high of $227.96. The company has a market capitalization of $51.43 billion, a price-to-earnings ratio of 22.37, a price-to-earnings-growth ratio of 0.76 and a beta of 1.87.

Nucor (NYSE:NUE) last released its earnings results on Monday, April 27th. The basic materials company reported $3.23 EPS for the quarter, topping the consensus estimate of $2.82 by $0.41. Nucor had a return on equity of 10.68% and a net margin of 6.82%.The business had revenue of $9.50 billion for the quarter, compared to the consensus estimate of $8.88 billion. During the same period in the previous year, the company posted $0.77 earnings per share. The company’s revenue for the quarter was up 21.3% compared to the same quarter last year. As a group, equities analysts predict that Nucor Corporation will post 13.64 earnings per share for the current fiscal year.

Nucor declared that its board has authorized a stock buyback program on Friday, February 20th that allows the company to repurchase $4.00 billion in shares. This repurchase authorization allows the basic materials company to buy up to 9.7% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s board of directors believes its shares are undervalued.

Nucor Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, May 11th. Shareholders of record on Tuesday, March 31st will be issued a $0.56 dividend. This represents a $2.24 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend is Tuesday, March 31st. Nucor’s payout ratio is 22.18%.

Analyst Ratings Changes

Several equities research analysts recently weighed in on NUE shares. Wall Street Zen upgraded Nucor from a “hold” rating to a “buy” rating in a research report on Saturday. UBS Group lowered Nucor from a “buy” rating to a “neutral” rating and lifted their price target for the company from $190.00 to $224.00 in a research report on Tuesday. BNP Paribas Exane lifted their price target on Nucor from $185.00 to $210.00 and gave the company an “outperform” rating in a research report on Monday, April 20th. Morgan Stanley lifted their price target on Nucor from $180.00 to $227.00 and gave the company an “equal weight” rating in a research report on Wednesday. Finally, Seaport Research Partners restated a “buy” rating and set a $245.00 price target on shares of Nucor in a research report on Thursday. Eight investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, Nucor has an average rating of “Moderate Buy” and an average price target of $240.00.

Nucor Company 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.