Hsbc Holdings PLC Purchases 250,606 Shares of Nucor Corporation $NUE

Hsbc Holdings PLC raised its position in Nucor Corporation (NYSE:NUE) by 28.4% during the fourth quarter, HoldingsChannel.com reports. The firm owned 1,132,089 shares of the basic materials company’s stock after purchasing an additional 250,606 shares during the period. Hsbc Holdings PLC’s holdings in Nucor were worth $184,666,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the company. Stance Capital LLC bought a new position in shares of Nucor during the third quarter valued at approximately $25,000. Strive Financial Group LLC bought a new stake in shares of Nucor during the 4th quarter worth approximately $27,000. Motiv8 Investments LLC bought a new stake in shares of Nucor during the 4th quarter worth approximately $32,000. Mcguire Capital Advisors Inc. purchased a new position in Nucor during the 4th quarter valued at $32,000. Finally, Reflection Asset Management purchased a new position in Nucor during the 4th quarter valued at $36,000. Institutional investors own 76.48% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the company. Zacks Research upgraded Nucor from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 12th. Citigroup boosted their target price on shares of Nucor from $180.00 to $260.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Wells Fargo & Company cut their price target on shares of Nucor from $292.00 to $283.00 and set an “overweight” rating on the stock in a report on Thursday. The Goldman Sachs Group upped their price target on shares of Nucor from $260.00 to $284.00 and gave the stock a “buy” rating in a report on Tuesday, June 16th. Finally, Barclays initiated coverage on shares of Nucor in a research note on Thursday, May 21st. They issued an “overweight” rating and a $270.00 price target on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $263.75.

Key Headlines Impacting Nucor

Here are the key news stories impacting Nucor this week:

• Positive Sentiment: Nucor’s Q2 guidance of $4.50 to $4.60 per share came in above expectations, signaling stronger near-term earnings power. Nucor Announces Guidance for the Second Quarter of 2026 Earnings
• Positive Sentiment: Commentary suggests Nucor is benefiting from higher steel prices and healthy demand, which could support margins in the current quarter. Nucor Projects Earnings to Increase in Q2 on Higher Prices
• Positive Sentiment: Industry outlook pieces continue to favor steel producers like Nucor as construction strength and recovering auto demand support the sector. Zacks Industry Outlook Highlights Nucor, Ternium, Gerdau and L.B. Foster
• Neutral Sentiment: A long-term performance article highlighted how a $1,000 investment in Nucor would have grown over 10 years, underscoring the stock’s historical compounding rather than a new catalyst. Here’s How Much a $1000 Investment in Nucor Made 10 Years Ago Would Be Worth Today
• Neutral Sentiment: Recent trading also showed some day-to-day weakness versus the broader market, but that move appears secondary to the company’s positive earnings outlook. Nucor (NUE) Stock Declines While Market Improves: Some Information for Investors

Nucor Trading Up 0.2%

NUE opened at $244.26 on Friday. The stock’s fifty day moving average is $230.40 and its two-hundred day moving average is $191.98. The company has a market capitalization of $55.63 billion, a P/E ratio of 24.18, a PEG ratio of 0.62 and a beta of 1.88. Nucor Corporation has a 52 week low of $122.82 and a 52 week high of $270.90. 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 (NYSE:NUE) last issued its earnings results on Monday, April 27th. The basic materials company reported $3.23 earnings per share for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $8.88 billion. During the same period in the previous year, the company posted $0.77 EPS. Nucor’s revenue was up 21.3% on a year-over-year basis. Analysts forecast that Nucor Corporation will post 15.68 earnings per share for the current year.

Nucor Announces Dividend

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

Insider Transactions at Nucor

In other Nucor news, EVP Randy J. Spicer sold 2,500 shares of the firm’s stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $225.00, for a total transaction of $562,500.00. Following the transaction, the executive vice president owned 20,510 shares of the company’s stock, valued at approximately $4,614,750. This trade represents a 10.86% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Allen C. Behr sold 10,096 shares of the firm’s stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $226.08, for a total transaction of $2,282,503.68. Following the transaction, the executive vice president directly owned 62,871 shares in the company, valued at $14,213,875.68. This trade represents a 13.84% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 82,378 shares of company stock valued at $18,963,930 over the last three months. 0.62% of the stock is currently owned by corporate insiders.

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.