Insider Selling: Nucor (NYSE:NUE) EVP Sells 2,000 Shares of Stock

Nucor Corporation (NYSE:NUE) EVP Thomas Batterbee sold 2,000 shares of Nucor stock in a transaction dated Tuesday, December 23rd. The shares were sold at an average price of $165.28, for a total transaction of $330,560.00. Following the completion of the sale, the executive vice president owned 17,952 shares in the company, valued at approximately $2,967,106.56. This trade represents a 10.02% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Nucor Trading Down 0.5%

Shares of NUE stock traded down $0.91 on Monday, hitting $165.45. 630,146 shares of the stock traded hands, compared to its average volume of 2,129,188. The stock has a market capitalization of $37.86 billion, a PE ratio of 23.24, a PEG ratio of 1.31 and a beta of 1.85. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.51 and a current ratio of 2.77. Nucor Corporation has a twelve month low of $97.59 and a twelve month high of $168.07. The firm’s 50-day moving average price is $153.49 and its two-hundred day moving average price is $143.87.

Nucor (NYSE:NUE) last released its earnings results on Monday, October 27th. The basic materials company reported $2.63 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.30 by $0.33. The company had revenue of $8.52 billion for the quarter, compared to analyst estimates of $8.27 billion. Nucor had a net margin of 5.18% and a return on equity of 7.80%. The firm’s quarterly revenue was up 14.5% on a year-over-year basis. During the same period in the prior year, the business earned $1.49 EPS. Nucor has set its Q4 2025 guidance at -2.630 EPS. As a group, analysts anticipate that Nucor Corporation will post 7.64 EPS for the current year.

Nucor Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, February 11th. Investors of record on Wednesday, December 31st will be paid 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 yield of 1.4%. This is a boost from Nucor’s previous quarterly dividend of $0.55. Nucor’s dividend payout ratio (DPR) is 30.90%.

Institutional Inflows and Outflows

Hedge funds have 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 about $25,000. IMA Advisory Services Inc. raised its stake in shares of 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. Matrix Trust Co raised its holdings in Nucor by 53.8% during the second quarter. Matrix Trust Co now owns 240 shares of the basic materials company’s stock worth $31,000 after purchasing an additional 84 shares in the last quarter. AXS Investments LLC acquired a new position in Nucor in the third quarter worth approximately $37,000. Finally, Vision Financial Markets LLC lifted its holdings in shares of Nucor by 281.7% in 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. Hedge funds and other institutional investors own 76.48% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently issued reports on NUE. Weiss Ratings reissued a “hold (c-)” rating on shares of Nucor in a report on Monday, December 15th. UBS Group upped their price target on Nucor from $165.00 to $168.00 and gave the stock a “buy” rating in a research note on Wednesday, October 29th. Wells Fargo & Company set a $176.00 price objective on shares of Nucor in a research report on Thursday, December 18th. Jefferies Financial Group lifted their target price on shares of Nucor from $170.00 to $190.00 and gave the company a “buy” rating in a report on Wednesday, December 10th. Finally, Citigroup raised their price objective on shares of Nucor from $150.00 to $180.00 and gave the company a “buy” rating in a research report on Thursday, October 30th. Nine investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $172.60.

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.