The Goldman Sachs Group Raises Nucor (NYSE:NUE) Price Target to $196.00

Nucor (NYSE:NUE) had its target price upped by stock analysts at The Goldman Sachs Group from $182.00 to $196.00 in a research note issued to investors on Friday,MarketScreener reports. The brokerage currently has a “buy” rating on the basic materials company’s stock. The Goldman Sachs Group’s target price would indicate a potential upside of 12.40% from the company’s previous close.

NUE has been the subject of a number of other reports. Citigroup lifted their price objective on shares of Nucor from $150.00 to $180.00 and gave the company a “buy” rating in a research note on Thursday, October 30th. BMO Capital Markets reiterated an “outperform” rating on shares of Nucor in a research report on Wednesday, October 29th. Weiss Ratings reissued a “hold (c)” rating on shares of Nucor in a report on Monday, December 29th. Jefferies Financial Group lifted their target price on Nucor from $190.00 to $200.00 and gave the company a “buy” rating in a report on Monday, January 12th. Finally, Wall Street Zen downgraded shares of Nucor from a “buy” rating to a “hold” rating in a report on Saturday, December 20th. Nine research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $177.27.

Nucor Trading Down 0.2%

Shares of Nucor stock opened at $174.37 on Friday. The stock has a market capitalization of $39.91 billion, a P/E ratio of 24.49, a P/E/G ratio of 0.95 and a beta of 1.87. Nucor has a 52-week low of $97.59 and a 52-week high of $175.94. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.51 and a current ratio of 2.77. The stock’s 50-day simple moving average is $160.47 and its 200 day simple moving average is $148.09.

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

Insider Transactions at Nucor

In other news, EVP Allen C. Behr sold 9,042 shares of the company’s stock in a transaction dated Thursday, October 30th. The stock was sold at an average price of $151.28, for a total value of $1,367,873.76. Following the completion of the transaction, the executive vice president directly owned 73,661 shares in the company, valued at approximately $11,143,436.08. This represents a 10.93% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP John J. Hollatz sold 7,000 shares of the firm’s stock in a transaction dated Wednesday, November 12th. The shares were sold at an average price of $149.88, for a total value of $1,049,160.00. Following the transaction, the executive vice president directly owned 96,550 shares in the company, valued at approximately $14,470,914. This represents a 6.76% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 25,995 shares of company stock worth $3,990,634 in the last three months. Insiders own 0.46% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of NUE. Integrated Wealth Concepts LLC lifted its stake in Nucor by 21.1% in the first quarter. Integrated Wealth Concepts LLC now owns 3,266 shares of the basic materials company’s stock worth $393,000 after purchasing an additional 568 shares during the last quarter. Dynamic Technology Lab Private Ltd purchased a new position in shares of Nucor in the first quarter worth about $259,000. Geneos Wealth Management Inc. increased its holdings in shares of Nucor by 81.8% in the first quarter. Geneos Wealth Management Inc. now owns 340 shares of the basic materials company’s stock worth $41,000 after buying an additional 153 shares during the period. Pallas Capital Advisors LLC bought a new stake in shares of Nucor in the 2nd quarter valued at about $571,000. Finally, Sivia Capital Partners LLC purchased a new stake in Nucor during the 2nd quarter valued at about $390,000. 76.48% of the stock is currently owned by institutional investors.

About Nucor

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.