Park National Corp OH Has $2.23 Million Stake in Nucor Corporation $NUE

Park National Corp OH increased its stake in Nucor Corporation (NYSE:NUE) by 161.1% in the 1st quarter, HoldingsChannel.com reports. The fund owned 13,203 shares of the basic materials company’s stock after purchasing an additional 8,147 shares during the quarter. Park National Corp OH’s holdings in Nucor were worth $2,233,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Norges Bank acquired a new stake in Nucor in the fourth quarter worth $609,002,000. AQR Capital Management LLC increased its position in Nucor by 580.9% in the 2nd quarter. AQR Capital Management LLC now owns 653,845 shares of the basic materials company’s stock valued at $84,699,000 after buying an additional 557,819 shares in the last quarter. Capital World Investors raised its stake in Nucor by 20.1% during the 3rd quarter. Capital World Investors now owns 3,042,761 shares of the basic materials company’s stock worth $412,081,000 after buying an additional 509,019 shares during the period. Vaughan Nelson Investment Management L.P. raised its stake in Nucor by 169.0% during the 4th quarter. Vaughan Nelson Investment Management L.P. now owns 779,940 shares of the basic materials company’s stock worth $127,216,000 after buying an additional 489,950 shares during the period. Finally, Bank of New York Mellon Corp raised its stake in Nucor by 27.5% during the 4th quarter. Bank of New York Mellon Corp now owns 1,780,423 shares of the basic materials company’s stock worth $290,405,000 after buying an additional 383,952 shares during the period. 76.48% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. Zacks Research raised Nucor from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 12th. Weiss Ratings raised Nucor from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, May 14th. UBS Group cut Nucor from a “buy” rating to a “neutral” rating and increased their target price for the stock from $190.00 to $224.00 in a report on Tuesday, April 28th. Jefferies Financial Group lifted their price target on shares of Nucor from $225.00 to $250.00 and gave the company a “buy” rating in a research report on Tuesday, April 28th. Finally, Bank of America boosted their price target on shares of Nucor from $265.00 to $290.00 in a research note on Friday, June 12th. Two analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $263.75.

Nucor Stock Up 0.2%

NUE opened at $244.26 on Monday. Nucor Corporation has a fifty-two week low of $122.82 and a fifty-two week high of $270.90. The firm has a market capitalization of $55.63 billion, a P/E ratio of 24.18, a PEG ratio of 0.63 and a beta of 1.88. The company’s 50-day moving average is $230.40 and its 200 day moving average is $192.20. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.90 and a quick ratio of 1.55.

Nucor (NYSE:NUE) last issued its quarterly earnings data on Monday, April 27th. The basic materials company reported $3.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.82 by $0.41. The business had revenue of $9.50 billion during the quarter, compared to the consensus estimate of $8.88 billion. Nucor had a net margin of 6.82% and a return on equity of 10.68%. The firm’s quarterly revenue was up 21.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.77 EPS. Research analysts expect that Nucor Corporation will post 15.68 earnings per share for the current fiscal year.

Nucor Announces Dividend

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

Insider Buying and Selling

In other Nucor news, EVP John J. Hollatz sold 10,560 shares of the business’s stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $258.46, for a total value of $2,729,337.60. Following the transaction, the executive vice president owned 97,865 shares of the company’s stock, valued at approximately $25,294,187.90. The trade was a 9.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Daniel R. Needham sold 12,888 shares of Nucor stock in a transaction on Friday, May 1st. The stock was sold at an average price of $226.00, for a total value of $2,912,688.00. Following the sale, the executive vice president owned 89,724 shares in the company, valued at $20,277,624. The trade was a 12.56% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 82,378 shares of company stock valued at $18,963,930 over the last quarter. 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: 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 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.