Central Bank & Trust Co. Has $2.64 Million Stock Position in Nucor Corporation $NUE

Central Bank & Trust Co. cut its stake in Nucor Corporation (NYSE:NUE) by 34.9% in the third quarter, HoldingsChannel reports. The institutional investor owned 19,500 shares of the basic materials company’s stock after selling 10,442 shares during the quarter. Central Bank & Trust Co.’s holdings in Nucor were worth $2,641,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Raymond James Financial Inc. grew its position in Nucor by 33.7% in the first quarter. Raymond James Financial Inc. now owns 443,419 shares of the basic materials company’s stock valued at $53,361,000 after acquiring an additional 111,709 shares during the period. Banco Bilbao Vizcaya Argentaria S.A. lifted its holdings in shares of Nucor by 3.6% during the first quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 5,970 shares of the basic materials company’s stock valued at $717,000 after acquiring an additional 210 shares during the period. Venture Visionary Partners LLC acquired a new stake in shares of Nucor in the 1st quarter valued at $233,000. Capital Analysts LLC bought a new stake in shares of Nucor in the 1st quarter worth about $134,000. Finally, Dorsey & Whitney Trust CO LLC grew its holdings in shares of Nucor by 2.2% in the 1st quarter. Dorsey & Whitney Trust CO LLC now owns 4,247 shares of the basic materials company’s stock worth $511,000 after purchasing an additional 93 shares during the last quarter. Institutional investors own 76.48% of the company’s stock.

Nucor Stock Performance

NUE stock opened at $158.78 on Friday. The company has a 50 day moving average price of $150.56 and a 200 day moving average price of $142.06. Nucor Corporation has a fifty-two week low of $97.59 and a fifty-two week high of $168.07. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.77 and a quick ratio of 1.51. The stock has a market capitalization of $36.34 billion, a PE ratio of 22.30, a price-to-earnings-growth ratio of 1.22 and a beta of 1.85.

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

Nucor Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 11th. Shareholders of record on Wednesday, December 31st will be issued a dividend of $0.56 per share. The ex-dividend date of this dividend is Wednesday, December 31st. This represents a $2.24 annualized dividend and a yield of 1.4%. This is an increase from Nucor’s previous quarterly dividend of $0.55. Nucor’s dividend payout ratio (DPR) is presently 30.90%.

Insider Buying and Selling at Nucor

In other Nucor news, EVP Allen C. Behr sold 9,042 shares of the firm’s stock in a transaction that occurred on Thursday, October 30th. The shares were sold at an average price of $151.28, for a total value of $1,367,873.76. Following the transaction, the executive vice president directly owned 73,661 shares of the company’s stock, valued at approximately $11,143,436.08. This trade represents a 10.93% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP John J. Hollatz sold 7,000 shares of Nucor stock in a transaction on Wednesday, November 12th. The stock was sold at an average price of $149.88, for a total transaction of $1,049,160.00. Following the sale, the executive vice president directly owned 96,550 shares of the company’s stock, valued at $14,470,914. This represents a 6.76% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 18,045 shares of company stock worth $2,720,628. Company insiders own 0.46% of the company’s stock.

Wall Street Analyst Weigh In

NUE has been the subject of several analyst reports. Jefferies Financial Group lifted their price target on shares of Nucor from $170.00 to $190.00 and gave the company a “buy” rating in a report on Wednesday, December 10th. JPMorgan Chase & Co. lifted their target price on shares of Nucor from $175.00 to $200.00 and gave the company an “overweight” rating in a research note on Friday, December 5th. Citigroup increased their price target on Nucor from $150.00 to $180.00 and gave the stock a “buy” rating in a research report on Thursday, October 30th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Nucor in a report on Wednesday, October 29th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Nucor in a research note on Monday. Nine analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $172.60.

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.