Braun Stacey Associates Inc. Raises Stock Holdings in Nucor Corporation $NUE

Braun Stacey Associates Inc. boosted its stake in Nucor Corporation (NYSE:NUE) by 3.6% during the third quarter, HoldingsChannel reports. The firm owned 139,082 shares of the basic materials company’s stock after buying an additional 4,888 shares during the period. Braun Stacey Associates Inc.’s holdings in Nucor were worth $18,836,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Global Financial Private Client LLC purchased a new stake in shares of Nucor during the 3rd quarter valued at $634,000. Daner Wealth Management LLC increased its stake in Nucor by 23.6% in the third quarter. Daner Wealth Management LLC now owns 1,863 shares of the basic materials company’s stock valued at $246,000 after acquiring an additional 356 shares during the last quarter. Financial Consulate Inc. purchased a new stake in Nucor during the third quarter valued at about $95,000. Salomon & Ludwin LLC lifted its stake in Nucor by 45.5% during the third quarter. Salomon & Ludwin LLC now owns 320 shares of the basic materials company’s stock worth $44,000 after purchasing an additional 100 shares during the last quarter. Finally, Merit Financial Group LLC boosted its holdings in shares of Nucor by 38.6% in the 3rd quarter. Merit Financial Group LLC now owns 4,180 shares of the basic materials company’s stock worth $566,000 after purchasing an additional 1,165 shares in the last quarter. Hedge funds and other institutional investors own 76.48% of the company’s stock.

Insiders Place Their Bets

In other Nucor news, CFO Stephen D. Laxton sold 2,003 shares of the company’s stock in a transaction that occurred on Thursday, October 30th. The stock was sold at an average price of $151.57, for a total transaction of $303,594.71. Following the completion of the transaction, the chief financial officer owned 88,174 shares of the company’s stock, valued at $13,364,533.18. This represents a 2.22% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Thomas J. Batterbee sold 2,000 shares of Nucor stock in a transaction that occurred on Tuesday, December 23rd. The stock was sold at an average price of $165.28, for a total value 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 represents a 10.02% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 25,995 shares of company stock worth $3,990,634. 0.46% of the stock is currently owned by company insiders.

Nucor Stock Down 0.9%

Shares of NYSE NUE opened at $163.24 on Friday. The firm’s fifty day moving average is $155.58 and its 200 day moving average is $144.77. Nucor Corporation has a 52 week low of $97.59 and a 52 week high of $168.07. The company has a quick ratio of 1.51, a current ratio of 2.77 and a debt-to-equity ratio of 0.30. The company has a market cap of $37.36 billion, a price-to-earnings ratio of 22.93, a PEG ratio of 1.28 and a beta of 1.87.

Nucor (NYSE:NUE) last announced its quarterly 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. Nucor had a net margin of 5.18% and a return on equity of 7.80%. The business had revenue of $8.52 billion for the quarter, compared to analyst estimates of $8.27 billion. During the same quarter last year, the firm earned $1.49 EPS. The company’s revenue was up 14.5% on a year-over-year basis. Nucor has set its Q4 2025 guidance at -2.630 EPS. On average, equities research analysts expect that Nucor Corporation will post 7.64 earnings per share for the current year.

Nucor Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, February 11th. Investors of record on Wednesday, December 31st will be issued 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 presently 31.46%.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the company. Bank of America boosted their target price on Nucor from $150.00 to $165.00 and gave the stock a “buy” rating in a research report on Monday, September 15th. The Goldman Sachs Group lifted their price target on shares of Nucor from $173.00 to $182.00 and gave the stock a “buy” rating in a research note on Wednesday, November 12th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Nucor in a research note on Monday. JPMorgan Chase & Co. lifted their target price on shares of Nucor from $175.00 to $200.00 and gave the stock an “overweight” rating in a research report on Friday, December 5th. Finally, BMO Capital Markets restated an “outperform” rating on shares of Nucor in a research report on Wednesday, October 29th. Nine analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $172.60.

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.