Sowell Financial Services LLC Trims Position in Nucor Corporation $NUE

Sowell Financial Services LLC decreased its position in shares of Nucor Corporation (NYSE:NUE) by 75.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,105 shares of the basic materials company’s stock after selling 6,461 shares during the quarter. Sowell Financial Services LLC’s holdings in Nucor were worth $285,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of NUE. FSM Wealth Advisors LLC boosted its holdings in Nucor by 51.8% in the 3rd quarter. FSM Wealth Advisors LLC now owns 3,253 shares of the basic materials company’s stock valued at $441,000 after purchasing an additional 1,110 shares during the last quarter. Columbus Macro LLC increased its holdings in shares of Nucor by 4.2% during the 3rd quarter. Columbus Macro LLC now owns 45,792 shares of the basic materials company’s stock worth $6,202,000 after buying an additional 1,864 shares during the last quarter. Griffin Asset Management Inc. purchased a new stake in shares of Nucor during the 3rd quarter valued at approximately $207,000. Richards Merrill & Peterson Inc. lifted its holdings in Nucor by 35.2% in the third quarter. Richards Merrill & Peterson Inc. now owns 4,390 shares of the basic materials company’s stock valued at $595,000 after acquiring an additional 1,143 shares during the last quarter. Finally, HBK Sorce Advisory LLC lifted its holdings in Nucor by 9.5% in the third quarter. HBK Sorce Advisory LLC now owns 3,764 shares of the basic materials company’s stock valued at $515,000 after acquiring an additional 326 shares during the last quarter. 76.48% of the stock is currently owned by institutional investors and hedge funds.

Nucor Stock Up 3.7%

Shares of NYSE:NUE opened at $169.20 on Friday. The firm has a market capitalization of $38.72 billion, a PE ratio of 23.76, a price-to-earnings-growth ratio of 0.87 and a beta of 1.87. Nucor Corporation has a 1 year low of $97.59 and a 1 year high of $169.65. 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 firm’s 50-day moving average is $156.19 and its two-hundred day moving average is $145.10.

Nucor (NYSE:NUE) last posted its quarterly earnings data on Monday, October 27th. The basic materials company reported $2.63 EPS for the quarter, beating the consensus estimate 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 during the quarter, compared to analyst estimates of $8.27 billion. During the same quarter last year, the firm posted $1.49 earnings per share. The business’s revenue for the quarter was up 14.5% compared to the same quarter last year. Nucor has set its Q4 2025 guidance at -2.630 EPS. Analysts predict that Nucor Corporation will post 7.64 EPS for the current year.

Nucor Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 11th. Stockholders of record on Wednesday, December 31st will be given a dividend of $0.56 per share. This is an increase from Nucor’s previous quarterly dividend of $0.55. This represents a $2.24 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Wednesday, December 31st. Nucor’s dividend payout ratio is currently 31.46%.

Insider Buying and Selling

In other Nucor news, EVP Thomas J. Batterbee sold 2,000 shares of the stock in a transaction dated Tuesday, December 23rd. The stock was sold at an average price of $165.28, for a total value of $330,560.00. Following the sale, the executive vice president owned 17,952 shares of the company’s stock, valued at $2,967,106.56. This trade represents a 10.02% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Allen C. Behr sold 5,950 shares of Nucor stock in a transaction dated Friday, December 19th. The shares were sold at an average price of $157.89, for a total value of $939,445.50. Following the completion of the transaction, the executive vice president owned 67,711 shares of the company’s stock, valued at $10,690,889.79. The trade was a 8.08% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 25,995 shares of company stock valued at $3,990,634 in the last three months. 0.46% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several equities research analysts have issued reports on NUE shares. Citigroup raised their target price on Nucor from $150.00 to $180.00 and gave the stock a “buy” rating in a research note on Thursday, October 30th. Wells Fargo & Company set a $176.00 price objective on Nucor in a research report on Thursday, December 18th. JPMorgan Chase & Co. boosted their price objective on shares of Nucor from $175.00 to $200.00 and gave the company an “overweight” rating in a report on Friday, December 5th. UBS Group increased their target price on shares of Nucor from $165.00 to $168.00 and gave the stock a “buy” rating in a research note on Wednesday, October 29th. Finally, The Goldman Sachs Group lifted their price target on shares of Nucor from $173.00 to $182.00 and gave the company a “buy” rating in a research report on Wednesday, November 12th. Ten research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, Nucor currently has a consensus rating of “Moderate Buy” and an average target price of $173.73.

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.