AGP Franklin LLC Takes $2.37 Million Position in Nucor Corporation $NUE

AGP Franklin LLC acquired a new stake in shares of Nucor Corporation (NYSE:NUE) in the 3rd quarter, HoldingsChannel.com reports. The firm acquired 17,477 shares of the basic materials company’s stock, valued at approximately $2,367,000.

Other hedge funds also recently added to or reduced their stakes in the company. RFG Advisory LLC boosted its holdings in Nucor by 2.9% in the second quarter. RFG Advisory LLC now owns 2,462 shares of the basic materials company’s stock worth $319,000 after acquiring an additional 69 shares in the last quarter. Whittier Trust Co. raised its position in shares of Nucor by 5.6% in the 3rd quarter. Whittier Trust Co. now owns 1,330 shares of the basic materials company’s stock valued at $184,000 after purchasing an additional 70 shares during the last quarter. IMA Advisory Services Inc. boosted its stake in Nucor by 51.4% in the 2nd quarter. IMA Advisory Services Inc. now owns 221 shares of the basic materials company’s stock worth $29,000 after purchasing an additional 75 shares in the last quarter. HUB Investment Partners LLC grew its position in Nucor by 1.9% during the 2nd quarter. HUB Investment Partners LLC now owns 4,099 shares of the basic materials company’s stock worth $531,000 after purchasing an additional 75 shares during the last quarter. Finally, Dorsey & Whitney Trust CO LLC grew its holdings in shares of Nucor by 1.9% during the second quarter. Dorsey & Whitney Trust CO LLC now owns 4,326 shares of the basic materials company’s stock valued at $560,000 after buying an additional 79 shares during the last quarter. 76.48% of the stock is owned by institutional investors and hedge funds.

Nucor News Roundup

Here are the key news stories impacting Nucor this week:

• Positive Sentiment: Revenue and profitability trends: Nucor reported revenue up ~8.6% YoY and higher gross/operating profit versus a year ago, and management highlighted sequential improvement prospects for Q1. Nucor Press Release / Slide Deck
• Positive Sentiment: Adjusted results and cash flow: Company disclosed adjusted EPS and solid operating cash flow and EBITDA that show core business resilience despite near-term headwinds. PR Newswire: Q4 Results
• Neutral Sentiment: Analyst view mix — upside potential vs. cautious stance: Several firms retain buy/overweight calls and price targets around the high-$160s to $200s, while others (e.g., Morgan Stanley) keep neutral/hold ratings, leaving consensus near current levels. TipRanks: Analyst Reaction
• Neutral Sentiment: Value thesis remains: Some articles reiterate Nucor’s value characteristics (reasonable valuation metrics and dividend/returns profile), which could support longer-term interest even after the pullback. Zacks: Value Stock Argument
• Negative Sentiment: EPS miss and volume weakness: Reported EPS (adjusted $1.73; GAAP ~$1.64 in some disclosures) fell short of several consensus figures, largely due to lower steel volumes—this is the primary reason for the intraday weakness. Zacks: Q4 Earnings Miss
• Negative Sentiment: Margin pressure and costs: Coverage and headlines emphasize costs dragging on margins, and several outlets flagged that margins came under pressure despite revenue growth—heightening near-term profitability concerns. MSN: Costs Drag on Margins
• Negative Sentiment: Market reaction and insider selling noted: Coverage documents share-price weakness after the print and highlights recent insider sales and variable institutional positioning, which can amplify downward moves when sentiment shifts. QuiverQuant: Q4 Recap & Insider Activity

Analyst Upgrades and Downgrades

A number of research firms recently commented on NUE. Wells Fargo & Company set a $176.00 target price on Nucor in a report on Thursday, December 18th. BNP Paribas Exane lifted their price objective on shares of Nucor from $165.00 to $185.00 and gave the company an “outperform” rating in a research note on Friday, January 2nd. Morgan Stanley reaffirmed an “equal weight” rating and issued a $180.00 price target (up from $165.00) on shares of Nucor in a report on Friday, January 9th. Wall Street Zen cut shares of Nucor from a “buy” rating to a “hold” rating in a research note on Saturday, December 20th. Finally, Jefferies Financial Group increased their price target on shares of Nucor from $190.00 to $200.00 and gave the stock a “buy” rating in a report on Monday, January 12th. Nine equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $177.27.

Nucor Trading Down 2.3%

Shares of Nucor stock opened at $173.60 on Wednesday. The company has a current ratio of 2.77, a quick ratio of 1.51 and a debt-to-equity ratio of 0.30. Nucor Corporation has a twelve month low of $97.59 and a twelve month high of $183.32. The firm has a market capitalization of $39.73 billion, a PE ratio of 23.02, a P/E/G ratio of 0.97 and a beta of 1.87. The firm’s 50-day moving average price is $164.79 and its 200 day moving average price is $150.00.

Nucor (NYSE:NUE) last announced its earnings results on Monday, January 26th. The basic materials company reported $1.73 EPS for the quarter, missing analysts’ consensus estimates of $1.91 by ($0.18). The firm had revenue of $7.69 billion for the quarter, compared to analyst estimates of $7.93 billion. Nucor had a net margin of 5.37% and a return on equity of 8.32%. Nucor’s revenue was up 8.6% compared to the same quarter last year. During the same period in the previous year, the company earned $1.22 EPS. On average, sell-side analysts predict that Nucor Corporation will post 7.64 EPS for the current fiscal year.

Nucor Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, February 11th. Shareholders of record on Wednesday, December 31st will be paid a dividend of $0.56 per share. This is a boost from Nucor’s previous quarterly dividend of $0.55. The ex-dividend date of this dividend is Wednesday, December 31st. This represents a $2.24 annualized dividend and a yield of 1.3%. Nucor’s dividend payout ratio is presently 31.46%.

Insider Buying and Selling at Nucor

In other Nucor news, EVP Thomas J. Batterbee sold 2,000 shares of the stock in a transaction dated Tuesday, December 23rd. The shares were 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Stephen D. Laxton sold 2,003 shares of the business’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 value of $303,594.71. Following the transaction, the chief financial officer owned 88,174 shares in the company, valued at approximately $13,364,533.18. This represents a 2.22% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 25,995 shares of company stock worth $3,990,634 over the last three months. 0.71% of the stock is owned by corporate insiders.

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.