SHP Wealth Management Invests $608,000 in Nucor Corporation $NUE

SHP Wealth Management acquired a new stake in shares of Nucor Corporation (NYSE:NUE) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 3,729 shares of the basic materials company’s stock, valued at approximately $608,000.

A number of other large investors also recently modified their holdings of the company. Empirical Asset Management LLC boosted its holdings in Nucor by 2.6% in the 4th quarter. Empirical Asset Management LLC now owns 2,130 shares of the basic materials company’s stock worth $347,000 after buying an additional 54 shares during the period. Krilogy Financial LLC raised its holdings in Nucor by 4.1% during the fourth quarter. Krilogy Financial LLC now owns 1,531 shares of the basic materials company’s stock valued at $272,000 after acquiring an additional 61 shares during the period. IHT Wealth Management LLC lifted its position in shares of Nucor by 2.0% in the fourth quarter. IHT Wealth Management LLC now owns 3,306 shares of the basic materials company’s stock valued at $539,000 after acquiring an additional 64 shares in the last quarter. Rosenberg Matthew Hamilton lifted its position in shares of Nucor by 3.6% in the fourth quarter. Rosenberg Matthew Hamilton now owns 2,011 shares of the basic materials company’s stock valued at $328,000 after acquiring an additional 69 shares in the last quarter. Finally, HUB Investment Partners LLC boosted its stake in shares of Nucor by 1.9% in the second quarter. HUB Investment Partners LLC now owns 4,099 shares of the basic materials company’s stock worth $531,000 after acquiring an additional 75 shares during the period. Hedge funds and other institutional investors own 76.48% of the company’s stock.

Nucor News Summary

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 Trading Up 0.2%

Shares of Nucor stock opened at $244.26 on Friday. Nucor Corporation has a twelve month low of $122.82 and a twelve month high of $270.90. The company has a quick ratio of 1.55, a current ratio of 2.90 and a debt-to-equity ratio of 0.30. The business has a 50-day moving average price of $230.40 and a 200-day moving average price of $191.98. The firm has a market cap of $55.63 billion, a price-to-earnings ratio of 24.18, a PEG ratio of 0.62 and a beta of 1.88.

Nucor (NYSE:NUE) last posted its earnings results on Monday, April 27th. The basic materials company reported $3.23 EPS for the quarter, topping analysts’ consensus estimates of $2.82 by $0.41. Nucor had a return on equity of 10.68% and a net margin of 6.82%.The company had revenue of $9.50 billion for the quarter, compared to the consensus estimate of $8.88 billion. During the same period in the previous year, the business earned $0.77 earnings per share. The firm’s revenue for the quarter was up 21.3% on a year-over-year basis. Equities research analysts anticipate that Nucor Corporation will post 15.71 EPS for the current fiscal year.

Nucor Dividend Announcement

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

Nucor announced that its Board of Directors has initiated a stock repurchase plan on Friday, February 20th that allows the company to buyback $4.00 billion in outstanding shares. This buyback authorization allows the basic materials company to repurchase up to 9.7% of its stock through open market purchases. Stock buyback plans are often a sign that the company’s management believes its shares are undervalued.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on NUE. BMO Capital Markets increased their target price on Nucor from $250.00 to $285.00 and gave the stock an “outperform” rating in a research report on Wednesday, June 3rd. Citigroup boosted their price target on Nucor from $180.00 to $260.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Seaport Research Partners upped their price target on Nucor from $245.00 to $285.00 and gave the stock a “buy” rating in a research note on Wednesday, June 10th. Jefferies Financial Group increased their price objective on shares of Nucor from $225.00 to $250.00 and gave the company a “buy” rating in a report on Tuesday, April 28th. Finally, Wall Street Zen upgraded shares of Nucor from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 16th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $263.75.

Insider Activity

In related news, EVP Daniel R. Needham sold 12,888 shares of the business’s stock in a transaction on Friday, May 1st. The shares were 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 approximately $20,277,624. The trade was a 12.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Noah C. Hanners sold 6,472 shares of the company’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $226.50, for a total transaction of $1,465,908.00. Following the sale, the executive vice president directly owned 50,377 shares in the company, valued at approximately $11,410,390.50. The trade was a 11.38% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 82,378 shares of company stock worth $18,963,930. 0.62% of the stock is owned by corporate insiders.

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.