Sei Investments Co. Has $20.57 Million Position in Nucor Corporation $NUE

Sei Investments Co. lifted its holdings in Nucor Corporation (NYSE:NUE) by 38.4% during the first quarter, HoldingsChannel reports. The firm owned 121,635 shares of the basic materials company’s stock after purchasing an additional 33,740 shares during the period. Sei Investments Co.’s holdings in Nucor were worth $20,571,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the business. Integrated Wealth Concepts LLC lifted its stake in shares of Nucor by 21.1% in the first quarter. Integrated Wealth Concepts LLC now owns 3,266 shares of the basic materials company’s stock valued at $393,000 after buying an additional 568 shares during the period. Dynamic Technology Lab Private Ltd bought a new position in Nucor during the first quarter valued at about $259,000. Geneos Wealth Management Inc. increased its stake in Nucor by 81.8% during the first quarter. Geneos Wealth Management Inc. now owns 340 shares of the basic materials company’s stock valued at $41,000 after acquiring an additional 153 shares during the period. Sivia Capital Partners LLC acquired a new position in Nucor in the 2nd quarter valued at approximately $390,000. Finally, Cerity Partners LLC lifted its position in shares of Nucor by 51.9% in the 2nd quarter. Cerity Partners LLC now owns 40,629 shares of the basic materials company’s stock worth $5,263,000 after acquiring an additional 13,877 shares during the period. Institutional investors and hedge funds own 76.48% of the company’s stock.

Insider Activity

In other news, insider Michael D. Keller sold 4,554 shares of the company’s stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $225.86, for a total value of $1,028,566.44. Following the completion of the transaction, the insider owned 16,834 shares in the company, valued at $3,802,127.24. This represents a 21.29% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Randy J. Spicer sold 2,500 shares of the stock in a transaction on Monday, May 18th. The stock was sold at an average price of $225.00, for a total transaction of $562,500.00. Following the sale, the executive vice president directly owned 20,510 shares of the company’s stock, valued at $4,614,750. This represents a 10.86% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 49,310 shares of company stock worth $11,501,475. Corporate insiders own 0.62% of the company’s stock.

Nucor Trading Down 3.6%

Shares of NUE opened at $256.04 on Thursday. The company has a current ratio of 2.51, a quick ratio of 1.55 and a debt-to-equity ratio of 0.27. The stock has a market cap of $58.31 billion, a PE ratio of 20.42, a PEG ratio of 0.61 and a beta of 1.91. Nucor Corporation has a 1 year low of $131.32 and a 1 year high of $270.90. The stock has a 50 day simple moving average of $241.82 and a 200-day simple moving average of $206.31.

Nucor (NYSE:NUE) last released its earnings results on Monday, July 27th. The basic materials company reported $4.84 EPS for the quarter, beating the consensus estimate of $4.46 by $0.38. The company had revenue of $10.40 billion during the quarter, compared to analysts’ expectations of $10.15 billion. Nucor had a return on equity of 12.73% and a net margin of 7.99%.The business’s revenue for the quarter was up 23.0% on a year-over-year basis. During the same period last year, the firm earned $2.60 EPS. On average, sell-side analysts predict that Nucor Corporation will post 17.53 EPS for the current fiscal year.

Nucor Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, August 11th. Investors of record on Tuesday, June 30th will be paid a dividend of $0.56 per share. This represents a $2.24 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Tuesday, June 30th. Nucor’s dividend payout ratio is presently 17.86%.

Key Headlines Impacting Nucor

Here are the key news stories impacting Nucor this week:

• Positive Sentiment: Nucor reported second-quarter earnings of $4.84 per share, ahead of the $4.46 consensus estimate, while revenue reached $10.40 billion versus expectations of $10.15 billion. Net earnings increased 92% year over year to approximately $1.2 billion, supported by higher steel prices and volumes. Nucor beats quarterly results on strong pricing, demand
• Positive Sentiment: Management highlighted record steel mill shipments, resilient demand and expectations for stronger consolidated earnings in the third quarter and second half of 2026. Major growth projects could provide additional long-term capacity and earnings potential. NUE Q2 Earnings Call Highlights Growth Projects And Demand
• Positive Sentiment: The company affirmed its regular cash dividend and returned roughly $479 million to shareholders through dividends and share repurchases, reinforcing the shareholder-return case. Nucor Could Be 4% Undervalued On Q2 Results And Dividend Affirmation
• Neutral Sentiment: Zacks Research made only modest increases to its 2026 EPS forecast, to $18.32 from $18.30, while retaining a “Hold” rating. UBS raised its price target to $256 but also maintained a “Neutral” rating, suggesting limited near-term upside at current levels. UBS raises Nucor price target
• Negative Sentiment: Nucor continues to face increased steel imports and startup costs associated with growth projects. After a substantial rally and trading near its 12-month high, the strong results may have been partly anticipated, creating room for profit-taking despite the positive outlook. Nucor Q2 Earnings Call Highlights: Record Shipments and Strong Financial Performance

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. JPMorgan Chase & Co. upped their target price on Nucor from $240.00 to $282.00 and gave the company an “overweight” rating in a research note on Wednesday, June 10th. Citigroup reiterated a “buy” rating on shares of Nucor in a research note on Wednesday. The Goldman Sachs Group boosted their price target on shares of Nucor from $260.00 to $284.00 and gave the company a “buy” rating in a report on Tuesday, June 16th. Barclays increased their price objective on shares of Nucor from $272.00 to $295.00 and gave the company an “overweight” rating in a research note on Wednesday. Finally, UBS Group raised their price objective on shares of Nucor from $224.00 to $256.00 and gave the stock a “neutral” rating in a report on Tuesday. Twelve investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $273.31.

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.