Nucor Corporation $NUE Shares Acquired by Lazard Asset Management LLC

Lazard Asset Management LLC grew its holdings in shares of Nucor Corporation (NYSE:NUE) by 6.9% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 57,373 shares of the basic materials company’s stock after buying an additional 3,705 shares during the period. Lazard Asset Management LLC’s holdings in Nucor were worth $9,702,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Vanguard Group Inc. raised its stake in Nucor by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 28,407,540 shares of the basic materials company’s stock valued at $4,633,554,000 after acquiring an additional 144,038 shares in the last quarter. Morgan Stanley grew its stake in shares of Nucor by 1.1% in the fourth quarter. Morgan Stanley now owns 3,853,205 shares of the basic materials company’s stock worth $628,497,000 after purchasing an additional 41,728 shares in the last quarter. Norges Bank bought a new position in shares of Nucor in the fourth quarter worth $609,002,000. Dimensional Fund Advisors LP increased its holdings in shares of Nucor by 0.9% during the first quarter. Dimensional Fund Advisors LP now owns 2,539,044 shares of the basic materials company’s stock valued at $429,298,000 after purchasing an additional 22,718 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its holdings in shares of Nucor by 3.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,919,883 shares of the basic materials company’s stock valued at $313,152,000 after purchasing an additional 56,565 shares during the period. 76.48% of the stock is owned by institutional investors.

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 Ratings Changes

A number of analysts have recently weighed in on the stock. Barclays upped their price target on shares of Nucor from $272.00 to $295.00 and gave the stock an “overweight” rating in a research note on Wednesday. The Goldman Sachs Group boosted their target price on Nucor from $260.00 to $284.00 and gave the stock a “buy” rating in a report on Tuesday, June 16th. BMO Capital Markets upped their target price on Nucor from $285.00 to $295.00 and gave the stock an “outperform” rating in a research report on Wednesday. UBS Group increased their price target on Nucor from $224.00 to $256.00 and gave the company a “neutral” rating in a research note on Tuesday. Finally, BNP Paribas Exane lifted their price target on Nucor from $210.00 to $248.00 and gave the company an “outperform” rating in a research report on Monday, May 4th. Twelve equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, Nucor currently has an average rating of “Moderate Buy” and a consensus price target of $273.31.

Nucor Trading Down 3.6%

Shares of NYSE NUE opened at $256.04 on Thursday. The company has a quick ratio of 1.55, a current ratio of 2.51 and a debt-to-equity ratio of 0.27. Nucor Corporation has a 12 month low of $131.32 and a 12 month high of $270.90. The company has a market cap of $58.31 billion, a price-to-earnings ratio of 20.42, a P/E/G ratio of 0.61 and a beta of 1.91. The business has a fifty day simple moving average of $241.82 and a 200-day simple moving average of $206.31.

Nucor (NYSE:NUE) last issued its quarterly earnings results on Monday, July 27th. The basic materials company reported $4.84 earnings per share for the quarter, topping analysts’ consensus estimates of $4.46 by $0.38. The firm had revenue of $10.40 billion for 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%.Nucor’s revenue was up 23.0% on a year-over-year basis. During the same quarter last year, the business posted $2.60 EPS. Sell-side analysts predict that Nucor Corporation will post 17.53 EPS for the current year.

Nucor Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, August 11th. Stockholders of record on Tuesday, June 30th will be given a $0.56 dividend. 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 (DPR) is 17.86%.

Insider Buying and Selling at Nucor

In other Nucor news, EVP Bradley Ford sold 2,240 shares of Nucor stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $232.13, for a total transaction of $519,971.20. Following the transaction, the executive vice president directly owned 43,649 shares in the company, valued at approximately $10,132,242.37. The trade was a 4.88% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP John J. Hollatz sold 10,560 shares of Nucor stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $258.46, for a total transaction of $2,729,337.60. Following the transaction, the executive vice president owned 97,865 shares in the company, valued at approximately $25,294,187.90. The trade was a 9.74% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 49,310 shares of company stock valued at $11,501,475 over the last three months. 0.62% of the stock is owned by 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.