Nucor Corporation $NUE Shares Purchased by Security National Bank of Sioux City Iowa IA

Security National Bank of Sioux City Iowa IA grew its stake in shares of Nucor Corporation (NYSE:NUE) by 17.0% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 14,393 shares of the basic materials company’s stock after acquiring an additional 2,090 shares during the quarter. Nucor comprises about 1.3% of Security National Bank of Sioux City Iowa IA’s holdings, making the stock its 19th largest position. Security National Bank of Sioux City Iowa IA’s holdings in Nucor were worth $3,206,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. Transamerica Financial Advisors LLC acquired a new position in Nucor during the second quarter worth approximately $25,000. Manning & Napier Advisors LLC acquired a new position in shares of Nucor in the 2nd quarter valued at $27,000. Bell Investment Advisors Inc acquired a new position in shares of Nucor in the 2nd quarter valued at $28,000. Markowski Investments purchased a new stake in shares of Nucor during the 2nd quarter valued at $29,000. Finally, Motiv8 Investments LLC acquired a new stake in shares of Nucor during the 4th quarter worth $32,000. 76.48% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, COO Stephen D. Laxton sold 3,968 shares of the business’s stock in a transaction on Thursday, July 30th. The shares were sold at an average price of $256.96, for a total transaction of $1,019,617.28. Following the transaction, the chief operating officer directly owned 77,867 shares of the company’s stock, valued at approximately $20,008,704.32. The trade was a 4.85% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Thomas J. Batterbee sold 4,000 shares of the company’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $261.02, for a total transaction of $1,044,080.00. Following the completion of the transaction, the executive vice president owned 16,138 shares of the company’s stock, valued at $4,212,340.76. This trade represents a 19.86% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.62% of the stock is owned by corporate insiders.

Nucor Stock Down 6.1%

Nucor stock traded down $16.11 during trading on Friday, reaching $249.03. 3,194,489 shares of the company’s stock were exchanged, compared to its average volume of 1,579,805. Nucor Corporation has a 52-week low of $131.32 and a 52-week high of $280.11. The firm has a market cap of $56.50 billion, a price-to-earnings ratio of 19.86, a PEG ratio of 0.94 and a beta of 1.87. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.36 and a current ratio of 2.51. The company’s 50-day moving average is $254.52 and its two-hundred day moving average is $226.67.

Nucor (NYSE:NUE) last issued its quarterly earnings data on Monday, July 27th. The basic materials company reported $4.84 EPS for the quarter, topping analysts’ consensus estimates of $4.46 by $0.38. Nucor had a return on equity of 12.73% and a net margin of 7.99%.The company had revenue of $10.40 billion for the quarter, compared to analysts’ expectations of $10.15 billion. During the same quarter in the previous year, the firm posted $2.60 earnings per share. The firm’s quarterly revenue was up 23.0% on a year-over-year basis. On average, analysts predict that Nucor Corporation will post 18.52 earnings per share for the current year.

Nucor Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, November 10th. Shareholders of record on Wednesday, September 30th will be issued a $0.56 dividend. This represents a $2.24 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Wednesday, September 30th. Nucor’s dividend payout ratio is currently 17.86%.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on NUE. Citigroup reaffirmed a “buy” rating on shares of Nucor in a research report on Wednesday, July 29th. CICC Research assumed coverage on Nucor in a research report on Monday, May 25th. They set an “outperform” rating for the company. JPMorgan Chase & Co. upped their price target on Nucor from $294.00 to $308.00 and gave the stock an “overweight” rating in a research note on Wednesday, September 9th. KeyCorp upgraded Nucor from a “sector weight” rating to an “overweight” rating and set a $274.00 price objective on the stock in a report on Wednesday, June 24th. Finally, Bank of America decreased their target price on Nucor from $290.00 to $280.00 and set a “buy” rating for the company in a report on Thursday, July 9th. Thirteen investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $274.79.

Key Nucor News

Here are the key news stories impacting Nucor this week:

• Positive Sentiment: Nucor projected third-quarter EPS of $5.55–$5.65, above the $2.63 reported in the year-ago quarter and slightly above its $5.04 second-quarter result. Management expects stronger performance in its steel mills and steel products businesses, supported by improved realized prices and volumes. Nucor Expects Q3 Earnings To Be Higher YoY, Sequentially
• Positive Sentiment: The board declared a regular quarterly dividend of $0.56 per share, payable November 10 to shareholders of record September 30. It is Nucor’s 214th consecutive quarterly cash dividend, reinforcing the company’s shareholder-return record. Nucor Announces 214th Consecutive Cash Dividend
• Neutral Sentiment: Freedom Broker reaffirmed a “hold” rating but reduced its price target from $305 to $285, still implying potential upside from the current trading level. Broader analyst targets remain mixed but generally above the share price.
• Negative Sentiment: The central pressure on NUE is that the Q3 EPS forecast fell below Wall Street expectations, variously reported near $5.99–$6.17. The shortfall overshadowed the projected year-over-year and sequential improvement. Nucor Announces Guidance for the Third Quarter of 2026 Earnings
• Negative Sentiment: Investors also reacted to higher costs and the absence of a roughly $130 million cash refund that benefited the prior quarter, making the upcoming results comparison more difficult even with firm steel prices and demand. Steel Dynamics issued similarly disappointing guidance, intensifying concerns across the steel sector. Steel Dynamics and Nucor Fall as Guidance Disappoints
• Negative Sentiment: A broader market backdrop of higher oil prices and bond yields also weighed on equities, while reported insider activity showed selling and no insider purchases over the past six months.

About Nucor

Nucor Corporation is a Charlotte, North Carolina-based steel and steel products company. It manufactures carbon, alloy and stainless steel products, including sheet, plate, bar, structural steel, rail, wire rod, rebar and merchant bar. The company also produces steel joists, deck, beams, piling, wire products, fasteners, grating, metal building systems and other fabricated steel products.

Nucor operates an integrated network of electric arc furnace steel mills, recycling facilities and downstream manufacturing operations.