Horizon Investments LLC Increases Holdings in Nucor Corporation $NUE

Key Points

• Horizon Investments LLC increased its Nucor stake by 572.9% in Q4, adding 49,691 shares to hold 58,364 shares valued at about $9.52 million.
• Nucor posted a strong quarter—$3.23 EPS beating estimates and 21.3% revenue growth—while its board authorized a $4.00 billion share buyback and analysts have been raising price targets (consensus ≈ $240, Goldman $260), supporting upside momentum.

Horizon Investments LLC lifted its position in shares of Nucor Corporation (NYSE:NUE - Free Report) by 572.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 58,364 shares of the basic materials company's stock after buying an additional 49,691 shares during the period. Horizon Investments LLC's holdings in Nucor were worth $9,520,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Stance Capital LLC purchased a new position in shares of Nucor during the 3rd quarter valued at about $25,000. AXS Investments LLC purchased a new position in shares of Nucor during the 3rd quarter valued at about $37,000. Vision Financial Markets LLC raised its holdings in shares of Nucor by 281.7% during the 3rd quarter. Vision Financial Markets LLC now owns 271 shares of the basic materials company's stock valued at $37,000 after buying an additional 200 shares in the last quarter. Ares Financial Consulting LLC purchased a new position in shares of Nucor during the 4th quarter valued at about $45,000. Finally, Caitlin John LLC purchased a new position in shares of Nucor during the 3rd quarter valued at about $41,000. 76.48% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

NUE has been the topic of a number of research reports. UBS Group cut Nucor from a "buy" rating to a "neutral" rating and raised their price objective for the company from $190.00 to $224.00 in a report on Tuesday. Seaport Research Partners reaffirmed a "buy" rating and issued a $245.00 price target on shares of Nucor in a research note on Thursday. Bank of America lifted their price target on Nucor from $190.00 to $250.00 and gave the stock a "buy" rating in a research note on Tuesday, April 28th. Wells Fargo & Company lifted their price target on Nucor from $213.00 to $244.00 and gave the stock an "overweight" rating in a research note on Wednesday. Finally, KeyCorp initiated coverage on Nucor in a research note on Wednesday, March 25th. They issued a "sector weight" rating on the stock. Eight equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $240.00.

Insider Buying and Selling

In other news, EVP Kenneth Rex Query sold 7,452 shares of Nucor stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $196.02, for a total value of $1,460,741.04. Following the sale, the executive vice president directly owned 76,628 shares in the company, valued at approximately $15,020,620.56. This trade represents a 8.86% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Allen C. Behr sold 7,568 shares of Nucor stock in a transaction that occurred on Tuesday, February 3rd. The stock was sold at an average price of $188.50, for a total value of $1,426,568.00. Following the completion of the sale, the executive vice president owned 67,711 shares in the company, valued at approximately $12,763,523.50. This represents a 10.05% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 22,520 shares of company stock worth $4,245,334. Corporate insiders own 0.62% of the company's stock.

Key Nucor News

Here are the key news stories impacting Nucor this week:

• Positive Sentiment: Goldman Sachs raised its price target on Nucor to $260 from $240, implying roughly a mid‑teens upside vs the current share level — a clear analyst vote of confidence that supports upward price momentum. Goldman Sachs Adjusts Price Target on Nucor to $260 From $240
• Positive Sentiment: Coverage highlighting Nucor’s “blockbuster” earnings (triple‑digit EPS gains, double‑digit revenue growth) reinforces the narrative of stronger fundamentals and justifies higher valuation multiples. Investors may be re‑rating shares on the earnings beat and upward guidance/forecasts. Is Nucor a Buy After Its Blockbuster Earnings Report?
• Positive Sentiment: Jim Cramer singled out Nucor as a “data center stock,” a high‑visibility endorsement that can attract retail and momentum flows by linking Nucor to secular demand drivers (infrastructure, data‑center builds). Nucor (NUE) is a Data Center Stock, Says Jim Cramer
• Neutral Sentiment: Analyst activity is rising — Nucor shows up on trending lists (TipRanks) indicating increased attention from the sell‑side and modelers; this raises liquidity/coverage but is not a direct buy/sell signal. Campbell, DoorDash, Oklo, Nucor, Telus Trending With Analysts
• Neutral Sentiment: General market pages (CNN) and other outlets continue to list Nucor in stock trackers — useful for visibility but not a direct catalyst. Nucor Corporation
• Negative Sentiment: MarketWatch noted Nucor underperformed peers on a recent session, a reminder that relative performance and sector rotation could cap near‑term gains even as fundamentals improve. Nucor Corp. stock underperforms Wednesday when compared to competitors

Nucor Price Performance

Shares of Nucor stock opened at $225.93 on Friday. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.90 and a quick ratio of 1.57. The business's 50 day simple moving average is $180.91 and its two-hundred day simple moving average is $169.01. The stock has a market capitalization of $51.43 billion, a P/E ratio of 22.37, a price-to-earnings-growth ratio of 0.76 and a beta of 1.87. Nucor Corporation has a one year low of $106.21 and a one year high of $227.96.

Nucor (NYSE:NUE - Get Free Report) last announced its quarterly 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. The business had revenue of $9.50 billion for the quarter, compared to analysts' expectations of $8.88 billion. Nucor had a return on equity of 10.68% and a net margin of 6.82%.The business's quarterly revenue was up 21.3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.77 EPS. Analysts forecast that Nucor Corporation will post 13.64 EPS for the current year.

Nucor Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, May 11th. Stockholders of record on Tuesday, March 31st will be given a $0.56 dividend. This represents a $2.24 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date is Tuesday, March 31st. Nucor's dividend payout ratio (DPR) is currently 22.18%.

Nucor announced that its Board of Directors has authorized a share buyback program on Friday, February 20th that allows the company to repurchase $4.00 billion in outstanding shares. This repurchase authorization allows the basic materials company to repurchase up to 9.7% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's board believes its shares are undervalued.

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.

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