Matthew 25 Management Corp Acquires New Shares in Nucor Corporation $NUE

Matthew 25 Management Corp acquired a new stake in Nucor Corporation (NYSE:NUE - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 25,000 shares of the basic materials company's stock, valued at approximately $4,078,000. Nucor makes up 1.2% of Matthew 25 Management Corp's investment portfolio, making the stock its 19th largest position.

Other hedge funds have also recently bought and sold shares of the company. Stance Capital LLC purchased a new position in Nucor in the 3rd quarter valued at approximately $25,000. AXS Investments LLC purchased a new position in Nucor in the 3rd quarter valued at approximately $37,000. Vision Financial Markets LLC increased its stake in Nucor by 281.7% in the 3rd quarter. Vision Financial Markets LLC now owns 271 shares of the basic materials company's stock valued at $37,000 after purchasing an additional 200 shares in the last quarter. Caitlin John LLC purchased a new position in Nucor in the 3rd quarter valued at approximately $41,000. Finally, Geneos Wealth Management Inc. increased its stake in Nucor by 81.8% in the 1st quarter. Geneos Wealth Management Inc. now owns 340 shares of the basic materials company's stock valued at $41,000 after purchasing an additional 153 shares in the last quarter. 76.48% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Nucor

In related news, EVP David A. Sumoski sold 33,068 shares of Nucor stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $225.67, for a total value of $7,462,455.56. Following the transaction, the executive vice president owned 243,339 shares in the company, valued at approximately $54,914,312.13. This trade represents a 11.96% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Noah C. Hanners sold 6,472 shares of Nucor stock in a transaction on Friday, May 1st. The shares were sold at an average price of $226.50, for a total value of $1,465,908.00. Following the completion of the transaction, the executive vice president owned 50,377 shares in the company, valued at $11,410,390.50. The trade was a 11.38% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 59,880 shares of company stock worth $13,301,793 over the last ninety days. 0.62% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several research firms have weighed in on NUE. Wells Fargo & Company raised their price target on Nucor from $213.00 to $244.00 and gave the stock an "overweight" rating in a research report on Wednesday, April 29th. Morgan Stanley raised their price target on Nucor from $180.00 to $227.00 and gave the stock an "equal weight" rating in a research report on Wednesday, April 29th. Bank of America raised their price target on Nucor from $190.00 to $250.00 and gave the stock a "buy" rating in a research report on Tuesday, April 28th. KeyCorp started coverage on Nucor in a report on Wednesday, March 25th. They set a "sector weight" rating on the stock. Finally, BMO Capital Markets raised their price objective on Nucor from $196.00 to $235.00 and gave the stock an "outperform" rating in a report on Tuesday, April 28th. Eight equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $243.80.

Nucor Price Performance

NUE stock opened at $232.11 on Wednesday. Nucor Corporation has a 52-week low of $106.21 and a 52-week high of $233.74. The stock's fifty day simple moving average is $181.96 and its 200-day simple moving average is $169.89. 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 stock has a market capitalization of $52.84 billion, a price-to-earnings ratio of 22.98, a price-to-earnings-growth ratio of 0.65 and a beta of 1.87.

Nucor (NYSE:NUE - Get Free Report) last posted its quarterly earnings data on Monday, April 27th. The basic materials company reported $3.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.82 by $0.41. Nucor had a return on equity of 10.68% and a net margin of 6.82%.The business had revenue of $9.50 billion for the quarter, compared to analysts' expectations of $8.88 billion. During the same quarter last year, the firm earned $0.77 earnings per share. The business's revenue was up 21.3% on a year-over-year basis. Equities research analysts expect that Nucor Corporation will post 13.64 EPS for the current year.

Nucor declared that its Board of Directors has authorized a share buyback plan on Friday, February 20th that permits the company to repurchase $4.00 billion in outstanding shares. This repurchase authorization permits the basic materials company to reacquire up to 9.7% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's management believes its shares are undervalued.

Nucor Dividend Announcement

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

More Nucor News

Here are the key news stories impacting Nucor this week:

• Positive Sentiment: Analyst upgrades and higher targets — BNP Paribas Exane raised its price target to $248 and kept an "outperform" rating; other firms (Citigroup, Jefferies, Seaport) have also lifted targets recently, supporting upside expectations.
• Positive Sentiment: Strong earnings push — Nucor beat Q1 estimates (EPS $3.23 vs. $2.82 expected) and reported revenue growth of ~21% YoY, which underpins analyst upgrades and higher valuations.
• Positive Sentiment: Buybacks and dividend support — board authorized a $4.0B share‑repurchase program and the company pays a dividend (annualized $2.24), both of which are shareholder‑friendly capital allocation moves that can lift the stock.
• Neutral Sentiment: Institutional ownership & fundamentals — ~76% institutional ownership, modest leverage (D/E ~0.30) and solid liquidity ratios; these factors reduce headline volatility but limit surprise flows.
• Negative Sentiment: Insider sale — EVP David A. Sumoski sold 33,068 shares at about $225.67 on Apr 30, reducing his position by ~12%. Form 4 — Sumoski
• Negative Sentiment: Insider sale — EVP Daniel R. Needham sold 12,888 shares at about $226.00 on May 1, trimming his stake by ~12.6%. Form 4 — Needham
• Negative Sentiment: Insider sale — EVP Noah C. Hanners sold 6,472 shares at about $226.50 on May 1, an ~11.4% ownership reduction for him. Form 4 — Hanners

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.

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