Nucor Corporation $NUE Shares Acquired by TD Waterhouse Canada Inc.

Key Points

• TD Waterhouse Canada boosted its Nucor stake by 5,569% in Q4, owning 12,075 shares worth about $1.97 million after adding 11,862 shares.
• Nucor's board authorized a $4.00 billion buyback (up to 9.7% of shares) and declared a quarterly dividend of $0.56 per share (1.1% yield).
• Despite missing Q4 estimates (EPS $1.73 vs. $1.91 consensus; revenue $7.69B vs. $7.93B), analysts have raised price targets and the stock carries a "Moderate Buy" consensus with a $198.10 average target.

TD Waterhouse Canada Inc. lifted its position in shares of Nucor Corporation (NYSE:NUE - Free Report) by 5,569.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,075 shares of the basic materials company's stock after purchasing an additional 11,862 shares during the period. TD Waterhouse Canada Inc.'s holdings in Nucor were worth $1,969,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Stance Capital LLC acquired a new position in shares of Nucor during the third quarter worth $25,000. AXS Investments LLC acquired a new position in shares of Nucor during the third quarter worth $37,000. Vision Financial Markets LLC lifted its position in shares of Nucor by 281.7% during the third quarter. Vision Financial Markets LLC now owns 271 shares of the basic materials company's stock worth $37,000 after purchasing an additional 200 shares in the last quarter. Caitlin John LLC acquired a new position in shares of Nucor during the third quarter worth $41,000. Finally, Salomon & Ludwin LLC lifted its position in shares of Nucor by 45.5% during the third quarter. Salomon & Ludwin LLC now owns 320 shares of the basic materials company's stock worth $44,000 after purchasing an additional 100 shares in the last quarter. 76.48% of the stock is owned by institutional investors and hedge funds.

Nucor Stock Down 0.6%

Shares of NYSE:NUE opened at $212.89 on Friday. The company has a current ratio of 2.94, a quick ratio of 1.57 and a debt-to-equity ratio of 0.31. The company has a fifty day simple moving average of $177.14 and a 200 day simple moving average of $165.85. The firm has a market cap of $48.46 billion, a PE ratio of 28.23, a price-to-earnings-growth ratio of 0.76 and a beta of 1.73. Nucor Corporation has a 12-month low of $106.21 and a 12-month high of $216.26.

Nucor (NYSE:NUE - Get Free Report) last issued its quarterly earnings results on Monday, January 26th. The basic materials company reported $1.73 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.91 by ($0.18). Nucor had a return on equity of 8.26% and a net margin of 5.37%.The company had revenue of $7.69 billion during the quarter, compared to the consensus estimate of $7.93 billion. During the same quarter last year, the firm posted $1.22 EPS. The firm's quarterly revenue was up 8.6% on a year-over-year basis. On average, equities research analysts anticipate that Nucor Corporation will post 12.18 EPS for the current fiscal year.

Nucor announced that its board has authorized a stock repurchase plan on Friday, February 20th that allows the company to buyback $4.00 billion in shares. This buyback authorization allows the basic materials company to reacquire up to 9.7% of its stock through open market purchases. Stock buyback plans are typically an indication that the company's board of directors believes its shares are undervalued.

Nucor Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, May 11th. Shareholders of record on Tuesday, March 31st will be paid a dividend of $0.56 per share. The ex-dividend date is Tuesday, March 31st. This represents a $2.24 annualized dividend and a yield of 1.1%. Nucor's payout ratio is presently 29.71%.

Insider Buying and Selling at Nucor

In other Nucor news, EVP Allen C. Behr sold 7,568 shares of the business's stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $188.50, for a total transaction of $1,426,568.00. Following the completion of the sale, the executive vice president owned 67,711 shares in the company, valued at $12,763,523.50. The trade was a 10.05% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Kenneth Rex Query sold 7,452 shares of the business's stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $196.02, for a total transaction of $1,460,741.04. Following the sale, the executive vice president owned 76,628 shares of the company's stock, valued at approximately $15,020,620.56. The trade was a 8.86% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 26,401 shares of company stock worth $4,936,152 over the last 90 days. Insiders own 0.62% of the company's stock.

Key Nucor News

Here are the key news stories impacting Nucor this week:

• Positive Sentiment: JPMorgan raised its price target on Nucor to $212 and kept an Overweight rating, citing tight supply in the steel market that should support prices and margins across the sector. JPMorgan Raises Nucor (NUE) Price Target to $212, Sees Tight Supply Supporting Steel Sector
• Positive Sentiment: BNP Paribas Exane also boosted its price target on Nucor to $210, another vote of confidence from sell‑side analysts that supports medium‑term upside. BNP Paribas Exane Raises Nucor NYSE: NUE Price Target to $210.00
• Positive Sentiment: Nucor reported its lowest-ever injury/illness rate and brought multiple large growth projects online in 2025; management expects higher mill shipments and an improved 2026 earnings outlook as new capacity reaches full operation. This is a structural positive for supply and long-term production growth. Nucor Safety Record And New Capacity Shape Outlook For 2026
• Neutral Sentiment: Analysts’ Q1 previews (multiple outlets) expect Nucor to benefit from favorable steel prices and stronger segment earnings for the March quarter—these are expectations that set the stage for upside if confirmed but are not guarantees. NUE to Report Q1 Earnings: What's in the Cards for the Stock?
• Neutral Sentiment: Zacks highlights Nucor as a top long‑term value stock, supporting investor interest from value and dividend‑oriented buyers but representing a longer horizon catalyst rather than an immediate trigger. Why Nucor (NUE) is a Top Value Stock for the Long-Term
• Negative Sentiment: Pre‑earnings caution: countdown/preview pieces note key metric and shipment expectations, but uncertainty around margins, regional demand, and realized prices for Q1 can produce volatility—investors often trim positions ahead of reporting. Countdown to Nucor (NUE) Q1 Earnings: A Look at Estimates Beyond Revenue and EPS

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on NUE shares. The Goldman Sachs Group started coverage on shares of Nucor in a research note on Wednesday, April 1st. They issued a "buy" rating and a $210.00 price target for the company. Morgan Stanley restated an "equal weight" rating and issued a $180.00 price target (up from $165.00) on shares of Nucor in a research note on Friday, January 9th. Weiss Ratings restated a "hold (c)" rating on shares of Nucor in a research note on Monday, December 29th. Seaport Research Partners lifted their price target on shares of Nucor from $170.00 to $185.00 and gave the stock a "buy" rating in a research note on Friday, January 30th. Finally, BNP Paribas Exane lifted their price target on shares of Nucor from $185.00 to $210.00 and gave the stock an "outperform" rating in a research note on Monday. Nine research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, Nucor presently has an average rating of "Moderate Buy" and a consensus target price of $198.10.

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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