V Square Quantitative Management LLC Acquires New Shares in Nucor Corporation $NUE

Key Points

• Institutional investors boosted stakes: V Square Quantitative Management bought 6,046 shares (~$986k) in Q4 and other large funds — including State Street and a new position from Berkshire Hathaway (~$856.8M) — increased holdings, leaving institutional ownership at about 76.48%.
• Major capital-return actions: Nucor's board authorized a $4.00 billion share repurchase program (up to 9.7% of shares) and declared a $0.56 quarterly dividend (annualized $2.24, ~1.2% yield; ex-dividend Mar 31).
• Mixed fundamentals and insider selling: Nucor missed Q4 estimates (EPS $1.73 vs. $1.91 consensus; revenue $7.69B vs. $7.93B) while insiders sold 26,401 shares (~$4.94M) in the past 90 days, with insider ownership at ~0.62%.

V Square Quantitative Management LLC acquired a new stake in shares of Nucor Corporation (NYSE:NUE - Free Report) during the fourth quarter, according to its most recent filing with the SEC. The fund acquired 6,046 shares of the basic materials company's stock, valued at approximately $986,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. State Street Corp increased its stake in Nucor by 3.1% in the 2nd quarter. State Street Corp now owns 12,501,779 shares of the basic materials company's stock worth $1,626,321,000 after acquiring an additional 371,911 shares during the last quarter. Berkshire Hathaway Inc bought a new position in Nucor in the 2nd quarter worth about $856,792,000. Capital World Investors increased its stake in Nucor by 20.1% in the 3rd quarter. Capital World Investors now owns 3,042,761 shares of the basic materials company's stock worth $412,081,000 after acquiring an additional 509,019 shares during the last quarter. Nordea Investment Management AB increased its stake in Nucor by 11.1% in the 4th quarter. Nordea Investment Management AB now owns 2,103,000 shares of the basic materials company's stock worth $342,642,000 after acquiring an additional 210,577 shares during the last quarter. Finally, Diamond Hill Capital Management Inc. increased its stake in Nucor by 2.4% in the 3rd quarter. Diamond Hill Capital Management Inc. now owns 1,685,250 shares of the basic materials company's stock worth $228,233,000 after acquiring an additional 38,990 shares during the last quarter. 76.48% of the stock is currently owned by institutional investors.

Insider Activity at Nucor

In related news, EVP Kenneth Rex Query sold 7,452 shares of the stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $196.02, for a total transaction of $1,460,741.04. Following the completion of the sale, the executive vice president directly owned 76,628 shares in the company, valued at $15,020,620.56. This represents a 8.86% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Daniel R. Needham sold 3,881 shares of the stock in a transaction dated Friday, January 30th. The shares were sold at an average price of $178.00, for a total value of $690,818.00. Following the sale, the executive vice president owned 88,298 shares of the company's stock, valued at $15,717,044. This represents a 4.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 26,401 shares of company stock worth $4,936,152 in the last ninety days. 0.62% of the stock is owned by company insiders.

Nucor Price Performance

NUE opened at $184.08 on Friday. The stock has a market capitalization of $41.90 billion, a P/E ratio of 24.41, a PEG ratio of 0.65 and a beta of 1.73. Nucor Corporation has a 12-month low of $105.92 and a 12-month high of $196.90. The stock has a 50-day moving average price of $175.19 and a 200-day moving average price of $161.56. The company has a current ratio of 2.94, a quick ratio of 1.57 and a debt-to-equity ratio of 0.31.

Nucor (NYSE:NUE - Get Free Report) last issued its earnings results on Monday, January 26th. The basic materials company reported $1.73 earnings per share for the quarter, missing the consensus estimate of $1.91 by ($0.18). The company had revenue of $7.69 billion for the quarter, compared to analysts' expectations of $7.93 billion. Nucor had a net margin of 5.37% and a return on equity of 8.26%. The company's revenue was up 8.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.22 earnings per share. Equities analysts predict that Nucor Corporation will post 7.64 earnings per share for the current fiscal year.

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

Nucor Dividend Announcement

The business 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 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 1.2%. Nucor's dividend payout ratio is currently 29.71%.

Key Stories Impacting Nucor

Here are the key news stories impacting Nucor this week:

• Positive Sentiment: Zacks raised a few longer‑term/late‑cycle forecasts: FY2026 EPS was nudged up to $10.93 (from $10.80), Q4‑2026 was raised to $2.09 (from $1.82), and FY2028 was slightly increased to $13.60. These upgrades suggest Zacks still expects recovery/strength later in the forecast horizon.
• Positive Sentiment: Zacks published a longer piece highlighting Nucor as a momentum/long‑term opportunity, which can provide supportive narrative for buy‑and‑hold investors. Why Nucor (NUE) is a Top Momentum Stock for the Long-Term
• Neutral Sentiment: Nucor updated Q1‑2026 EPS guidance to a range of $2.70–$2.80 versus a consensus of $2.76 — roughly in line with expectations (slightly below at the low end), so this guided range is not a material surprise to the market.
• Neutral Sentiment: Coverage/analysis pieces (e.g., The Motley Fool’s primer on Nucor’s investment case) add context but are opinion‑level and less likely to move the stock immediately. Nucor: A Steel Giant With Investment Potential?
• Neutral Sentiment: Note: a press release for NU E Power Corp (ticker NUE on Canadian/OTC venues) appeared — this is a different company and can cause ticker confusion in headlines; it does not affect Nucor’s fundamentals. NU E Power Corp. Launches New Corporate Website, Releases Updated Investor Presentation and Provides Business Strategy Overview
• Negative Sentiment: Zacks cut several near‑term and medium‑term EPS estimates: Q1‑2026 to $2.71 (from $2.77), Q3‑2026 to $2.94 (from $2.97), Q1‑2027 to $3.23 (from $3.34), Q3‑2027 to $3.43 (from $3.51), and trimmed FY2027 to $12.88 (from $13.14). Multiple downward revisions to upcoming quarters and FY2027 create immediate negative pressure on the stock.

Wall Street Analyst Weigh In

NUE has been the topic of a number of research analyst reports. UBS Group upgraded Nucor from a "neutral" rating to a "buy" rating and upped their target price for the stock from $184.00 to $190.00 in a research note on Thursday, March 26th. BMO Capital Markets upped their price objective on Nucor from $190.00 to $196.00 and gave the stock an "outperform" rating in a report on Tuesday, March 3rd. Wall Street Zen upgraded Nucor from a "hold" rating to a "buy" rating in a report on Saturday, March 28th. KeyCorp began coverage on Nucor in a report on Wednesday, March 25th. They issued a "sector weight" rating for the company. Finally, Jefferies Financial Group upped their price objective on Nucor from $190.00 to $200.00 and gave the stock a "buy" rating in a report on Monday, January 12th. Nine investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $190.30.

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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