Moors & Cabot Inc. Reduces Stake in Nucor Co. (NYSE:NUE)

On March 17, 2025, it was reported that Moors & Cabot Inc. has reduced its holdings in Nucor Co. (NYSE:NUE) by 13.4% during the fourth quarter. This institutional investor now owns 2,473 shares of Nucor's stock after selling 383 shares within that reporting period. At the end of the quarter, Moors & Cabot Inc.’s total holdings in Nucor were valued at approximately $289,000.

Other institutional investors have also adjusted their positions in Nucor. For example, Coastline Trust Co made a new investment in Nucor during the third quarter, worth about $29,000. Similarly, Crews Bank & Trust entered the market during the fourth quarter also with a stake around $29,000. New Wave Wealth Advisors LLC purchased a new position in Nucor worth approximately $33,000 in the fourth quarter. Versant Capital Management Inc. increased its holdings in Nucor by 60.3% during the fourth quarter, now owning 303 shares valued at $35,000 after adding 114 shares to its portfolio. Lastly, Beacon Capital Management LLC expanded its stake by 29.1% during the same quarter and currently holds 417 shares worth about $49,000. Overall, 76.48% of Nucor’s stock is owned by institutional investors.

Nucor Stock Performance

As of Monday, shares of Nucor opened at $132.26. The company has maintained a debt-to-equity ratio of 0.27, a quick ratio of 1.48, and a current ratio of 2.51. Nucor's stock has a 50-day simple moving average of $129.75 and a 200-day simple moving average of $138.42. Over the past year, the company’s stock reached a low of $112.25 and a high of $203.00. Nucor has a market capitalization of $30.49 billion, a price-to-earnings (PE) ratio of 15.73, a price/earnings growth (P/E/G) ratio of 0.96 and a beta of 1.58.

Nucor recently released its quarterly earnings data on January 27th. The company reported earnings per share (EPS) of $1.22, surpassing the consensus estimate of $0.94 by $0.28. The company had a return on equity of 9.85% and a net margin of 6.60%. A year prior, Nucor had posted an EPS of $3.16. Analysts project that Nucor will achieve an EPS of 7.64 for the current fiscal year.

Nucor Declares Dividend

Additionally, Nucor announced it will distribute a quarterly dividend of $0.55, payable on May 12, 2025, to shareholders recorded on March 31, 2025. The ex-dividend date is also set for March 31. This dividend amounts to an annualized rate of $2.20, yielding a 1.66% return. Presently, the company has a dividend payout ratio of 26.16%.

Analysts Project Growth for Nucor

Various analysts have provided insights regarding Nucor shares. The Goldman Sachs Group initiated coverage on Nucor, recommending a “buy” rating with a price target of $190.00. StockNews.com recently upgraded Nucor from a “sell” to a “hold” rating. JPMorgan Chase & Co. elevated their price target from $150.00 to $156.00 alongside an “overweight” rating. Jefferies Financial Group adjusted their target from $125.00 to $135.00 while maintaining a “hold” rating. Morgan Stanley also increased their price target from $154.00 to $167.00 with an “overweight” rating. Investor sentiment reflects that four analysts recommend holding, five advise buying, and one suggests a strong buy for Nucor stock. According to MarketBeat, Nucor holds an average rating of “Moderate Buy” with a target price averaging $164.33.

About Nucor

Nucor Corporation specializes in the manufacturing and sale of steel and steel products. It operates in three primary segments: steel mills, steel products, and raw materials. The Steel Mills segment produces a variety of steel products including hot-rolled, cold-rolled, and galvanized sheet steel, as well as structural and specialty steel products.

Moors, Nucor, Stocks