Nucor (NUE)

• Market cap: $26.3B
• 1 day: 1.94%
• 5 days: 4.66%
• 1 month: -10.44%
• 3 months: -6.61%
• 6 months: -19.27%
• Year to date: -0.33%
• 1 year: -33.95%
• 5 years: 201.29%
• 10 years: 137.16%
• Sector: Materials
• Industry: Steel

About: Nucor Corp manufactures steel and steel products. The company's reportable segments are steel mills, steel products, and raw materials. A majority of its revenue is derived from the steel mills segment, which is engaged in producing sheet steel (hot-rolled, cold-rolled, and galvanized), plate steel, structural steel (wide-flange beams, beam blanks, H-piling, and sheet piling), and bar steel products. Nucor manufactures steel principally from scrap steel and scrap steel substitutes using electric arc furnaces (EAFs) along with continuous casting and automated rolling mills. The steel mills segment sells its products mainly to steel service centers, fabricators, and manufacturers located in the United States, Canada, and Mexico.

Employees: 32,700

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

70% more call options, than puts

Call options by funds: $806M | Put options by funds: $475M

1.0% more ownership

Funds ownership: 75.2% [Q3] → 76.2% (+1.0%) [Q4]

3% less first-time investments, than exits

New positions opened: 154 | Existing positions closed: 158

2% less funds holding

Funds holding: 1,178 [Q3] → 1,150 (-28) [Q4]

21% less capital invested

Capital invested by funds: $26.8B [Q3] → $21.3B (-$5.52B) [Q4]

29% less repeat investments, than reductions

Existing positions increased: 336 | Existing positions reduced: 471

44% less funds holding in top 10

Funds holding in top 10: 9 [Q3] → 5 (-4) [Q4]

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $135 18% upside
• Avg. target: $154 35% upside
• High target: $169 48% upside

5 analyst ratings

• positive: 4 80%
• neutral: 1 20%
• negative: 0 0%

JP Morgan Bill Peterson 42% 1-year accuracy 16 / 38 met price target	23% upside $140	Overweight Maintained	16 Apr 2025
Goldman Sachs Mike Harris 20% 1-year accuracy 1 / 5 met price target	48% upside $169	Buy Maintained	7 Apr 2025
UBS Curt Woodworth 20% 1-year accuracy 2 / 10 met price target	40% upside $160	Buy Upgraded	24 Mar 2025
Morgan Stanley Carlos De Alba 26% 1-year accuracy 6 / 23 met price target	46% upside $167	Overweight Maintained	7 Mar 2025
Jefferies Christopher LeFemina 50% 1-year accuracy 3 / 6 met price target	18% upside $135	Hold Maintained	29 Jan 2025