Nucor
About: Nucor Corp manufactures steel and steel products. The company also produces direct reduced iron for use in its steel mills. The operations include international trading and sales companies that buy and sell steel and steel products manufactured by the company and others. The operating business segments are: steel mills, steel products, and raw materials, the steel mills segment derives maximum revenue. The steel mills segment includes carbon and alloy steel in sheet, bars, structural and plate; steel trading businesses; rebar distribution businesses; and Nucor's equity method investments in NuMit and NJSM.
Employees: 32,000
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
70% more call options, than puts
Call options by funds: $806M | Put options by funds: $475M
0.35% less ownership
Funds ownership: 76.51% [Q3] → 76.16% (-0.35%) [Q4]
6% less first-time investments, than exits
New positions opened: 151 | Existing positions closed: 160
3% less funds holding
Funds holding: 1,178 [Q3] → 1,145 (-33) [Q4]
22% less capital invested
Capital invested by funds: $27.2B [Q3] → $21.3B (-$5.95B) [Q4]
29% less repeat investments, than reductions
Existing positions increased: 333 | Existing positions reduced: 472
50% less funds holding in top 10
Funds holding in top 10: 10 [Q3] → 5 (-5) [Q4]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
UBS Curt Woodworth 67% 1-year accuracy 8 / 12 met price target | 35%upside $160 | Buy Upgraded | 24 Mar 2025 |
JP Morgan Bill Peterson 41% 1-year accuracy 15 / 37 met price target | 31%upside $156 | Overweight Maintained | 11 Mar 2025 |
Morgan Stanley Carlos De Alba 29% 1-year accuracy 7 / 24 met price target | 41%upside $167 | Overweight Maintained | 7 Mar 2025 |
Jefferies Christopher LeFemina 67% 1-year accuracy 4 / 6 met price target | 14%upside $135 | Hold Maintained | 29 Jan 2025 |
Financial journalist opinion
Based on 14 articles about NUE published over the past 30 days









