<div id="readability-page-1"><p>Moneywise Inc. purchased a new position in shares of  Nucor Corporation (NYSE:NUE - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor  purchased 3,767 shares of the basic materials company's stock, valued at approximately $488,000.</p><ul><li>Buffett Makes Big Moves Outside of UNH: A Buy and Sell Breakdown</li></ul><p>Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Jeppson Wealth Management LLC increased its position in  Nucor by 13.4% during the second quarter. Jeppson Wealth Management LLC now owns 3,004 shares of the basic materials company's stock worth $389,000 after purchasing an additional 355 shares during the last quarter.  TD Private Client Wealth LLC increased its position in  Nucor by 19.0% during the second quarter. TD Private Client Wealth LLC now owns 1,653 shares of the basic materials company's stock worth $214,000 after purchasing an additional 264 shares during the last quarter.  Revisor Wealth Management LLC increased its position in  Nucor by 14.1% during the second quarter. Revisor Wealth Management LLC now owns 3,747 shares of the basic materials company's stock worth $537,000 after purchasing an additional 463 shares during the last quarter.  Counterpoint Mutual Funds LLC acquired a new position in  Nucor during the second quarter worth approximately $351,000.  Finally, Farmers Trust Co. increased its position in  Nucor by 12.5% during the second quarter. Farmers Trust Co. now owns 25,558 shares of the basic materials company's stock worth $3,311,000 after purchasing an additional 2,832 shares during the last quarter. Institutional investors and hedge funds own  76.48% of the company's stock. </p><h2>Insider Activity</h2><p>In other Nucor news, EVP Allen C. Behr sold 8,021 shares of the stock in a transaction on Thursday, July 31st. The shares were sold at an average price of $143.38, for a total transaction of $1,150,050.98. Following the transaction, the executive vice president directly owned 82,703 shares in the company, valued at $11,857,956.14. This represents a 8.84% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Daniel R. Needham sold 7,200 shares of the stock in a transaction on Monday, August 18th. The shares were sold at an average price of $146.00, for a total transaction of $1,051,200.00. Following the transaction, the executive vice president owned 92,179 shares in the company, valued at $13,458,134. This trade represents a 7.24% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 31,309 shares of company stock valued at $4,553,771 over the last ninety days. 0.46% of the stock is owned by company insiders. </p><h2>Nucor Price Performance</h2><ul><li>Top Steel Picks for the Coming Infrastructure Boom</li></ul><p>Shares of NUE stock opened at $136.16 on Thursday. The company has a market capitalization of $31.25 billion, a PE ratio of 24.58, a price-to-earnings-growth ratio of 0.93 and a beta of 1.76. The firm has a fifty day simple moving average of $142.71 and a 200-day simple moving average of $128.68. The company has a current ratio of 2.83, a quick ratio of 1.51 and a debt-to-equity ratio of 0.31. Nucor Corporation has a twelve month low of $97.59 and a twelve month high of $170.52. </p><p>Nucor (NYSE:NUE - Get Free Report) last announced its earnings results on Monday, July 28th. The basic materials company reported $2.60 earnings per share for the quarter, beating the consensus estimate of $2.54 by $0.06. The business had revenue of $8.46 billion during the quarter, compared to the consensus estimate of $8.47 billion. Nucor had a net margin of 4.21% and a return on equity of 6.65%. The business's quarterly revenue was up 4.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.68 earnings per share.  Equities research analysts anticipate that  Nucor Corporation will post 7.64 earnings per share for the current fiscal year. </p><h2>Nucor Dividend Announcement</h2><ul><li>X: 1 Reason to Bet on U.S. Steel, and 1 Reason to Hold Back</li></ul><p>The company also recently announced a quarterly dividend, which will be paid on Monday, November 10th. Stockholders of record on Tuesday, September 30th will be paid a $0.55 dividend. The ex-dividend date is Tuesday, September 30th. This represents a $2.20 annualized dividend and a dividend yield of 1.6%. Nucor's dividend payout ratio  is 39.71%. </p><h2>Wall Street Analyst Weigh In</h2><p>Several equities research analysts have recently issued reports on the stock. Jefferies Financial Group raised shares of Nucor from a &#34;hold&#34; rating to a &#34;buy&#34; rating and increased their price objective for the stock from $135.00 to $170.00 in a research report on Thursday, July 31st. Bank of America increased their price objective on shares of Nucor from $150.00 to $165.00 and gave the stock a &#34;buy&#34; rating in a research report on Monday, September 15th. BMO Capital Markets raised shares of Nucor from a &#34;market perform&#34; rating to an &#34;outperform&#34; rating and increased their price objective for the stock from $140.00 to $145.00 in a research report on Monday, June 2nd. Morgan Stanley increased their price objective on shares of Nucor from $134.00 to $149.00 and gave the stock an &#34;overweight&#34; rating in a research report on Friday, June 20th. Finally, JPMorgan Chase &amp; Co. increased their price objective on shares of Nucor from $143.00 to $162.00 and gave the stock an &#34;overweight&#34; rating in a research report on Monday, July 14th. Eight analysts have rated the stock with a Buy rating and one  has given a Hold rating to the company. According to data from MarketBeat.com, the company  has an average rating of &#34;Moderate Buy&#34; and an average target price of $156.20.</p><p><b>Get Our Latest Report on NUE</b></p><h2>Nucor Company Profile</h2> (Free Report)<p>Nucor Corporation engages in manufacture and sale of steel and steel products. It operates in three segments: steel mills, steel products, and raw materials. The Steel Mills segment produces hot-rolled, cold-rolled, and galvanized sheet steel products; plate steel products; wide-flange beams, beam blanks, and H-piling and sheet piling structural steel products; bar steel products, such as blooms, billets, concrete reinforcing and merchant bars, and engineered special bar quality products; and engages in the steel trading and rebar distribution businesses.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Nucor</li><li>How to Read Stock Charts for Beginners</li><li>Cybersecurity Market Set to Double: This ETF Offers Exposure</li><li>The Basics of Support and  Resistance</li><li>Downgraded But Not Done: 3 Stocks Ready for a Market Comeback</li><li>What is the Nikkei 225 index?    </li><li>Solana Beat BTC and ETH in Q3: These 3 Stocks Saw It Coming</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPU5VRQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPU5VRQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Nucor Right Now?</h2><p>Before you consider Nucor, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Nucor wasn't on the list.</p><p>While Nucor currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Moneywise Inc. acquired 3,767 shares of Nucor Corporation (NYSE:NUE) valued at approximately $488,000 in the second quarter, according to SEC disclosures. Other institutional investors also increased their positions in Nucor. The company reported earnings of $2.60 per share, beating estimates, with a revenue of $8.46 billion. Nucor announced a quarterly dividend of $0.55, payable on November 10th. The stock has a market cap of $31.25 billion and a PE ratio of 24.58.</p>

3,767 Shares in Nucor Corporation $NUE Acquired by Moneywise Inc.