Institutional investors reshape stakes in Nucor Corp as earnings beat expectations

In the first quarter, several institutional investors altered their positions in Nucor Corporation (NYSE:NUE). Orange Investment Advisors trimmed its holding by 20.2% to 17,869 shares, valued at about $3.0 million. Union Bancaire Privée increased its stake by 84.9% to 13,140 shares, worth roughly $2.2 million. Other investors such as Integrated Wealth Concepts, Dynamic Technology Lab, Geneos Wealth Management, Sivia Capital Partners, and Cerity Partners also reported sizable adjustments.

Nucor reported first‑quarter results that beat analysts' forecasts, posting earnings per share of $3.23 versus the consensus $2.82 and revenue of $9.50 billion, up 21.3% year‑over‑year. The company announced a quarterly dividend of $0.56 per share, payable on August 11, with an annualized rate of $2.24. Analysts raised price targets and upgraded ratings following the strong performance.

These holdings changes and the earnings beat highlight continued investor interest in Nucor’s steel operations amid favorable pricing outlooks.