Nucor Corporation (NUE) is seeing substantial activity from notable investment firms.
Encompass Capital Advisors and
Berkshire Hathaway have taken positions in the company, with the latter securing a $856.79 million position.
State Street Corp and
Occudo Quantitative Strategies have also invested in NUE. There have also been multiple changes in NUE's investment ratings, with
Jefferies raising its target price and maintaining a buying recommendation, and
Wells Fargo raising the stock to 'Overweight'. A recent leadership transition has been announced and there's been an increase in their cash dividend. The company has been ensuring its stronghold in the steel industry, as indicated by
Jim Cramer's comments that NUE is the only provider that can supply steel at scale for data centers. There have been fluctuating reports on NUE's stock performance, revealing periods of outpacing and underperfoming stock market gains. Despite incremental changes, NUE's dividends and analysts' target prices suggest long-term growth.
Nucor Corporation NUE News Analytics from Tue, 01 Apr 2025 07:00:00 GMT to Sat, 13 Dec 2025 18:49:55 GMT -
Rating 6
- Innovation 4
- Information 8
- Rumor -2
