Zacks Research Predicts PACCAR’s Q2 Earnings (NASDAQ:PCAR)

PACCAR Inc. (NASDAQ:PCAR) – Equities research analysts at Zacks Research upped their Q2 2026 earnings per share estimates for shares of PACCAR in a research report issued to clients and investors on Tuesday, July 15th. Zacks Research analyst R. Singhi now anticipates that the company will post earnings of $1.61 per share for the quarter, up from their previous forecast of $1.58. The consensus estimate for PACCAR’s current full-year earnings is $7.57 per share. Zacks Research also issued estimates for PACCAR’s Q3 2026 earnings at $1.78 EPS, Q4 2026 earnings at $1.78 EPS, FY2026 earnings at $6.64 EPS, Q1 2027 earnings at $1.62 EPS, Q2 2027 earnings at $1.63 EPS and FY2027 earnings at $6.71 EPS.

PACCAR (NASDAQ:PCAR) last announced its quarterly earnings data on Tuesday, April 29th. The company reported $1.46 EPS for the quarter, missing analysts’ consensus estimates of $1.58 by ($0.12). The company had revenue of $6.91 billion for the quarter, compared to analyst estimates of $7.13 billion. PACCAR had a return on equity of 20.79% and a net margin of 10.73%. The business’s quarterly revenue was down 16.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.27 earnings per share.

Several other research firms have also recently issued reports on PCAR. Wall Street Zen cut PACCAR from a “hold” rating to a “sell” rating in a research report on Sunday, July 13th. Morgan Stanley lowered PACCAR from an “overweight” rating to an “equal weight” rating and set a $96.00 price target on the stock. in a research note on Wednesday, April 16th. JPMorgan Chase & Co. lowered PACCAR from an “overweight” rating to a “neutral” rating and reduced their price target for the stock from $105.00 to $90.00 in a research report on Wednesday, April 30th. Truist Financial dropped their price objective on PACCAR from $113.00 to $104.00 and set a “hold” rating on the stock in a report on Tuesday, April 8th. Finally, Royal Bank Of Canada reduced their price objective on PACCAR from $106.00 to $97.00 and set a “sector perform” rating for the company in a research report on Thursday, May 8th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $104.59.

PACCAR Price Performance

PCAR stock opened at $94.05 on Thursday. The company has a market capitalization of $49.37 billion, a P/E ratio of 14.25, a PEG ratio of 3.52 and a beta of 0.94. PACCAR has a twelve month low of $84.65 and a twelve month high of $118.81. The business has a 50 day simple moving average of $94.65 and a 200-day simple moving average of $98.65. The company has a current ratio of 2.35, a quick ratio of 2.19 and a debt-to-equity ratio of 0.55.

Institutional Trading of PACCAR

A number of large investors have recently bought and sold shares of the business. HB Wealth Management LLC lifted its position in PACCAR by 9.6% in the 2nd quarter. HB Wealth Management LLC now owns 52,990 shares of the company’s stock valued at $5,037,000 after acquiring an additional 4,643 shares in the last quarter. GC Wealth Management RIA LLC purchased a new stake in shares of PACCAR during the second quarter worth $298,000. Twelve Points Wealth Management LLC raised its position in shares of PACCAR by 11.5% in the second quarter. Twelve Points Wealth Management LLC now owns 16,220 shares of the company’s stock worth $1,542,000 after buying an additional 1,678 shares in the last quarter. Patton Fund Management Inc. purchased a new stake in shares of PACCAR in the second quarter worth $228,000. Finally, MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH raised its position in PACCAR by 6.2% during the second quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH now owns 844,469 shares of the company’s stock valued at $80,275,000 after purchasing an additional 49,523 shares in the last quarter. 64.90% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, Director Pierre R. Breber purchased 5,000 shares of the stock in a transaction dated Tuesday, May 6th. The stock was bought at an average cost of $89.78 per share, for a total transaction of $448,900.00. Following the completion of the acquisition, the director owned 13,015 shares of the company’s stock, valued at approximately $1,168,486.70. This represents a 62.38% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 2.02% of the stock is owned by insiders.

PACCAR Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 4th. Investors of record on Thursday, August 14th will be paid a $0.33 dividend. This represents a $1.32 annualized dividend and a dividend yield of 1.40%. The ex-dividend date of this dividend is Thursday, August 14th. PACCAR’s dividend payout ratio (DPR) is currently 20.00%.

PACCAR Company Profile

PACCAR Inc designs, manufactures, and distributes light, medium, and heavy-duty commercial trucks in the United States, Canada, Europe, Mexico, South America, Australia, and internationally. It operates through three segments: Truck, Parts, and Financial Services. The Truck segment designs, manufactures, and distributes trucks for the over-the-road and off-highway hauling of commercial and consumer goods.