Zacks Research Forecasts PACCAR’s Q3 Earnings (NASDAQ:PCAR)

PACCAR Inc. (NASDAQ:PCAR) – Equities research analysts at Zacks Research raised their Q3 2026 earnings per share estimates for PACCAR in a research report issued on Tuesday, December 9th. Zacks Research analyst Team now anticipates that the company will earn $1.38 per share for the quarter, up from their prior forecast of $1.36. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for PACCAR’s current full-year earnings is $7.57 per share.

PACCAR (NASDAQ:PCAR) last released its quarterly earnings data on Tuesday, October 21st. The company reported $1.12 EPS for the quarter, missing the consensus estimate of $1.14 by ($0.02). PACCAR had a return on equity of 16.01% and a net margin of 9.11%.The business had revenue of $7.24 billion during the quarter, compared to the consensus estimate of $6.23 billion. During the same quarter in the previous year, the business posted $1.85 earnings per share. PACCAR’s quarterly revenue was down 20.7% compared to the same quarter last year.

PCAR has been the subject of several other reports. Truist Financial boosted their price objective on shares of PACCAR from $97.00 to $108.00 and gave the company a “hold” rating in a report on Wednesday, October 22nd. Morgan Stanley set a $90.00 target price on shares of PACCAR in a research report on Tuesday, October 21st. Weiss Ratings cut PACCAR from a “buy (b-)” rating to a “hold (c+)” rating in a report on Saturday, October 25th. Jefferies Financial Group restated a “hold” rating and issued a $90.00 price target on shares of PACCAR in a research note on Tuesday, October 21st. Finally, Wall Street Zen lowered PACCAR from a “hold” rating to a “sell” rating in a report on Saturday, October 25th. Two research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and eleven have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $109.12.

PACCAR Stock Performance

Shares of NASDAQ PCAR opened at $111.56 on Friday. The firm’s 50-day moving average price is $100.58 and its 200-day moving average price is $98.36. The company has a quick ratio of 2.91, a current ratio of 3.12 and a debt-to-equity ratio of 0.56. The company has a market cap of $58.59 billion, a PE ratio of 21.83, a PEG ratio of 15.43 and a beta of 1.01. PACCAR has a 52-week low of $84.65 and a 52-week high of $115.43.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. grew its stake in shares of PACCAR by 0.8% during the 3rd quarter. Vanguard Group Inc. now owns 63,111,444 shares of the company’s stock valued at $6,205,117,000 after acquiring an additional 485,678 shares during the period. State Street Corp raised its stake in PACCAR by 1.0% during the 2nd quarter. State Street Corp now owns 22,534,596 shares of the company’s stock worth $2,142,139,000 after acquiring an additional 218,188 shares during the period. Wellington Management Group LLP lifted its holdings in PACCAR by 20.1% during the first quarter. Wellington Management Group LLP now owns 20,177,930 shares of the company’s stock valued at $1,964,725,000 after purchasing an additional 3,379,165 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of PACCAR by 1.3% in the second quarter. Geode Capital Management LLC now owns 12,455,453 shares of the company’s stock worth $1,184,112,000 after purchasing an additional 159,632 shares during the period. Finally, Northern Trust Corp boosted its position in shares of PACCAR by 0.5% in the first quarter. Northern Trust Corp now owns 7,239,967 shares of the company’s stock worth $704,956,000 after purchasing an additional 37,609 shares during the period. Institutional investors own 64.90% of the company’s stock.

Insiders Place Their Bets

In related news, CFO Brice J. Poplawski sold 3,369 shares of PACCAR stock in a transaction on Monday, October 27th. The stock was sold at an average price of $101.15, for a total transaction of $340,774.35. Following the transaction, the chief financial officer directly owned 468 shares in the company, valued at approximately $47,338.20. The trade was a 87.80% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 2.02% of the company’s stock.

PACCAR Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 4th. Investors of record on Wednesday, February 11th will be issued a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Wednesday, February 11th. PACCAR’s dividend payout ratio (DPR) is currently 25.83%.

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.