Truist Financial Issues Positive Forecast for PACCAR (NASDAQ:PCAR) Stock Price

PACCAR (NASDAQ:PCAR) had its price target increased by Truist Financial from $108.00 to $120.00 in a research report report published on Wednesday,Benzinga reports. Truist Financial currently has a hold rating on the stock.

Other analysts have also recently issued reports about the stock. Citigroup restated a “neutral” rating and set a $120.00 price objective (up from $113.56) on shares of PACCAR in a research note on Tuesday, January 13th. JPMorgan Chase & Co. boosted their target price on shares of PACCAR from $133.00 to $142.00 and gave the company an “overweight” rating in a research report on Wednesday, January 14th. Morgan Stanley increased their price target on PACCAR from $93.00 to $102.00 and gave the stock an “equal weight” rating in a research report on Tuesday, January 13th. Raymond James Financial reiterated a “market perform” rating on shares of PACCAR in a research note on Tuesday, October 21st. Finally, Wolfe Research upgraded PACCAR from an “underperform” rating to a “peer perform” rating in a research note on Wednesday, October 22nd. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, PACCAR presently has an average rating of “Hold” and a consensus target price of $115.50.

PACCAR Stock Up 1.9%

PACCAR stock opened at $123.06 on Wednesday. PACCAR has a fifty-two week low of $84.65 and a fifty-two week high of $125.36. The company has a market cap of $64.63 billion, a PE ratio of 24.08, a PEG ratio of 14.28 and a beta of 1.01. The company has a debt-to-equity ratio of 0.56, a quick ratio of 2.91 and a current ratio of 1.70. The business’s 50-day simple moving average is $112.94 and its two-hundred day simple moving average is $103.36.

PACCAR (NASDAQ:PCAR) last released its earnings results on Tuesday, January 27th. The company reported $1.06 EPS for the quarter, hitting analysts’ consensus estimates of $1.06. The firm had revenue of $4.61 billion during the quarter, compared to the consensus estimate of $6.06 billion. PACCAR had a return on equity of 13.97% and a net margin of 8.35%.The company’s revenue was down 15.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.66 earnings per share. Equities analysts anticipate that PACCAR will post 7.57 EPS for the current year.

PACCAR Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 4th. Stockholders of record on Wednesday, February 11th will be given a dividend of $0.33 per share. The ex-dividend date is Wednesday, February 11th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 1.1%. PACCAR’s dividend payout ratio (DPR) is 25.83%.

Hedge Funds Weigh In On PACCAR

A number of large investors have recently bought and sold shares of PCAR. Norges Bank acquired a new stake in PACCAR in the second quarter valued at approximately $472,520,000. Pacer Advisors Inc. grew its stake in PACCAR by 2,389.2% in the 3rd quarter. Pacer Advisors Inc. now owns 2,010,837 shares of the company’s stock valued at $197,705,000 after acquiring an additional 1,930,056 shares during the period. American Century Companies Inc. increased its holdings in PACCAR by 235.9% in the 3rd quarter. American Century Companies Inc. now owns 2,540,688 shares of the company’s stock worth $249,801,000 after acquiring an additional 1,784,236 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in PACCAR by 25.2% in the 2nd quarter. JPMorgan Chase & Co. now owns 5,798,439 shares of the company’s stock worth $551,211,000 after acquiring an additional 1,165,443 shares in the last quarter. Finally, Capital Research Global Investors raised its position in PACCAR by 20.3% during the third quarter. Capital Research Global Investors now owns 5,971,153 shares of the company’s stock worth $587,084,000 after acquiring an additional 1,009,134 shares during the period. Institutional investors and hedge funds own 64.90% of the company’s stock.

Key Stories Impacting PACCAR

Here are the key news stories impacting PACCAR this week:

• Positive Sentiment: Management said Class 8 truck order pace entering 2026 is “very strong,” which supports future build rates and dealer deliveries — a demand signal investors favor. Read More.
• Positive Sentiment: PACCAR guided to 4%–8% annual parts sales growth and noted tariff clarity that should boost margins and market share — recurring parts/service revenue and margin tailwinds are a structural positive. Read More.
• Positive Sentiment: Quant/value analysts highlight PACCAR as a top‑ranked value stock, which may attract bargain‑hunting and income‑oriented flows given the company’s dividend and relative valuation metrics. Read More.
• Neutral Sentiment: Analysts at Truist raised their price target to $120 (from $108) but maintained a “hold” rating — a mixed signal: higher PT but limited upside implied by the rating. Read More.
• Neutral Sentiment: Q4 EPS of $1.06 matched consensus, showing earnings per share resilience despite softer top line; that limited the negative reaction versus a bigger miss. Read More.
• Negative Sentiment: Revenue (≈$4.61B) missed expectations (≈$6.06B) and was down ~15% year‑over‑year as truck deliveries fell — a clear top‑line headwind that pressured sentiment after the print. Read More.
• Negative Sentiment: The stock underperformed peers on the initial reaction to the weaker revenue and some commentary flagged a near‑term business slowdown, which keeps near‑term investor caution elevated. Read More. Read More.

PACCAR Company Profile

PACCAR Inc is a global technology leader in the design, manufacture and customer support of light-, medium- and heavy-duty commercial vehicles. The company’s products are marketed under well-known brand names including Kenworth, Peterbilt and DAF and span vocational and long-haul applications. PACCAR’s core business includes vehicle engineering and assembly as well as the supply of components and proprietary powertrain systems designed to meet regulatory and customer performance requirements.

In addition to truck manufacturing, PACCAR operates a comprehensive aftermarket parts business, distributes used trucks and provides commercial vehicle financing and leasing through its financial services operations.