Shares of PACCAR Inc. (NASDAQ:PCAR – Get Free Report) have been given a consensus recommendation of “Hold” by the seventeen analysts that are currently covering the company, MarketBeat.com reports. Eleven research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating on the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $116.50.
A number of equities analysts recently commented on the stock. Jefferies Financial Group reaffirmed a “hold” rating and set a $90.00 price target on shares of PACCAR in a research note on Tuesday, October 21st. UBS Group set a $103.00 price objective on shares of PACCAR and gave the stock a “neutral” rating in a research note on Wednesday, October 22nd. Weiss Ratings cut PACCAR from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Saturday, October 25th. Wolfe Research raised PACCAR from an “underperform” rating to a “peer perform” rating in a research note on Wednesday, October 22nd. Finally, Raymond James Financial restated a “market perform” rating on shares of PACCAR in a report on Tuesday, October 21st.
Read Our Latest Report on PCAR
PACCAR Price Performance
PACCAR (NASDAQ:PCAR – Get Free Report) last issued its quarterly earnings results on Tuesday, January 27th. The company reported $1.06 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.06. PACCAR had a return on equity of 13.97% and a net margin of 8.35%.The company had revenue of $4.61 billion during the quarter, compared to the consensus estimate of $6.06 billion. During the same period last year, the company earned $1.66 earnings per share. PACCAR’s revenue was down 15.1% on a year-over-year basis. Equities analysts expect that PACCAR will post 7.57 EPS for the current year.
PACCAR Cuts Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 4th. Stockholders of record on Wednesday, February 11th will be issued a $0.33 dividend. The ex-dividend date is Wednesday, February 11th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 1.0%. PACCAR’s dividend payout ratio is presently 29.27%.
Insider Buying and Selling
In related news, EVP C Michael Dozier sold 79,076 shares of PACCAR stock in a transaction dated Tuesday, February 3rd. The shares were sold at an average price of $127.92, for a total transaction of $10,115,401.92. Following the completion of the sale, the executive vice president owned 34,656 shares in the company, valued at $4,433,195.52. This trade represents a 69.53% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Kevin D. Baney sold 9,672 shares of the company’s stock in a transaction dated Tuesday, February 3rd. The stock was sold at an average price of $126.53, for a total transaction of $1,223,798.16. Following the completion of the transaction, the executive vice president owned 12,592 shares in the company, valued at $1,593,265.76. This represents a 43.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 121,647 shares of company stock worth $15,381,381 over the last ninety days. 2.02% of the stock is owned by insiders.
Institutional Investors Weigh In On PACCAR
Hedge funds have recently made changes to their positions in the company. Ares Financial Consulting LLC purchased a new position in shares of PACCAR during the fourth quarter valued at $27,000. Private Wealth Management Group LLC increased its position in PACCAR by 293.1% during the 3rd quarter. Private Wealth Management Group LLC now owns 283 shares of the company’s stock valued at $28,000 after purchasing an additional 211 shares during the period. Hazlett Burt & Watson Inc. raised its holdings in shares of PACCAR by 53.8% in the 2nd quarter. Hazlett Burt & Watson Inc. now owns 286 shares of the company’s stock valued at $28,000 after purchasing an additional 100 shares in the last quarter. Camelot Portfolios LLC bought a new stake in shares of PACCAR in the 4th quarter valued at about $33,000. Finally, Wealth Watch Advisors INC purchased a new stake in shares of PACCAR in the 3rd quarter worth approximately $32,000. 64.90% of the stock is currently owned by hedge funds and other institutional investors.
PACCAR News Roundup
Here are the key news stories impacting PACCAR this week:
- Positive Sentiment: Analyst / strategic narrative: Several firms have lifted or defended coverage recently and commentary highlighting PACCAR’s push toward electrification and services growth is supporting investor sentiment. Do Wall Street analysts like PACCAR stock?
- Neutral Sentiment: Earnings & dividend: Q1 EPS matched consensus ($1.06) but revenue missed materially (~$4.61B reported vs. ~$6.06B expected). Management declared a $0.33 quarterly dividend (ex‑div Feb 11) — mixed fundamentals that provide income support but highlight demand softness. Earnings & dividend details
- Neutral Sentiment: Media scrutiny: Coverage from outlets (TipRanks, MarketBeat, InsiderTrades) is flagging clustered insider sales — that coverage can amplify volatility even if trades were pre‑planned or for diversification. TipRanks coverage
- Negative Sentiment: Large executive selling — CEO: CEO R. Preston Feight sold a total of 18,516 shares across transactions (~$122–$123.65 per share), trimming his stake ~3.65%. Insider sales by the CEO often weigh on sentiment. CEO sale report
- Negative Sentiment: Very large EVP sale: EVP C. Michael Dozier sold 79,076 shares (~$127.92 avg; ~$10.1M), cutting his holding by ~69.5% — a sizeable one‑off that many investors view as a red flag. Dozier SEC filing
- Negative Sentiment: Clustered senior selling: Other executives (EVP Kevin Baney, CFO Brice Poplawski, VP Paulo Bolgar and others) also sold notable stakes in the same window, increasing downside risk to sentiment and short‑term price action. Baney SEC filing (example)
About PACCAR
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.
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