FY2026 Earnings Estimate for PACCAR Issued By Zacks Research

PACCAR Inc. (NASDAQ:PCAR) – Investment analysts at Zacks Research dropped their FY2026 earnings per share (EPS) estimates for shares of PACCAR in a research report issued to clients and investors on Thursday, March 12th. Zacks Research analyst Team now expects that the company will post earnings per share of $5.41 for the year, down from their previous estimate of $5.42. 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. Zacks Research also issued estimates for PACCAR’s FY2028 earnings at $7.51 EPS.

A number of other equities research analysts also recently weighed in on the stock. Sanford C. Bernstein restated an “outperform” rating on shares of PACCAR in a research note on Tuesday, February 24th. Wall Street Zen upgraded shares of PACCAR from a “sell” rating to a “hold” rating in a research report on Saturday, January 31st. Citigroup increased their price objective on shares of PACCAR from $120.00 to $125.00 and gave the company a “neutral” rating in a research note on Thursday, January 29th. Truist Financial boosted their target price on shares of PACCAR from $108.00 to $120.00 and gave the stock a “hold” rating in a research note on Wednesday, January 28th. Finally, Morgan Stanley set a $109.00 price target on shares of PACCAR and gave the stock an “equal weight” rating in a report on Tuesday, February 3rd. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and eleven have given a Hold rating to the company. Based on data from MarketBeat, PACCAR presently has a consensus rating of “Hold” and an average price target of $116.50.

PACCAR Stock Down 1.3%

Shares of NASDAQ PCAR opened at $115.34 on Friday. The company has a current ratio of 2.98, a quick ratio of 2.79 and a debt-to-equity ratio of 0.55. The company has a market cap of $60.66 billion, a price-to-earnings ratio of 25.57, a PEG ratio of 0.98 and a beta of 1.03. PACCAR has a 12 month low of $84.65 and a 12 month high of $131.88. The stock has a 50-day moving average price of $122.79 and a two-hundred day moving average price of $109.18.

PACCAR (NASDAQ:PCAR) last announced its quarterly earnings data on Tuesday, January 27th. The company reported $1.06 earnings per share for the quarter, hitting the consensus estimate of $1.06. The business had revenue of $6.82 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%.PACCAR’s revenue for the quarter was down 15.1% on a year-over-year basis. During the same period in the prior year, the company earned $1.66 EPS.

Insiders Place Their Bets

In other PACCAR news, CEO R Preston Feight sold 9,258 shares of the company’s stock in a transaction that occurred on Wednesday, February 4th. The shares were sold at an average price of $129.70, for a total value of $1,200,762.60. Following the completion of the transaction, the chief executive officer directly owned 258,566 shares in the company, valued at approximately $33,536,010.20. This represents a 3.46% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Kevin D. Baney sold 9,672 shares of the firm’s stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $126.53, for a total transaction of $1,223,798.16. Following the transaction, the executive vice president directly owned 12,592 shares of the company’s stock, valued at $1,593,265.76. The trade was a 43.44% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 133,105 shares of company stock worth $16,869,046 over the last quarter. 2.02% of the stock is currently owned by corporate insiders.

Institutional Trading of PACCAR

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Brighton Jones LLC lifted its holdings in PACCAR by 0.3% during the 4th quarter. Brighton Jones LLC now owns 89,001 shares of the company’s stock worth $9,258,000 after buying an additional 290 shares during the period. Focus Partners Wealth increased its stake in shares of PACCAR by 15.4% in the first quarter. Focus Partners Wealth now owns 13,604 shares of the company’s stock valued at $1,324,000 after buying an additional 1,812 shares during the period. Savant Capital LLC raised its position in shares of PACCAR by 7.4% during the second quarter. Savant Capital LLC now owns 13,743 shares of the company’s stock worth $1,306,000 after acquiring an additional 945 shares during the last quarter. Penserra Capital Management LLC lifted its stake in shares of PACCAR by 12.2% in the second quarter. Penserra Capital Management LLC now owns 2,851 shares of the company’s stock worth $270,000 after acquiring an additional 309 shares during the period. Finally, Fox Run Management L.L.C. acquired a new position in shares of PACCAR in the second quarter worth approximately $287,000. 64.90% of the stock is currently owned by institutional investors and hedge funds.

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.