PACCAR (PCAR) – Investment Analysts’ Recent Ratings Updates

A number of firms have modified their ratings and price targets on shares of PACCAR (NASDAQ: PCAR) recently:

• 3/18/2025 – PACCAR was upgraded by analysts at Melius Research to a “strong-buy” rating.
• 3/18/2025 – PACCAR had its price target lowered by analysts at JPMorgan Chase & Co. from $132.00 to $121.00. They now have an “overweight” rating on the stock.
• 3/18/2025 – PACCAR was downgraded by analysts at UBS Group AG from a “buy” rating to a “neutral” rating. They now have a $108.00 price target on the stock, down previously from $124.00.
• 3/18/2025 – PACCAR was upgraded by analysts at Melius from a “hold” rating to a “buy” rating.
• 2/19/2025 – PACCAR had its price target lowered by analysts at Evercore ISI from $129.00 to $127.00. They now have an “outperform” rating on the stock.
• 2/3/2025 – PACCAR had its price target raised by analysts at JPMorgan Chase & Co. from $125.00 to $132.00. They now have an “overweight” rating on the stock.
• 1/29/2025 – PACCAR had its price target raised by analysts at Truist Financial Co. from $112.00 to $113.00. They now have a “hold” rating on the stock.

PACCAR Price Performance

Shares of PCAR traded up $1.59 during mid-day trading on Monday, hitting $98.70. 485,123 shares of the company were exchanged, compared to its average volume of 2,674,305. The stock has a market cap of $51.80 billion, a price-to-earnings ratio of 12.48, a price-to-earnings-growth ratio of 2.77 and a beta of 0.91. PACCAR Inc has a 1-year low of $90.04 and a 1-year high of $125.50. The company has a 50 day moving average of $106.29 and a 200-day moving average of $106.56. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.39 and a current ratio of 2.54.

PACCAR (NASDAQ:PCAR) last released its earnings results on Tuesday, January 28th. The company reported $1.66 earnings per share for the quarter, missing the consensus estimate of $1.70 by ($0.04). PACCAR had a net margin of 12.36% and a return on equity of 23.53%. Analysts expect that PACCAR Inc will post 7.57 EPS for the current fiscal year.

PACCAR Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 5th. Stockholders of record on Wednesday, February 12th were issued a dividend of $0.33 per share. This is a positive change from PACCAR’s previous quarterly dividend of $0.30. The ex-dividend date was Wednesday, February 12th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 1.34%. PACCAR’s dividend payout ratio is presently 16.69%.

Insider Transactions at PACCAR

In other PACCAR news, VP Todd R. Hubbard sold 2,000 shares of the company’s stock in a transaction on Friday, January 31st. The stock was sold at an average price of $112.05, for a total value of $224,100.00. Following the completion of the sale, the vice president now directly owns 5,463 shares in the company, valued at $612,129.15. This represents a 26.80 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Michael K. Walton sold 6,000 shares of PACCAR stock in a transaction on Wednesday, February 19th. The stock was sold at an average price of $106.13, for a total value of $636,780.00. Following the transaction, the vice president now owns 951 shares in the company, valued at approximately $100,929.63. This represents a 86.32 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 165,547 shares of company stock valued at $18,261,908. Corporate insiders own 2.02% of the company’s stock.

Hedge Funds Weigh In On PACCAR

Several institutional investors and hedge funds have recently bought and sold shares of the company. Wellington Management Group LLP lifted its holdings in PACCAR by 25.0% in the fourth quarter. Wellington Management Group LLP now owns 16,798,765 shares of the company’s stock valued at $1,747,408,000 after acquiring an additional 3,364,650 shares during the last quarter. Geode Capital Management LLC lifted its position in PACCAR by 3.1% in the fourth quarter. Geode Capital Management LLC now owns 12,242,288 shares of the company’s stock valued at $1,275,269,000 after buying an additional 362,637 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its holdings in shares of PACCAR by 5.6% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 10,767,134 shares of the company’s stock worth $1,119,997,000 after acquiring an additional 572,231 shares during the last quarter. FMR LLC increased its holdings in PACCAR by 1.9% in the 4th quarter. FMR LLC now owns 8,791,660 shares of the company’s stock valued at $914,509,000 after purchasing an additional 167,165 shares during the last quarter. Finally, Northern Trust Corp increased its holdings in PACCAR by 8.5% in the 4th quarter. Northern Trust Corp now owns 7,202,358 shares of the company’s stock valued at $749,189,000 after purchasing an additional 565,967 shares during the last quarter. 64.90% of the stock is currently owned by institutional investors and hedge funds.

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.