FY2026 EPS Estimates for PACCAR Reduced by Zacks Research

PACCAR Inc. (NASDAQ:PCAR) – Equities researchers at Zacks Research dropped their FY2026 EPS estimates for PACCAR in a note issued to 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 forecast of $5.42. Zacks Research 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.

PCAR has been the topic of several other reports. Wall Street Zen upgraded PACCAR from a “sell” rating to a “hold” rating in a report on Saturday, January 31st. Sanford C. Bernstein reissued an “outperform” rating on shares of PACCAR in a research note on Tuesday, February 24th. JPMorgan Chase & Co. raised their target price on shares of PACCAR from $133.00 to $142.00 and gave the company an “overweight” rating in a research note on Wednesday, January 14th. Citigroup lifted their price target on PACCAR from $120.00 to $125.00 and gave the stock a “neutral” rating in a report on Thursday, January 29th. Finally, Truist Financial raised their target price on shares of PACCAR from $108.00 to $120.00 and gave the company a “hold” rating in a research note on Wednesday, January 28th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and eleven have assigned a Hold rating to the stock. According to MarketBeat, PACCAR currently has an average rating of “Hold” and an average price target of $116.50.

PACCAR Stock Performance

NASDAQ:PCAR opened at $116.82 on Friday. The firm has a 50 day moving average of $122.71 and a 200-day moving average of $109.08. The stock has a market capitalization of $61.43 billion, a P/E ratio of 25.90, a price-to-earnings-growth ratio of 0.99 and a beta of 1.03. PACCAR has a 1 year low of $84.65 and a 1 year high of $131.88. The company has a current ratio of 2.98, a quick ratio of 2.79 and a debt-to-equity ratio of 0.55.

PACCAR (NASDAQ:PCAR) last issued its quarterly earnings data on Tuesday, January 27th. The company reported $1.06 earnings per share for the quarter, meeting the consensus estimate of $1.06. The business had revenue of $6.82 billion for the quarter, compared to analysts’ expectations of $6.06 billion. PACCAR had a return on equity of 13.97% and a net margin of 8.35%.The business’s revenue was down 15.1% on a year-over-year basis. During the same period last year, the business earned $1.66 EPS.

Hedge Funds Weigh In On PACCAR

Hedge funds have recently added to or reduced their stakes in the company. Brighton Jones LLC grew its stake in shares of PACCAR by 0.3% during the fourth quarter. Brighton Jones LLC now owns 89,001 shares of the company’s stock valued at $9,258,000 after purchasing an additional 290 shares during the last quarter. Focus Partners Wealth lifted its position in shares of PACCAR by 15.4% during 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 last quarter. Savant Capital LLC increased its holdings in shares of PACCAR by 7.4% in the second quarter. Savant Capital LLC now owns 13,743 shares of the company’s stock valued at $1,306,000 after purchasing an additional 945 shares during the period. Penserra Capital Management LLC increased its position 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 in the last quarter. Finally, Fox Run Management L.L.C. bought a new stake in shares of PACCAR in the second quarter valued at about $287,000. 64.90% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CFO Brice J. Poplawski sold 2,200 shares of the stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $130.41, for a total transaction of $286,902.00. Following the completion of the sale, the chief financial officer directly owned 903 shares of the company’s stock, valued at approximately $117,760.23. This trade represents a 70.90% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP Paulo Henrique Bolgar sold 12,183 shares of the business’s stock in a transaction that occurred on Friday, January 30th. The stock was sold at an average price of $122.43, for a total value of $1,491,564.69. Following the transaction, the vice president owned 6,274 shares in the company, valued at approximately $768,125.82. This represents a 66.01% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 133,105 shares of company stock worth $16,869,046 over the last quarter. Company insiders own 2.02% of the company’s stock.

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.