PACCAR (PCAR) – Analysts’ Weekly Ratings Updates

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

• 4/11/2025 – PACCAR had its price target lowered by analysts at JPMorgan Chase & Co. from $121.00 to $105.00. They now have an “overweight” rating on the stock.
• 4/8/2025 – PACCAR had its price target lowered by analysts at Citigroup Inc. from $105.00 to $95.00. They now have a “neutral” rating on the stock.
• 4/8/2025 – PACCAR had its price target lowered by analysts at Truist Financial Co. from $113.00 to $104.00. They now have a “hold” rating on the stock.
• 4/7/2025 – PACCAR was downgraded by analysts at UBS Group AG from a “neutral” rating to a “sell” rating. They now have a $78.00 price target on the stock, down previously from $108.00.
• 3/31/2025 – PACCAR had its price target lowered by analysts at Citigroup Inc. from $112.00 to $105.00. They now have a “neutral” rating on the stock.
• 3/18/2025 – PACCAR was given a new $120.00 price target on by analysts at Melius Research.
• 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.

PACCAR Stock Performance

PACCAR stock traded up $1.70 during trading hours on Friday, hitting $90.47. The company had a trading volume of 3,357,834 shares, compared to its average volume of 2,732,916. The firm has a 50-day moving average of $101.28 and a 200 day moving average of $106.21. The company has a debt-to-equity ratio of 0.56, a current ratio of 2.54 and a quick ratio of 1.39. The firm has a market cap of $47.49 billion, a PE ratio of 11.44, a PEG ratio of 2.77 and a beta of 0.96. PACCAR Inc has a one year low of $84.96 and a one year high of $121.75.

PACCAR (NASDAQ:PCAR) last announced its earnings results on Tuesday, January 28th. The company reported $1.66 earnings per share for the quarter, missing analysts’ consensus estimates of $1.70 by ($0.04). PACCAR had a return on equity of 23.53% and a net margin of 12.36%. On average, sell-side analysts expect that PACCAR Inc will post 7.57 earnings per share for the current 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 given a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a dividend yield of 1.46%. The ex-dividend date was Wednesday, February 12th. This is a boost from PACCAR’s previous quarterly dividend of $0.30. PACCAR’s payout ratio is presently 16.69%.

Insider Activity at PACCAR

In other PACCAR news, VP Michael K. Walton sold 6,000 shares of the business’s stock in a transaction dated Wednesday, February 19th. The shares were sold at an average price of $106.13, for a total value of $636,780.00. Following the completion of the sale, the vice president now owns 951 shares of the company’s stock, valued at $100,929.63. The trade was a 86.32 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Darrin C. Siver sold 103,671 shares of the stock in a transaction that occurred on Friday, January 31st. The stock was sold at an average price of $111.56, for a total transaction of $11,565,536.76. Following the transaction, the executive vice president now owns 61,005 shares in the company, valued at approximately $6,805,717.80. The trade was a 62.95 % 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 worth $18,261,908. Corporate insiders own 2.02% of the company’s stock.

Institutional Trading of PACCAR

Institutional investors have recently modified their holdings of the stock. Norges Bank acquired a new position in PACCAR in the fourth quarter valued at about $526,922,000. Kovitz Investment Group Partners LLC increased its holdings in PACCAR by 370.5% in the 4th quarter. Kovitz Investment Group Partners LLC now owns 5,359,095 shares of the company’s stock valued at $557,453,000 after buying an additional 4,219,964 shares during the period. Wellington Management Group LLP raised its position in shares of PACCAR by 25.0% in the 4th quarter. Wellington Management Group LLP now owns 16,798,765 shares of the company’s stock valued at $1,747,408,000 after buying an additional 3,364,650 shares in the last quarter. Madison Investment Advisors LLC bought a new stake in shares of PACCAR during the 4th quarter worth approximately $254,651,000. Finally, JPMorgan Chase & Co. boosted its position in shares of PACCAR by 49.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,515,184 shares of the company’s stock worth $346,878,000 after acquiring an additional 1,164,692 shares in the last quarter. 64.90% of the stock is currently owned by institutional investors.

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.