PACCAR Inc. $PCAR Shares Purchased by Bank of New York Mellon Corp

Bank of New York Mellon Corp boosted its stake in shares of PACCAR Inc. (NASDAQ:PCAR) by 0.7% in the third quarter, HoldingsChannel.com reports. The fund owned 3,256,671 shares of the company’s stock after purchasing an additional 22,941 shares during the period. Bank of New York Mellon Corp’s holdings in PACCAR were worth $320,196,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Private Wealth Management Group LLC increased its stake in shares of PACCAR by 293.1% during the third quarter. Private Wealth Management Group LLC now owns 283 shares of the company’s stock worth $28,000 after purchasing an additional 211 shares in the last quarter. Hazlett Burt & Watson Inc. raised its holdings in shares of PACCAR by 53.8% during the second quarter. Hazlett Burt & Watson Inc. now owns 286 shares of the company’s stock valued at $28,000 after acquiring an additional 100 shares during the last quarter. Hantz Financial Services Inc. lifted its position in shares of PACCAR by 43.8% in the second quarter. Hantz Financial Services Inc. now owns 440 shares of the company’s stock valued at $42,000 after acquiring an additional 134 shares in the last quarter. Trust Co. of Toledo NA OH acquired a new stake in shares of PACCAR in the second quarter worth approximately $62,000. Finally, Ameritas Advisory Services LLC acquired a new stake in shares of PACCAR in the second quarter worth approximately $71,000. 64.90% of the stock is owned by hedge funds and other institutional investors.

PACCAR Price Performance

PCAR stock opened at $123.32 on Friday. PACCAR Inc. has a 52-week low of $84.65 and a 52-week high of $125.36. The company has a quick ratio of 2.91, a current ratio of 1.70 and a debt-to-equity ratio of 0.56. The stock has a market cap of $64.77 billion, a price-to-earnings ratio of 27.34, a price-to-earnings-growth ratio of 14.41 and a beta of 1.01. The business has a fifty day moving average of $113.46 and a two-hundred day moving average of $103.50.

PACCAR (NASDAQ:PCAR) last announced its quarterly earnings results on Tuesday, January 27th. The company reported $1.06 EPS for the quarter, meeting the consensus estimate of $1.06. The business had revenue of $4.61 billion for the quarter, compared to analyst estimates of $6.06 billion. PACCAR had a return on equity of 13.97% and a net margin of 8.35%.The company’s quarterly revenue was down 15.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.66 EPS. As a group, research analysts anticipate that PACCAR Inc. will post 7.57 earnings per share for the current year.

PACCAR Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 4th. Shareholders of record on Wednesday, February 11th will be given a dividend of $0.33 per share. The ex-dividend date is Wednesday, February 11th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 1.1%. PACCAR’s dividend payout ratio (DPR) is currently 25.83%.

Key Stories Impacting PACCAR

Here are the key news stories impacting PACCAR this week:

• Positive Sentiment: PACCAR says it expects 4%–8% annual parts sales growth and cited tariff clarity that should boost margins and market share — a driver for higher-margin recurring revenue. Paccar forecasts parts sales growth
• Positive Sentiment: Industry report cites a “very strong” Class 8 truck order pace entering 2026 — supports better future truck volumes and dealer order backlog. Paccar strong Class 8 orders
• Positive Sentiment: Several analyst/market pieces highlight PCAR as a momentum and top-ranked value stock, which can attract investor interest and buying. Zacks momentum article Zacks value article
• Neutral Sentiment: Q4 EPS came in exactly at expectations ($1.06), limiting downside from an earnings miss but leaving guidance/volume questions. Zacks Q4 earnings match
• Neutral Sentiment: Analysts show mixed views: Citigroup raised its price target to $125 with a neutral rating (small upside) while coverage pieces note conflicting sentiments across industrials — keeps trading range uncertain. Citigroup price target raise Analyst conflicting sentiments
• Negative Sentiment: Revenue declined year-over-year (truck sales weakness) and Q4 revenues missed expectations — a near-term headwind for growth multiple expansion. Revenue miss coverage
• Negative Sentiment: Truist raised its target to $120 but kept a hold rating; that target is below current levels, which could check upside if more analysts follow suit. Truist price target note
• Negative Sentiment: Market commentary noted recent underperformance versus peers, highlighting risk of relative weakness if industrial demand softens. MarketWatch underperformance

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on PCAR shares. Wells Fargo & Company set a $119.00 price objective on PACCAR and gave the company an “equal weight” rating in a report on Friday, January 23rd. Morgan Stanley raised their price target on shares of PACCAR from $93.00 to $102.00 and gave the stock an “equal weight” rating in a research note on Tuesday, January 13th. Sanford C. Bernstein set a $138.00 price objective on shares of PACCAR and gave the company an “outperform” rating in a research note on Wednesday. Jefferies Financial Group reiterated a “hold” rating and issued a $90.00 price objective on shares of PACCAR in a report on Tuesday, October 21st. Finally, Citigroup boosted their target price on PACCAR from $120.00 to $125.00 and gave the stock a “neutral” rating in a report on Thursday. 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’s stock. According to MarketBeat.com, PACCAR presently has a consensus rating of “Hold” and a consensus target price of $115.92.

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.