PACCAR (NASDAQ:PCAR) Reaches New 1-Year High Following Analyst Upgrade

PACCAR Inc. (NASDAQ:PCAR) shares hit a new 52-week high during mid-day trading on Wednesday after Citigroup raised their price target on the stock from $120.00 to $125.00. Citigroup currently has a neutral rating on the stock. PACCAR traded as high as $124.68 and last traded at $123.9560, with a volume of 912075 shares changing hands. The stock had previously closed at $120.81.

Other analysts also recently issued research reports about the stock. Sanford C. Bernstein set a $138.00 price target on shares of PACCAR and gave the stock an “outperform” rating in a report on Wednesday. JPMorgan Chase & Co. raised their target price on PACCAR from $133.00 to $142.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 14th. Jefferies Financial Group reaffirmed a “hold” rating and issued a $90.00 price target on shares of PACCAR in a research note on Tuesday, October 21st. Wells Fargo & Company set a $119.00 price target on PACCAR and gave the stock an “equal weight” rating in a report on Friday, January 23rd. Finally, Zacks Research upgraded shares of PACCAR from a “strong sell” rating to a “hold” rating in a report on Monday, December 8th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and eleven have given a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $115.92.

More PACCAR News

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

Institutional Trading of PACCAR

Several hedge funds have recently made changes to their positions in PCAR. Hazlett Burt & Watson Inc. lifted its position in PACCAR by 53.8% in the second quarter. Hazlett Burt & Watson Inc. now owns 286 shares of the company’s stock valued at $28,000 after purchasing an additional 100 shares during the period. Private Wealth Management Group LLC raised its stake in shares of PACCAR by 293.1% during the 3rd quarter. Private Wealth Management Group LLC now owns 283 shares of the company’s stock worth $28,000 after buying an additional 211 shares in the last quarter. Wealth Watch Advisors INC purchased a new position in shares of PACCAR during the 3rd quarter worth approximately $32,000. Camelot Portfolios LLC acquired a new stake in shares of PACCAR in the 4th quarter valued at approximately $33,000. Finally, AlphaQuest LLC purchased a new stake in shares of PACCAR in the third quarter valued at approximately $38,000. Institutional investors and hedge funds own 64.90% of the company’s stock.

PACCAR Price Performance

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 fifty day moving average of $113.46 and a two-hundred day moving average of $103.50. 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.

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

PACCAR Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 4th. Stockholders of record on Wednesday, February 11th will be paid a dividend of $0.33 per share. The ex-dividend date of this dividend is Wednesday, February 11th. This represents a $1.32 annualized dividend and a dividend yield of 1.1%. PACCAR’s payout ratio is 25.83%.

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.