PACCAR (NASDAQ:PCAR – Get Free Report) was upgraded by equities researchers at Wall Street Zen from a “sell” rating to a “hold” rating in a report released on Saturday.
Other equities research analysts also recently issued research reports about the stock. Raymond James Financial reiterated a “market perform” rating on shares of PACCAR in a research note on Tuesday, October 21st. Wolfe Research upgraded shares of PACCAR from an “underperform” rating to a “peer perform” rating in a research report on Wednesday, October 22nd. JPMorgan Chase & Co. increased their price target on shares of PACCAR from $133.00 to $142.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 14th. 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. Finally, UBS Group set a $103.00 price objective on PACCAR and gave the company a “neutral” rating in a research note on Wednesday, October 22nd. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and eleven have assigned a Hold rating to the company. Based on data from MarketBeat, PACCAR currently has a consensus rating of “Hold” and an average price target of $115.92.
Read Our Latest Stock Analysis on PCAR
PACCAR Stock Down 0.3%
PACCAR (NASDAQ:PCAR – Get Free Report) last announced its quarterly earnings data on Tuesday, January 27th. The company reported $1.06 EPS for the quarter, meeting analysts’ consensus estimates of $1.06. The business had revenue of $4.61 billion during the quarter, compared to analyst estimates of $6.06 billion. PACCAR had a net margin of 8.35% and a return on equity of 13.97%. The firm’s revenue for the quarter was down 15.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.66 earnings per share. On average, equities analysts predict that PACCAR will post 7.57 EPS for the current year.
Institutional Investors Weigh In On PACCAR
Institutional investors and hedge funds have recently modified their holdings of the business. JT Stratford LLC bought a new position in PACCAR during the 2nd quarter worth about $1,301,000. Connor Clark & Lunn Investment Management Ltd. boosted its position in shares of PACCAR by 77.1% during the second quarter. Connor Clark & Lunn Investment Management Ltd. now owns 238,074 shares of the company’s stock worth $22,631,000 after buying an additional 103,664 shares during the period. Endeavor Private Wealth Inc. bought a new position in shares of PACCAR during the third quarter worth about $3,817,000. Robeco Institutional Asset Management B.V. grew its holdings in shares of PACCAR by 77.9% during the third quarter. Robeco Institutional Asset Management B.V. now owns 228,946 shares of the company’s stock worth $22,510,000 after buying an additional 100,285 shares in the last quarter. Finally, Nordea Investment Management AB raised its position in PACCAR by 8.3% in the 3rd quarter. Nordea Investment Management AB now owns 108,783 shares of the company’s stock valued at $10,770,000 after buying an additional 8,303 shares during the last quarter. 64.90% of the stock is owned by institutional investors.
Key Headlines Impacting PACCAR
Here are the key news stories impacting PACCAR this week:
- Positive Sentiment: Truist analyst says PCAR stock price is expected to rise, providing short‑term bullish analyst support that can help underpin the share price. PACCAR (NASDAQ:PCAR) Stock Price Expected to Rise, Truist Financial Analyst Says
- Positive Sentiment: PACCAR hit a new 1‑year high after an analyst upgrade — momentum from upgrades and fresh price targets can attract buyers and support near‑term strength. PACCAR (NASDAQ:PCAR) Reaches New 1-Year High Following Analyst Upgrade
- Positive Sentiment: Zacks highlights PCAR as a strong momentum stock based on style scores, which can draw momentum/institutional flows. Here’s Why Paccar (PCAR) is a Strong Momentum Stock
- Neutral Sentiment: PACCAR’s strategic push into autonomous and zero‑emission trucks under upcoming 2027 EPA rules is a long‑term growth catalyst but will require capital and time to materially boost results. PACCAR Targets Autonomous And Zero Emission Growth Under 2027 EPA Rules
- Neutral Sentiment: Analyst coverage is mixed across the broker community (Benzinga / Globe & Mail summaries), signaling divergent views that can keep volatility elevated. Expert Outlook: PACCAR Through The Eyes… Analysts Have Conflicting Sentiments on These Industrial Goods Companies
- Neutral Sentiment: Citigroup raised its price target to $125 but kept a neutral rating — a modest upside signal but not a clear buy endorsement. Citigroup PT raise (Benzinga)
- Neutral Sentiment: Comparisons and valuation pieces (Zacks/Ford vs PCAR) give alternative views for value investors but don’t change near‑term fundamentals. F or PCAR: Which Is the Better Value Stock Right Now?
- Neutral Sentiment: Seeking Alpha published the Q4 results and presentation — useful detail for investors but largely reiterates the company’s reported numbers. PACCAR Inc 2025 Q4 – Results – Earnings Call Presentation
- Negative Sentiment: Softer Q4 results and the exit of an EVP are weighing on sentiment: Q4 EPS met estimates ($1.06) but revenue missed badly (down ~15% YoY and well below consensus), and leadership turnover raises near‑term execution risk — primary reason for downward pressure. Will Softer Q4 Results and EVP Exit Change PACCAR’s (PCAR) Record-Profit, EV-Truck Narrative?
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.
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