Machina Capital S.A.S. Purchases Shares of 22,693 PACCAR Inc. $PCAR

Machina Capital S.A.S. bought a new position in shares of PACCAR Inc. (NASDAQ:PCAR) during the 3rd quarter, HoldingsChannel.com reports. The fund bought 22,693 shares of the company’s stock, valued at approximately $2,231,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Hazlett Burt & Watson Inc. increased its holdings in PACCAR by 53.8% in the 2nd quarter. Hazlett Burt & Watson Inc. now owns 286 shares of the company’s stock worth $28,000 after buying an additional 100 shares during the period. Private Wealth Management Group LLC boosted its holdings in 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 buying an additional 211 shares in the last quarter. AlphaQuest LLC purchased a new stake in shares of PACCAR during the 3rd quarter worth about $38,000. Hantz Financial Services Inc. boosted its position in PACCAR by 43.8% during the second quarter. Hantz Financial Services Inc. now owns 440 shares of the company’s stock worth $42,000 after purchasing an additional 134 shares in the last quarter. Finally, Westside Investment Management Inc. lifted its position in shares of PACCAR by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 432 shares of the company’s stock valued at $42,000 after buying an additional 216 shares in the last quarter. Hedge funds and other institutional investors own 64.90% of the company’s stock.

PACCAR Stock Performance

NASDAQ:PCAR opened at $127.90 on Wednesday. PACCAR Inc. has a 52 week low of $84.65 and a 52 week high of $128.42. The company has a fifty day simple moving average of $114.76 and a two-hundred day simple moving average of $104.26. The company has a quick ratio of 1.42, a current ratio of 1.70 and a debt-to-equity ratio of 0.56. The company has a market cap of $67.17 billion, a price-to-earnings ratio of 28.36, a price-to-earnings-growth ratio of 1.05 and a beta of 1.03.

PACCAR (NASDAQ:PCAR) last released its quarterly earnings data on Tuesday, January 27th. The company reported $1.06 earnings per share (EPS) for the quarter, hitting the consensus estimate 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 during the quarter, compared to analysts’ expectations of $6.06 billion. During the same period in the previous year, the company earned $1.66 EPS. The company’s revenue for the quarter was down 15.1% on a year-over-year basis. As a group, equities analysts anticipate that PACCAR Inc. will post 7.57 earnings per share for the current fiscal year.

PACCAR Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 4th. Investors of record on Wednesday, February 11th will be given a $0.33 dividend. This represents a $1.32 annualized dividend and a yield of 1.0%. The ex-dividend date is Wednesday, February 11th. PACCAR’s payout ratio is 29.27%.

More PACCAR News

Here are the key news stories impacting PACCAR this week:

• Positive Sentiment: Analyst/market support: a handful of recent analyst moves (upgrades from underperform/“sell” to neutral/hold by some firms) and coverage noting PACCAR’s transition toward electrification are helping sentiment. Analyst coverage & company outlook
• Neutral Sentiment: Earnings and dividend snapshot: Q1 EPS matched consensus ($1.06) but revenue missed materially (reported ~$4.61B vs. ~$6.06B expected); the company also announced a $0.33 quarterly dividend (ex‑div Feb 11). These are mixed fundamentals: EPS stability and a payout are supportive, while the revenue decline is a concern. Earnings & dividend details
• Negative Sentiment: Large CEO sales: CEO R. Preston Feight sold a total of 18,516 shares across transactions on Jan. 30 and Feb. 2 (sales at ~$122–$123.65), trimming his stake by ~3.65%; SEC filing here. CEO sale SEC filing
• Negative Sentiment: Very large EVP sale: EVP C. Michael Dozier sold 79,076 shares on Feb. 3 (~$10.1M at ~$127.92), cutting his position by ~69.5% — a notable red flag for many investors. SEC filing here. Dozier sale SEC filing
• Negative Sentiment: Other senior sales: EVP Kevin D. Baney sold 9,672 shares (Feb. 3) — a ~43% reduction of his holding. VP Paulo Henrique Bolgar sold 12,183 shares (Jan. 30) and CFO Brice Poplawski sold 2,200 shares (Feb. 2), with the CFO’s stake falling sharply. These clustered, senior‑level sales increase downside risk to sentiment. Baney sale SEC filing Bolgar sale SEC filing CFO sale SEC filing
• Neutral Sentiment: Media coverage: outlets (TipRanks/InsiderTrades/MarketBeat) are flagging the cluster of insider sales — increased scrutiny may amplify volatility even if filings show routine/planned transactions. TipRanks coverage

Analyst Ratings Changes

PCAR has been the topic of a number of research reports. Sanford C. Bernstein set a $138.00 price objective on PACCAR and gave the company an “outperform” rating in a report on Wednesday, January 28th. Citigroup increased their price target on PACCAR from $120.00 to $125.00 and gave the company a “neutral” rating in a report on Thursday, January 29th. Wells Fargo & Company set a $119.00 price objective on PACCAR and gave the stock an “equal weight” rating in a research note on Friday, January 23rd. UBS Group set a $103.00 price target on PACCAR and gave the stock a “neutral” rating in a report on Wednesday, October 22nd. Finally, Truist Financial upped their price objective on shares of PACCAR from $108.00 to $120.00 and gave the company a “hold” rating in a report on Wednesday, January 28th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and eleven have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $116.50.

Insider Activity

In other news, CFO Brice J. Poplawski sold 2,200 shares of the firm’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $123.99, for a total value of $272,778.00. Following the completion of the sale, the chief financial officer directly owned 903 shares of the company’s stock, valued at $111,962.97. This trade represents a 70.90% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO R Preston Feight sold 9,258 shares of the company’s stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $123.65, for a total transaction of $1,144,751.70. Following the transaction, the chief executive officer directly owned 244,433 shares in the company, valued at approximately $30,224,140.45. This trade represents a 3.65% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 121,647 shares of company stock worth $15,381,381 over the last quarter. 2.02% of the stock is owned by insiders.

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.