Zacks Research Estimates PACCAR’s Q1 Earnings (NASDAQ:PCAR)

PACCAR Inc. (NASDAQ:PCAR) – Investment analysts at Zacks Research reduced their Q1 2026 earnings estimates for PACCAR in a research report issued to clients and investors on Tuesday, February 10th. Zacks Research analyst Team now expects that the company will earn $1.15 per share for the quarter, down from their prior estimate of $1.32. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for PACCAR’s current full-year earnings is $7.57 per share. Zacks Research also issued estimates for PACCAR’s Q2 2026 earnings at $1.35 EPS, Q3 2026 earnings at $1.41 EPS, Q4 2026 earnings at $1.51 EPS, Q2 2027 earnings at $1.58 EPS, Q3 2027 earnings at $1.64 EPS, Q4 2027 earnings at $1.82 EPS and FY2027 earnings at $6.45 EPS.

A number of other research analysts have also issued reports on the company. Wells Fargo & Company set a $119.00 price objective on PACCAR and gave the company an “equal weight” rating in a research report on Friday, January 23rd. Citigroup raised their target price on PACCAR from $120.00 to $125.00 and gave the company a “neutral” rating in a research note on Thursday, January 29th. Sanford C. Bernstein set a $138.00 price target on shares of PACCAR and gave the stock an “outperform” rating in a research report on Wednesday, January 28th. Jefferies Financial Group reiterated a “hold” rating and issued a $90.00 price objective on shares of PACCAR in a research report on Tuesday, October 21st. Finally, Wolfe Research upgraded shares of PACCAR from an “underperform” rating to a “peer perform” rating in a research report on Wednesday, October 22nd. 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 data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $116.50.

PACCAR Stock Down 3.6%

NASDAQ:PCAR opened at $124.84 on Wednesday. The firm has a market capitalization of $65.57 billion, a PE ratio of 27.68, a price-to-earnings-growth ratio of 1.09 and a beta of 1.03. The stock has a 50 day moving average of $117.76 and a 200-day moving average of $105.57. PACCAR has a 52 week low of $84.65 and a 52 week high of $131.88. The company has a current ratio of 1.70, a quick ratio of 1.42 and a debt-to-equity ratio of 0.56.

PACCAR (NASDAQ:PCAR) last posted 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 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 company’s quarterly revenue was down 15.1% on a year-over-year basis. During the same period in the previous year, the business posted $1.66 EPS.

Hedge Funds Weigh In On PACCAR

Several large investors have recently made changes to their positions in the business. JT Stratford LLC acquired a new stake in PACCAR during the 2nd quarter worth about $1,301,000. National Pension Service boosted its holdings in shares of PACCAR by 5.5% in the third quarter. National Pension Service now owns 939,146 shares of the company’s stock worth $92,337,000 after buying an additional 48,711 shares during the period. Connor Clark & Lunn Investment Management Ltd. increased its position in shares of PACCAR by 77.1% in the second quarter. Connor Clark & Lunn Investment Management Ltd. now owns 238,074 shares of the company’s stock worth $22,631,000 after acquiring an additional 103,664 shares in the last quarter. AE Wealth Management LLC raised its holdings in shares of PACCAR by 29.1% during the third quarter. AE Wealth Management LLC now owns 39,594 shares of the company’s stock valued at $3,893,000 after acquiring an additional 8,932 shares during the period. Finally, Endeavor Private Wealth Inc. acquired a new stake in shares of PACCAR during the third quarter valued at approximately $3,817,000. Institutional investors own 64.90% of the company’s stock.

Insider Activity at PACCAR

In other news, CEO R Preston Feight sold 9,258 shares of the business’s stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $129.70, for a total value of $1,200,762.60. Following the sale, the chief executive officer owned 258,566 shares of the company’s stock, valued at approximately $33,536,010.20. The trade was a 3.46% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP C Michael Dozier sold 79,076 shares of the company’s stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $127.92, for a total value of $10,115,401.92. Following the completion of the sale, the executive vice president owned 34,656 shares of the company’s stock, valued at approximately $4,433,195.52. This trade represents a 69.53% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 133,105 shares of company stock worth $16,869,046 in the last quarter. Company insiders own 2.02% of the company’s stock.

PACCAR Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 4th. Shareholders of record on Wednesday, February 11th will be paid a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Wednesday, February 11th. PACCAR’s dividend payout ratio (DPR) is presently 29.27%.

PACCAR News Summary

Here are the key news stories impacting PACCAR this week:

• Positive Sentiment: Bank of America initiated/maintained a buy on PCAR, a bullish endorsement that can support investor appetite and offset some negative headlines. Paccar (PCAR) Receives a Buy from Bank of America Securities
• Positive Sentiment: Zacks Research raised several mid-to-late 2026 and 2027 quarterly EPS forecasts (examples: Q3/Q4 2026 and Q2–Q4 2027), signaling better-than-expected strength in those periods and offering some upside to forward earnings visibility.
• Neutral Sentiment: PACCAR posted an analyst/investor day slideshow that provides updated strategy and metrics for investors; useful for modeling but not an immediate catalyst by itself. PACCAR Inc (PCAR) Analyst/Investor Day – Slideshow
• Neutral Sentiment: Zacks keeps a “Hold” rating on PCAR and the consensus full‑year EPS remains near $7.57 — mixed analyst posture means no clear uniform buy/sell view across the Street.
• Negative Sentiment: CFO Brice J. Poplawski sold 2,200 shares at about $130.41, reducing his holdings by ~70.9%. Insider selling can be perceived negatively by the market even if for personal reasons. SEC filing: SEC Filing
• Negative Sentiment: Zacks cut several near-term estimates — notably Q1 2027 EPS to $1.41 (from $1.55) and trimmed FY2026 to $5.42 — and lowered some early‑2026 quarter forecasts. Those downgrades point to nearer‑term earnings pressure and likely explain downward stock pressure today.

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.