Mirae Asset Global Investments Co. Ltd. Boosts Stake in PACCAR Inc. $PCAR

Mirae Asset Global Investments Co. Ltd. increased its stake in PACCAR Inc. (NASDAQ:PCAR) by 12.7% in the 3rd quarter, Holdings Channel reports. The fund owned 216,227 shares of the company’s stock after buying an additional 24,334 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in PACCAR were worth $21,259,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Hazlett Burt & Watson Inc. boosted its holdings in shares of 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 purchasing an additional 100 shares in the last quarter. Private Wealth Management Group LLC grew its position in PACCAR by 293.1% during the third quarter. Private Wealth Management Group LLC now owns 283 shares of the company’s stock valued at $28,000 after acquiring an additional 211 shares during the last quarter. Hantz Financial Services Inc. lifted its holdings in shares of PACCAR by 43.8% in the 2nd quarter. Hantz Financial Services Inc. now owns 440 shares of the company’s stock worth $42,000 after acquiring an additional 134 shares during the last quarter. Trust Co. of Toledo NA OH purchased a new stake in shares of PACCAR in the 2nd quarter valued at $62,000. Finally, Ameritas Advisory Services LLC bought a new position in shares of PACCAR during the 2nd quarter valued at $71,000. Institutional investors own 64.90% of the company’s stock.

Key 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

PACCAR Stock Performance

Shares of PCAR stock opened at $123.32 on Friday. The firm has a market capitalization of $64.77 billion, a price-to-earnings ratio of 27.34, a PEG ratio of 14.41 and a beta of 1.01. The stock has a fifty day moving average of $113.46 and a 200 day moving average of $103.50. 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.

PACCAR (NASDAQ:PCAR) last issued its quarterly earnings data on Tuesday, January 27th. The company reported $1.06 EPS for the quarter, hitting 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 revenue for the quarter was down 15.1% on a year-over-year basis. During the same period in the prior year, the business earned $1.66 EPS. As a group, research analysts expect that PACCAR Inc. will post 7.57 earnings per share for the current year.

PACCAR Cuts Dividend

The company also recently disclosed 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. This represents a $1.32 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Wednesday, February 11th. PACCAR’s payout ratio is presently 25.83%.

Wall Street Analyst Weigh In

Several analysts have issued reports on the stock. Weiss Ratings lowered shares of PACCAR from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Saturday, October 25th. Wells Fargo & Company set a $119.00 price target on PACCAR and gave the stock an “equal weight” rating in a research note on Friday, January 23rd. Truist Financial increased their price objective on PACCAR from $108.00 to $120.00 and gave the company a “hold” rating in a research note on Wednesday. Zacks Research upgraded shares of PACCAR from a “strong sell” rating to a “hold” rating in a report on Monday, December 8th. Finally, 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. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and eleven have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $115.92.

PACCAR 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.