PACCAR (NASDAQ:PCAR) CEO R Preston Feight Sells 9,258 Shares

PACCAR Inc. (NASDAQ:PCAR) CEO R Preston Feight sold 9,258 shares of PACCAR stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $123.65, for a total value 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. The trade was a 3.65% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

R Preston Feight also recently made the following trade(s):

• On Friday, January 30th, R Preston Feight sold 9,258 shares of PACCAR stock. The shares were sold at an average price of $122.39, for a total value of $1,133,086.62.

PACCAR Stock Up 2.6%

Shares of PCAR traded up $3.29 during mid-day trading on Tuesday, reaching $127.90. The company’s stock had a trading volume of 4,138,052 shares, compared to its average volume of 3,120,886. PACCAR Inc. has a 1 year low of $84.65 and a 1 year high of $128.42. 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. 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 business has a fifty day moving average of $114.76 and a 200 day moving average of $104.26.

PACCAR (NASDAQ:PCAR) last issued its earnings results on Tuesday, January 27th. The company reported $1.06 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.06. The company 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 quarter last year, the business posted $1.66 EPS. As a group, analysts forecast that PACCAR Inc. will post 7.57 earnings per share for the current fiscal year.

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 issued a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date is Wednesday, February 11th. PACCAR’s dividend payout ratio is 29.27%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Brighton Jones LLC raised its holdings in shares of PACCAR by 0.3% during the fourth quarter. Brighton Jones LLC now owns 89,001 shares of the company’s stock worth $9,258,000 after acquiring an additional 290 shares during the period. Focus Partners Wealth increased its position in shares of PACCAR by 15.4% during the 1st quarter. Focus Partners Wealth now owns 13,604 shares of the company’s stock worth $1,324,000 after purchasing an additional 1,812 shares during the last quarter. Ameritas Advisory Services LLC bought a new stake in PACCAR during the second quarter worth $71,000. KLP Kapitalforvaltning AS raised its holdings in shares of PACCAR by 6.4% in the 2nd quarter. KLP Kapitalforvaltning AS now owns 328,236 shares of the company’s stock valued at $31,202,000 after purchasing an additional 19,600 shares during the period. Finally, Bellevue Asset Management LLC lifted its position in shares of PACCAR by 10.2% in the second quarter. Bellevue Asset Management LLC now owns 3,478 shares of the company’s stock valued at $331,000 after buying an additional 322 shares during the last quarter. Institutional investors and hedge funds own 64.90% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have commented on PCAR. Truist Financial upped their price target on PACCAR from $108.00 to $120.00 and gave the company a “hold” rating in a report on Wednesday, January 28th. Citigroup boosted their price objective on PACCAR from $120.00 to $125.00 and gave the stock a “neutral” rating in a research note on Thursday, January 29th. Wall Street Zen upgraded shares of PACCAR from a “sell” rating to a “hold” rating in a research report on Saturday. Wolfe Research upgraded shares of PACCAR from an “underperform” rating to a “peer perform” rating in a research report on Wednesday, October 22nd. Finally, Raymond James Financial reissued a “market perform” rating on shares of PACCAR in a report on Tuesday, October 21st. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and eleven have issued a Hold rating to the stock. According to data from MarketBeat.com, PACCAR presently has a consensus rating of “Hold” and a consensus target price of $116.50.

Key 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

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.