PACCAR Inc. $PCAR Stock Position Lessened by Rhumbline Advisers

Rhumbline Advisers trimmed its holdings in shares of PACCAR Inc. (NASDAQ:PCAR) by 4.5% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,016,489 shares of the company’s stock after selling 48,351 shares during the period. Rhumbline Advisers owned approximately 0.19% of PACCAR worth $99,941,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. Private Wealth Management Group LLC increased its stake in PACCAR by 293.1% during the 3rd quarter. Private Wealth Management Group LLC now owns 283 shares of the company’s stock valued at $28,000 after buying an additional 211 shares during the period. Hazlett Burt & Watson Inc. boosted its holdings in shares of PACCAR by 53.8% in the second quarter. Hazlett Burt & Watson Inc. now owns 286 shares of the company’s stock valued at $28,000 after acquiring an additional 100 shares in the last quarter. AlphaQuest LLC bought a new position in shares of PACCAR in the third quarter valued at approximately $38,000. Westside Investment Management Inc. increased its stake in shares of PACCAR by 100.0% during the third quarter. Westside Investment Management Inc. now owns 432 shares of the company’s stock valued at $42,000 after acquiring an additional 216 shares during the period. Finally, Hantz Financial Services Inc. raised its holdings 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. Institutional investors and hedge funds own 64.90% of the company’s stock.

Key Stories Impacting PACCAR

Here are the key news stories impacting PACCAR this week:

• Positive Sentiment: Bank of America upgraded PACCAR to a Buy, which can attract buyers and institutional interest (buy-side validation). Article Title
• Positive Sentiment: Zacks Research raised several mid‑to‑late‑2026 and 2027 quarterly estimates and lifted FY2027 to $6.45 (from $6.39), and issued a FY2028 projection of $7.89 — signaling expectations for improving margins/earnings later in the forecast period. (Zacks remains at a “Hold” rating.)
• Neutral Sentiment: Investor/Analyst Day materials (slideshow) were published — useful for investors wanting management’s strategic outlook, product/capex plans and long‑term assumptions; these slides can influence sentiment depending on detail and guidance. Article Title
• Negative Sentiment: Zacks cut several near‑term forecasts: Q1 2027 EPS to $1.41 (from $1.55), FY2026 to $5.42 (from $5.46), and trimmed Q1/Q2 2026 quarter estimates — highlighting weaker near‑term demand or margin pressure that could weigh on results before the later recovery Zacks now models. (Zacks’ overall stance remains “Hold”.)

PACCAR Trading Up 1.9%

NASDAQ:PCAR opened at $129.48 on Thursday. The stock has a fifty day simple moving average of $117.43 and a 200 day simple moving average of $105.43. The firm has a market capitalization of $68.00 billion, a price-to-earnings ratio of 28.71, a price-to-earnings-growth ratio of 1.06 and a beta of 1.03. PACCAR Inc. has a 1-year low of $84.65 and a 1-year high of $131.88. The company has a quick ratio of 1.42, a current ratio of 1.70 and a debt-to-equity ratio of 0.56.

PACCAR (NASDAQ:PCAR) last posted its quarterly earnings data on Tuesday, January 27th. The company reported $1.06 EPS for the quarter, meeting analysts’ consensus estimates of $1.06. PACCAR had a net margin of 8.35% and a return on equity of 13.97%. The company had revenue of $4.61 billion during the quarter, compared to analyst estimates of $6.06 billion. During the same period in the prior year, the firm earned $1.66 earnings per share. The business’s quarterly revenue was down 15.1% on a year-over-year basis. Sell-side analysts forecast 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. Investors of record on Wednesday, February 11th will be paid a $0.33 dividend. The ex-dividend date of this dividend is Wednesday, February 11th. This represents a $1.32 dividend on an annualized basis and a yield of 1.0%. PACCAR’s dividend payout ratio (DPR) is currently 29.27%.

Insider Transactions at PACCAR

In other PACCAR news, CFO Brice J. Poplawski sold 2,200 shares of the business’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $123.99, for a total transaction of $272,778.00. Following the sale, the chief financial officer directly owned 903 shares of the company’s stock, valued at $111,962.97. The trade was a 70.90% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Kevin D. Baney sold 9,672 shares of the stock in a transaction dated Tuesday, February 3rd. The stock was sold at an average price of $126.53, for a total value of $1,223,798.16. Following the completion of the sale, the executive vice president directly owned 12,592 shares of the company’s stock, valued at approximately $1,593,265.76. This represents a 43.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 130,905 shares of company stock worth $16,582,144. 2.02% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of brokerages have issued reports on PCAR. Wells Fargo & Company set a $119.00 price target on PACCAR and gave the company an “equal weight” rating in a research note on Friday, January 23rd. Sanford C. Bernstein set a $138.00 target price on PACCAR and gave the company an “outperform” rating in a research note on Wednesday, January 28th. Jefferies Financial Group reiterated a “hold” rating and issued a $90.00 price target on shares of PACCAR in a research report on Tuesday, October 21st. UBS Group set a $103.00 price target on shares of PACCAR and gave the company a “neutral” rating in a report on Wednesday, October 22nd. Finally, Truist Financial lifted their price objective on shares of PACCAR from $108.00 to $120.00 and gave the stock a “hold” rating in a research note on Wednesday, January 28th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and eleven have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $116.50.

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.