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

PACCAR Inc. (NASDAQ:PCAR) CEO R Preston Feight sold 9,258 shares of the company’s stock in a transaction that occurred on Friday, January 30th. The shares were sold at an average price of $122.39, for a total value of $1,133,086.62. Following the completion of the sale, the chief executive officer owned 244,433 shares of the company’s stock, valued at $29,916,154.87. This trade represents a 3.65% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

• On Monday, February 2nd, R Preston Feight sold 9,258 shares of PACCAR stock. The stock was sold at an average price of $123.65, for a total value of $1,144,751.70.

PACCAR Stock Performance

NASDAQ PCAR opened at $127.90 on Wednesday. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.42 and a current ratio of 1.70. The stock’s fifty day moving average is $114.76 and its two-hundred day moving average is $104.26. The firm has a market capitalization of $67.17 billion, a P/E ratio of 28.36, a price-to-earnings-growth ratio of 1.05 and a beta of 1.03. PACCAR Inc. has a fifty-two week low of $84.65 and a fifty-two week high of $128.42.

PACCAR (NASDAQ:PCAR) last issued its earnings results on Tuesday, January 27th. The company reported $1.06 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.06. PACCAR had a return on equity of 13.97% and a net margin of 8.35%.The business had revenue of $4.61 billion during the quarter, compared to the consensus estimate of $6.06 billion. During the same period last year, the company earned $1.66 EPS. The company’s revenue for the quarter was down 15.1% on a year-over-year basis. On average, research analysts anticipate 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 given a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a yield of 1.0%. The ex-dividend date 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: 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

Hedge Funds Weigh In On PACCAR

A number of hedge funds and other institutional investors have recently bought and sold shares of PCAR. Brighton Jones LLC increased its stake in 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 purchasing an additional 290 shares during the period. Focus Partners Wealth grew its holdings in shares of PACCAR by 15.4% in the first quarter. Focus Partners Wealth now owns 13,604 shares of the company’s stock valued at $1,324,000 after purchasing an additional 1,812 shares in the last quarter. Ameritas Advisory Services LLC purchased a new stake in PACCAR during the 2nd quarter worth approximately $71,000. KLP Kapitalforvaltning AS increased its stake in PACCAR by 6.4% during the 2nd quarter. KLP Kapitalforvaltning AS now owns 328,236 shares of the company’s stock worth $31,202,000 after buying an additional 19,600 shares during the period. Finally, Bellevue Asset Management LLC lifted its holdings in PACCAR by 10.2% during the 2nd quarter. Bellevue Asset Management LLC now owns 3,478 shares of the company’s stock worth $331,000 after buying an additional 322 shares in the last quarter. 64.90% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

PCAR has been the subject of several analyst reports. Wolfe Research raised shares of PACCAR from an “underperform” rating to a “peer perform” rating in a research note on Wednesday, October 22nd. Wells Fargo & Company set a $119.00 price objective on PACCAR and gave the company an “equal weight” rating in a report on Friday, January 23rd. UBS Group set a $103.00 target price on PACCAR and gave the stock a “neutral” rating in a research note on Wednesday, October 22nd. Zacks Research upgraded PACCAR from a “strong sell” rating to a “hold” rating in a research report on Monday, December 8th. Finally, Raymond James Financial reaffirmed a “market perform” rating on shares of PACCAR in a research note on Tuesday, October 21st. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and eleven have given a Hold rating to the company. Based on data from MarketBeat, the company presently 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.