FY2026 Earnings Forecast for PACCAR Issued By Zacks Research

PACCAR Inc. (NASDAQ:PCAR) – Equities research analysts at Zacks Research decreased their FY2026 EPS estimates for PACCAR in a research note issued on Tuesday, February 10th. Zacks Research analyst Team now expects that the company will post earnings per share of $5.42 for the year, down from their prior estimate of $5.46. 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 Q1 2027 earnings at $1.41 EPS and FY2028 earnings at $7.89 EPS.

Several other research firms have also commented on PCAR. Morgan Stanley set a $109.00 price objective on shares of PACCAR and gave the company an “equal weight” rating in a research note on Tuesday, February 3rd. JPMorgan Chase & Co. increased their price target on PACCAR from $133.00 to $142.00 and gave the company an “overweight” rating in a research report on Wednesday, January 14th. Wells Fargo & Company set a $119.00 price objective on PACCAR and gave the stock an “equal weight” rating in a research report on Friday, January 23rd. Truist Financial upped their price objective on PACCAR from $108.00 to $120.00 and gave the company a “hold” rating in a research note on Wednesday, January 28th. Finally, Citigroup raised their target price on PACCAR from $120.00 to $125.00 and gave the company a “neutral” rating in a research report on Thursday, January 29th. One research 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 stock. According to MarketBeat.com, PACCAR presently has an average rating of “Hold” and an average price target of $116.50.

PACCAR Stock Up 1.9%

PCAR opened at $129.48 on Thursday. PACCAR has a fifty-two week low of $84.65 and a fifty-two week high of $131.88. The firm has a market capitalization of $68.00 billion, a P/E ratio of 28.71, a PEG ratio of 1.06 and a beta of 1.03. The company’s 50-day moving average is $117.43 and its 200 day moving average is $105.43. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.70 and a quick ratio of 1.42.

PACCAR (NASDAQ:PCAR) last posted its earnings results on Tuesday, January 27th. The company reported $1.06 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.06. The company had revenue of $4.61 billion for the quarter, compared to analyst estimates of $6.06 billion. PACCAR had a return on equity of 13.97% and a net margin of 8.35%.The company’s revenue for the quarter was down 15.1% on a year-over-year basis. During the same quarter last year, the company earned $1.66 earnings per share.

Institutional Investors Weigh In On PACCAR

A number of institutional investors and hedge funds have recently bought and sold shares of PCAR. JT Stratford LLC bought a new stake in shares of PACCAR during the second quarter valued at approximately $1,301,000. Connor Clark & Lunn Investment Management Ltd. grew its position in shares of PACCAR by 77.1% in the 2nd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 238,074 shares of the company’s stock worth $22,631,000 after buying an additional 103,664 shares during the period. National Pension Service increased its stake in shares of PACCAR by 5.5% in the 3rd quarter. National Pension Service now owns 939,146 shares of the company’s stock worth $92,337,000 after acquiring an additional 48,711 shares in the last quarter. AE Wealth Management LLC lifted its position in PACCAR by 29.1% during the 3rd 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. bought a new stake in PACCAR during the third quarter worth about $3,817,000. 64.90% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other PACCAR news, CEO R Preston Feight sold 9,258 shares of the firm’s stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $129.70, for a total value of $1,200,762.60. Following the completion of the transaction, the chief executive officer directly owned 258,566 shares of the company’s stock, valued at $33,536,010.20. This trade represents a 3.46% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, 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 transaction, the chief financial officer owned 903 shares of the company’s stock, valued at $111,962.97. This trade represents a 70.90% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 130,905 shares of company stock worth $16,582,144. Company insiders own 2.02% of the company’s stock.

PACCAR Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 4th. Investors 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 of this dividend is Wednesday, February 11th. PACCAR’s dividend payout ratio is 29.27%.

More PACCAR News

Here are the key news stories impacting PACCAR this week:

• Positive Sentiment: Zacks bumped multiple 2026–2027 quarterly and full‑year EPS estimates (notably Q2–Q4 2027 and FY2027 to $6.45), implying a modestly stronger medium‑term profit outlook that supports higher valuation.
• Positive Sentiment: Bank of America Securities initiated a Buy on PACCAR, providing a fresh institutional endorsement that can attract demand into the stock. Paccar (PCAR) Receives a Buy from Bank of America Securities
• Neutral Sentiment: PACCAR posted investor‑day materials/slides (informational for modelers and a source of management guidance). Review the slides for details on margin, production plans and EV/technology cadence. PACCAR Inc (PCAR) Analyst/Investor Day – Slideshow
• Neutral Sentiment: Zacks retains a “Hold” rating on PCAR despite the estimate changes, signaling analysts see upside as measured and not yet convincing enough to lift their rating.
• Negative Sentiment: Zacks materially cut near‑term Q1 2026 EPS (from $1.32 to $1.15) and slightly trimmed Q2 2026 — a sign of short‑term softness in the forecast that could pressure results if demand or margins disappoint.

PACCAR Company 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.