PACCAR Inc. (NASDAQ:PCAR) announced a special dividend on Tuesday, December 5th, Fidelity reports. Investors of record on Thursday, December 14th will be given a dividend of 1.20 per share on Thursday, January 4th. This represents a yield of 1.4%. The ex-dividend date of this dividend is Wednesday, December 13th.

Shares of PACCAR (NASDAQ:PCAR) opened at $71.22 on Friday. The firm has a market cap of $24,654.91, a price-to-earnings ratio of 17.98, a P/E/G ratio of 1.68 and a beta of 1.22. The company has a current ratio of 2.56, a quick ratio of 2.40 and a debt-to-equity ratio of 0.75. PACCAR has a fifty-two week low of $61.93 and a fifty-two week high of $75.68.

PACCAR (NASDAQ:PCAR) last announced its quarterly earnings data on Tuesday, October 24th. The company reported $1.14 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.08 by $0.06. The company had revenue of $4.73 billion during the quarter, compared to analyst estimates of $4.57 billion. PACCAR had a net margin of 7.61% and a return on equity of 18.77%. The firm’s revenue for the quarter was up 19.7% compared to the same quarter last year. During the same period last year, the business earned $0.98 EPS. equities analysts anticipate that PACCAR will post 4.18 earnings per share for the current year.

Several research analysts have weighed in on the stock. BidaskClub raised shares of PACCAR from a “hold” rating to a “buy” rating in a report on Thursday. UBS set a $79.00 price objective on shares of PACCAR and gave the stock a “buy” rating in a report on Thursday, November 30th. J P Morgan Chase & Co set a $83.00 price objective on shares of PACCAR and gave the stock a “buy” rating in a report on Wednesday, November 29th. Citigroup lowered shares of PACCAR from a “buy” rating to a “neutral” rating and decreased their price objective for the stock from $81.00 to $75.00 in a report on Wednesday, November 29th. Finally, Susquehanna Bancshares assumed coverage on shares of PACCAR in a report on Wednesday, November 29th. They set a “neutral” rating and a $75.00 price objective for the company. One analyst has rated the stock with a sell rating, fourteen have given a hold rating and eleven have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $75.60.

In related news, insider Mark C. Pigott sold 98,956 shares of PACCAR stock in a transaction dated Friday, November 3rd. The shares were sold at an average price of $71.37, for a total value of $7,062,489.72. Following the sale, the insider now directly owns 2,985,401 shares in the company, valued at approximately $213,068,069.37. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, VP C Michael Dozier sold 3,618 shares of PACCAR stock in a transaction dated Monday, November 13th. The shares were sold at an average price of $69.02, for a total transaction of $249,714.36. The disclosure for this sale can be found here. Over the last quarter, insiders sold 106,598 shares of company stock worth $7,597,908. 2.64% of the stock is currently owned by insiders.

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PACCAR Company Profile

PACCAR Inc (PACCAR) is a technology company. The Company’s segments include Truck, Parts and Financial Services. The Truck segment includes the design, manufacture and distribution of light-, medium- and heavy-duty commercial trucks. The Company’s trucks are marketed under the Kenworth, Peterbilt and DAF nameplates.

Dividend History for PACCAR (NASDAQ:PCAR)

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