PACCAR (NASDAQ:PCAR) Given New $120.00 Price Target at Truist Financial

PACCAR (NASDAQ:PCAR) had its price objective hoisted by analysts at Truist Financial from $108.00 to $120.00 in a note issued to investors on Wednesday,Benzinga reports. The brokerage currently has a “hold” rating on the stock. Truist Financial’s target price points to a potential downside of 2.47% from the stock’s previous close.

Other analysts have also issued research reports about the stock. Wells Fargo & Company set a $119.00 price objective on shares of PACCAR and gave the company an “equal weight” rating in a research note on Friday. Sanford C. Bernstein reiterated an “outperform” rating and issued a $125.00 price objective on shares of PACCAR in a report on Friday, December 5th. Zacks Research upgraded PACCAR from a “strong sell” rating to a “hold” rating in a research note on Monday, December 8th. Jefferies Financial Group reiterated a “hold” rating and issued a $90.00 price target on shares of PACCAR in a research note on Tuesday, October 21st. Finally, Weiss Ratings lowered PACCAR from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Saturday, October 25th. One investment 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 company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $114.42.

PACCAR Stock Up 1.8%

NASDAQ PCAR traded up $2.22 during trading hours on Wednesday, hitting $123.03. The company had a trading volume of 165,886 shares, compared to its average volume of 3,096,492. PACCAR has a fifty-two week low of $84.65 and a fifty-two week high of $124.68. The company has a market capitalization of $64.62 billion, a price-to-earnings ratio of 24.13, a P/E/G ratio of 14.44 and a beta of 1.01. The company has a debt-to-equity ratio of 0.56, a current ratio of 3.12 and a quick ratio of 2.91. The firm’s 50 day moving average is $112.41 and its 200 day moving average is $103.22.

PACCAR (NASDAQ:PCAR) last posted 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 business had revenue of $4.61 billion during the quarter, compared to analyst estimates of $6.06 billion. PACCAR had a return on equity of 16.01% and a net margin of 9.11%.The company’s revenue for the quarter was down 15.1% compared to the same quarter last year. During the same quarter last year, the firm earned $1.66 earnings per share. Sell-side analysts anticipate that PACCAR will post 7.57 earnings per share for the current fiscal year.

Institutional Trading of PACCAR

Several institutional investors have recently added to or reduced their stakes in PCAR. Universal Beteiligungs und Servicegesellschaft mbH lifted its position in shares of PACCAR by 20.3% in the 4th quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 414,576 shares of the company’s stock worth $46,057,000 after buying an additional 69,928 shares during the last quarter. Optas LLC raised its stake in PACCAR by 6.5% during the fourth quarter. Optas LLC now owns 2,601 shares of the company’s stock worth $285,000 after acquiring an additional 158 shares during the period. Highview Capital Management LLC DE bought a new position in PACCAR in the fourth quarter worth about $1,724,000. Lakeside Advisors INC. boosted its stake in PACCAR by 0.3% in the fourth quarter. Lakeside Advisors INC. now owns 34,053 shares of the company’s stock valued at $3,729,000 after acquiring an additional 92 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of PACCAR by 22.6% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 270,158 shares of the company’s stock valued at $29,585,000 after purchasing an additional 49,725 shares during the last quarter. Institutional investors own 64.90% of the company’s stock.

Trending Headlines about PACCAR

Here are the key news stories impacting PACCAR this week:

• Positive Sentiment: Management guided to 4%–8% annual parts-sales growth and said tariff clarity should help margins and market share, which supports services/aftermarket revenue resilience. Paccar forecasts parts growth
• Neutral Sentiment: Earnings per share of $1.06 matched analyst expectations, meaning there was no EPS surprise to drive a rally or crash; management hosted the Q4 call and transcripts are available for details. Earnings call transcript
• Negative Sentiment: Revenue missed materially: $4.61B reported vs. ~$6.06B consensus, a 15.1% year-over-year decline — a primary reason investors moved to sell. MarketBeat revenue report
• Negative Sentiment: EPS fell from $1.66 one year ago to $1.06 this quarter, signaling margin/volume pressure versus last year and contributing to bearish sentiment. Sales below estimates
• Negative Sentiment: Market commentary and screens highlighted PCAR’s underperformance versus peers and covered reasons for the stock drop (industry demand softness, revenue miss). Underperformance note
• Negative Sentiment: Analyst and media write-ups explain why the stock pulled back after the release — the headline EPS tie wasn’t enough to offset the revenue shortfall and weakening comparative earnings. Why Paccar stock dropped

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.