Wealthfront Advisers LLC Increases Position in PACCAR Inc. $PCAR

Wealthfront Advisers LLC grew its holdings in shares of PACCAR Inc. (NASDAQ:PCAR) by 15.7% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 108,578 shares of the company’s stock after buying an additional 14,760 shares during the period. Wealthfront Advisers LLC’s holdings in PACCAR were worth $11,890,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Ares Financial Consulting LLC purchased a new position in PACCAR during the 4th quarter valued at $27,000. Camelot Portfolios LLC bought a new position in PACCAR in the 4th quarter valued at $33,000. Wealth Watch Advisors INC purchased a new stake in PACCAR in the third quarter worth $32,000. True Wealth Design LLC lifted its position in shares of PACCAR by 61.1% during the fourth quarter. True Wealth Design LLC now owns 364 shares of the company’s stock worth $40,000 after purchasing an additional 138 shares during the last quarter. Finally, AlphaQuest LLC bought a new stake in shares of PACCAR during the third quarter worth $38,000. 64.90% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on PCAR. Sanford C. Bernstein restated an “outperform” rating on shares of PACCAR in a report on Tuesday, February 24th. Wells Fargo & Company set a $125.00 target price on shares of PACCAR in a research note on Wednesday. Citigroup raised their target price on shares of PACCAR from $125.00 to $130.00 and gave the stock a “neutral” rating in a research report on Monday, April 13th. JPMorgan Chase & Co. lifted their price target on shares of PACCAR from $133.00 to $142.00 and gave the company an “overweight” rating in a research note on Wednesday, January 14th. Finally, Morgan Stanley set a $109.00 price target on PACCAR and gave the company an “equal weight” rating in a report on Tuesday, February 3rd. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and twelve have issued a Hold rating to the company. According to data from MarketBeat, PACCAR currently has an average rating of “Hold” and a consensus price target of $117.92.

PACCAR Trading Down 6.0%

Shares of NASDAQ:PCAR opened at $119.61 on Wednesday. The company has a market capitalization of $62.95 billion, a PE ratio of 26.52, a P/E/G ratio of 1.06 and a beta of 1.06. The company has a current ratio of 2.98, a quick ratio of 2.79 and a debt-to-equity ratio of 0.55. PACCAR Inc. has a 12-month low of $84.65 and a 12-month high of $131.88. The business’s fifty day simple moving average is $121.18 and its 200-day simple moving average is $114.16.

PACCAR (NASDAQ:PCAR) last issued its quarterly earnings data on Tuesday, April 28th. The company reported $1.15 earnings per share for the quarter, topping analysts’ consensus estimates of $1.13 by $0.02. PACCAR had a return on equity of 13.97% and a net margin of 8.35%.The firm had revenue of $6.23 billion during the quarter, compared to analysts’ expectations of $6.37 billion. During the same period in the prior year, the business posted $1.46 EPS. The firm’s quarterly revenue was down 9.8% on a year-over-year basis. As a group, equities research analysts predict that PACCAR Inc. will post 5.55 earnings per share for the current fiscal year.

PACCAR Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 3rd. Shareholders of record on Wednesday, May 13th will be given a dividend of $0.35 per share. The ex-dividend date of this dividend is Wednesday, May 13th. This is a positive change from PACCAR’s previous quarterly dividend of $0.33. This represents a $1.40 annualized dividend and a dividend yield of 1.2%. PACCAR’s payout ratio is currently 29.27%.

Insiders Place Their Bets

In other news, EVP C Michael Dozier sold 79,076 shares of the stock in a transaction on Tuesday, February 3rd. The stock was sold at an average price of $127.92, for a total transaction of $10,115,401.92. Following the completion of the sale, the executive vice president owned 34,656 shares in the company, valued at approximately $4,433,195.52. This represents a 69.53% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Brice J. Poplawski sold 2,200 shares of the stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $130.41, for a total value of $286,902.00. Following the completion of the sale, the chief financial officer owned 903 shares of the company’s stock, valued at approximately $117,760.23. This trade represents a 70.90% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 133,105 shares of company stock worth $16,869,046. Insiders own 1.99% of the company’s stock.

Trending Headlines about PACCAR

Here are the key news stories impacting PACCAR this week:

• Positive Sentiment: PACCAR raised its quarterly dividend to $0.35 (a 6.1% increase vs. prior $0.33), payable June 3, signaling confidence in cash flow and returning capital to shareholders. PACCAR Increases Regular Quarterly Dividend
• Positive Sentiment: Q1 EPS of $1.15 beat consensus ($1.13) and parts and financial-services margins helped offset weaker truck volumes, supporting profitability. PCAR Q1 Earnings Surpass Estimates on Higher Parts Profit
• Positive Sentiment: Management highlighted improving production backlog and said parts and services remain strong, which can support near-term revenue stability as truck demand normalizes. PACCAR Achieves Good Financial Performance
• Neutral Sentiment: Company released the earnings slide deck and call/transcript (useful for detail on mix, margins, and order trends). Earnings Call Presentation
• Negative Sentiment: Revenue missed estimates ($6.23B actual vs. ~$6.37B expected) and was down ~9.8% year-over-year, reflecting tepid demand for new trucks and industry overcapacity — this is the primary reason selling pressure emerged. PACCAR Misses Q1 Revenue Estimates
• Negative Sentiment: Major press coverage highlights shares “plunging” after the headline revenue miss and weaker truck demand commentary, amplifying short-term downside momentum. Why PACCAR shares are plunging today
• Negative Sentiment: Reuters notes tepid demand for new trucks as an industry-wide issue, suggesting revenue and volume headwinds could persist until capacity rebalances. PACCAR’s revenue falls on tepid demand

PACCAR 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.