PACCAR Inc. $PCAR Shares Bought by Quantinno Capital Management LP

Quantinno Capital Management LP grew its holdings in shares of PACCAR Inc. (NASDAQ:PCAR) by 9.0% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 252,459 shares of the company’s stock after purchasing an additional 20,743 shares during the quarter. Quantinno Capital Management LP’s holdings in PACCAR were worth $29,159,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Ares Financial Consulting LLC purchased a new stake in shares of PACCAR in the fourth quarter valued at $27,000. MCF Advisors LLC lifted its position in PACCAR by 57.5% during the fourth quarter. MCF Advisors LLC now owns 252 shares of the company’s stock worth $28,000 after buying an additional 92 shares during the period. Steph & Co. purchased a new position in PACCAR during the first quarter worth about $29,000. Elyxium Wealth LLC acquired a new stake in PACCAR in the 4th quarter worth about $30,000. Finally, Wealth Watch Advisors INC acquired a new stake in PACCAR in the 3rd quarter worth about $32,000. Institutional investors and hedge funds own 64.90% of the company’s stock.

PACCAR News Roundup

Here are the key news stories impacting PACCAR this week:

• Positive Sentiment: JPMorgan raised its price target to $164, signaling confidence that PACCAR’s earnings outlook supports additional appreciation. JPMorgan Chase & Co. Increases PACCAR Price Target to $164.00
• Positive Sentiment: Recent Q2 coverage highlighted margin gains and record parts revenue, which strengthen the company’s profitability story and helped drive the previous session’s rally. Why PACCAR Is Up After Q2 Margin Gains and Record Parts Revenue
• Positive Sentiment: Wells Fargo lifted its price target from $125 to $157 while retaining an Equal Weight rating, suggesting analysts see meaningful value even without an outright bullish recommendation. Wells Fargo Raises PACCAR Price Target
• Positive Sentiment: Comparative Zacks coverage is evaluating PACCAR favorably against automotive and truck-sector alternatives, including Tesla and Yamaha Motor, which may support investor interest in PCAR as a value-oriented industrial stock. PCAR vs. TSLA: Which Stock Should Value Investors Buy Now?
• Neutral Sentiment: Citigroup raised its target from $125 to $140 but kept a Neutral rating, while the broader analyst consensus remains Hold. This reflects improved expectations but limited conviction at current levels. Citigroup Issues Positive Forecast for PACCAR
• Negative Sentiment: With PCAR trading near its 12-month high and at roughly 28 times earnings, some investors may be taking profits or questioning whether the strong Q2-related gains are already reflected in the stock.

PACCAR Stock Performance

Shares of NASDAQ:PCAR opened at $132.68 on Friday. The business has a 50-day moving average of $121.41 and a two-hundred day moving average of $120.87. The firm has a market capitalization of $69.84 billion, a PE ratio of 27.87, a P/E/G ratio of 1.07 and a beta of 0.97. The company has a debt-to-equity ratio of 0.49, a current ratio of 3.12 and a quick ratio of 2.91. PACCAR Inc. has a 12 month low of $92.25 and a 12 month high of $139.24.

PACCAR (NASDAQ:PCAR) last released its quarterly earnings data on Tuesday, July 28th. The company reported $1.43 earnings per share for the quarter, beating the consensus estimate of $1.36 by $0.07. PACCAR had a return on equity of 12.73% and a net margin of 9.00%.The business had revenue of $7.55 billion for the quarter, compared to analyst estimates of $7.05 billion. During the same period in the previous year, the company posted $1.37 EPS. The company’s revenue was up .5% compared to the same quarter last year. As a group, research analysts forecast that PACCAR Inc. will post 5.78 earnings per share for the current year.

PACCAR Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 2nd. Shareholders of record on Wednesday, August 12th will be paid a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 1.1%. The ex-dividend date is Wednesday, August 12th. PACCAR’s payout ratio is currently 29.41%.

Analyst Ratings Changes

A number of research analysts have recently commented on PCAR shares. Morgan Stanley set a $119.00 price objective on shares of PACCAR in a research note on Wednesday. Wells Fargo & Company raised their target price on shares of PACCAR from $125.00 to $157.00 and gave the stock an “equal weight” rating in a research report on Thursday. Evercore set a $139.00 target price on shares of PACCAR in a report on Monday, May 11th. Truist Financial boosted their target price on shares of PACCAR from $126.00 to $131.00 and gave the company a “hold” rating in a report on Thursday, July 2nd. Finally, Weiss Ratings lowered shares of PACCAR from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, May 21st. Three equities research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $131.70.

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.