First National Bank of Mount Dora Trust Investment Services Reduces Holdings in PACCAR Inc. $PCAR

First National Bank of Mount Dora Trust Investment Services trimmed its holdings in shares of PACCAR Inc. (NASDAQ:PCAR) by 69.7% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 2,309 shares of the company’s stock after selling 5,304 shares during the quarter. First National Bank of Mount Dora Trust Investment Services’ holdings in PACCAR were worth $267,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in PCAR. Ares Financial Consulting LLC purchased a new position in shares of PACCAR during the 4th quarter worth $27,000. MCF Advisors LLC increased its stake in shares of PACCAR by 57.5% in the 4th quarter. MCF Advisors LLC now owns 252 shares of the company’s stock worth $28,000 after purchasing an additional 92 shares in the last quarter. Steph & Co. purchased a new stake in shares of PACCAR in the 1st quarter worth $29,000. Elyxium Wealth LLC bought a new position in PACCAR in the 4th quarter worth $30,000. Finally, Wealth Watch Advisors INC purchased a new position in PACCAR during the third quarter valued at $32,000. 64.90% of the stock is currently owned by institutional investors.

Key PACCAR News

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 Price Performance

Shares of PACCAR stock opened at $132.68 on Monday. The stock’s 50-day simple moving average is $121.41 and its 200-day simple moving average is $120.88. PACCAR Inc. has a 52 week low of $92.25 and a 52 week high of $139.24. The company has a market capitalization of $69.84 billion, a price-to-earnings ratio of 27.87, a PEG ratio of 1.06 and a beta of 0.97. The company has a quick ratio of 2.90, a current ratio of 3.12 and a debt-to-equity ratio of 0.49.

PACCAR (NASDAQ:PCAR) last released its earnings results on Tuesday, July 28th. The company reported $1.43 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $7.55 billion during the quarter, compared to analysts’ expectations of $7.05 billion. During the same quarter last year, the business posted $1.37 earnings per share. The firm’s revenue was up .5% on a year-over-year basis. As a group, analysts expect that PACCAR Inc. will post 5.78 earnings per share for the current fiscal year.

PACCAR Announces Dividend

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

Analysts Set New Price Targets

Several analysts have issued reports on the company. Truist Financial boosted their price target on PACCAR from $126.00 to $131.00 and gave the company a “hold” rating in a report on Thursday, July 2nd. JPMorgan Chase & Co. lifted their price objective on PACCAR from $155.00 to $164.00 and gave the company an “overweight” rating in a research report on Wednesday, July 29th. Morgan Stanley set a $119.00 price objective on PACCAR in a research note on Wednesday. Weiss Ratings lowered shares of PACCAR from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, May 21st. Finally, Evercore set a $139.00 target price on shares of PACCAR in a research note on Monday, May 11th. Three analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company. According to MarketBeat.com, the stock presently has an average 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.