What is Zacks Research’s Estimate for PACCAR Q3 Earnings?

PACCAR Inc. (NASDAQ:PCAR) – Equities researchers at Zacks Research increased their Q3 2026 EPS estimates for PACCAR in a research report issued to clients and investors on Tuesday, August 18th. Zacks Research analyst Team now anticipates that the company will post earnings per share of $1.53 for the quarter, up from their prior estimate of $1.44. The consensus estimate for PACCAR’s current full-year earnings is $5.85 per share. Zacks Research also issued estimates for PACCAR’s Q4 2026 earnings at $1.55 EPS, FY2026 earnings at $5.66 EPS, Q1 2027 earnings at $1.51 EPS, Q2 2027 earnings at $1.67 EPS, Q3 2027 earnings at $1.78 EPS, Q4 2027 earnings at $1.86 EPS, FY2027 earnings at $6.82 EPS, Q1 2028 earnings at $1.66 EPS, Q2 2028 earnings at $1.86 EPS and FY2028 earnings at $7.55 EPS.

A number of other equities analysts have also weighed in on the company. Citigroup upped their target price on PACCAR from $125.00 to $140.00 and gave the stock a “neutral” rating in a research note on Thursday, July 30th. JPMorgan Chase & Co. boosted their price objective on PACCAR from $155.00 to $164.00 and gave the stock an “overweight” rating in a report on Wednesday, July 29th. Wells Fargo & Company upped their price objective on shares of PACCAR from $125.00 to $157.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 30th. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $148.00 target price on shares of PACCAR in a research note on Wednesday, July 29th. Finally, Evercore set a $139.00 target price on shares of PACCAR in a research report on Monday, May 11th. Two equities research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $131.70.

PACCAR Trading Down 2.2%

Shares of PCAR stock opened at $128.02 on Wednesday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 2.90 and a current ratio of 3.12. PACCAR has a 52-week low of $92.25 and a 52-week high of $139.24. The company has a market capitalization of $67.38 billion, a PE ratio of 26.90, a price-to-earnings-growth ratio of 1.04 and a beta of 0.97. The business’s fifty day moving average is $125.73 and its 200 day moving average is $121.76.

PACCAR (NASDAQ:PCAR) last posted 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 net margin of 9.00% and a return on equity of 12.73%. The business had revenue of $7.55 billion for the quarter, compared to analysts’ expectations of $7.05 billion. During the same period in the prior year, the company posted $1.37 EPS. The business’s revenue for the quarter was up .5% compared to the same quarter last year.

PACCAR Dividend Announcement

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

Insider Buying and Selling at PACCAR

In other PACCAR news, VP William Lance Walters sold 1,000 shares of the company’s stock in a transaction dated Friday, July 31st. The shares were sold at an average price of $133.50, for a total transaction of $133,500.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Paulo Henrique Bolgar sold 2,897 shares of the firm’s stock in a transaction dated Friday, July 31st. The shares were sold at an average price of $133.90, for a total value of $387,908.30. Following the transaction, the vice president directly owned 3,831 shares in the company, valued at $512,970.90. This trade represents a 43.06% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 56,842 shares of company stock worth $7,565,677 in the last quarter. 1.99% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On PACCAR

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Ares Financial Consulting LLC purchased a new position in PACCAR in the 4th quarter worth approximately $27,000. Paladin Partners LLC purchased a new stake in shares of PACCAR during the second quarter valued at approximately $27,000. MCF Advisors LLC grew its holdings in shares of PACCAR by 57.5% in the fourth quarter. MCF Advisors LLC now owns 252 shares of the company’s stock worth $28,000 after purchasing an additional 92 shares during the last quarter. Fiduciary Financial Advisors bought a new position in shares of PACCAR in the second quarter worth approximately $28,000. Finally, Compass Financial Management LLC purchased a new position in shares of PACCAR in the second quarter worth $28,000. Institutional investors own 64.90% of the company’s stock.

More PACCAR News

Here are the key news stories impacting PACCAR this week:

• Positive Sentiment: Zacks lifted its full-year EPS forecast to $5.66 for 2026, up from $5.34; to $6.82 for 2027, up from $6.30; and to $7.55 for 2028, up from $7.24. The firm also increased estimates for several quarterly periods, including Q3 2026 to $1.53, Q4 2026 to $1.55, Q3 2027 to $1.78, and Q4 2027 to $1.86. These revisions suggest analysts see stronger earnings momentum ahead. PACCAR analyst estimates
• Neutral Sentiment: The current full-year analyst consensus remains $5.85 EPS, meaning Zacks’ 2026 forecast is still below the broader consensus, while its 2027 and 2028 projections point to substantial future earnings growth.
• Negative Sentiment: The revisions provide no new information about truck demand, orders, margins, or near-term operating performance. With PCAR trading at roughly 27 times earnings and near its yearly high, investors may be taking profits or waiting for a stronger near-term catalyst, limiting the benefit from estimates focused primarily on future years.

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.