Great Lakes Advisors LLC bought a new stake in shares of PACCAR Inc. (NASDAQ:PCAR - Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 21,561 shares of the company's stock, valued at approximately $2,590,000.
Several other large investors also recently modified their holdings of the stock. Nomura Asset Management Co. Ltd. increased its stake in PACCAR by 2.4% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 413,489 shares of the company's stock valued at $45,281,000 after acquiring an additional 9,524 shares during the last quarter. Geode Capital Management LLC raised its position in PACCAR by 0.4% during the fourth quarter. Geode Capital Management LLC now owns 12,308,610 shares of the company's stock valued at $1,350,867,000 after purchasing an additional 50,622 shares in the last quarter. Vanguard Group Inc. lifted its stake in PACCAR by 0.6% during the fourth quarter. Vanguard Group Inc. now owns 63,475,226 shares of the company's stock worth $6,951,172,000 after purchasing an additional 363,782 shares during the last quarter. Swiss Life Asset Management Ltd lifted its stake in PACCAR by 118.2% during the fourth quarter. Swiss Life Asset Management Ltd now owns 638,688 shares of the company's stock worth $69,943,000 after purchasing an additional 345,937 shares during the last quarter. Finally, Danica Pension Livsforsikringsaktieselskab acquired a new stake in shares of PACCAR in the 1st quarter valued at $9,273,000. 64.90% of the stock is owned by institutional investors and hedge funds.
Key PACCAR News
Here are the key news stories impacting PACCAR this week:
- Positive Sentiment: Analysts raise multi-year earnings forecasts: Zacks Research increased its EPS estimates across several periods, including Q3 and Q4 2026, FY2026, all quarters of FY2027, and FY2028. The firm now projects EPS of $5.66 for FY2026, $6.82 for FY2027 and $7.55 for FY2028, up from prior estimates of $5.34, $6.30 and $7.24, respectively. The revisions suggest improving confidence in PACCAR’s earnings trajectory and provide a fundamental catalyst for the stock. PACCAR earnings estimate report
- Neutral Sentiment: Heavy-machinery comparison highlights end-market exposure: A recent analysis compares PACCAR with Caterpillar and Deere, arguing that 2026 stock performance has largely reflected the health of each company’s end markets. The article offers broader industry context for investors evaluating truck and heavy-equipment demand, but the available report details do not identify a new PACCAR-specific catalyst. Which Heavy Machinery Stock Has Dominated in 2026: Caterpillar, Deere, or PACCAR?
PACCAR Stock Performance
Shares of PACCAR stock opened at $128.94 on Friday. The company's 50 day moving average price is $126.23 and its two-hundred day moving average price is $121.83. The firm has a market capitalization of $67.87 billion, a P/E ratio of 27.09, a P/E/G ratio of 1.00 and a beta of 0.97. PACCAR Inc. has a fifty-two week low of $92.25 and a fifty-two week high of $139.24. The company has a debt-to-equity ratio of 0.49, a current ratio of 3.12 and a quick ratio of 2.90.
PACCAR (NASDAQ:PCAR - Get Free Report) last announced its quarterly 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 company had revenue of $7.55 billion during the quarter, compared to the consensus estimate of $7.05 billion. During the same period in the prior year, the business earned $1.37 earnings per share. The company's revenue for the quarter was up .5% compared to the same quarter last year. On average, equities analysts forecast that PACCAR Inc. will post 5.89 earnings per share for the current fiscal year.
PACCAR Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 2nd. Investors of record on Wednesday, August 12th will be given a dividend of $0.35 per share. The ex-dividend date is Wednesday, August 12th. This represents a $1.40 dividend on an annualized basis and a yield of 1.1%. PACCAR's payout ratio is currently 29.41%.
Insider Transactions at PACCAR
In other news, VP William Lance Walters sold 1,000 shares of PACCAR stock in a transaction dated Friday, July 31st. The stock was sold at an average price of $133.50, for a total transaction of $133,500.00. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO R Preston Feight sold 50,975 shares of the business's stock in a transaction dated Friday, July 31st. The stock was sold at an average price of $133.07, for a total value of $6,783,243.25. Following the sale, the chief executive officer owned 268,625 shares in the company, valued at approximately $35,745,928.75. This trade represents a 15.95% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 56,842 shares of company stock worth $7,565,677 in the last 90 days. 1.99% of the stock is currently owned by company insiders.
Wall Street Analysts Forecast Growth
Several equities analysts have recently issued reports on PCAR shares. Citigroup lifted their price target on PACCAR from $125.00 to $140.00 and gave the company a "neutral" rating in a research note on Thursday, July 30th. Truist Financial upped their price objective on PACCAR from $126.00 to $131.00 and gave the stock a "hold" rating in a research report on Thursday, July 2nd. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of PACCAR in a research note on Tuesday. JPMorgan Chase & Co. lifted their target price on PACCAR from $155.00 to $164.00 and gave the company an "overweight" rating in a research report on Wednesday, July 29th. Finally, Evercore set a $139.00 target price on PACCAR in a research note on Monday, May 11th. Two investment analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $131.70.
Read Our Latest Stock Analysis on PACCAR
PACCAR Company Profile
(
Free Report)
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.
Featured Stories
Want to see what other hedge funds are holding PCAR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PACCAR Inc. (NASDAQ:PCAR - Free Report).
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Before you consider PACCAR, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and PACCAR wasn't on the list.
While PACCAR currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Robotics and automation are rapidly becoming essential infrastructure across healthcare, manufacturing, logistics, and many other industries.
"Physical AI" is coming to the United States, and there are four ways that investors can gain exposure to this new robotics revolution. Plus, learn which seven companies are most positioned to benefit as intelligent robots enter the workforce.
Get This Free Report
