Zacks Research Issues Negative Outlook for PACCAR Earnings

PACCAR Inc (NASDAQ:PCAR) – Stock analysts at Zacks Research dropped their Q1 2025 earnings per share estimates for shares of PACCAR in a research report issued on Monday, February 10th. Zacks Research analyst R. Singhi now forecasts that the company will post earnings per share of $1.60 for the quarter, down from their prior forecast of $2.03. The consensus estimate for PACCAR’s current full-year earnings is $7.60 per share. Zacks Research also issued estimates for PACCAR’s FY2025 earnings at $7.49 EPS, Q1 2026 earnings at $1.82 EPS and Q4 2026 earnings at $2.49 EPS.

Several other brokerages have also weighed in on PCAR. Royal Bank of Canada reiterated a “sector perform” rating and issued a $119.00 price objective on shares of PACCAR in a research report on Monday, November 4th. Truist Financial upped their target price on shares of PACCAR from $112.00 to $113.00 and gave the company a “hold” rating in a research report on Wednesday, January 29th. BNP Paribas raised shares of PACCAR to a “hold” rating in a research note on Wednesday, October 16th. Morgan Stanley lowered their price objective on shares of PACCAR from $135.00 to $126.00 and set an “overweight” rating for the company in a research report on Wednesday, October 23rd. Finally, Citigroup cut their target price on PACCAR from $125.00 to $115.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 14th. Seven analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, PACCAR presently has a consensus rating of “Moderate Buy” and an average price target of $121.95.

PACCAR Stock Performance

PACCAR stock opened at $103.11 on Thursday. The stock has a market cap of $54.06 billion, a price-to-earnings ratio of 13.04, a price-to-earnings-growth ratio of 2.79 and a beta of 0.92. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.67 and a quick ratio of 1.39. The firm has a 50 day simple moving average of $108.77 and a 200-day simple moving average of $104.74. PACCAR has a 1-year low of $90.04 and a 1-year high of $125.50.

PACCAR (NASDAQ:PCAR) last announced its quarterly earnings data on Tuesday, January 28th. The company reported $1.66 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.70 by ($0.04). PACCAR had a net margin of 12.36% and a return on equity of 23.53%.

Institutional Trading of PACCAR

A number of large investors have recently bought and sold shares of the business. Ilmarinen Mutual Pension Insurance Co increased its holdings in shares of PACCAR by 76.2% in the fourth quarter. Ilmarinen Mutual Pension Insurance Co now owns 92,500 shares of the company’s stock valued at $9,622,000 after purchasing an additional 40,000 shares during the period. Aviva PLC increased its stake in PACCAR by 65.7% in the 4th quarter. Aviva PLC now owns 315,286 shares of the company’s stock valued at $32,796,000 after purchasing an additional 124,996 shares in the last quarter. Resona Asset Management Co. Ltd. acquired a new position in shares of PACCAR during the 4th quarter worth $15,958,000. World Investment Advisors boosted its position in shares of PACCAR by 5.8% in the 4th quarter. World Investment Advisors now owns 4,490 shares of the company’s stock worth $467,000 after buying an additional 246 shares in the last quarter. Finally, Nicolet Advisory Services LLC grew its stake in PACCAR by 3.7% in the 4th quarter. Nicolet Advisory Services LLC now owns 3,502 shares of the company’s stock valued at $373,000 after acquiring an additional 125 shares during the last quarter. Institutional investors and hedge funds own 64.90% of the company’s stock.

Insider Activity

In related news, CEO R Preston Feight sold 25,200 shares of the company’s stock in a transaction that occurred on Friday, January 31st. The stock was sold at an average price of $110.98, for a total value of $2,796,696.00. Following the completion of the transaction, the chief executive officer now directly owns 206,129 shares of the company’s stock, valued at $22,876,196.42. This represents a 10.89 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Darrin C. Siver sold 103,671 shares of the business’s stock in a transaction that occurred on Friday, January 31st. The stock was sold at an average price of $111.56, for a total transaction of $11,565,536.76. Following the sale, the executive vice president now owns 61,005 shares of the company’s stock, valued at $6,805,717.80. This represents a 62.95 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 130,871 shares of company stock worth $14,586,333. 2.02% of the stock is currently owned by company insiders.

PACCAR Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, January 8th. Shareholders of record on Friday, December 20th were given a $3.00 dividend. The ex-dividend date of this dividend was Friday, December 20th. This is a positive change from PACCAR’s previous dividend of $0.89. PACCAR’s dividend payout ratio (DPR) is currently 15.17%.

About PACCAR

PACCAR Inc designs, manufactures, and distributes light, medium, and heavy-duty commercial trucks in the United States, Canada, Europe, Mexico, South America, Australia, and internationally. It operates through three segments: Truck, Parts, and Financial Services. The Truck segment designs, manufactures, and distributes trucks for the over-the-road and off-highway hauling of commercial and consumer goods.