one8zero8 LLC Purchases New Position in PACCAR Inc. $PCAR

one8zero8 LLC purchased a new stake in shares of PACCAR Inc. (NASDAQ:PCAR) in the second quarter, according to the company in its most recent filing with the SEC. The fund purchased 23,731 shares of the company’s stock, valued at approximately $2,851,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Denali Advisors LLC raised its position in PACCAR by 19.0% in the 2nd quarter. Denali Advisors LLC now owns 8,750 shares of the company’s stock valued at $1,051,000 after buying an additional 1,400 shares during the last quarter. Chancellor Financial Group WB LP purchased a new position in PACCAR during the 2nd quarter worth $242,000. Great Lakes Advisors LLC purchased a new position in PACCAR during the 2nd quarter worth $2,590,000. Danica Pension Livsforsikringsaktieselskab bought a new stake in shares of PACCAR in the 2nd quarter worth $10,821,000. Finally, Danske Bank A S bought a new stake in shares of PACCAR in the 2nd quarter worth $44,682,000. 64.90% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on PCAR. Wells Fargo & Company raised their price target on shares of PACCAR from $125.00 to $157.00 and gave the company an “equal weight” rating in a research report on Thursday, July 30th. Evercore set a $139.00 price objective on shares of PACCAR in a research report on Monday, May 11th. Weiss Ratings reiterated a “hold (c+)” rating on shares of PACCAR in a research note on Tuesday. Sanford C. Bernstein reissued an “outperform” rating and set a $148.00 target price on shares of PACCAR in a research report on Wednesday, July 29th. Finally, Morgan Stanley set a $119.00 target price on PACCAR in a research note on Wednesday, July 29th. Two analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. According to MarketBeat.com, PACCAR presently has a consensus rating of “Hold” and a consensus price target of $131.70.

Insider Transactions at PACCAR

In related news, CEO R Preston Feight sold 50,975 shares of the company’s stock in a transaction that occurred on 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 transaction, the chief executive officer owned 268,625 shares in the company, valued at approximately $35,745,928.75. This represents a 15.95% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, VP William Lance Walters sold 1,000 shares of the stock in a transaction on Friday, July 31st. The shares were sold at an average price of $133.50, for a total value of $133,500.00. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 56,842 shares of company stock worth $7,565,677 in the last ninety days. Company insiders own 1.99% of the company’s stock.

PACCAR Price Performance

PCAR opened at $127.47 on Thursday. PACCAR Inc. has a fifty-two week low of $92.25 and a fifty-two week high of $139.24. The firm has a 50-day moving average of $126.00 and a 200 day moving average of $121.79. The company has a debt-to-equity ratio of 0.49, a quick ratio of 2.90 and a current ratio of 3.12. The firm has a market cap of $67.10 billion, a P/E ratio of 26.78, a PEG ratio of 1.01 and a beta of 0.97.

PACCAR (NASDAQ:PCAR) last released its earnings results on Tuesday, July 28th. The company reported $1.43 earnings per share for the quarter, beating analysts’ consensus estimates of $1.36 by $0.07. PACCAR had a net margin of 9.00% and a return on equity of 12.73%. The firm had revenue of $7.55 billion for the quarter, compared to analysts’ expectations of $7.05 billion. During the same period in the previous year, the company earned $1.37 earnings per share. The company’s quarterly revenue was up .5% on a year-over-year basis. On average, research analysts expect that PACCAR Inc. will post 5.89 EPS for the current year.

PACCAR Dividend Announcement

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

Key Stories Impacting PACCAR

Here are the key news stories impacting PACCAR this week:

• Positive Sentiment: Zacks Research raised earnings estimates across multiple periods. The firm lifted its 2026 EPS forecast to $5.66 from $5.34, 2027 EPS to $6.82 from $6.30, and 2028 EPS to $7.55 from $7.24. Quarterly estimates were also increased, including Q3 2026 to $1.53, Q4 2026 to $1.55, Q1 2027 to $1.51, Q2 2027 to $1.67, Q3 2027 to $1.78, Q4 2027 to $1.86, and Q1 and Q2 2028 to $1.66 and $1.86, respectively. These revisions indicate improving expectations for PACCAR’s earnings trajectory. PACCAR analyst estimate revisions
• Neutral Sentiment: The improved forecasts do not represent a change in PACCAR’s official outlook. The current-year consensus EPS estimate remains $5.85, above Zacks Research’s $5.66 forecast, so the revisions are supportive but do not necessarily signal an immediate earnings beat or a new fundamental development.
• Negative Sentiment: PCAR’s valuation leaves less room for disappointment: the stock trades at roughly 26.9 times earnings and remains near its 52-week high. With no new orders, guidance increase, or operating update in these reports, investors may be taking profits or waiting for additional evidence that the projected earnings growth will materialize.

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.