Zacks Research Predicts PACCAR's Q1 Earnings (NASDAQ:PCAR)

PACCAR Inc (NASDAQ:PCAR - Free Report) - Investment analysts at Zacks Research lifted their Q1 2025 earnings estimates for PACCAR in a report issued on Thursday, March 6th. Zacks Research analyst R. Singhi now forecasts that the company will post earnings of $1.61 per share for the quarter, up from their previous estimate of $1.60. The consensus estimate for PACCAR's current full-year earnings is $7.57 per share. Zacks Research also issued estimates for PACCAR's Q2 2025 earnings at $1.91 EPS, FY2025 earnings at $7.53 EPS, Q1 2026 earnings at $1.84 EPS and FY2027 earnings at $7.35 EPS.

PCAR has been the subject of a number of other reports. Bank of America raised shares of PACCAR from a "neutral" rating to a "buy" rating and boosted their target price for the company from $116.00 to $121.50 in a research note on Tuesday, January 14th. Citigroup lowered their price objective on shares of PACCAR from $125.00 to $115.00 and set a "neutral" rating for the company in a research note on Tuesday, January 14th. Jefferies Financial Group downgraded shares of PACCAR from a "buy" rating to a "hold" rating and set a $120.00 target price for the company. in a report on Friday, December 6th. Truist Financial boosted their target price on shares of PACCAR from $112.00 to $113.00 and gave the stock a "hold" rating in a report on Wednesday, January 29th. Finally, Evercore ISI reduced their target price on shares of PACCAR from $129.00 to $127.00 and set an "outperform" rating for the company in a report on Wednesday, February 19th. Seven analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $121.77.

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PACCAR Trading Down 1.8 %

NASDAQ PCAR traded down $1.84 on Monday, hitting $102.88. 111,259 shares of the stock were exchanged, compared to its average volume of 2,500,973. The firm has a market capitalization of $53.99 billion, a P/E ratio of 13.02, a P/E/G ratio of 2.77 and a beta of 0.91. PACCAR has a 52-week low of $90.04 and a 52-week high of $125.50. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.39 and a current ratio of 2.54. The stock has a fifty day moving average price of $107.42 and a two-hundred day moving average price of $106.32.

PACCAR (NASDAQ:PCAR - Get Free Report) last posted its quarterly earnings data on Tuesday, January 28th. The company reported $1.66 EPS for the quarter, missing the consensus estimate of $1.70 by ($0.04). PACCAR had a return on equity of 23.53% and a net margin of 12.36%.

Institutional Investors Weigh In On PACCAR

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Wellington Management Group LLP increased its holdings in shares of PACCAR by 25.0% in the fourth quarter. Wellington Management Group LLP now owns 16,798,765 shares of the company's stock valued at $1,747,408,000 after purchasing an additional 3,364,650 shares during the period. Geode Capital Management LLC increased its holdings in shares of PACCAR by 3.1% in the fourth quarter. Geode Capital Management LLC now owns 12,242,288 shares of the company's stock valued at $1,275,269,000 after purchasing an additional 362,637 shares during the period. Massachusetts Financial Services Co. MA increased its holdings in shares of PACCAR by 5.6% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 10,767,134 shares of the company's stock valued at $1,119,997,000 after purchasing an additional 572,231 shares during the period. FMR LLC increased its holdings in shares of PACCAR by 1.9% in the fourth quarter. FMR LLC now owns 8,791,660 shares of the company's stock valued at $914,509,000 after purchasing an additional 167,165 shares during the period. Finally, Northern Trust Corp increased its holdings in shares of PACCAR by 8.5% in the fourth quarter. Northern Trust Corp now owns 7,202,358 shares of the company's stock valued at $749,189,000 after purchasing an additional 565,967 shares during the period. Institutional investors and hedge funds own 64.90% of the company's stock.

Insiders Place Their Bets

In related news, VP Todd R. Hubbard sold 2,000 shares of the firm's stock in a transaction dated Friday, January 31st. The stock was sold at an average price of $112.05, for a total transaction of $224,100.00. Following the completion of the transaction, the vice president now directly owns 5,463 shares in the company, valued at $612,129.15. This trade represents a 26.80 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Darrin C. Siver sold 103,671 shares of the firm's stock in a transaction dated Friday, January 31st. The shares were sold at an average price of $111.56, for a total value of $11,565,536.76. Following the transaction, the executive vice president now owns 61,005 shares of the company's stock, valued at $6,805,717.80. This trade represents a 62.95 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 165,547 shares of company stock valued at $18,261,908 in the last three months. 2.02% of the stock is currently owned by insiders.

PACCAR Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, January 8th. Investors of record on Friday, December 20th were paid a $3.00 dividend. This is an increase from PACCAR's previous dividend of $0.89. The ex-dividend date of this dividend was Friday, December 20th. PACCAR's dividend payout ratio is currently 16.69%.

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.