ING Groep NV Boosts Stake in PACCAR Inc. $PCAR

ING Groep NV raised its stake in shares of PACCAR Inc. (NASDAQ:PCAR) by 398.2% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 45,492 shares of the company’s stock after buying an additional 36,360 shares during the quarter. ING Groep NV’s holdings in PACCAR were worth $4,473,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the stock. State Street Corp boosted its stake in shares of PACCAR by 1.0% during the second quarter. State Street Corp now owns 22,534,596 shares of the company’s stock valued at $2,142,139,000 after acquiring an additional 218,188 shares during the last quarter. Geode Capital Management LLC raised its stake in PACCAR by 1.3% in the 2nd quarter. Geode Capital Management LLC now owns 12,455,453 shares of the company’s stock valued at $1,184,112,000 after purchasing an additional 159,632 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in shares of PACCAR by 25.2% during the 2nd quarter. JPMorgan Chase & Co. now owns 5,798,439 shares of the company’s stock worth $551,211,000 after purchasing an additional 1,165,443 shares during the last quarter. Invesco Ltd. boosted its stake in shares of PACCAR by 5.0% during the 2nd quarter. Invesco Ltd. now owns 5,212,386 shares of the company’s stock worth $495,489,000 after purchasing an additional 246,410 shares during the last quarter. Finally, Norges Bank purchased a new stake in shares of PACCAR during the second quarter worth about $472,520,000. 64.90% of the stock is owned by institutional investors and hedge funds.

More PACCAR News

Here are the key news stories impacting PACCAR this week:

• Positive Sentiment: Bank of America initiated/maintained a buy on PCAR, a bullish endorsement that can support investor appetite and offset some negative headlines. Paccar (PCAR) Receives a Buy from Bank of America Securities
• Positive Sentiment: Zacks Research raised several mid-to-late 2026 and 2027 quarterly EPS forecasts (examples: Q3/Q4 2026 and Q2–Q4 2027), signaling better-than-expected strength in those periods and offering some upside to forward earnings visibility.
• Neutral Sentiment: PACCAR posted an analyst/investor day slideshow that provides updated strategy and metrics for investors; useful for modeling but not an immediate catalyst by itself. PACCAR Inc (PCAR) Analyst/Investor Day – Slideshow
• Neutral Sentiment: Zacks keeps a “Hold” rating on PCAR and the consensus full‑year EPS remains near $7.57 — mixed analyst posture means no clear uniform buy/sell view across the Street.
• Negative Sentiment: CFO Brice J. Poplawski sold 2,200 shares at about $130.41, reducing his holdings by ~70.9%. Insider selling can be perceived negatively by the market even if for personal reasons. SEC filing: SEC Filing
• Negative Sentiment: Zacks cut several near-term estimates — notably Q1 2027 EPS to $1.41 (from $1.55) and trimmed FY2026 to $5.42 — and lowered some early‑2026 quarter forecasts. Those downgrades point to nearer‑term earnings pressure and likely explain downward stock pressure today.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on PCAR shares. Truist Financial upped their price objective on shares of PACCAR from $108.00 to $120.00 and gave the company a “hold” rating in a research note on Wednesday, January 28th. Weiss Ratings lowered PACCAR from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Saturday, October 25th. Jefferies Financial Group reaffirmed a “hold” rating and issued a $90.00 price objective on shares of PACCAR in a research report on Tuesday, October 21st. Citigroup upped their target price on PACCAR from $120.00 to $125.00 and gave the company a “neutral” rating in a research note on Thursday, January 29th. Finally, UBS Group set a $103.00 price target on PACCAR and gave the stock a “neutral” rating in a research note on Wednesday, October 22nd. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and eleven have issued a Hold rating to the company. According to data from MarketBeat, PACCAR presently has a consensus rating of “Hold” and a consensus price target of $116.50.

Insider Transactions at PACCAR

In other news, EVP Kevin D. Baney sold 9,672 shares of the stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $126.53, for a total value of $1,223,798.16. Following the completion of the sale, the executive vice president owned 12,592 shares of the company’s stock, valued at $1,593,265.76. This represents a 43.44% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP C Michael Dozier sold 79,076 shares of the firm’s stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $127.92, for a total transaction of $10,115,401.92. Following the completion of the transaction, the executive vice president directly owned 34,656 shares in the company, valued at approximately $4,433,195.52. This represents a 69.53% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 133,105 shares of company stock valued at $16,869,046 in the last three months. 2.02% of the stock is owned by company insiders.

PACCAR Trading Down 3.6%

Shares of PCAR opened at $124.84 on Friday. PACCAR Inc. has a twelve month low of $84.65 and a twelve month high of $131.88. The firm has a market capitalization of $65.57 billion, a P/E ratio of 27.68, a price-to-earnings-growth ratio of 1.09 and a beta of 1.03. The company has a current ratio of 1.70, a quick ratio of 1.42 and a debt-to-equity ratio of 0.56. The stock’s fifty day simple moving average is $117.76 and its 200 day simple moving average is $105.57.

PACCAR (NASDAQ:PCAR) last announced its quarterly earnings results on Tuesday, January 27th. The company reported $1.06 EPS for the quarter, hitting the consensus estimate of $1.06. The company had revenue of $4.61 billion during the quarter, compared to analyst estimates of $6.06 billion. PACCAR had a return on equity of 13.97% and a net margin of 8.35%.The firm’s revenue was down 15.1% on a year-over-year basis. During the same period in the prior year, the firm posted $1.66 earnings per share. On average, equities research analysts forecast that PACCAR Inc. will post 7.57 earnings per share for the current year.

PACCAR Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 4th. Investors of record on Wednesday, February 11th will be given a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Wednesday, February 11th. PACCAR’s dividend payout ratio is 29.27%.

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.