23,731 Shares in PACCAR Inc. $PCAR Acquired by one8zero8 LLC

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

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

Wall Street Analysts Forecast Growth

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

PACCAR Price Performance

NASDAQ:PCAR opened at $127.47 on Thursday. PACCAR Inc. has a 52-week low of $92.25 and a 52-week high of $139.24. The stock has a fifty 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 capitalization of $67.10 billion, a price-to-earnings ratio of 26.78, a P/E/G ratio of 1.01 and a beta of 0.97.

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

PACCAR Dividend Announcement

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

Insider Activity at PACCAR

In other news, VP Paulo Henrique Bolgar sold 2,897 shares of the stock in a transaction on Friday, July 31st. The shares were sold at an average price of $133.90, for a total value of $387,908.30. Following the transaction, the vice president owned 3,831 shares of the company’s stock, valued at $512,970.90. This represents a 43.06% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO R Preston Feight sold 50,975 shares of the firm’s stock in a transaction on Friday, July 31st. The shares were sold at an average price of $133.07, for a total transaction 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 position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 56,842 shares of company stock valued at $7,565,677. Company insiders own 1.99% of the company’s stock.

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.

About PACCAR

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.