Key Points
- C. Michael Dozier, PACCAR EVP, sold 79,076 shares on Feb. 3 at an average price of $127.92 for about $10.12M, trimming his stake by ~69.5% to 34,656 shares (SEC filing).
- Multiple senior insiders — including the CEO, another EVP, a VP and the CFO — have also sold shares recently, creating a clustered insider selling pattern that may amplify scrutiny and near‑term volatility.
- PACCAR reported Q1 EPS of $1.06 (in line with estimates) but revenue missed materially at ~$4.61B versus ~$6.06B expected (down 15.1% YoY), and the company announced a quarterly dividend of $0.33 (1.0% yield).
PACCAR Inc. (NASDAQ:PCAR - Get Free Report) CEO R Preston Feight sold 9,258 shares of the stock in a transaction on Friday, January 30th. The shares were sold at an average price of $122.39, for a total value of $1,133,086.62. Following the completion of the sale, the chief executive officer owned 244,433 shares in the company, valued at approximately $29,916,154.87. The trade was a 3.65% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website.
R Preston Feight also recently made the following trade(s):
- On Monday, February 2nd, R Preston Feight sold 9,258 shares of PACCAR stock. The stock was sold at an average price of $123.65, for a total value of $1,144,751.70.
PACCAR Price Performance
Shares of NASDAQ PCAR opened at $127.90 on Wednesday. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.70 and a quick ratio of 1.42. The company has a market cap of $67.17 billion, a price-to-earnings ratio of 28.36, a price-to-earnings-growth ratio of 1.05 and a beta of 1.03. The stock's 50-day moving average is $114.76 and its two-hundred day moving average is $104.26. PACCAR Inc. has a 1-year low of $84.65 and a 1-year high of $128.42.
PACCAR (NASDAQ:PCAR - Get Free Report) last announced its quarterly earnings data on Tuesday, January 27th. The company reported $1.06 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.06. PACCAR had a return on equity of 13.97% and a net margin of 8.35%.The business had revenue of $4.61 billion during the quarter, compared to analysts' expectations of $6.06 billion. During the same quarter last year, the business posted $1.66 EPS. The business's quarterly revenue was down 15.1% compared to the same quarter last year. Analysts forecast that PACCAR Inc. will post 7.57 EPS for the current fiscal year.
PACCAR Cuts Dividend
The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 4th. Investors of record on Wednesday, February 11th will be paid a $0.33 dividend. The ex-dividend date is Wednesday, February 11th. This represents a $1.32 dividend on an annualized basis and a yield of 1.0%. PACCAR's payout ratio is currently 29.27%.
Analyst Upgrades and Downgrades
Several equities research analysts have recently issued reports on the stock. Citigroup lifted their price objective on shares of PACCAR from $120.00 to $125.00 and gave the stock a "neutral" rating in a research report on Thursday, January 29th. Jefferies Financial Group restated a "hold" rating and issued a $90.00 price target on shares of PACCAR in a research note on Tuesday, October 21st. Wall Street Zen raised PACCAR from a "sell" rating to a "hold" rating in a report on Saturday. JPMorgan Chase & Co. upped their price objective on PACCAR from $133.00 to $142.00 and gave the stock an "overweight" rating in a research report on Wednesday, January 14th. Finally, Wells Fargo & Company set a $119.00 price objective on PACCAR and gave the company an "equal weight" rating in a report on Friday, January 23rd. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and eleven have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $116.50.
View Our Latest Report on PACCAR
Hedge Funds Weigh In On PACCAR
Several large investors have recently bought and sold shares of the stock. Vanguard Group Inc. increased its position in shares of PACCAR by 0.6% during the fourth quarter. Vanguard Group Inc. now owns 63,475,226 shares of the company's stock worth $6,951,172,000 after purchasing an additional 363,782 shares in the last quarter. State Street Corp grew its stake in PACCAR by 1.0% during the 2nd quarter. State Street Corp now owns 22,534,596 shares of the company's stock worth $2,142,139,000 after buying an additional 218,188 shares during the last quarter. Geode Capital Management LLC grew its stake in PACCAR by 1.3% during the 2nd quarter. Geode Capital Management LLC now owns 12,455,453 shares of the company's stock worth $1,184,112,000 after buying an additional 159,632 shares during the last quarter. Capital Research Global Investors lifted its stake in PACCAR by 20.3% in the third quarter. Capital Research Global Investors now owns 5,971,153 shares of the company's stock valued at $587,084,000 after buying an additional 1,009,134 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in PACCAR by 25.2% in the second quarter. JPMorgan Chase & Co. now owns 5,798,439 shares of the company's stock valued at $551,211,000 after buying an additional 1,165,443 shares during the last quarter. Institutional investors and hedge funds own 64.90% of the company's stock.
Key PACCAR News
Here are the key news stories impacting PACCAR this week:
- Positive Sentiment: Analyst/market support: a handful of recent analyst moves (upgrades from underperform/“sell” to neutral/hold by some firms) and coverage noting PACCAR’s transition toward electrification are helping sentiment. Analyst coverage & company outlook
- Neutral Sentiment: Earnings and dividend snapshot: Q1 EPS matched consensus ($1.06) but revenue missed materially (reported ~$4.61B vs. ~$6.06B expected); the company also announced a $0.33 quarterly dividend (ex‑div Feb 11). These are mixed fundamentals: EPS stability and a payout are supportive, while the revenue decline is a concern. Earnings & dividend details
- Negative Sentiment: Large CEO sales: CEO R. Preston Feight sold a total of 18,516 shares across transactions on Jan. 30 and Feb. 2 (sales at ~$122–$123.65), trimming his stake by ~3.65%; SEC filing here. CEO sale SEC filing
- Negative Sentiment: Very large EVP sale: EVP C. Michael Dozier sold 79,076 shares on Feb. 3 (~$10.1M at ~$127.92), cutting his position by ~69.5% — a notable red flag for many investors. SEC filing here. Dozier sale SEC filing
- Negative Sentiment: Other senior sales: EVP Kevin D. Baney sold 9,672 shares (Feb. 3) — a ~43% reduction of his holding. VP Paulo Henrique Bolgar sold 12,183 shares (Jan. 30) and CFO Brice Poplawski sold 2,200 shares (Feb. 2), with the CFO’s stake falling sharply. These clustered, senior‑level sales increase downside risk to sentiment. Baney sale SEC filing Bolgar sale SEC filing CFO sale SEC filing
- Neutral Sentiment: Media coverage: outlets (TipRanks/InsiderTrades/MarketBeat) are flagging the cluster of insider sales — increased scrutiny may amplify volatility even if filings show routine/planned transactions. TipRanks coverage
PACCAR Company Profile
(
Get Free Report)
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.
See Also
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