PACCAR (NASDAQ:PCAR) EVP C Michael Dozier Sells 79,076 Shares

PACCAR Inc. (NASDAQ:PCAR) EVP C Michael Dozier sold 79,076 shares of PACCAR stock in a transaction that occurred on Tuesday, February 3rd. The stock was sold at an average price of $127.92, for a total value of $10,115,401.92. Following the transaction, the executive vice president owned 34,656 shares of the company’s stock, valued at $4,433,195.52. This represents a 69.53% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

PACCAR Price Performance

NASDAQ:PCAR traded up $3.29 during trading hours on Tuesday, reaching $127.90. 4,138,052 shares of the company traded hands, compared to its average volume of 3,120,886. 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 firm’s 50-day moving average is $114.76 and its 200-day moving average is $104.26. The stock has a market cap of $67.17 billion, a P/E ratio of 28.36, a P/E/G ratio of 1.05 and a beta of 1.03. PACCAR Inc. has a 1-year low of $84.65 and a 1-year high of $128.42.

PACCAR (NASDAQ:PCAR) last released its quarterly earnings results on Tuesday, January 27th. The company reported $1.06 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.06. The company had revenue of $4.61 billion during the quarter, compared to analysts’ expectations of $6.06 billion. PACCAR had a return on equity of 13.97% and a net margin of 8.35%.The business’s revenue for the quarter was down 15.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.66 earnings per share. Equities research analysts expect that PACCAR Inc. will post 7.57 earnings per share for the current fiscal year.

PACCAR Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 4th. Shareholders of record on Wednesday, February 11th will be paid a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend is Wednesday, February 11th. PACCAR’s dividend payout ratio (DPR) is currently 29.27%.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. Vanguard Group Inc. raised its holdings in PACCAR by 0.6% in the fourth quarter. Vanguard Group Inc. now owns 63,475,226 shares of the company’s stock valued at $6,951,172,000 after acquiring an additional 363,782 shares in the last quarter. State Street Corp raised its stake in shares of PACCAR by 1.0% in the 2nd quarter. State Street Corp now owns 22,534,596 shares of the company’s stock valued at $2,142,139,000 after purchasing an additional 218,188 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of 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 in the last quarter. Capital Research Global Investors grew 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 worth $587,084,000 after purchasing an additional 1,009,134 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its holdings 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. 64.90% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages recently issued reports on PCAR. Zacks Research upgraded shares of PACCAR from a “strong sell” rating to a “hold” rating in a research report on Monday, December 8th. Truist Financial increased their price target on PACCAR from $108.00 to $120.00 and gave the stock a “hold” rating in a research note on Wednesday, January 28th. Wall Street Zen upgraded PACCAR from a “sell” rating to a “hold” rating in a report on Saturday. Citigroup lifted their price objective on PACCAR from $120.00 to $125.00 and gave the company a “neutral” rating in a research report on Thursday, January 29th. Finally, Wolfe Research upgraded PACCAR from an “underperform” rating to a “peer perform” rating in a research report on Wednesday, October 22nd. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and eleven have issued a Hold rating to the stock. According to data from MarketBeat.com, PACCAR presently has an average rating of “Hold” and a consensus target price of $116.50.

More 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

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.