Zacks Research Issues Negative Forecast for PACCAR Earnings

PACCAR Inc. (NASDAQ:PCAR) – Equities research analysts at Zacks Research cut their Q1 2026 earnings per share estimates for shares of PACCAR in a report released on Tuesday, February 10th. Zacks Research analyst Team now anticipates that the company will earn $1.15 per share for the quarter, down from their prior forecast of $1.32. Zacks Research has a “Hold” rating on the stock. The consensus estimate for PACCAR’s current full-year earnings is $7.57 per share. Zacks Research also issued estimates for PACCAR’s Q2 2026 earnings at $1.35 EPS, Q3 2026 earnings at $1.41 EPS, Q4 2026 earnings at $1.51 EPS, Q2 2027 earnings at $1.58 EPS, Q3 2027 earnings at $1.64 EPS, Q4 2027 earnings at $1.82 EPS and FY2027 earnings at $6.45 EPS.

Several other research firms have also recently commented on PCAR. Jefferies Financial Group restated a “hold” rating and issued a $90.00 target price on shares of PACCAR in a research report on Tuesday, October 21st. UBS Group set a $103.00 price objective on PACCAR and gave the stock a “neutral” rating in a research report on Wednesday, October 22nd. Wall Street Zen upgraded PACCAR from a “sell” rating to a “hold” rating in a research report on Saturday, January 31st. Wells Fargo & Company set a $119.00 target price on PACCAR and gave the company an “equal weight” rating in a research note on Friday, January 23rd. Finally, Truist Financial boosted their price target on PACCAR from $108.00 to $120.00 and gave the stock a “hold” rating in a research report on Wednesday, January 28th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and eleven have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $116.50.

PACCAR Stock Down 0.1%

PCAR stock opened at $127.07 on Wednesday. The stock has a market cap of $66.74 billion, a PE ratio of 28.18, a price-to-earnings-growth ratio of 1.07 and a beta of 1.03. The firm’s 50-day simple moving average is $117.01 and its 200 day simple moving average is $105.26. PACCAR has a fifty-two week low of $84.65 and a fifty-two week high of $131.88. The company has a quick ratio of 1.42, a current ratio of 1.70 and a debt-to-equity ratio of 0.56.

PACCAR (NASDAQ:PCAR) last announced its quarterly earnings results on Tuesday, January 27th. The company reported $1.06 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.06. The company had revenue of $4.61 billion during the quarter, compared to the consensus estimate of $6.06 billion. PACCAR had a net margin of 8.35% and a return on equity of 13.97%. The company’s revenue for the quarter was down 15.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.66 earnings per share.

PACCAR Cuts Dividend

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

Insider Activity at PACCAR

In other news, EVP C Michael Dozier sold 79,076 shares of the business’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 transaction, the executive vice president directly owned 34,656 shares in the company, valued at $4,433,195.52. The trade was a 69.53% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO R Preston Feight sold 9,258 shares of the stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $129.70, for a total value of $1,200,762.60. Following the sale, the chief executive officer owned 258,566 shares of the company’s stock, valued at approximately $33,536,010.20. This represents a 3.46% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 130,905 shares of company stock worth $16,582,144 in the last quarter. Company insiders own 2.02% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. Deseret Mutual Benefit Administrators boosted its stake in PACCAR by 9.9% during the fourth quarter. Deseret Mutual Benefit Administrators now owns 887 shares of the company’s stock worth $97,000 after acquiring an additional 80 shares in the last quarter. Gulf International Bank UK Ltd boosted its position in shares of PACCAR by 0.3% during the 4th quarter. Gulf International Bank UK Ltd now owns 26,202 shares of the company’s stock worth $2,869,000 after purchasing an additional 81 shares in the last quarter. CYBER HORNET ETFs LLC boosted its stake in PACCAR by 6.2% during the 4th quarter. CYBER HORNET ETFs LLC now owns 1,486 shares of the company’s stock valued at $163,000 after purchasing an additional 87 shares during the last quarter. Jackson Square Capital LLC grew its holdings in shares of PACCAR by 3.5% in the fourth quarter. Jackson Square Capital LLC now owns 2,650 shares of the company’s stock valued at $290,000 after acquiring an additional 90 shares in the last quarter. Finally, Lakeside Advisors INC. increased its position in shares of PACCAR by 0.3% during the fourth quarter. Lakeside Advisors INC. now owns 34,053 shares of the company’s stock valued at $3,729,000 after acquiring an additional 92 shares during the last quarter. 64.90% of the stock is owned by institutional investors and hedge funds.

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.