After a flurry of trading activity, truck manufacturer
Paccar's stock (
PCAR) details show a mix of highs and lows amid broader market dynamics. The firm recorded a
-2.33% shift, with multiple companies reflecting substantial sell-offs. With a 25% US
Tariff on imported trucks, there seems to be a reshaping of Paccar's competitive landscape. Amidst this, Mengis Capital Management, First Pacific Financial, and Mirae Asset Global Investments have all increased their positions in the company. The company further recently announced a
$0.33 Dividend, backed by strong financials. Despite this, multiple investment companies have been cutting down their stakes in PCAR. Furthermore,
insider selling activity and potential earnings decline have raised investor concerns. The company also received a 'Moderate Buy' rating from analysts and a 'Buy (B-)' rating from Weiss Ratings. Ahead of its Q2 earnings, concerns were raised due to an anticipated decline, though the actual results beat analyst estimates. Paccar Inc's substantial growth and performance were highlighted in Q2 Earnings call to record revenues despite tariff challenges.
Paccar PCAR News Analytics from Thu, 10 Apr 2025 07:00:00 GMT to Sat, 11 Oct 2025 11:41:05 GMT -
Rating -2
- Innovation 2
- Information 5
- Rumor 4
