PACCAR Inc (PCAR) has witnessed notable activities.
1832 Asset Management L.P. sold off 7963 of its shares, and its stock fell underperforming the market on several occasions. Despite this, investments in the company have grown over the last five years. Various asset management companies like
Belpointe,
Prudential, and
Oppenheimer & Co have reduced their stakes in PACCAR. However,
Epoch Investment Partners, The
Manufacturers Life Insurance Company,
Pinebridge Investments L.P and several others bought significant shares. Highlighting
Q1 2024 earnings, PACCAR surpassed analysts' expectations and managed to maintain its earnings beat streak. Despite some stock dips, the company exhibits strong potential for a rebound and continues to showcase strength in value stocks. Additionally, PACCAR reported
record annual revenues and net income for 2023. Several banks increased their stock positions in PACCAR, while few chose to sell their shares. Amid the series of dips and rises, PACCAR's stock has touched a record high while setting new revenue and net income records. Investors can expect to continue seeing exciting developments with regards to PACCAR Inc.
Paccar PCAR News Analytics from Wed, 25 Oct 2023 07:00:00 GMT to Sun, 09 Jun 2024 15:19:10 GMT -
