Paccar (PCAR) has been in the investment limelight with significant activity in its share positions by numerous funds and asset management entities.
Oppenheimer Asset Management and
Geneos Wealth Management possess strong positions in PCAR. The truck manufacturing giant maintains regular quarterly dividends, though it has experienced falling and rising stock trends. New shares were acquired by
Norden Group LLC and
Advisory Services Network LLC. The stock received a consensus
Hold rating from analysts, setting a target price at $113.92. Despite occasional sinking, it saw upgrades by
StockNews.com to buy. Considering the Q1 earnings, PCAR outperformed estimates with its revenue and top key metrics. The company hit a fresh high still leaving room for growth. However, it faced downgrade to Hold at StockNews.com due to market fluctuations. Record annual revenues and net income were reported for 2023, and Q1 2024 ended with strong earnings. Despite fluctuations, PCAR is perceived as a growth and value stock for long-term investment. While some stakeholders reduced stakes, others like
Cooper Financial Group and
SageView Advisory Group invested in the PCAR stocks.
Paccar PCAR News Analytics from Tue, 24 Oct 2023 07:00:00 GMT to Sun, 14 Jul 2024 14:47:28 GMT -
Rating 0
- Innovation 3
- Information 7
- Rumor -2
