Several asset management entities have reportedly altered their holdings in
PACCAR Inc (NASDAQ:PCAR). Among them
Inspire Advisors LLC, Achmea Investment Management B.V., and Dai Ichi Life Insurance Company Ltd have reported to have reduced their stakes while
LSV Asset Management and Vest Financial LLC have bolstered their holdings. Paccar’s performance relative to the market has varied, sometimes underperforming and at other occasions outstripping the market's gains. Concerning earnings announcements, Paccar has experienced mixed responses with some quarters surpassing estimates and others falling short.
PACCAR’s dividend yield has seen growth with a recently announced
$0.30 quarterly dividend. Commenting on value, some analysts suggest Paccar could be an underrated choice for value investors. PACCAR’s annual revenues and net income for 2023 recorded at an all-time high. They have also formed a
joint venture with Accelera by Cummins and Daimler Truck aimed at promoting battery cell production in the U.S, indicating a strategic shift towards electric future.
Paccar PCAR News Analytics from Mon, 25 Jun 2018 12:24:36 GMT to Sun, 15 Sep 2024 12:05:22 GMT -
Rating 5
- Innovation 7
- Information 6
- Rumor -2
