Several developments pertaining to
PACCAR Inc. have unfolded in recent times. Notably, the notable SWOT analysis gives an insight into the strategic workings of the firm. Some institutional investors like the New York State Common Retirement Fund and Alaska Department of Revenue have recorded a reduction in their PCAR holdings, while entities like Abrdn PLC, Mediolanum International Funds Ltd, and Integrated Advisors Network LLC have significantly increased their stakes. PCAR CEO R. Preston Feight has been appointed to the Deere Board of Directors. The company also reported
Q3 2024 earnings, highlighting a strong financial performance despite market fluctuations. Shares of the company have experienced some level of volatility, with several occurrences of underperformance against the market. The company's earnings results have largely met or surpassed estimates; however, its stock has seen dips amid lower deliveries. On the executive side,
VP Todd Hubbard and president Harrie Schippers have sold off substantial shares. PCAR's
Q2 pre-tax profit was reportedly below estimates. Finally, the company's Q2 2024 earnings forecasts signal a potential decline.
Paccar PCAR News Analytics from Wed, 24 Jan 2024 08:00:00 GMT to Sat, 02 Nov 2024 10:42:43 GMT -
Rating 3
- Innovation 8
- Information 6
- Rumor 5
