Major investment firms have diverse opinions concerning
Paccar Inc., with firms like
Citi and
Bernstein maintaining a
hold and
buy ratings respectively. The multinational manufacturer of truck and diesel engines has seen its stock
rise and
fall amidst broader market trends. Notably, numerous investors have
purchased and
sold PACCAR's shares, such as
Fortem Financial Group,
Alps Advisors Inc., and
Vontobel Holding Ltd. Among the key events, PACCAR declared a
regular quarterly dividend of $0.33 per share and had its
price target raised to $100.00. A
record revenue was posted during the Q1 2025 earnings call, amidst tariff challenges, and a
bull case theory for the stock was proposed. However, it's worth noting that PACCAR's stock dropped following a miss on Q1
sales targets, despite delivering a $769M adjusted profit. Finally, an announcement of a
massive $3.00 special dividend was made following strong performance across the company's divisions.
Paccar PCAR News Analytics from Tue, 10 Dec 2024 08:00:00 GMT to Sat, 12 Jul 2025 11:19:50 GMT -
Rating 2
- Innovation 5
- Information 7
- Rumor -1