PACCAR Inc (NASDAQ:PCAR) has had a noteworthy period recently. The company reported Q2 2025 earnings revealing crucial metrics, beating estimates and showcasing a record parts revenue. Despite a soft truckload market and tariff concerns, the CEO remains optimistic about the company's growth. Several financial advisory companies including J.W. Cole Advisors Inc., HighPoint Advisor Group LLC, and Mount Lucas Management LP notably reduced their stock holdings in PACCAR, whereas others like AE Wealth Management LLC, Lifeworks Advisors LLC, and Journey Strategic Wealth LLC notably increased their PACCAR shares. The company's CFO sold $504,700 in stock – a significant move. Yet, others, like Pacer Advisors Inc., made fresh purchases of PACCAR stocks. Truist Financial has lowered expectations for PACCAR's stock price while the PACCAR stock was raised to hold by Wall Street Zen. UBS Group upgraded PACCAR to 'Neutral' from 'Sell' and raised the price target to $100. There was a consensus recommendation of 'Hold' from analysts. Even with the earnings beat, PACCAR faced a challenging Q2 with a sharp decline in sales.
Paccar PCAR News Analytics from Fri, 21 Mar 2025 07:00:00 GMT to Sat, 26 Jul 2025 22:51:44 GMT -
Rating 6
- Innovation 3
- Information 8
- Rumor -3
