PACCAR Inc. (PCAR) has recently experienced fluctuations, posting a higher rise than the market. However, a decline was noted post last earnings report. Multiple investment firms have adjusted their holdings in PCAR, with some increasing their stake such as UBS Asset Management, Nissay Asset Management, Allstate Corp, and OMERS ADMINISTRATION Corp, while others such as Plato Investment Management, AQR Capital, and Advisors Asset Management chose to reduce. Despite the market uptick, PCAR's stock has indeed fallen, however, Q2 earnings surpassed estimates, posting better-than-expected sales. However, investors note caution as Q1 sales fell short of targets, causing a dip in stock. Significant activity has been noted in sales and purchase of shares, as well as the influencing factor of tariffs on the company's financial performance. While the second quarter marked record parts revenue, the trucks segment revenue's weakness may potentially reshape the investment case for PACCAR. Despite such changes, PACCAR maintains a moderate buy recommendation from brokerages.
Paccar PCAR News Analytics from Tue, 07 Jan 2025 08:00:00 GMT to Sat, 13 Sep 2025 09:04:32 GMT -
Rating 4
- Innovation 5
- Information 7
- Rumor 5
