PACCAR Inc. has recently become a point of interest for myriad investment firms, many of which are adjusting their stake in the company. Investment entities such as
Texas Yale Capital Corp, Achmea Investment Management B.V., Ellevest Inc., Strs Ohio, Lifeworks Advisors LLC, Hi Line Capital Management LLC, and others have been accumulating shares of PCAR. On the flip side,
Bank of Montreal Can, Bank of New York Mellon Corp, Burney Co., Assetmark Inc. have been reducing their holdings. The corporation recently declared a
$0.33 dividend reflecting its robust financial position, however, it is also suffering from
declining net profit margins. Its Q3 earnings were mixed, meeting estimates but with
sales falling below analysts' expectations. Despite this, PACCAR achieved a record
$1.72B Parts revenue during the Q3 earnings period. Opinions on PACCAR's outlook are mixed. Zacks Research has a pessimistic view, while others consider the recent
share price rebound and
tariffs and valuation as a shift towards optimism. The company's heavy investment in the EV (Electric Vehicle) sector is also a crucial factor to consider. The
Q3 earnings review made it clear that
the company's valuation is currently under scrutiny.
Paccar PCAR News Analytics from Tue, 29 Apr 2025 07:00:00 GMT to Sat, 08 Nov 2025 12:47:40 GMT -
Rating -2
- Innovation 1
- Information 5
- Rumor 3