Paccar (PCAR) has seen a mixture of positive and negative press recently. While the company's stock fell more than the broader market, it also saw an executive promotion, improved technical strength, and increased stake purchases by several entities, such as State Street Corp and Bank of Nova Scotia. Paccar has set regular quarterly and extra dividends to boost investor returns. Despite mixed Q3 earnings, Citigroup has maintained its hold rating while raising the target price. Paccar's valuation has been assessed after parts division recorded boost sentiment and long term growth investments. Some notable investment firms, like Marshall Wace LLP and California Public Employees Retirement System, have also increased their holdings in Paccar. The company reported lower-than-expected sales in their Q3 earnings, but still generated good quarterly revenues and profits. However, despite a five-year profit surge, the declining margins challenge PACCAR's growth narrative. Certain entities, including Russell Investments Group Ltd and Baird Financial Group Inc., have sold their shares in Paccar.
Paccar PCAR News Analytics from Tue, 20 May 2025 07:00:00 GMT to Sat, 13 Dec 2025 13:27:15 GMT -
Rating -4
- Innovation -1
- Information 6
- Rumor -3
