PACCAR (NASDAQ:PCAR) EVP Sells $1,223,798.16 in Stock

by · The Cerbat Gem

PACCAR Inc. (NASDAQ:PCAR – Get Free Report) EVP Kevin Baney sold 9,672 shares of the stock in a transaction dated Tuesday, February 3rd. The shares were sold at an average price of $126.53, for a total value of $1,223,798.16. Following the sale, the executive vice president owned 12,592 shares of the company’s stock, valued at $1,593,265.76. This represents a 43.44% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

PACCAR Trading Up 2.6%

PACCAR stock traded up $3.29 during trading hours on Tuesday, reaching $127.90. The company had a trading volume of 4,138,052 shares, compared to its average volume of 3,120,886. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.70 and a quick ratio of 1.42. PACCAR Inc. has a 12-month low of $84.65 and a 12-month high of $128.42. The company has a 50-day moving average price of $114.76 and a 200 day moving average price of $104.26. The firm has a market cap of $67.17 billion, a price-to-earnings ratio of 28.36, a P/E/G ratio of 1.05 and a beta of 1.03.

PACCAR (NASDAQ:PCAR – Get Free Report) last released its quarterly earnings data on Tuesday, January 27th. The company reported $1.06 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.06. PACCAR had a return on equity of 13.97% and a net margin of 8.35%.The firm had revenue of $4.61 billion during the quarter, compared to analyst estimates of $6.06 billion. During the same quarter in the prior year, the firm posted $1.66 earnings per share. The business’s quarterly revenue was down 15.1% compared to the same quarter last year. Equities analysts forecast that PACCAR Inc. will post 7.57 earnings per share for the current year.

PACCAR Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 4th. Shareholders of record on Wednesday, February 11th will be issued a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend is Wednesday, February 11th. PACCAR’s dividend payout ratio (DPR) is 29.27%.

Institutional Trading of PACCAR

A number of hedge funds and other institutional investors have recently modified their holdings of PCAR. Jackson Square Capital LLC lifted its position in PACCAR by 3.5% during the 4th quarter. Jackson Square Capital LLC now owns 2,650 shares of the company’s stock valued at $290,000 after acquiring an additional 90 shares during the period. Lakeside Advisors INC. increased its stake in shares of PACCAR by 0.3% during the fourth quarter. Lakeside Advisors INC. now owns 34,053 shares of the company’s stock valued at $3,729,000 after purchasing an additional 92 shares in the last quarter. Hazlett Burt & Watson Inc. lifted its holdings in shares of PACCAR by 53.8% during the second quarter. Hazlett Burt & Watson Inc. now owns 286 shares of the company’s stock valued at $28,000 after purchasing an additional 100 shares during the last quarter. D.B. Root & Company LLC boosted its position in shares of PACCAR by 3.8% in the 4th quarter. D.B. Root & Company LLC now owns 2,720 shares of the company’s stock worth $298,000 after purchasing an additional 100 shares in the last quarter. Finally, Fidelis Capital Partners LLC grew its stake in shares of PACCAR by 2.9% in the 2nd quarter. Fidelis Capital Partners LLC now owns 3,759 shares of the company’s stock worth $366,000 after buying an additional 105 shares during the last quarter. 64.90% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting PACCAR

Here are the key news stories impacting PACCAR this week:

  • Positive Sentiment: Analyst/market support: a handful of recent analyst moves (upgrades from underperform/“sell” to neutral/hold by some firms) and coverage noting PACCAR’s transition toward electrification are helping sentiment. Analyst coverage & company outlook
  • Neutral Sentiment: Earnings and dividend snapshot: Q1 EPS matched consensus ($1.06) but revenue missed materially (reported ~$4.61B vs. ~$6.06B expected); the company also announced a $0.33 quarterly dividend (ex‑div Feb 11). These are mixed fundamentals: EPS stability and a payout are supportive, while the revenue decline is a concern. Earnings & dividend details
  • Negative Sentiment: Large CEO sales: CEO R. Preston Feight sold a total of 18,516 shares across transactions on Jan. 30 and Feb. 2 (sales at ~$122–$123.65), trimming his stake by ~3.65%; SEC filing here. CEO sale SEC filing
  • Negative Sentiment: Very large EVP sale: EVP C. Michael Dozier sold 79,076 shares on Feb. 3 (~$10.1M at ~$127.92), cutting his position by ~69.5% — a notable red flag for many investors. SEC filing here. Dozier sale SEC filing
  • Negative Sentiment: Other senior sales: EVP Kevin D. Baney sold 9,672 shares (Feb. 3) — a ~43% reduction of his holding. VP Paulo Henrique Bolgar sold 12,183 shares (Jan. 30) and CFO Brice Poplawski sold 2,200 shares (Feb. 2), with the CFO’s stake falling sharply. These clustered, senior‑level sales increase downside risk to sentiment. Baney sale SEC filing Bolgar sale SEC filing CFO sale SEC filing
  • Neutral Sentiment: Media coverage: outlets (TipRanks/InsiderTrades/MarketBeat) are flagging the cluster of insider sales — increased scrutiny may amplify volatility even if filings show routine/planned transactions. TipRanks coverage

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on PCAR shares. UBS Group set a $103.00 target price on shares of PACCAR and gave the stock a “neutral” rating in a report on Wednesday, October 22nd. Truist Financial increased their price objective on PACCAR from $108.00 to $120.00 and gave the stock a “hold” rating in a report on Wednesday, January 28th. Wolfe Research raised PACCAR from an “underperform” rating to a “peer perform” rating in a research note on Wednesday, October 22nd. Wall Street Zen upgraded PACCAR from a “sell” rating to a “hold” rating in a report on Saturday. Finally, Zacks Research upgraded shares of PACCAR from a “strong sell” rating to a “hold” rating in a report on Monday, December 8th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and eleven have assigned a Hold rating to the stock. According to MarketBeat.com, PACCAR presently has an average rating of “Hold” and a consensus target price of $116.50.

Read Our Latest Stock Analysis on PCAR

About PACCAR

(Get Free Report)

PACCAR Inc is a global technology leader in the design, manufacture and customer support of light-, medium- and heavy-duty commercial vehicles. The company’s products are marketed under well-known brand names including Kenworth, Peterbilt and DAF and span vocational and long-haul applications. PACCAR’s core business includes vehicle engineering and assembly as well as the supply of components and proprietary powertrain systems designed to meet regulatory and customer performance requirements.

In addition to truck manufacturing, PACCAR operates a comprehensive aftermarket parts business, distributes used trucks and provides commercial vehicle financing and leasing through its financial services operations.

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