PACCARPCAR
About: Paccar is a leading manufacturer of medium- and heavy-duty trucks under the premium nameplates Kenworth and Peterbilt, which are primarily sold in the Americas and Australia, and DAF, which primarily services Europe and South America. The trucks segment (74% sales) goes to market through a network of 2,200 independent dealers. Paccar maintains an internal finance subsidiary that provides retail and wholesale financing for customers and dealers (6% sales). In recent years, Paccar has aggressively grown its parts business (20% sales), which include engines, axles, and transmissions for its own truck brands as well as independent producers. The company commands approximately 30% of the Class 8 market share in North America and 15% of the heavy-duty market share in Europe.
Employees: 30,100
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
22% more repeat investments, than reductions
Existing positions increased: 401 | Existing positions reduced: 329
4% more first-time investments, than exits
New positions opened: 104 | Existing positions closed: 100
0.25% less ownership
Funds ownership: 69.8% [Q4 2024] → 69.55% (-0.25%) [Q1 2025]
2% less funds holding
Funds holding: 998 [Q4 2024] → 983 (-15) [Q1 2025]
7% less capital invested
Capital invested by funds: $38.1B [Q4 2024] → $35.5B (-$2.61B) [Q1 2025]
13% less funds holding in top 10
Funds holding in top 10: 16 [Q4 2024] → 14 (-2) [Q1 2025]
39% less call options, than puts
Call options by funds: $87.5M | Put options by funds: $144M
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
Citigroup Kyle Menges | 3%upside $100 | Neutral Maintained | 24 Jun 2025 |
Evercore ISI Group David Raso | 18%upside $115 | Outperform Maintained | 19 May 2025 |
RBC Capital Nick Housden | 0%downside $97 | Sector Perform Maintained | 8 May 2025 |
JP Morgan Tami Zakaria | 7%downside $90 | Neutral Downgraded | 30 Apr 2025 |
Morgan Stanley Angel Castillo | 1%downside $96 | Equal-Weight Downgraded | 16 Apr 2025 |
Financial journalist opinion
Based on 6 articles about PCAR published over the past 30 days
