PACCAR (PCAR)

• Market cap: $55.5B
• 1 day: 0.67%
• 5 days: -0.81%
• 1 month: -3.85%
• 3 months: -7.91%
• 6 months: 13.10%
• Year to date: 2.46%
• 1 year: -0.67%
• 5 years: 112.64%
• 10 years: 146.59%
• Sector: Consumer Discretionary
• Industry: Motor Vehicles & Passenger Car Bodies

About: Paccar is a leading manufacturer of medium- and heavy-duty trucks under the premium brands Kenworth and Peterbilt, which are primarily sold in the NAFTA region and Australia, and DAF trucks, which are sold in Europe and South America. The company's trucks are sold through over 2,300 independent dealers globally. Paccar Financial Services provides retail and wholesale financing for customers and dealers, respectively. The company commands about 30% of the Class 8 market share in North America and 17% of the heavy-duty market share in Europe.

Employees: 32,400

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

71% more call options, than puts

Call options by funds: $169M | Put options by funds: $98.9M

7% more funds holding in top 10

Funds holding in top 10: 14 [Q2] → 15 (+1) [Q3]

5% less repeat investments, than reductions

Existing positions increased: 359 | Existing positions reduced: 376

1.36% less ownership

Funds ownership: 69.38% [Q2] → 68.02% (-1.36%) [Q3]

6% less capital invested

Capital invested by funds: $37.4B [Q2] → $35.2B (-$2.27B) [Q3]

6% less funds holding

Funds holding: 1,003 [Q2] → 940 (-63) [Q3]

42% less first-time investments, than exits

New positions opened: 70 | Existing positions closed: 121

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $113 7% upside
• Avg. target: $120 14% upside
• High target: $132 25% upside

5 analyst ratings

• positive: 2 40%
• neutral: 3 60%
• negative: 0 0%

JP Morgan Tami Zakaria 36% 1-year accuracy 12 / 33 met price target	25% upside $132	Overweight Maintained	3 Feb 2025
Truist Securities Jamie Cook 62% 1-year accuracy 55 / 89 met price target	7% upside $113	Hold Maintained	29 Jan 2025
Citigroup Kyle Menges 54% 1-year accuracy 14 / 26 met price target	9% upside $115	Neutral Maintained	14 Jan 2025
B of A Securities Ross Gilardi 60% 1-year accuracy 3 / 5 met price target	15% upside $122	Buy Upgraded	14 Jan 2025
Jefferies Stephen Volkmann 18% 1-year accuracy 2 / 11 met price target	13% upside $120	Hold Downgraded	6 Dec 2024