PACCAR (PCAR)

• Market cap: $57.7B
• 1 day: 0.20%
• 5 days: 0.56%
• 1 month: 5.12%
• 3 months: 6.03%
• 6 months: 13.35%
• Year to date: 6.42%
• 1 year: 8.96%
• 5 years: 112.76%
• 10 years: 155.78%
• 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]

4% less repeat investments, than reductions

Existing positions increased: 359 | Existing positions reduced: 375

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: 71 | Existing positions closed: 122

Research analyst outlook

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

• Low target: $112 2% upside
• Avg. target: $120 9% upside
• High target: $129 17% upside

7 analyst ratings

• positive: 3 43%
• neutral: 4 57%
• negative: 0 0%

Truist Securities Jamie Cook 80% 1-year accuracy 69 / 86 met price target	2% upside $112	Hold Maintained	16 Jan 2025
Citigroup Kyle Menges 67% 1-year accuracy 16 / 24 met price target	4% upside $115	Neutral Maintained	14 Jan 2025
B of A Securities Ross Gilardi 75% 1-year accuracy 3 / 4 met price target	10% upside $122	Buy Upgraded	14 Jan 2025
JP Morgan Tami Zakaria 57% 1-year accuracy 17 / 30 met price target	14% upside $125	Overweight Maintained	13 Jan 2025
Jefferies Stephen Volkmann 27% 1-year accuracy 3 / 11 met price target	9% upside $120	Hold Downgraded	6 Dec 2024