PACCAR (PCAR)

• Market cap: $54.8B
• 1 day: -1.88%
• 5 days: -1.03%
• 1 month: -5.13%
• 3 months: -8.41%
• 6 months: 8.79%
• Year to date: 1.01%
• 1 year: -3.87%
• 5 years: 107.92%
• 10 years: 145.15%
• 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 Q4 regulatory filings by fund managers ($100M+ AUM)

69% more first-time investments, than exits

New positions opened: 142 | Existing positions closed: 84

8% more capital invested

Capital invested by funds: $35.2B [Q3] → $38B (+$2.81B) [Q4]

7% more funds holding in top 10

Funds holding in top 10: 15 [Q3] → 16 (+1) [Q4]

2% more funds holding

Funds holding: 942 [Q3] → 959 (+17) [Q4]

1.49% more ownership

Funds ownership: 68.02% [Q3] → 69.51% (+1.49%) [Q4]

6% more repeat investments, than reductions

Existing positions increased: 349 | Existing positions reduced: 329

5% more call options, than puts

Call options by funds: $154M | Put options by funds: $147M

Research analyst outlook

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

• Low target: $113 8% upside
• Avg. target: $121 16% upside
• High target: $132 26% upside

6 analyst ratings

• positive: 3 50%
• neutral: 3 50%
• negative: 0 0%

Evercore ISI Group David Raso 85% 1-year accuracy 17 / 20 met price target	22% upside $127	Outperform Maintained	19 Feb 2025
JP Morgan Tami Zakaria 44% 1-year accuracy 15 / 34 met price target	26% upside $132	Overweight Maintained	3 Feb 2025
Truist Securities Jamie Cook 60% 1-year accuracy 54 / 90 met price target	8% upside $113	Hold Maintained	29 Jan 2025
Citigroup Kyle Menges 54% 1-year accuracy 14 / 26 met price target	10% upside $115	Neutral Maintained	14 Jan 2025
B of A Securities Ross Gilardi 60% 1-year accuracy 3 / 5 met price target	16% upside $122	Buy Upgraded	14 Jan 2025