PACCAR (PCAR)

• Market cap: $46.3B
• 1 day: 1.57%
• 5 days: -0.55%
• 1 month: -12.85%
• 3 months: -20.09%
• 6 months: -18.03%
• Year to date: -14.75%
• 1 year: -23.95%
• 5 years: 95.50%
• 10 years: 110.68%
• Sector: Industrials
• Industry: Farm & Heavy Construction Machinery

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

Employees: 30,100

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

78% more first-time investments, than exits

New positions opened: 153 | Existing positions closed: 86

10% more capital invested

Capital invested by funds: $34.7B [Q3] → $38.1B (+$3.35B) [Q4]

7% more funds holding in top 10

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

5% more funds holding

Funds holding: 943 [Q3] → 989 (+46) [Q4]

2.52% more ownership

Funds ownership: 67.22% [Q3] → 69.73% (+2.52%) [Q4]

6% more repeat investments, than reductions

Existing positions increased: 357 | Existing positions reduced: 336

5% more call options, than puts

Call options by funds: $155M | Put options by funds: $147M

Research analyst outlook

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

• Low target: $78 12% downside
• Avg. target: $102 15% upside
• High target: $127 44% upside

5 analyst ratings

• positive: 2 40%
• neutral: 2 40%
• negative: 1 20%

JP Morgan Tami Zakaria 26% 1-year accuracy 9 / 35 met price target	19% upside $105	Overweight Maintained	11 Apr 2025
Citigroup Kyle Menges 30% 1-year accuracy 11 / 37 met price target	8% upside $95	Neutral Maintained	8 Apr 2025
Truist Securities Jamie Cook 33% 1-year accuracy 29 / 88 met price target	18% upside $104	Hold Maintained	8 Apr 2025
UBS Steven Fisher 27% 1-year accuracy 8 / 30 met price target	12% downside $78	Sell Downgraded	7 Apr 2025
Evercore ISI Group David Raso 20% 1-year accuracy 4 / 20 met price target	44% upside $127	Outperform Maintained	19 Feb 2025