Resona Asset Management Co. Ltd. Cuts Stake in PACCAR Inc. $PCAR

Posted by George Bondi on May 20th, 2026

Resona Asset Management Co. Ltd. lowered its holdings in shares of PACCAR Inc. (NASDAQ:PCAR – Free Report) by 4.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 157,999 shares of the company’s stock after selling 7,466 shares during the quarter. Resona Asset Management Co. Ltd.’s holdings in PACCAR were worth $17,357,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Jackson Square Capital LLC grew its holdings in PACCAR by 3.5% during the 4th quarter. Jackson Square Capital LLC now owns 2,650 shares of the company’s stock valued at $290,000 after buying an additional 90 shares in the last quarter. Lakeside Advisors INC. grew its holdings in PACCAR by 0.3% during the 4th quarter. Lakeside Advisors INC. now owns 34,053 shares of the company’s stock valued at $3,729,000 after buying an additional 92 shares in the last quarter. D.B. Root & Company LLC grew its holdings in PACCAR by 3.8% during the 4th quarter. D.B. Root & Company LLC now owns 2,720 shares of the company’s stock valued at $298,000 after buying an additional 100 shares in the last quarter. First Pacific Financial grew its holdings in PACCAR by 11.1% during the 4th quarter. First Pacific Financial now owns 1,058 shares of the company’s stock valued at $116,000 after buying an additional 106 shares in the last quarter. Finally, Fulton Bank N.A. grew its holdings in PACCAR by 3.2% during the 4th quarter. Fulton Bank N.A. now owns 3,458 shares of the company’s stock valued at $379,000 after buying an additional 107 shares in the last quarter. Hedge funds and other institutional investors own 64.90% of the company’s stock.

PACCAR Price Performance

NASDAQ:PCAR opened at $109.38 on Wednesday. The firm has a market capitalization of $57.57 billion, a price-to-earnings ratio of 23.27, a PEG ratio of 1.04 and a beta of 1.02. PACCAR Inc. has a 1 year low of $90.05 and a 1 year high of $131.88. The business has a 50 day simple moving average of $118.32 and a 200-day simple moving average of $115.63. The company has a debt-to-equity ratio of 0.52, a current ratio of 3.11 and a quick ratio of 2.91.

PACCAR (NASDAQ:PCAR – Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $1.15 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.15. The business had revenue of $6.78 billion during the quarter, compared to analyst estimates of $6.44 billion. PACCAR had a return on equity of 12.81% and a net margin of 8.91%.The company’s revenue for the quarter was down 9.8% on a year-over-year basis. During the same period last year, the company earned $1.46 EPS. Equities analysts forecast that PACCAR Inc. will post 5.59 EPS for the current year.

PACCAR Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 3rd. Investors of record on Wednesday, May 13th will be paid a dividend of $0.35 per share. The ex-dividend date of this dividend is Wednesday, May 13th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.3%. This is an increase from PACCAR’s previous quarterly dividend of $0.33. PACCAR’s dividend payout ratio is 29.79%.

Wall Street Analyst Weigh In

Several research firms have weighed in on PCAR. JPMorgan Chase & Co. cut their price target on PACCAR from $150.00 to $140.00 and set an “overweight” rating for the company in a report on Wednesday, April 29th. Citigroup restated a “neutral” rating and set a $125.00 price target (down from $130.00) on shares of PACCAR in a report on Thursday, April 30th. Sanford C. Bernstein restated an “outperform” rating on shares of PACCAR in a report on Tuesday, February 24th. Wells Fargo & Company set a $125.00 price target on PACCAR and gave the company an “equal weight” rating in a report on Wednesday, April 29th. Finally, BNP Paribas Exane began coverage on PACCAR in a report on Tuesday, March 31st. They set a “neutral” rating and a $126.00 price target for the company. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $122.00.

View Our Latest Stock Report on PCAR

PACCAR Profile

(Free Report)

PACCAR Inc is a global technology leader in the design, manufacture and customer support of light-, medium- and heavy-duty commercial vehicles. The company’s products are marketed under well-known brand names including Kenworth, Peterbilt and DAF and span vocational and long-haul applications. PACCAR’s core business includes vehicle engineering and assembly as well as the supply of components and proprietary powertrain systems designed to meet regulatory and customer performance requirements.

In addition to truck manufacturing, PACCAR operates a comprehensive aftermarket parts business, distributes used trucks and provides commercial vehicle financing and leasing through its financial services operations.