PACCAR Inc. $PCAR is Mengis Capital Management Inc.’s 9th Largest Position

Posted by Stanley Muller on Jun 20th, 2026

Mengis Capital Management Inc. raised its holdings in PACCAR Inc. (NASDAQ:PCAR – Free Report) by 16.1% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 111,486 shares of the company’s stock after acquiring an additional 15,440 shares during the quarter. PACCAR makes up 2.1% of Mengis Capital Management Inc.’s holdings, making the stock its 9th largest holding. Mengis Capital Management Inc.’s holdings in PACCAR were worth $12,209,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of PCAR. Ares Financial Consulting LLC bought a new stake in shares of PACCAR during the fourth quarter worth $27,000. MCF Advisors LLC grew its holdings in shares of PACCAR by 57.5% in the fourth quarter. MCF Advisors LLC now owns 252 shares of the company’s stock worth $28,000 after purchasing an additional 92 shares during the last quarter. Elyxium Wealth LLC purchased a new position in PACCAR in the 4th quarter worth about $30,000. Wealth Watch Advisors INC purchased a new position in PACCAR in the 3rd quarter worth about $32,000. Finally, Camelot Portfolios LLC purchased a new position in PACCAR in the 4th quarter worth about $33,000. Hedge funds and other institutional investors own 64.90% of the company’s stock.

PACCAR Stock Performance

PCAR stock opened at $118.95 on Friday. The company has a debt-to-equity ratio of 0.52, a current ratio of 3.11 and a quick ratio of 2.91. The business has a 50-day moving average price of $117.64 and a 200 day moving average price of $118.00. The company has a market capitalization of $62.60 billion, a P/E ratio of 25.31, a PEG ratio of 1.10 and a beta of 0.98. PACCAR Inc. has a 1-year low of $90.05 and a 1-year high of $131.88.

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

PACCAR Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Wednesday, May 13th were issued a $0.35 dividend. The ex-dividend date was Wednesday, May 13th. This represents a $1.40 annualized dividend and a dividend yield of 1.2%. This is an increase from PACCAR’s previous quarterly dividend of $0.33. PACCAR’s dividend payout ratio (DPR) is presently 29.79%.

Analyst Ratings Changes

Several equities research analysts have issued reports on PCAR shares. JPMorgan Chase & Co. lowered their price objective on shares of PACCAR from $150.00 to $140.00 and set an “overweight” rating for the company in a research report on Wednesday, April 29th. Weiss Ratings downgraded shares of PACCAR from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, May 21st. BNP Paribas Exane began coverage on shares of PACCAR in a research report on Tuesday, March 31st. They set a “neutral” rating and a $126.00 target price on the stock. Truist Financial lifted their price target on shares of PACCAR from $120.00 to $126.00 and gave the company a “hold” rating in a research note on Wednesday, April 29th. Finally, 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. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and eleven have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, PACCAR has a consensus rating of “Hold” and a consensus price target of $122.00.

Read Our Latest Report on PCAR

About PACCAR

(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.