Royal London Asset Management Ltd. Cuts Stock Holdings in PACCAR Inc. $PCAR

Posted by Brenda Bartman on Jun 13th, 2026

Royal London Asset Management Ltd. reduced its position in shares of PACCAR Inc. (NASDAQ:PCAR – Free Report) by 1.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 912,871 shares of the company’s stock after selling 12,080 shares during the period. Royal London Asset Management Ltd. owned 0.17% of PACCAR worth $99,969,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Norges Bank purchased a new position in PACCAR in the fourth quarter worth approximately $727,745,000. UBS Group AG grew its position in PACCAR by 74.4% in the fourth quarter. UBS Group AG now owns 4,548,861 shares of the company’s stock worth $498,146,000 after acquiring an additional 1,940,260 shares during the period. American Century Companies Inc. grew its position in PACCAR by 235.9% in the third quarter. American Century Companies Inc. now owns 2,540,688 shares of the company’s stock worth $249,801,000 after acquiring an additional 1,784,236 shares during the period. Capital Research Global Investors grew its position in PACCAR by 20.3% in the third quarter. Capital Research Global Investors now owns 5,971,153 shares of the company’s stock worth $587,084,000 after acquiring an additional 1,009,134 shares during the period. Finally, California Public Employees Retirement System grew its position in PACCAR by 93.2% in the fourth quarter. California Public Employees Retirement System now owns 2,077,002 shares of the company’s stock worth $227,452,000 after acquiring an additional 1,001,687 shares during the period. Institutional investors and hedge funds own 64.90% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently commented on PCAR shares. JPMorgan Chase & Co. lowered their price target on 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 lowered PACCAR from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, May 21st. Citigroup restated a “neutral” rating and set a $125.00 price target (down from $130.00) on shares of PACCAR in a research report on Thursday, April 30th. Sanford C. Bernstein restated an “outperform” rating on shares of PACCAR in a research report on Tuesday, February 24th. Finally, Wells Fargo & Company set a $125.00 price target on PACCAR and gave the stock an “equal weight” rating in a research report on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and eleven have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $122.00.

Read Our Latest Stock Analysis on PCAR

PACCAR Stock Up 0.8%

Shares of NASDAQ PCAR opened at $118.52 on Friday. The stock has a market cap of $62.38 billion, a P/E ratio of 25.22, a PEG ratio of 1.09 and a beta of 0.98. The company has a current ratio of 3.11, a quick ratio of 2.91 and a debt-to-equity ratio of 0.52. PACCAR Inc. has a 12-month low of $90.05 and a 12-month high of $131.88. The business’s fifty day simple moving average is $117.65 and its 200-day simple moving average is $117.48.

PACCAR (NASDAQ:PCAR – Get Free Report) last announced 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 for the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same period last year, the firm earned $1.46 earnings per share. As a group, equities analysts predict that PACCAR Inc. will post 5.59 EPS for the current fiscal year.

PACCAR Increases Dividend

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

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.