447,398 Shares in PACCAR Inc. $PCAR Bought by Korea Investment CORP

Posted by Francis Steltz on Aug 23rd, 2026

Korea Investment CORP purchased a new position in PACCAR Inc. (NASDAQ:PCAR – Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 447,398 shares of the company’s stock, valued at approximately $53,741,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Ares Financial Consulting LLC bought a new position in shares of PACCAR during the 4th quarter worth about $27,000. Paladin Partners LLC bought a new stake in PACCAR in the 2nd quarter valued at about $27,000. MCF Advisors LLC increased its position in PACCAR by 57.5% in the 4th quarter. MCF Advisors LLC now owns 252 shares of the company’s stock valued at $28,000 after buying an additional 92 shares in the last quarter. Steph & Co. acquired a new position in PACCAR during the 1st quarter worth approximately $29,000. Finally, Elyxium Wealth LLC acquired a new position in PACCAR during the 4th quarter worth approximately $30,000. 64.90% of the stock is owned by institutional investors.

PACCAR Price Performance

Shares of NASDAQ PCAR opened at $131.03 on Friday. The stock has a market cap of $68.97 billion, a price-to-earnings ratio of 27.53, a PEG ratio of 1.03 and a beta of 0.97. The company has a debt-to-equity ratio of 0.49, a quick ratio of 2.90 and a current ratio of 3.12. PACCAR Inc. has a fifty-two week low of $92.25 and a fifty-two week high of $139.24. The firm’s 50-day simple moving average is $126.48 and its 200 day simple moving average is $121.90.

PACCAR (NASDAQ:PCAR – Get Free Report) last issued its quarterly earnings data on Tuesday, July 28th. The company reported $1.43 EPS for the quarter, topping analysts’ consensus estimates of $1.36 by $0.07. The firm had revenue of $7.55 billion during the quarter, compared to analyst estimates of $7.05 billion. PACCAR had a return on equity of 12.73% and a net margin of 9.00%.The company’s revenue for the quarter was up .5% on a year-over-year basis. During the same period in the previous year, the company posted $1.37 EPS. As a group, research analysts anticipate that PACCAR Inc. will post 5.89 earnings per share for the current fiscal year.

PACCAR Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 2nd. Investors of record on Wednesday, August 12th will be given a dividend of $0.35 per share. The ex-dividend date of this dividend is Wednesday, August 12th. This represents a $1.40 annualized dividend and a dividend yield of 1.1%. PACCAR’s payout ratio is presently 29.41%.

Insider Buying and Selling

In related news, CFO Brice J. Poplawski sold 1,970 shares of the company’s stock in a transaction on Friday, July 31st. The stock was sold at an average price of $132.50, for a total transaction of $261,025.00. Following the completion of the sale, the chief financial officer owned 1,391 shares in the company, valued at approximately $184,307.50. This represents a 58.61% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO R Preston Feight sold 50,975 shares of the stock in a transaction on Friday, July 31st. The shares were sold at an average price of $133.07, for a total value of $6,783,243.25. Following the completion of the sale, the chief executive officer directly owned 268,625 shares of the company’s stock, valued at $35,745,928.75. The trade was a 15.95% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 56,842 shares of company stock worth $7,565,677. 1.99% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on PCAR. JPMorgan Chase & Co. raised their price objective on PACCAR from $155.00 to $164.00 and gave the company an “overweight” rating in a research note on Wednesday, July 29th. Evercore set a $139.00 target price on PACCAR in a research report on Monday, May 11th. Sanford C. Bernstein reiterated an “outperform” rating and issued a $148.00 target price on shares of PACCAR in a report on Wednesday, July 29th. Citigroup lifted their price target on shares of PACCAR from $125.00 to $140.00 and gave the company a “neutral” rating in a research report on Thursday, July 30th. Finally, Morgan Stanley set a $119.00 price target on shares of PACCAR in a research note on Wednesday, July 29th. Two equities research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $131.70.

Check Out Our Latest Analysis on PACCAR

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.