144,643 Shares in PACCAR Inc. $PCAR Bought by Varma Mutual Pension Insurance Co

Posted by Geri Gentry on Aug 23rd, 2026

Varma Mutual Pension Insurance Co bought a new position in shares of PACCAR Inc. (NASDAQ:PCAR – Free Report) during the second quarter, Holdings Channel reports. The fund bought 144,643 shares of the company’s stock, valued at approximately $17,375,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Ares Financial Consulting LLC purchased a new position in PACCAR in the 4th quarter worth about $27,000. Paladin Partners LLC purchased a new stake in PACCAR during the second quarter valued at about $27,000. MCF Advisors LLC lifted its stake in PACCAR by 57.5% during the fourth 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 shares of PACCAR in the first quarter worth about $29,000. Finally, Elyxium Wealth LLC acquired a new position in shares of PACCAR in the fourth quarter worth about $30,000. Institutional investors and hedge funds own 64.90% of the company’s stock.

PACCAR Price Performance

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

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

PACCAR Announces Dividend

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

Insider Activity at PACCAR

In other PACCAR news, CEO R Preston Feight sold 50,975 shares of PACCAR stock in a transaction on Friday, July 31st. The shares were sold at an average price of $133.07, for a total transaction of $6,783,243.25. Following the completion of the sale, the chief executive officer owned 268,625 shares of the company’s stock, valued at $35,745,928.75. This trade represents a 15.95% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, VP William Lance Walters sold 1,000 shares of PACCAR stock in a transaction on Friday, July 31st. The shares were sold at an average price of $133.50, for a total transaction of $133,500.00. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 56,842 shares of company stock worth $7,565,677 in the last quarter. 1.99% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on PCAR shares. Morgan Stanley set a $119.00 target price on shares of PACCAR in a research report on Wednesday, July 29th. Truist Financial upped their price target on shares of PACCAR from $126.00 to $131.00 and gave the company a “hold” rating in a research report on Thursday, July 2nd. JPMorgan Chase & Co. raised their price objective on shares of PACCAR from $155.00 to $164.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 29th. Citigroup lifted their price objective on shares of PACCAR from $125.00 to $140.00 and gave the stock a “neutral” rating in a research report on Thursday, July 30th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of PACCAR in a research note on Tuesday. Two equities research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, PACCAR currently has a consensus rating of “Hold” and a consensus target price of $131.70.

Check Out Our Latest Analysis 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.