PACCAR (NASDAQ:PCAR) Stock Price Target Lowered at JPMorgan Chase & Co.

Posted by Geri Gentry on Oct 8th, 2026

PACCAR (NASDAQ:PCAR – Get Free Report) had its price target decreased by research analysts at JPMorgan Chase & Co. from $164.00 to $142.00 in a research report issued to clients and investors on Thursday, Benzinga reports. The brokerage currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price objective would indicate a potential upside of 29.49% from the stock’s current price.

A number of other equities research analysts have also recently commented on PCAR. Wells Fargo & Company set a $122.00 price objective on shares of PACCAR and gave the stock an “equal weight” rating in a research note on Thursday. Morgan Stanley set a $125.00 target price on shares of PACCAR and gave the company an “equal weight” rating in a research note on Friday, September 4th. Weiss Ratings reissued a “hold (c+)” rating on shares of PACCAR in a report on Tuesday, August 18th. Sanford C. Bernstein restated an “outperform” rating and set a $148.00 price target on shares of PACCAR in a research report on Wednesday, July 29th. Finally, Truist Financial set a $125.00 price objective on shares of PACCAR and gave the stock a “hold” rating in a research report on Monday. Three equities research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $128.18.

View Our Latest Report on PACCAR

PACCAR Stock Performance

Shares of PCAR stock traded up $2.80 on Thursday, hitting $109.66. The company had a trading volume of 3,769,382 shares, compared to its average volume of 3,203,057. The firm has a market cap of $57.72 billion, a P/E ratio of 23.04, a price-to-earnings-growth ratio of 1.25 and a beta of 0.98. The company has a 50-day moving average price of $122.93 and a 200-day moving average price of $120.76. The company has a quick ratio of 2.90, a current ratio of 3.12 and a debt-to-equity ratio of 0.49. PACCAR has a twelve month low of $92.25 and a twelve month high of $139.24.

PACCAR (NASDAQ:PCAR – Get Free Report) last posted its 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 firm had revenue of $7.55 billion for 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%.PACCAR’s revenue for the quarter was up .5% compared to the same quarter last year. During the same period last year, the company earned $1.37 earnings per share. As a group, equities research analysts predict that PACCAR will post 5.91 earnings per share for the current fiscal year.

Insider Activity at PACCAR

In related news, VP Paulo Henrique Bolgar sold 2,897 shares of the firm’s stock in a transaction dated Friday, July 31st. The shares were sold at an average price of $133.90, for a total value of $387,908.30. Following the transaction, the vice president directly owned 3,831 shares of the company’s stock, valued at approximately $512,970.90. This trade represents a 43.06% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Brice J. Poplawski sold 1,970 shares of the firm’s stock in a transaction dated Friday, July 31st. The shares were sold at an average price of $132.50, for a total transaction of $261,025.00. Following the completion of the transaction, the chief financial officer directly owned 1,391 shares in the company, valued at $184,307.50. This represents a 58.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 56,842 shares of company stock worth $7,565,677 in the last ninety days. 1.99% of the stock is owned by company insiders.

Institutional Investors Weigh In On PACCAR

Large investors have recently bought and sold shares of the company. Pinnacle Wealth Management Advisory Group LLC lifted its holdings in shares of PACCAR by 2.9% during the second quarter. Pinnacle Wealth Management Advisory Group LLC now owns 3,141 shares of the company’s stock worth $377,000 after buying an additional 89 shares in the last quarter. CX Institutional boosted its position in shares of PACCAR by 2.0% in the third quarter. CX Institutional now owns 4,780 shares of the company’s stock valued at $525,000 after acquiring an additional 96 shares during the period. Bleakley Financial Group LLC grew its stake in shares of PACCAR by 1.0% in the first quarter. Bleakley Financial Group LLC now owns 10,835 shares of the company’s stock valued at $1,252,000 after acquiring an additional 103 shares in the last quarter. Avalon Trust Co grew its stake in shares of PACCAR by 13.7% in the first quarter. Avalon Trust Co now owns 995 shares of the company’s stock valued at $115,000 after acquiring an additional 120 shares in the last quarter. Finally, Burney Co. increased its position in PACCAR by 1.3% during the first quarter. Burney Co. now owns 9,667 shares of the company’s stock worth $1,117,000 after acquiring an additional 126 shares during the period. 64.90% of the stock is currently owned by hedge funds and other institutional investors.

PACCAR Company Profile

(Get Free Report)

PACCAR Inc is a global manufacturer of heavy-duty trucks and related transportation products. The company designs, develops and markets trucks under the Kenworth, Peterbilt and DAF brands, serving the long-haul, construction, vocational and distribution markets.

In addition to complete trucks, PACCAR provides diesel and electric powertrains, engines, parts and related aftermarket services. Its PACCAR Parts business distributes replacement parts and accessories through a network of distribution centers and dealerships, while PACCAR Financial offers retail and wholesale financing and leasing services to customers and dealers.

Founded in 1905, PACCAR has grown from a regional equipment manufacturer into an international transportation company.