Paccar Surges 3.68 on 164th-Ranked 760M Volume as Earnings Miss and Institutional Buys Clash

Market Snapshot

, 2026, , , ranking it 164th in volume among listed stocks. Despite this upward movement, , , . Over the preceding month, however, , .

Key Drivers

The recent performance of Paccar’s stock appears to be influenced by a combination of strong earnings expectations, institutional investment activity, and mixed quarterly results. Analysts anticipate robust financial results for the upcoming quarter, with consensus estimates projecting earnings per share (EPS) of $2.13, . Annual EPS is forecasted at $8.99, , while revenue is expected to reach $32.81 billion, . These projections, coupled with Paccar’s Zacks Rank of #2 (Buy), suggest optimism about its long-term growth trajectory.

Institutional confidence in the company has also risen, , . Other institutional investors, including Connor Clark & Lunn Investment Management and Assenagon Asset Management, have significantly increased their holdings in the second quarter of 2025. This institutional buying contrasts with the recent underperformance of Paccar’s stock, as the company’s latest quarterly results fell short of expectations. , despite beating revenue forecasts.

Valuation metrics further complicate the picture. , indicating it trades at a premium. , which factors in expected earnings growth, suggests the stock is fairly valued relative to peers in the Automotive - Domestic industry, . However, . This duality reflects investor optimism about Paccar’s long-term potential, tempered by concerns over its short-term financial execution.

Analyst sentiment remains divided. While Zacks Research upgraded Paccar to a “Hold” from “Strong Sell” in December 2025, other firms like Jefferies Financial Group and Raymond James Financial have maintained “Hold” ratings. The company’s recent dividend cut by CFO —selling 3,369 shares, reducing his stake by 88%—has also raised questions about insider confidence. Yet, . This divergence underscores the tension between Paccar’s strong earnings forecasts and its current operational challenges, such as declining revenue and margin pressures.

In summary, Paccar’s stock performance is driven by a mix of positive earnings expectations, growing institutional backing, and valuation premiums, offset by recent operational underperformance and mixed analyst guidance. Investors appear to balance near-term concerns with confidence in the company’s ability to meet long-term growth targets, particularly in the context of its strategic push toward electrification and market expansion.