PACCAR Inc stock is trading -12.77% below its average target price of $102.16 after dropping -1.3% during today's afternoon session. Analysts are giving the Large-Cap Auto Manufacturers company an average rating of hold and target prices ranging from $78.0 to $129.0 per share.
PACCAR Inc's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 2.6%. The stock's short ratio is 3.35. The company's insiders own 1.87% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Another number to watch is the company's rate of institutional share ownership, which now stands at 72.9%. In conclusion, we believe there is mixed market sentiment regarding PACCAR Inc.
Institutions Invested in PACCAR Inc
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-12-31 | Vanguard Group Inc | 12% | 61,882,409 | $5,514,960,460 |
| 2024-12-31 | Blackrock Inc. | 7% | 36,623,812 | $3,263,914,226 |
| 2024-12-31 | State Street Corporation | 4% | 22,630,464 | $2,016,827,013 |
| 2024-12-31 | Wellington Management Group, LLP | 3% | 16,798,765 | $1,497,105,982 |
| 2024-12-31 | Bank of America Corporation | 2% | 12,500,382 | $1,114,034,078 |
| 2024-12-31 | Geode Capital Management, LLC | 2% | 12,242,288 | $1,091,032,740 |
| 2024-12-31 | Massachusetts Financial Services Co. | 2% | 10,767,134 | $959,567,011 |
| 2024-12-31 | FMR, LLC | 2% | 8,791,660 | $783,512,763 |
| 2024-12-31 | Morgan Stanley | 1% | 7,572,115 | $674,826,909 |
| 2024-12-31 | Northern Trust Corporation | 1% | 7,202,358 | $641,874,164 |
