After this afternoon's -1.7% drop to $97.66 per share, PACCAR might just keep moving past its target price of $101.66. With an average analyst rating of hold, and target prices from $81.0 to $129.0, the stock's next move is anyone's guess.
PACCAR's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 2.7%. The stock's short ratio is 5.61. The company's insiders own 1.93% 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 74.0%. In conclusion, we believe there is mixed market sentiment regarding PACCAR.
Institutions Invested in PACCAR
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2025-03-31 | Vanguard Group Inc | 12% | 62,995,929 | $6,152,182,656 |
| 2025-03-31 | Blackrock Inc. | 7% | 35,497,581 | $3,466,693,890 |
| 2025-03-31 | State Street Corporation | 4% | 22,316,408 | $2,179,420,487 |
| 2025-03-31 | Wellington Management Group, LLP | 4% | 20,177,930 | $1,970,576,717 |
| 2025-03-31 | Bank of America Corporation | 3% | 13,857,580 | $1,353,331,313 |
| 2025-03-31 | Geode Capital Management, LLC | 2% | 12,295,821 | $1,200,809,923 |
| 2025-03-31 | Massachusetts Financial Services Co. | 2% | 11,754,939 | $1,147,987,385 |
| 2025-03-31 | FMR, LLC | 2% | 7,905,686 | $772,069,323 |
| 2025-03-31 | Morgan Stanley | 1% | 7,369,697 | $719,724,636 |
| 2025-03-31 | Northern Trust Corporation | 1% | 7,239,967 | $707,055,203 |
