Wells Fargo has initiated coverage on Paccar Inc (PCAR) with an Equal-Weight rating, marking the firm's first assessment of the company's investment potential. As of November 13, 2025, Paccar's stock is priced at $95.59.
Paccar, headquartered in Bellevue, Washington, is a global technology company specializing in the design and manufacture of light, medium, and heavy-duty trucks. The company employs 30,100 full-time staff and operates within the machinery industry. Its Truck segment encompasses the design, manufacture, and distribution of commercial trucks, while the Parts segment focuses on aftermarket parts. Additionally, Paccar offers finance and leasing services related to its products.
The company's market capitalization is $51.8 billion, with a price-to-earnings (P/E) ratio of 19.25 and earnings per share (EPS) of $5.11. Paccar also boasts a dividend yield of 134.1%.
Upcoming earnings reports are scheduled for July 19, 2026, with an estimated EPS of $1.56 and revenue of $8.0 billion, and April 26, 2026, with an estimated EPS of $1.24 and revenue of $6.8 billion. Recent earnings performance showed a Q3 2025 EPS of $1.12, falling short of the estimated $1.19, reflecting a surprise of -5.8%. Analysts currently have a consensus rating of Buy, with 5 Strong Buy, 6 Buy, 15 Hold, 1 Sell, and no Strong Sell ratings among 27 total analysts.
The move underscores Wells Fargo's assessment of Paccar's position in the market, as analyst ratings provide insights based on research and financial models. Such evaluations should be considered alongside company fundamentals and industry trends.