Paccar Inc

PACCAR reported Q2 net income of $752 million and EPS $1.43, up 4% year‑over‑year and 24% sequentially, on essentially flat revenue of $7.55 billion. Deliveries fell about 2% globally, but higher build rates, stronger orders and improved freight rates supported results while PACCAR Parts posted record revenue and higher truck-segment pretax profit. PACCAR Financial Services saw rising provisions for receivable losses despite improving used-truck values, and the company reiterated elevated 2026 capital spending and R&D guidance to invest in next‑generation powertrains and manufacturing capacity. » Mere på finance.yahoo.com

PACCAR materially beat analyst estimates in the second quarter of 2026 with EPS of $1.43 and revenue of $7.55 billion. The company has consistently met earnings expectations over the past four quarters and saw eight positive earnings revisions in the last 90 days. A rise in truck production volumes and positive results from competitors such as Daimler Truck pushed the stock to a new 52-week high of about $134.27. » Mere på de.investing.com

Paccar's stock rose to a record high of $131.89 and is currently trading at $132.93, with a market capitalization of $69.34 billion and a P/E ratio of 27.81. Over the past 12 months the stock has gained 32.95%. PACCAR reported Q1 2026 revenue of $6.78 billion (forecast $6.47 billion) and EPS of $1.15; Wells Fargo raised its price target to $125 and maintained an "Equal Weight" rating. The company pays a quarterly cash dividend of $0.35 (pay date September 2, 2026), and analysts point to risks from declining aftermarket parts sales and possible policy changes to the excise tax on heavy trucks. » Mere på de.investing.com

Two US senators proposed ending the 12% federal excise tax on heavy-duty trucks, a levy said to add $15,000–$30,000 to the price of a new truck and to encourage continued use of older models. Lawmakers argue repeal would accelerate replacement with safer, more fuel-efficient trucks and could increase demand for new commercial vehicles. Paccar, which manufactures heavy- and medium-duty trucks under brands including Kenworth, Peterbilt and DAF, stands to benefit if truck sales rise. » Mere på finance.yahoo.com

Paccar shares rose about 3% after reports that two US senators have proposed eliminating the 12% federal excise tax on heavy commercial vehicles. Todd Young and Angela Alsobrooks argue the tax raises the price of new vehicles by $15,000–30,000 and encourages the use of older trucks. Repealing the levy could spur sales of newer, cleaner truck models. » Mere på de.investing.com