Dividend Flows Coverage: The $0.24 mark is well within reach for PACCAR Inc. (NASDAQ:PCAR).

Dividend Flows Coverage: The $0.24 mark is well within reach for PACCAR Inc. (NASDAQ:PCAR).

PACCAR Inc. (NASDAQ:PCAR) is expected to pay $0.24 on Dec 2, 2016. The indicated annual dividend is $0.96. Shareholders owning the stock before Nov 16, 2016 will be eligible to receive the payout. Based on PACCAR Inc.’s current price of $59.55, the dividend is 0.40%. This dividend’s record date is Nov 18, 2016 and the announcement date is Sep 13, 2016. The stock increased 0.64% or $0.38 during the last trading session, hitting $59.55. PACCAR Inc (NASDAQ:PCAR) has risen 7.18% since April 13, 2016 and is uptrending. It has outperformed by 3.25% the S&P500.

PACCAR Inc is a global technology firm engaged in the design, manufacture and customer support of trucks. The company has a market cap of $20.47 billion. The Firm operates in three divisions: the Truck segment, which includes the design, manufacture and distribution of light-, medium- and heavy-duty commercial trucks; the Parts segment, which includes the distribution of aftermarket parts for trucks and related commercial vehicles, and the Financial Services segment, which includes the finance and leasing products, and services provided to clients and dealers. It has a 36.29 P/E ratio. PACCAR’s other businesses include a division of the Company, which makes industrial winches in over two the United States plants and markets them under the Braden, Carco and Gearmatic nameplates.

Insitutional Activity: The institutional sentiment increased to 1.12 in Q2 2016. Its up 0.22, from 0.9 in 2016Q1. The ratio improved, as 39 funds sold all PACCAR Inc shares owned while 147 reduced positions. 50 funds bought stakes while 158 increased positions. They now own 212.86 million shares or 4.21% less from 222.22 million shares in 2016Q1.
Marshall And Sullivan Incorporated Wa last reported 0.12% of its portfolio in the stock. Stifel Fincl last reported 148,860 shares in the company. The Ontario – Canada-based Manufacturers Life Insur The has invested 0.03% in PACCAR Inc (NASDAQ:PCAR). Panagora Asset Mgmt has invested 0.02% of its portfolio in PACCAR Inc (NASDAQ:PCAR). Wetherby Asset Mgmt has 6,323 shares for 0.07% of their US portfolio. Nomura Holdg last reported 0% of its portfolio in the stock. World has invested 0.17% of its portfolio in PACCAR Inc (NASDAQ:PCAR). Whittier Trust Of Nevada, a Nevada-based fund reported 861 shares. Meeder Asset Management Inc has 0% invested in the company for 2 shares. Toronto Dominion Bankshares last reported 1,932 shares in the company. Neuberger Berman Group Ltd Com accumulated 0% or 6,998 shares. State Board Of Administration Of Florida Retirement System holds 0.08% or 513,622 shares in its portfolio. Marathon Asset Limited Liability Partnership holds 0.18% of its portfolio in PACCAR Inc (NASDAQ:PCAR) for 166,373 shares. Clifford Swan Investment Counsel Ltd Limited Liability Company owns 4,450 shares or 0.02% of their US portfolio. Us Bankshares De holds 2.44M shares or 0.48% of its portfolio.

Insider Transactions: Since November 3, 2016, the stock had 0 buys, and 5 sales for $9.17 million net activity. 36,008 shares with value of $2.16M were sold by Christensen Robert J. on Thursday, November 10. Another trade for 4,032 shares valued at $224,421 was sold by DOZIER C MICHAEL. PIGOTT MARK C sold 112,266 shares worth $6.23 million. The insider Moore Gary Lee sold 6,546 shares worth $389,186. $165,708 worth of PACCAR Inc (NASDAQ:PCAR) shares were sold by Quinn T. Kyle.

PACCAR Inc (NASDAQ:PCAR) Ratings Coverage

Out of 19 analysts covering Paccar Inc (NASDAQ:PCAR), 5 rate it a “Buy”, 3 “Sell”, while 11 “Hold”. This means 26% are positive. Paccar Inc has been the topic of 40 analyst reports since July 30, 2015 according to StockzIntelligence Inc. The firm has “Underperform” rating given on Tuesday, July 19 by Longbow. The stock of PACCAR Inc (NASDAQ:PCAR) has “Neutral” rating given on Friday, October 9 by JP Morgan. As per Thursday, September 1, the company rating was maintained by Jefferies. The stock of PACCAR Inc (NASDAQ:PCAR) earned “Equal Weight” rating by Morgan Stanley on Friday, July 31. The stock of PACCAR Inc (NASDAQ:PCAR) has “Neutral” rating given on Monday, March 14 by JP Morgan. The rating was initiated by Deutsche Bank on Wednesday, September 7 with “Hold”. Goldman Sachs downgraded PACCAR Inc (NASDAQ:PCAR) rating on Friday, June 3. Goldman Sachs has “Neutral” rating and $63 price target. The firm earned “Hold” rating on Tuesday, August 4 by Evercore. Argus Research initiated PACCAR Inc (NASDAQ:PCAR) on Friday, May 20 with “Hold” rating. The stock of PACCAR Inc (NASDAQ:PCAR) has “Neutral” rating given on Monday, January 4 by Robert W. Baird.

More news for PACCAR Inc (NASDAQ:PCAR) were recently published by: Forbes.com, which released: “Ex-Dividend Reminder: Gildan Activewear, Metaldyne Performance Group and PACCAR” on November 14, 2016. Fool.com‘s article titled: “PACCAR Inc Sells Fewer Trucks, but Grows Market Share in Third Quarter” and published on October 28, 2016 is yet another important article.

PCAR Company Profile

PACCAR Inc (PACCAR), incorporated on November 19, 1971, is a global technology firm engaged in the design, manufacture and customer support of trucks. The Firm operates in three divisions: the Truck segment, which includes the design, manufacture and distribution of light-, medium- and heavy-duty commercial trucks; the Parts segment, which includes the distribution of aftermarket parts for trucks and related commercial vehicles, and the Financial Services segment, which includes the finance and leasing products, and services provided to clients and dealers. PACCAR’s other businesses include a division of the company, which makes industrial winches in over two the United States plants and markets them under the Braden, Carco and Gearmatic nameplates.

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