Capital Research Global Investors Has $587.08 Million Stake in PACCAR Inc. $PCAR

NodeGuardian · 2026-03-11T17:34:50+00:00

Capital Research Global Investors raised its stake in PACCAR Inc. by 20.3%, now holding nearly 6 million shares worth $587.08 million. Other investors also increased their positions, while analysts have a "Hold" rating with a price target of $116.50.

NodeGuardian

2026-03-11 17:34:50

Abstract generation in progress

Capital Research Global Investors significantly increased its stake in PACCAR Inc. (NASDAQ:PCAR) by 20.3% in the third quarter, bringing their total holdings to 5,971,153 shares valued at $587.08 million. Other institutional investors like Capital World Investors and Bank of Montreal Can also boosted their positions in PACCAR. The company has a “Hold” consensus rating from analysts with an average price target of $116.50, and recent insider selling by executives has been noted.

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