PACCAR Honors 2025 Supplier Performance Winners
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 23 2026
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Should l Buy PCAR?
Source: Newsfilter
- Supplier Performance Evaluation: PACCAR utilizes its comprehensive Supplier Performance Management Program (SPM) to assess supplier achievements in product development, operations, and aftermarket support, driving collaboration and continuous improvement that enhance overall performance and product innovation.
- Annual Awards Presentation: Each year, PACCAR recognizes top-performing suppliers, with Horton receiving the 2025 SPM Master award, while notable SPM Leaders include Axalta and Cummins, highlighting their critical role in supporting PACCAR's success.
- Executive Commentary: PACCAR's Vice President of Global Purchasing, Brennan Gourdie, stated that the performance of the award-winning suppliers reflects the strength of their relationship with PACCAR and their high level of engagement, underscoring their contributions to the company's success.
- Company Background: As a global technology leader, PACCAR focuses on the design, manufacture, and customer support of high-quality trucks, while also providing advanced powertrains and financial services, showcasing its comprehensive strength and market position in the industry.
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Analyst Views on PCAR
Wall Street analysts forecast PCAR stock price to fall
10 Analyst Rating
3 Buy
7 Hold
0 Sell
Moderate Buy
Current: 112.750
Low
90.00
Averages
109.25
High
133.00
Current: 112.750
Low
90.00
Averages
109.25
High
133.00
About PCAR
PACCAR Inc is a multinational company operating in three principal industry segments. The Truck segment includes the design, manufacture and distribution of light-, medium- and heavy-duty commercial trucks. Heavy-duty trucks have a gross vehicle weight (GVW) of over 33,000 lbs (Class 8) in North America and over 16 metric tons in Europe and South America. Medium-duty trucks have a GVW ranging from 19,500 to 33,000 lbs (Class 6 to 7) in North America, and in Europe, light- and medium-duty trucks range between 6 and 16 metric tons. Trucks are configured with the engine in front of cab (conventional) or cab-over-engine (COE). The Parts segment includes the distribution of aftermarket parts for trucks and related commercial vehicles. The Financial Services segment includes finance and leasing products and services provided to customers and dealers. Its finance and leasing activities are principally related to the Company’s products and associated equipment.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Aurora's Expansion Plans: Aurora Innovation aims to expand its driverless fleet from 10 to approximately 200 trucks by the end of 2026, currently conducting night and adverse weather driving in Texas, marking a significant acceleration in its commercialization efforts.
- Kodiak's Long-Haul Service: Kodiak operates 10 driverless trucks in Texas and plans to launch long-haul driverless trucking services in the second half of the year, utilizing the state's highways for supervised freight, demonstrating its potential in autonomous commercialization.
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- Buy Rating and Price Target: Melius Research has assigned a ‘Buy’ rating to Tesla shares with a price target of $590, indicating a positive outlook for the company's future performance.
- Tesla Semi Deliveries: Deliveries of the Tesla Semi are slated to commence this year, marking an expansion into the commercial customer market, although its competitiveness in the trucking sector needs to be bolstered.
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- Supplier Performance Evaluation: PACCAR utilizes its comprehensive Supplier Performance Management Program (SPM) to assess supplier achievements in product development, operations, and aftermarket support, driving collaboration and continuous improvement that enhance overall performance and product innovation.
- Annual Awards Presentation: Each year, PACCAR recognizes top-performing suppliers, with Horton receiving the 2025 SPM Master award, while notable SPM Leaders include Axalta and Cummins, highlighting their critical role in supporting PACCAR's success.
- Executive Commentary: PACCAR's Vice President of Global Purchasing, Brennan Gourdie, stated that the performance of the award-winning suppliers reflects the strength of their relationship with PACCAR and their high level of engagement, underscoring their contributions to the company's success.
- Company Background: As a global technology leader, PACCAR focuses on the design, manufacture, and customer support of high-quality trucks, while also providing advanced powertrains and financial services, showcasing its comprehensive strength and market position in the industry.
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- Investor Confidence Impact: Executive stock transactions can influence investor confidence, particularly in the absence of additional information, potentially leading to short-term stock price volatility.
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See More
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- Autonomous Freight Innovation: Texas has emerged as a hotbed for companies transitioning from pilot testing to commercial driverless truck operations due to favorable regulations and long straight highways, showcasing the state's leadership in autonomous freight.
- Aurora's Expansion Plans: Aurora Innovation aims to expand its driverless fleet from 10 to approximately 200 trucks by the end of 2026, currently conducting night and adverse weather driving in Texas, marking a significant acceleration in its commercialization efforts.
- Kodiak's Long-Haul Service: Kodiak operates 10 driverless trucks in Texas and plans to launch long-haul driverless trucking services in the second half of the year, utilizing the state's highways for supervised freight, demonstrating its potential in autonomous commercialization.
- Einride's Collaborative Testing: Einride has partnered with SH 130 Concession Company to create a testbed on the Austin-San Antonio corridor focused on safety validation of autonomous highway operations, further solidifying Texas's position in the autonomous freight sector.
See More
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- Electrification Potential: Rising oil prices have highlighted the potential value of electrification and energy diversity, leading to increased attention on Tesla, although concerns about its service and parts distribution capabilities persist.
- Buy Rating and Price Target: Melius Research has assigned a ‘Buy’ rating to Tesla shares with a price target of $590, indicating a positive outlook for the company's future performance.
- Tesla Semi Deliveries: Deliveries of the Tesla Semi are slated to commence this year, marking an expansion into the commercial customer market, although its competitiveness in the trucking sector needs to be bolstered.
- Competitive Pressure: Compared to competitors like Paccar and Caterpillar, Tesla's lack of significant investment in post-delivery service may hinder its competitive position in the trucking market.
See More
PACCAR Honors 2025 Supplier Performance Winners
- Supplier Performance Evaluation: PACCAR utilizes its comprehensive Supplier Performance Management Program (SPM) to assess supplier achievements in product development, operations, and aftermarket support, driving collaboration and continuous improvement that enhance overall performance and product innovation.
- Annual Awards Presentation: Each year, PACCAR recognizes top-performing suppliers, with Horton receiving the 2025 SPM Master award, while notable SPM Leaders include Axalta and Cummins, highlighting their critical role in supporting PACCAR's success.
- Executive Commentary: PACCAR's Vice President of Global Purchasing, Brennan Gourdie, stated that the performance of the award-winning suppliers reflects the strength of their relationship with PACCAR and their high level of engagement, underscoring their contributions to the company's success.
- Company Background: As a global technology leader, PACCAR focuses on the design, manufacture, and customer support of high-quality trucks, while also providing advanced powertrains and financial services, showcasing its comprehensive strength and market position in the industry.
See More
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- Strong Market Performance: In 2026, farm and construction machinery stocks are soaring double digits in a sideways market, with Paccar, Caterpillar, and Deere significantly outperforming the S&P 500, indicating robust industry recovery and heightened investor confidence.
- Paccar's Impressive Earnings: Paccar's Q4 earnings report on January 27 revealed adjusted earnings of $1.06 per share and revenue of $6.8 billion, both exceeding analyst expectations, with the stock rising over 16% this year, reflecting strong demand in the heavy truck market.
- Caterpillar's Stellar Results: Caterpillar's Q4 results released on January 29 showed an 18% year-over-year revenue increase to $19.1 billion, surpassing market expectations, particularly driven by a 23% sales increase in its gas turbine division due to booming AI data center construction, with projections to double power generation equipment sales by 2030.
- Optimistic Industry Outlook: The heavy construction equipment market is forecasted to grow at an annual rate of 6.2% through 2034, reaching $372 billion, while the agriculture equipment market is expected to recover from a downturn, projected to grow at 8.6% annually through 2035, reaching $689 billion, indicating long-term investment potential.
See More
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- New Position Disclosure: Madison Asset Management disclosed a new position in MSA Safety, acquiring 568,244 shares valued at approximately $91 million, representing 1% of its $8.7 billion AUM, indicating confidence in the company's potential.
- Holding Rankings: Following this acquisition, MSA Safety remains outside Madison's top five holdings, which include ACGL, ROST, PCAR, GOOGL, and APH, reflecting the firm's ongoing commitment to a diversified investment strategy.
- Financial Performance: MSA Safety reported a trailing twelve-month revenue of $1.86 billion and a net income of $279.92 million, with a dividend yield of 1.13%, although its stock has underperformed the S&P 500 index over the past year, suggesting market caution regarding its growth prospects.
- Future Outlook: MSA Safety is scheduled to report its fourth-quarter results on February 11, where management is expected to provide guidance for 2026, and investors should pay attention to anticipated low-single-digit sales growth for the year ahead.
See More
Paccar VP Sells Shares
- Executive Stock Sale: Paccar's Vice President Paulo Henrique Bolgar sold 12,183 shares on January 30, 2026, indicating a personal financial decision by an executive regarding company stock.
- Market Reaction Insight: This stock sale may prompt market scrutiny of Paccar's future performance, although executive sales do not necessarily indicate changes in the company's fundamentals.
- Investor Confidence Impact: Executive stock transactions can influence investor confidence, particularly in the absence of additional information, potentially leading to short-term stock price volatility.
- Compliance and Transparency: Such transactions must adhere to SEC reporting requirements, ensuring market transparency and protecting investors' right to information.
See More
