Neuberger Berman Group LLC Decreases Stake in PACCAR by 0.7% in Fourth Quarter

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The company is also involved in the financial services industry, offering leasing and financing services for its customers. The reduced stake of Neuberger Berman Group LLC suggests that it may have altered its overall investment strategy with regard to PACCAR ($NASDAQ:PCAR) Inc and its stock. This could be due to factors such as the company’s recent performance or a change in the investment outlook of Neuberger Berman Group LLC.

In addition, the filing also highlights Neuberger Berman Group LLC’s other investments in the period, which may provide insight into their broader strategic decisions in the markets. By tracking changes in the relative stakes of investors such as Neuberger Berman Group LLC, investors can gain an understanding of the shifting positions of those with substantial resources in the markets. Overall, the reduced stake of Neuberger Berman Group LLC in PACCAR Inc is indicative of a shift in their strategy that may have been prompted by market movements or other factors. By keeping track of filings such as Form 13F, investors can gain valuable insights into the decisions of large investors and how they adjust their holdings in the markets.

Analysis

At GoodWhale, we have conducted an analysis of PACCAR INC‘s wellbeing. Based on our Risk Rating system, we have determined that PACCAR INC is a medium risk investment in terms of financial and business aspects. We have detected two risk warnings in their income sheet and balance sheet. Register with us to check it out and get a better understanding of the company’s overall financial and business performance. We can provide you with the data you need to make informed decisions about your investments. More…

About the Company

Income Snapshot

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Cash Flow Snapshot

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Balance Sheet Snapshot

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Key Ratios Snapshot

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Peers

PACCAR Inc is one of the world’s leading truck manufacturers. The company’s main competitors are Oshkosh Corp, Daimler Truck Holding AG, Caterpillar Inc. PACCAR Inc manufactures and sells a wide range of trucks and related parts and services. The company operates in three segments: Truck, Parts, and Financial Services. PACCAR Inc is headquartered in Bellevue, Washington, and has manufacturing facilities in the United States, Mexico, Australia, the Netherlands, and the United Kingdom.

– Oshkosh Corp ($NYSE:OSK)

Oshkosh Corporation is a leading manufacturer and marketer of access equipment, specialty vehicles and vehicle bodies for the primary markets of defense, concrete placement, refuse hauling, access equipment, and fire & emergency. Oshkosh Corporation manufactures, sells and services products under the brands of Oshkosh®, JLG®, Pierce®, McNeilus®, Jerr-Dan®, Frontline™, CON-E-CO®, London® and IMT®.

– Daimler Truck Holding AG ($OTCPK:DTRUY)

Daimler Truck Holding AG is a holding company that provides trucks and services for the transportation sector. The company has a market capitalization of 21.1 billion as of 2022 and a return on equity of 8.52%. Daimler Truck Holding AG operates in three segments: Daimler Trucks, Daimler Buses, and Daimler Financial Services. The company offers a range of trucks for different applications, including heavy-duty trucks, medium-duty trucks, and light-duty trucks. Daimler Truck Holding AG also provides financing, leasing, and insurance services for its customers.

– Caterpillar Inc ($NYSE:CAT)

Caterpillar Inc.’s market capitalization is 97.35 billion as of 2022. Its return on equity is 33.83%. The company manufactures construction and mining equipment, diesel and natural gas engines, and industrial gas turbines. It also provides financing and leasing services through its subsidiaries.

Summary

Neuberger Berman Group LLC, a major shareholder, reduced its holdings of PACCAR Inc by 0.7% in the quarter. This news sparked an increase in the analysis of PACCAR Inc’s stock due to the uncertainty of its future. Analysts have been carefully examining the company’s financials, management structure, and competitive landscape in order to gain a better understanding of potential returns in the stock. Despite the uncertainty, investors remain optimistic about the potential for long-term growth in the company due to its positive track record and ability to adjust to market forces.