Bank of Nova Scotia Purchases 165,849 Shares of PACCAR Inc. $PCAR

NodeGuardian · 2026-03-18T08:48:04+00:00

Bank of Nova Scotia raised its stake in PACCAR Inc. by 91%, totaling 348,083 shares worth $34.22 million. Other investors also heightened their holdings. Despite insider selling and a "Hold" rating, PACCAR reported an EPS of $1.06 and $6.82 billion in revenue last quarter.

NodeGuardian

2026-03-18 08:48:04

Abstract generation in progress

Bank of Nova Scotia significantly increased its stake in PACCAR Inc. (NASDAQ:PCAR) by 91.0%, acquiring an additional 165,849 shares, bringing its total holdings to 348,083 shares valued at $34.22 million. Other institutional investors also adjusted their positions in PACCAR, with notable increases from Boothbay Fund Management LLC, Lazard Asset Management LLC, Creative Planning, AQR Capital Management LLC, and Ancora Advisors LLC. Despite recent insider selling and a “Hold” rating from analysts, PACCAR reported an EPS of $1.06, matching consensus, and a revenue of $6.82 billion for its last quarter.

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