Is Daimler truck stock a buy?
Daimler Truck Holding AG has a consensus rating of Moderate Buy, which is based on 6 buy ratings, 4 hold ratings and 1 sell ratings. The average share price target for Daimler Truck Holding AG is 42. This is based on 11 Wall Streets Analysts 12-month price targets, issued in the past 3 months. Leinfelden-Echterdingen – At the Annual General Meeting of Daimler Truck Holding AG (Daimler Truck), a dividend of €1. Based on the current share price, this represents a dividend yield of around 5%. The distribution will take place on June 2, 2025.
Who is the biggest shareholder of Daimler?
The Mercedes-Benz Group is the largest individual shareholder of Daimler Truck Holding AG. Other major shareholders include the Mercedes-Benz Pension Trust e. V. Kuwait Investment Authority. In February 2022, Daimler was renamed Mercedes-Benz Group as part of a transaction that spun-off its commercial vehicle segment as an independent company, Daimler Truck. The Mercedes-Benz Group’s marques are Mercedes-Benz for cars and vans (including Mercedes-AMG and Mercedes-Maybach).
Is Daimler owned by Jaguar?
In 2013, Jaguar Cars was merged with Land Rover to form Jaguar Land Rover Limited, and the rights to the Daimler car brand were transferred to the newly formed British multinational car manufacturer Jaguar Land Rover. Jaguar Cars and Land Rover were both purchased in 2008 by Tata Motors and fully joined into Jaguar Land Rover Limited in 2013. Tata Motors owns several other automotive operations worldwide in the commercial vehicle segment and the passenger vehicle segment.