JPMorgan Chase & Co. Boosts Wabtec (NYSE:WAB) Price Target to $315.00

Wabtec (NYSE:WAB) had its price target increased by JPMorgan Chase & Co. from $300.00 to $315.00 in a note issued to investors on Thursday,Benzinga reports. The firm currently has a “neutral” rating on the transportation company’s stock. JPMorgan Chase & Co.‘s price target would indicate a potential upside of 6.46% from the company’s previous close.

Other analysts also recently issued reports about the stock. Stephens upgraded shares of Wabtec to a “strong-buy” rating in a research report on Wednesday, July 8th. Wolfe Research reiterated an “outperform” rating and issued a $303.00 target price on shares of Wabtec in a report on Thursday, April 23rd. Wells Fargo & Company boosted their price target on shares of Wabtec from $284.00 to $315.00 and gave the company an “equal weight” rating in a report on Thursday. Rothschild & Co Redburn upgraded shares of Wabtec from a “neutral” rating to a “buy” rating and upped their price objective for the company from $262.00 to $285.00 in a research report on Thursday, March 26th. Finally, Susquehanna lifted their target price on Wabtec from $305.00 to $340.00 and gave the stock a “positive” rating in a report on Thursday. Ten equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $310.64.

Wabtec Trading Up 2.0%

Shares of Wabtec stock traded up $5.89 on Thursday, hitting $295.89. 931,815 shares of the company’s stock traded hands, compared to its average volume of 918,630. The firm’s 50-day moving average price is $264.47 and its two-hundred day moving average price is $254.26. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.02 and a quick ratio of 0.54. The stock has a market capitalization of $50.21 billion, a PE ratio of 41.82, a price-to-earnings-growth ratio of 1.88 and a beta of 0.94. Wabtec has a one year low of $184.26 and a one year high of $298.14.

Wabtec (NYSE:WAB) last announced its quarterly earnings data on Wednesday, July 22nd. The transportation company reported $2.76 EPS for the quarter, topping analysts’ consensus estimates of $2.60 by $0.16. Wabtec had a return on equity of 14.52% and a net margin of 10.52%.The business had revenue of $3.18 billion during the quarter, compared to analysts’ expectations of $3.07 billion. During the same period in the previous year, the firm earned $2.27 earnings per share. The firm’s quarterly revenue was up 17.5% compared to the same quarter last year. Wabtec has set its FY 2026 guidance at 10.600-10.900 EPS. On average, research analysts expect that Wabtec will post 10.64 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Sameer Gaur sold 1,082 shares of the firm’s stock in a transaction on Friday, June 12th. The shares were sold at an average price of $263.50, for a total value of $285,107.00. Following the completion of the transaction, the insider owned 11,985 shares of the company’s stock, valued at approximately $3,158,047.50. This trade represents a 8.28% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Rafael Santana sold 1,163 shares of Wabtec stock in a transaction on Monday, June 8th. The shares were sold at an average price of $261.06, for a total transaction of $303,612.78. Following the completion of the sale, the chief executive officer owned 124,077 shares in the company, valued at $32,391,541.62. The trade was a 0.93% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 5,734 shares of company stock valued at $1,504,571. Insiders own 0.57% of the company’s stock.

Institutional Trading of Wabtec

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Meeder Advisory Services Inc. raised its stake in shares of Wabtec by 1.6% during the 1st quarter. Meeder Advisory Services Inc. now owns 2,471 shares of the transportation company’s stock worth $618,000 after purchasing an additional 38 shares in the last quarter. Hilltop Holdings Inc. raised its position in Wabtec by 3.9% during the fourth quarter. Hilltop Holdings Inc. now owns 1,069 shares of the transportation company’s stock worth $228,000 after acquiring an additional 40 shares in the last quarter. Apollon Wealth Management LLC lifted its stake in Wabtec by 1.6% in the first quarter. Apollon Wealth Management LLC now owns 3,081 shares of the transportation company’s stock valued at $770,000 after acquiring an additional 48 shares during the last quarter. IHT Wealth Management LLC grew its position in shares of Wabtec by 1.0% in the 4th quarter. IHT Wealth Management LLC now owns 4,856 shares of the transportation company’s stock valued at $1,037,000 after acquiring an additional 50 shares during the period. Finally, Carnegie Investment Counsel increased its stake in shares of Wabtec by 2.5% during the 4th quarter. Carnegie Investment Counsel now owns 2,051 shares of the transportation company’s stock worth $438,000 after purchasing an additional 51 shares during the last quarter. Institutional investors and hedge funds own 91.69% of the company’s stock.

Trending Headlines about Wabtec

Here are the key news stories impacting Wabtec this week:

• Positive Sentiment: Wabtec posted Q2 earnings of $2.76 per share, topping estimates, while revenue rose 17.5% to $3.18 billion on broad-based strength in freight and transit. Article title
• Positive Sentiment: The company raised FY2026 guidance to $12.3 billion-$12.6 billion in revenue and $10.60-$10.90 in adjusted EPS, signaling management confidence in continued demand and margin expansion. Article title
• Positive Sentiment: Several firms raised price targets after the results, including Susquehanna to $340, KeyCorp to $340, and Wells Fargo to $315, reflecting improved expectations for WAB’s earnings power. Article title
• Positive Sentiment: Technical coverage also turned bullish, with the stock crossing above the 20-day and 50-day moving averages and flashing a “golden cross” style signal, which can attract momentum investors. Article title
• Neutral Sentiment: Wabtec also had a series of momentum-focused articles highlighting the stock as a strong technical setup, reinforcing the recent investor enthusiasm rather than adding new fundamentals. Article title

About Wabtec

Wabtec Corporation (Westinghouse Air Brake Technologies Corporation) is a global provider of equipment, systems and services for the rail industry. The company supplies products and solutions to freight railroads, transit agencies and other industrial operators, focusing on technologies that improve the performance, safety and efficiency of locomotives and rail networks. Wabtec’s business spans new equipment manufacturing, aftermarket parts and services, and digital and control systems for rail operations.

Product and service offerings include locomotive systems and components, braking and air systems, propulsion and traction equipment, signaling and control technologies, and a range of aftermarket services such as maintenance, remanufacturing, parts distribution and fleet modernization.