Wabtec (NYSE:WAB) Stock Has Consensus Target Price of $313.82 According to Brokerages

Shares of Wabtec (NYSE:WAB) have been given an average recommendation of “Moderate Buy” by the twelve research firms that are presently covering the company, MarketBeat reports. Two analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $313.82.

WAB has been the subject of several recent research reports. Citigroup raised their target price on shares of Wabtec from $311.00 to $341.00 and gave the company a “buy” rating in a report on Thursday, August 13th. KeyCorp upped their price target on shares of Wabtec from $308.00 to $340.00 and gave the company an “overweight” rating in a report on Thursday, July 23rd. JPMorgan Chase & Co. increased their price target on shares of Wabtec from $315.00 to $320.00 and gave the company a “neutral” rating in a research report on Monday. Wells Fargo & Company raised their price objective on shares of Wabtec from $284.00 to $315.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 23rd. Finally, Morgan Stanley lifted their price objective on Wabtec from $318.00 to $355.00 and gave the stock an “overweight” rating in a research report on Thursday, July 23rd.

Trending Headlines about Wabtec

Here are the key news stories impacting Wabtec this week:

• Positive Sentiment: Major Africa services contract: Wabtec secured a rail-services agreement worth more than $700 million with La Compagnie du TransGuinéen for Guinea’s Simandou mining and logistics project. Including previously announced locomotive orders, Wabtec’s Simandou-related agreements now exceed $1.2 billion. The deal expands recurring services revenue and deepens the company’s African presence. Wabtec Secures $700M+ Rail Services Deal, Expands Africa Footprint
• Positive Sentiment: Brazil locomotive order: Brazilian rail operator MRS Logística plans to invest approximately $254 million, or 1.3 billion Brazilian reais, in new Wabtec locomotives and fleet modernization. The order supports near-term equipment demand and reinforces Wabtec’s position in Latin American freight rail. Wabtec Lands $254MM MRS Logistics Contract
• Positive Sentiment: Supportive analyst view: Bank of America reiterated a Buy rating and a $322 price target, citing Wabtec’s expanding international services business and robust backlog. This target implies additional upside from the recent trading level. Analyst Reiterates Buy on Wabtec
• Neutral Sentiment: Battery-electric locomotive testing: Union Pacific deployed its first two battery-electric locomotives in Southern California for real-world testing. The development is a positive validation of zero-emission rail technology, but testing does not yet represent a confirmed Wabtec order or material near-term revenue opportunity.
• Negative Sentiment: Valuation and timing concerns: The stock’s decrease suggests investors may be locking in gains or focusing on the time required for these international contracts to contribute to results. With a price-to-earnings ratio near 39 and shares close to their 52-week high, stronger evidence of earnings conversion may be needed for further gains.

Insider Buying and Selling

In other news, CEO Rafael Santana sold 1,163 shares of the company’s stock in a transaction on Monday, July 6th. The stock was sold at an average price of $262.07, for a total value of $304,787.41. Following the sale, the chief executive officer directly owned 122,914 shares in the company, valued at $32,212,071.98. This represents a 0.94% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Eric Gebhardt sold 7,100 shares of the stock in a transaction on Friday, July 24th. The shares were sold at an average price of $299.27, for a total value of $2,124,817.00. Following the sale, the chief technology officer directly owned 19,153 shares in the company, valued at approximately $5,731,918.31. The trade was a 27.04% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 17,628 shares of company stock valued at $5,220,523. Company insiders own 0.57% of the company’s stock.

Hedge Funds Weigh In On Wabtec

Hedge funds have recently made changes to their positions in the business. BlackRock Inc. purchased a new stake in Wabtec during the 2nd quarter worth $3,741,077,000. State Street Corp raised its position in Wabtec by 2.1% in the second quarter. State Street Corp now owns 7,905,748 shares of the transportation company’s stock valued at $2,131,390,000 after purchasing an additional 164,806 shares during the period. Geode Capital Management LLC raised its position in Wabtec by 0.9% in the fourth quarter. Geode Capital Management LLC now owns 4,366,157 shares of the transportation company’s stock valued at $928,249,000 after purchasing an additional 38,029 shares during the period. Amundi lifted its stake in shares of Wabtec by 43.9% during the second quarter. Amundi now owns 1,580,919 shares of the transportation company’s stock worth $426,216,000 after purchasing an additional 482,323 shares in the last quarter. Finally, Norges Bank purchased a new stake in shares of Wabtec in the fourth quarter worth about $409,039,000. Hedge funds and other institutional investors own 91.69% of the company’s stock.

Wabtec Stock Down 0.9%

Wabtec stock opened at $289.62 on Friday. Wabtec has a fifty-two week low of $186.06 and a fifty-two week high of $306.64. The firm has a market capitalization of $48.92 billion, a price-to-earnings ratio of 38.93, a price-to-earnings-growth ratio of 1.96 and a beta of 0.92. The stock’s fifty day moving average is $289.03 and its two-hundred day moving average is $270.18. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.59 and a current ratio of 1.12.

Wabtec (NYSE:WAB) last released its quarterly earnings results on Wednesday, July 22nd. The transportation company reported $2.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.60 by $0.16. Wabtec had a return on equity of 15.10% and a net margin of 10.59%.The business had revenue of $3.18 billion during the quarter, compared to the consensus estimate of $3.07 billion. During the same quarter in the previous year, the company posted $2.27 EPS. The business’s revenue was up 17.5% on a year-over-year basis. Wabtec has set its FY 2026 guidance at 10.600-10.900 EPS. Analysts predict that Wabtec will post 10.89 EPS for the current fiscal year.

Wabtec Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Tuesday, August 18th were given a dividend of $0.31 per share. The ex-dividend date of this dividend was Tuesday, August 18th. This represents a $1.24 annualized dividend and a yield of 0.4%. Wabtec’s dividend payout ratio (DPR) is presently 16.67%.

Wabtec Company Profile

Westinghouse Air Brake Technologies Corporation, known as Wabtec, is a global provider of equipment, systems, and services for the freight and transit rail industries. The company develops technologies designed to improve the safety, efficiency, reliability, and environmental performance of rail transportation.

Wabtec’s products and services include locomotives and locomotive components, braking systems, rail-control and signaling technologies, digital train-management solutions, and equipment for freight cars and passenger rail vehicles.