Wabtec (NYSE:WAB) Given New $270.00 Price Target at Wells Fargo & Company

Wabtec (NYSE:WAB) had its price objective boosted by Wells Fargo & Company from $224.00 to $270.00 in a research report report published on Friday,Benzinga reports. Wells Fargo & Company currently has an equal weight rating on the transportation company’s stock.

A number of other brokerages have also recently issued reports on WAB. Weiss Ratings restated a “buy (b)” rating on shares of Wabtec in a research note on Wednesday, January 21st. Citigroup lifted their target price on shares of Wabtec from $258.00 to $283.00 and gave the company a “buy” rating in a research report on Thursday. Morgan Stanley upped their target price on shares of Wabtec from $257.00 to $264.00 and gave the company an “overweight” rating in a research note on Monday, January 12th. JPMorgan Chase & Co. raised their price target on shares of Wabtec from $215.00 to $245.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 14th. Finally, Wolfe Research raised Wabtec from a “peer perform” rating to an “outperform” rating and set a $245.00 price objective on the stock in a report on Thursday, January 8th. Eight analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $263.90.

Wabtec Trading Up 1.1%

Wabtec stock opened at $256.68 on Friday. The business has a 50 day moving average price of $226.37 and a two-hundred day moving average price of $207.20. The company has a quick ratio of 0.75, a current ratio of 1.11 and a debt-to-equity ratio of 0.38. Wabtec has a 12 month low of $151.81 and a 12 month high of $262.40. The stock has a market cap of $43.88 billion, a price-to-earnings ratio of 37.58, a price-to-earnings-growth ratio of 1.69 and a beta of 1.01.

Wabtec (NYSE:WAB) last released its quarterly earnings data on Wednesday, February 11th. The transportation company reported $2.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.08 by $0.02. The business had revenue of $2.97 billion for the quarter, compared to analysts’ expectations of $2.86 billion. Wabtec had a return on equity of 14.12% and a net margin of 10.48%.Wabtec’s quarterly revenue was up 14.8% on a year-over-year basis. During the same period in the previous year, the business posted $1.68 earnings per share. Wabtec has set its FY 2026 guidance at 10.050-10.450 EPS. As a group, equities analysts forecast that Wabtec will post 8.54 EPS for the current year.

Wabtec announced that its Board of Directors has approved a stock repurchase program on Wednesday, February 11th that allows the company to buyback $1.20 billion in outstanding shares. This buyback authorization allows the transportation company to buy up to 2.9% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s board believes its shares are undervalued.

Wabtec Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Investors of record on Tuesday, February 17th will be given a dividend of $0.31 per share. This is a boost from Wabtec’s previous quarterly dividend of $0.25. The ex-dividend date is Tuesday, February 17th. This represents a $1.24 dividend on an annualized basis and a yield of 0.5%. Wabtec’s dividend payout ratio is currently 14.53%.

Insider Activity at Wabtec

In related news, insider Michael Fetsko sold 5,058 shares of the firm’s stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $215.72, for a total value of $1,091,111.76. Following the completion of the sale, the insider owned 36,882 shares of the company’s stock, valued at $7,956,185.04. This trade represents a 12.06% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Rafael Santana sold 1,798 shares of the company’s stock in a transaction on Tuesday, February 10th. The shares were sold at an average price of $245.71, for a total transaction of $441,786.58. Following the sale, the chief executive officer owned 118,749 shares of the company’s stock, valued at $29,177,816.79. The trade was a 1.49% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 15,673 shares of company stock worth $3,420,576. 1.10% of the stock is owned by insiders.

Hedge Funds Weigh In On Wabtec

Several institutional investors have recently modified their holdings of WAB. MGO One Seven LLC raised its position in shares of Wabtec by 283.7% in the 2nd quarter. MGO One Seven LLC now owns 4,412 shares of the transportation company’s stock valued at $924,000 after acquiring an additional 3,262 shares during the period. Sequoia Financial Advisors LLC increased its stake in Wabtec by 4.6% in the second quarter. Sequoia Financial Advisors LLC now owns 5,353 shares of the transportation company’s stock valued at $1,121,000 after purchasing an additional 233 shares in the last quarter. Atria Wealth Solutions Inc. raised its holdings in Wabtec by 44.7% in the second quarter. Atria Wealth Solutions Inc. now owns 3,410 shares of the transportation company’s stock worth $714,000 after purchasing an additional 1,054 shares during the period. NorthRock Partners LLC boosted its position in shares of Wabtec by 34.5% during the second quarter. NorthRock Partners LLC now owns 1,703 shares of the transportation company’s stock worth $357,000 after purchasing an additional 437 shares in the last quarter. Finally, Sagespring Wealth Partners LLC grew its holdings in shares of Wabtec by 38.1% in the 2nd quarter. Sagespring Wealth Partners LLC now owns 3,028 shares of the transportation company’s stock valued at $634,000 after buying an additional 835 shares during the period. 91.69% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Wabtec

Here are the key news stories impacting Wabtec this week:

• Positive Sentiment: Q4 beat and raised FY‑2026 guidance — Wabtec reported stronger-than-expected Q4 revenue and EPS and issued upbeat FY‑2026 guidance, supporting near‑term earnings visibility and margin outlook. Read More.
• Positive Sentiment: $1.2 billion share repurchase authorized — the board approved a buyback that could reduce share count by ~2.9%, a direct EPS support and signal of management confidence. Read More.
• Positive Sentiment: Acquisition of Dellner Couplers completed — adds safety‑critical passenger‑rail coupler technology and expands Wabtec’s transit product footprint, improving cross‑sell opportunities in passenger systems. Read More.
• Positive Sentiment: Analysts lifting forecasts and price targets — multiple shops raised estimates and targets after Q4, including material upgrades that can draw buy‑side interest. Read More.
• Positive Sentiment: Composite rating and market sentiment improving — third‑party composite score coverage shows rising quality/strength metrics, which can support momentum flows. Read More.
• Neutral Sentiment: Large rail orders in the market — major customers (e.g., CSX) are issuing sizable locomotive contracts that expand the addressable market; upside to Wabtec depends on bid wins and delivery timing. Read More.
• Neutral Sentiment: Momentum investor pieces highlight Wabtec as a buy candidate — useful for flows but not a fundamental driver by itself. Read More.
• Negative Sentiment: CEO insider sale disclosed — Rafael Santana sold ~1,798 shares (~$442k); modest in size versus his total holdings but some traders view insider sales as a caution. Read More.

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.