Wabtec (NYSE:WAB) Price Target Raised to $315.00

Wabtec (NYSE:WAB) had its target price boosted by Wells Fargo & Company from $284.00 to $315.00 in a research note published on Thursday,Benzinga reports. Wells Fargo & Company currently has an equal weight rating on the transportation company’s stock.

Several other equities analysts also recently issued reports on WAB. Citigroup reduced their price objective on shares of Wabtec from $313.00 to $311.00 and set a “buy” rating on the stock in a research note on Monday, July 13th. Rothschild & Co Redburn raised shares of Wabtec from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $262.00 to $285.00 in a research note on Thursday, March 26th. JPMorgan Chase & Co. boosted their price target on Wabtec from $290.00 to $300.00 and gave the company a “neutral” rating in a report on Monday, July 13th. Wolfe Research reissued an “outperform” rating and set a $303.00 price target on shares of Wabtec in a research note on Thursday, April 23rd. Finally, Jefferies Financial Group restated a “buy” rating and set a $290.00 price objective (down from $300.00) on shares of Wabtec in a report on Tuesday, March 31st. Ten equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Wabtec presently has a consensus rating of “Moderate Buy” and a consensus target price of $310.64.

Wabtec Trading Up 1.4%

Shares of WAB stock opened at $302.22 on Thursday. The company has a market capitalization of $51.05 billion, a price-to-earnings ratio of 40.62, a PEG ratio of 2.06 and a beta of 0.94. The company has a current ratio of 1.12, a quick ratio of 0.54 and a debt-to-equity ratio of 0.44. The firm has a 50-day moving average price of $265.80 and a 200 day moving average price of $255.16. Wabtec has a twelve month low of $184.26 and a twelve month high of $302.96.

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. The company had revenue of $3.18 billion for the quarter, compared to analysts’ expectations of $3.07 billion. Wabtec had a net margin of 10.59% and a return on equity of 15.10%. The firm’s revenue for the quarter was up 17.5% compared to the same quarter last year. During the same period last year, the company earned $2.27 EPS. Wabtec has set its FY 2026 guidance at 10.600-10.900 EPS. Research analysts forecast that Wabtec will post 10.86 earnings per share for the current fiscal year.

Wabtec Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Tuesday, August 18th will be given a $0.31 dividend. The ex-dividend date of this dividend is Tuesday, August 18th. This represents a $1.24 annualized dividend and a dividend yield of 0.4%. Wabtec’s dividend payout ratio (DPR) is currently 16.67%.

Insider Buying and Selling

In related news, CEO Rafael Santana sold 1,163 shares of the business’s stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $262.07, for a total value of $304,787.41. Following the completion of the sale, the chief executive officer directly owned 122,914 shares in the company, valued at approximately $32,212,071.98. The trade was a 0.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Sameer Gaur sold 1,082 shares of the company’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $263.50, for a total transaction of $285,107.00. Following the transaction, the insider directly owned 11,985 shares of the company’s stock, valued at $3,158,047.50. This trade represents a 8.28% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 5,734 shares of company stock valued at $1,504,571. 0.57% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the company. Guggenheim Capital LLC boosted its holdings in Wabtec by 7.4% in the second quarter. Guggenheim Capital LLC now owns 4,938 shares of the transportation company’s stock valued at $1,034,000 after acquiring an additional 342 shares during the last quarter. Bank of Nova Scotia increased its stake in Wabtec by 0.5% during the second quarter. Bank of Nova Scotia now owns 17,890 shares of the transportation company’s stock worth $3,745,000 after acquiring an additional 97 shares during the last quarter. Nebula Research & Development LLC increased its stake in Wabtec by 208.7% during the second quarter. Nebula Research & Development LLC now owns 5,386 shares of the transportation company’s stock worth $1,128,000 after acquiring an additional 3,641 shares during the last quarter. Treasurer of the State of North Carolina raised its holdings in shares of Wabtec by 11.6% in the 2nd quarter. Treasurer of the State of North Carolina now owns 92,097 shares of the transportation company’s stock worth $19,281,000 after purchasing an additional 9,545 shares during the period. Finally, Ieq Capital LLC raised its holdings in shares of Wabtec by 19.2% in the 2nd quarter. Ieq Capital LLC now owns 30,352 shares of the transportation company’s stock worth $6,354,000 after purchasing an additional 4,889 shares during the period. 91.69% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Wabtec

Here are the key news stories impacting Wabtec this week:

• Positive Sentiment: Wabtec beat Q2 expectations with EPS of $2.76 on revenue of $3.18 billion, and management lifted FY2026 guidance to $10.60-$10.90 in adjusted EPS, reinforcing the company’s earnings momentum. Wabtec Shares Rise After 2Q Earnings Beat Estimates
• Positive Sentiment: Analysts turned more constructive after results, with JPMorgan, Wells Fargo, Stephens, KeyCorp, and Susquehanna all raising price targets, while several firms reiterated overweight/positive views. These Analysts Raise Their Forecasts On Wabtec After Upbeat Q2 Results
• Positive Sentiment: Multiple technical commentary pieces pointed to bullish momentum, including a golden cross signal and a move above the 50-day moving average, which can attract momentum investors. Westinghouse Air Brake Technologies (WAB) Just Flashed Golden Cross Signal: Do You Buy?
• Positive Sentiment: Wabtec also announced a reported $1 billion deal with an Australian company during earnings, adding to optimism around future growth opportunities. Wabtec CEO unveils $1B deal with Australian company during earnings
• Neutral Sentiment: Commentary highlighted Wabtec as a strong momentum stock and noted a new 52-week high, but these were largely follow-up pieces reflecting the post-earnings rally rather than new fundamental catalysts. Westinghouse Air Brake Technologies (WAB) is a Great Momentum Stock: Should You Buy?

Wabtec Company Profile

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.