Wabtec (NYSE:WAB) Raised to Buy at Wall Street Zen

Wabtec (NYSE:WAB) was upgraded by equities research analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a report released on Saturday.

Other research analysts have also issued research reports about the company. Wells Fargo & Company boosted their price objective on Wabtec from $284.00 to $315.00 and gave the stock an “equal weight” rating in a report on Thursday. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Wabtec in a research note on Friday, July 17th. Morgan Stanley boosted their price target on shares of Wabtec from $318.00 to $355.00 and gave the stock an “overweight” rating in a research note on Thursday. Jefferies Financial Group reissued a “buy” rating and issued a $290.00 price target (down from $300.00) on shares of Wabtec in a report on Tuesday, March 31st. Finally, Susquehanna raised their price objective on shares of Wabtec from $305.00 to $340.00 and gave the company a “positive” rating in a research report on Thursday. Ten 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, the stock has an average rating of “Moderate Buy” and an average target price of $310.64.

Wabtec Price Performance

NYSE:WAB opened at $302.22 on Friday. The firm has a market capitalization of $51.05 billion, a price-to-earnings ratio of 40.62, a P/E/G ratio of 2.05 and a beta of 0.94. Wabtec has a 52-week low of $184.26 and a 52-week high of $302.96. The stock has a fifty day moving average of $265.80 and a 200 day moving average of $255.43. 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 announced its earnings results on Wednesday, July 22nd. The transportation company reported $2.76 earnings per share for the quarter, topping analysts’ consensus estimates of $2.60 by $0.16. The business had revenue of $3.18 billion for the quarter, compared to analyst estimates of $3.07 billion. Wabtec had a return on equity of 15.10% and a net margin of 10.59%.The company’s quarterly revenue was up 17.5% compared to the same quarter last year. During the same period in the prior year, the company earned $2.27 EPS. Wabtec has set its FY 2026 guidance at 10.600-10.900 EPS. On average, research analysts expect that Wabtec will post 10.86 EPS for the current fiscal year.

Insider Buying and Selling

In other Wabtec news, insider Sameer Gaur sold 1,082 shares of the stock in a transaction that occurred on Friday, June 12th. The shares were 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 in the company, valued at $3,158,047.50. This trade represents a 8.28% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Rafael Santana sold 1,163 shares of Wabtec stock in a transaction that occurred on Monday, July 6th. The stock was sold at an average price of $262.07, for a total transaction of $304,787.41. Following the transaction, the chief executive officer directly owned 122,914 shares in the company, valued at $32,212,071.98. This trade represents a 0.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 5,734 shares of company stock valued at $1,504,571 in the last 90 days. 0.57% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Wabtec

Several institutional investors and hedge funds have recently made changes to their positions in WAB. Whipplewood Advisors LLC bought a new stake in Wabtec in the first quarter worth $25,000. Clal Insurance Enterprises Holdings Ltd grew its stake in shares of Wabtec by 125.9% during the fourth quarter. Clal Insurance Enterprises Holdings Ltd now owns 131 shares of the transportation company’s stock valued at $28,000 after buying an additional 73 shares during the last quarter. Manchester Capital Management LLC grew its stake in shares of Wabtec by 122.0% during the fourth quarter. Manchester Capital Management LLC now owns 131 shares of the transportation company’s stock valued at $28,000 after buying an additional 72 shares during the last quarter. McMillan Office Inc. purchased a new position in shares of Wabtec in the fourth quarter worth about $31,000. Finally, Reflection Asset Management purchased a new position in shares of Wabtec in the fourth quarter worth about $35,000. Institutional investors own 91.69% of the company’s stock.

Key Headlines Impacting 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?

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.