Wabtec (NYSE:WAB) Price Target Raised to $330.00

Wabtec (NYSE:WAB) had its target price raised by Stephens from $320.00 to $330.00 in a research report sent to investors on Thursday,Benzinga reports. Stephens currently has an overweight rating on the transportation company’s stock.

A number of other analysts also recently commented on WAB. Rothschild & Co Redburn upgraded Wabtec from a “neutral” rating to a “buy” rating and upped their target price for the stock from $262.00 to $285.00 in a research note on Thursday, March 26th. Susquehanna lifted their price target on Wabtec from $305.00 to $340.00 and gave the company a “positive” rating in a research report on Thursday. Wolfe Research reissued an “outperform” rating and issued a $303.00 price target on shares of Wabtec in a report on Thursday, April 23rd. JPMorgan Chase & Co. upped their price objective on Wabtec from $300.00 to $315.00 and gave the stock a “neutral” rating in a research report on Thursday. Finally, 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. Ten investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $310.64.

Wabtec Trading Up 1.4%

NYSE WAB opened at $302.22 on Thursday. Wabtec has a 1 year low of $184.26 and a 1 year high of $302.96. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.12 and a quick ratio of 0.54. The company has a market capitalization of $51.05 billion, a PE ratio of 40.62, a P/E/G ratio of 2.06 and a beta of 0.94. The company has a fifty day moving average of $265.80 and a 200 day moving average of $255.16.

Wabtec (NYSE:WAB) last announced its quarterly earnings results on Wednesday, July 22nd. The transportation company reported $2.76 earnings per share 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 the consensus estimate of $3.07 billion. Wabtec had a return on equity of 15.10% and a net margin of 10.59%.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 firm 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 year.

Wabtec Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Tuesday, August 18th will be paid a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend is Tuesday, August 18th. Wabtec’s dividend payout ratio is presently 16.67%.

Insider Transactions at Wabtec

In related news, insider Sameer Gaur sold 1,082 shares of the company’s stock in a transaction dated Friday, June 12th. The stock was 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 represents a 8.28% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Rafael Santana sold 1,163 shares of the firm’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 disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 5,734 shares of company stock worth $1,504,571 over the last 90 days. Insiders own 0.57% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the business. Whipplewood Advisors LLC acquired a new stake in Wabtec in the 1st quarter valued at $25,000. Clal Insurance Enterprises Holdings Ltd increased its holdings in Wabtec by 125.9% in the 4th quarter. Clal Insurance Enterprises Holdings Ltd now owns 131 shares of the transportation company’s stock worth $28,000 after acquiring an additional 73 shares in the last quarter. Manchester Capital Management LLC raised its position in Wabtec by 122.0% during the fourth quarter. Manchester Capital Management LLC now owns 131 shares of the transportation company’s stock worth $28,000 after acquiring an additional 72 shares during the period. McMillan Office Inc. acquired a new position in Wabtec during the fourth quarter worth $31,000. Finally, Reflection Asset Management purchased a new position in Wabtec during the fourth quarter valued at $35,000. 91.69% of the stock is owned by institutional investors and hedge funds.

Key Stories 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.