Wabtec (WAB) – What Are Researchers Thinking About This Stock?

Wabtec (NYSE:WAB) has earned an average rating of “Moderate Buy” from the twelve ratings firms that are currently covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a hold rating and ten have issued a buy rating on the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $313.55.

A number of equities analysts have recently commented on the stock. Susquehanna lifted their price target on shares of Wabtec from $305.00 to $340.00 and gave the company a “positive” rating in a research report on Thursday, July 23rd. Morgan Stanley upped their price objective on shares of Wabtec from $318.00 to $355.00 and gave the stock an “overweight” rating in a report on Thursday, July 23rd. KeyCorp raised their target price on shares of Wabtec from $308.00 to $340.00 and gave the company an “overweight” rating in a research note on Thursday, July 23rd. JPMorgan Chase & Co. lifted their target price on shares of Wabtec from $315.00 to $320.00 and gave the stock a “neutral” rating in a report on Monday, September 21st. Finally, Stephens lifted their target price on shares of Wabtec from $320.00 to $330.00 and gave the stock an “overweight” rating in a report on Thursday, July 23rd.

Wabtec Price Performance

WAB stock opened at $286.86 on Tuesday. Wabtec has a one year low of $186.06 and a one year high of $306.64. The firm has a 50-day moving average of $288.19 and a two-hundred day moving average of $275.61. The firm has a market capitalization of $48.45 billion, a PE ratio of 38.56, a P/E/G ratio of 1.94 and a beta of 0.92. The company has a current ratio of 1.12, a quick ratio of 0.59 and a debt-to-equity ratio of 0.44.

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

Wabtec Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Tuesday, November 17th will be issued a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date is Tuesday, November 17th. Wabtec’s dividend payout ratio is 16.67%.

Insider Buying and Selling

In other news, EVP Gregory Sbrocco sold 952 shares of Wabtec stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $300.00, for a total value of $285,600.00. Following the transaction, the executive vice president directly owned 21,043 shares in the company, valued at approximately $6,312,900. The trade was a 4.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Sameer Gaur sold 1,000 shares of the business’s stock in a transaction dated Friday, July 24th. The stock was sold at an average price of $300.64, for a total value of $300,640.00. Following the transaction, the insider directly owned 10,985 shares of the company’s stock, valued at $3,302,530.40. This represents a 8.34% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 17,552 shares of company stock valued at $5,232,911 in the last quarter. Insiders own 0.57% of the company’s stock.

Institutional Trading of Wabtec

Several hedge funds have recently added to or reduced their stakes in WAB. CWA Asset Management Group LLC bought a new stake in shares of Wabtec during the third quarter worth $212,000. Investment Research Partners LLC increased its stake in shares of Wabtec by 4.5% in the third quarter. Investment Research Partners LLC now owns 1,478 shares of the transportation company’s stock valued at $425,000 after buying an additional 63 shares in the last quarter. Secure Asset Management LLC increased its stake in shares of Wabtec by 1.6% in the third quarter. Secure Asset Management LLC now owns 2,891 shares of the transportation company’s stock valued at $830,000 after buying an additional 46 shares in the last quarter. Quantum Financial Partners LLC bought a new position in shares of Wabtec in the third quarter valued at about $288,000. Finally, Howard Capital Management LLC raised its holdings in shares of Wabtec by 5.1% in the third quarter. Howard Capital Management LLC now owns 34,462 shares of the transportation company’s stock valued at $9,897,000 after buying an additional 1,679 shares during the last quarter. Institutional investors own 91.69% of the company’s stock.

About Wabtec

Westinghouse Air Brake Technologies Corporation, doing business as Wabtec (NYSE: WAB), is a global provider of equipment, systems, digital solutions and services for the freight and passenger rail industries. The company develops technologies intended to improve the safety, efficiency, reliability and sustainability of rail transportation.

Wabtec’s products and services include locomotives, locomotive components and modernization programs, braking systems, train control and signaling equipment, power and propulsion systems, and advanced digital solutions.