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

Wabtec (NYSE:WAB) was upgraded by stock analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Monday.

A number of other equities analysts also recently issued reports on WAB. Wolfe Research raised shares of 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. Citigroup raised their price target on shares of Wabtec from $258.00 to $283.00 and gave the company a “buy” rating in a research report on Thursday, February 12th. Morgan Stanley restated an “overweight” rating and set a $315.00 price target on shares of Wabtec in a report on Tuesday, February 17th. Wells Fargo & Company upped their price objective on shares of Wabtec from $224.00 to $270.00 and gave the stock an “equal weight” rating in a research report on Friday, February 13th. Finally, Stephens lifted their target price on shares of Wabtec from $230.00 to $290.00 and gave the stock an “overweight” rating in a research report on Thursday, February 12th. Eight analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, Wabtec currently has an average rating of “Moderate Buy” and an average price target of $269.00.

Wabtec Price Performance

WAB stock opened at $263.91 on Monday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.57 and a current ratio of 1.11. The business has a 50-day simple moving average of $235.95 and a two-hundred day simple moving average of $212.47. The company has a market capitalization of $45.00 billion, a P/E ratio of 38.64, a price-to-earnings-growth ratio of 1.99 and a beta of 0.99. Wabtec has a 52-week low of $151.81 and a 52-week high of $266.27.

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

Wabtec announced that its Board of Directors has authorized a stock repurchase program on Wednesday, February 11th that permits the company to repurchase $1.20 billion in shares. This repurchase authorization permits the transportation company to reacquire up to 2.9% of its shares through open market purchases. Shares repurchase programs are often an indication that the company’s board believes its stock is undervalued.

Insider Buying and Selling at Wabtec

In related news, insider Sameer Gaur sold 1,150 shares of the company’s stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $262.62, for a total transaction of $302,013.00. Following the sale, the insider directly owned 12,017 shares in the company, valued at approximately $3,155,904.54. This represents a 8.73% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Rogerio Mendonca sold 3,500 shares of Wabtec stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $264.21, for a total transaction of $924,735.00. Following the completion of the transaction, the insider owned 10,101 shares of the company’s stock, valued at $2,668,785.21. This represents a 25.73% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 40,211 shares of company stock valued at $9,885,467. Insiders own 1.10% of the company’s stock.

Institutional Investors Weigh In On Wabtec

Several institutional investors have recently made changes to their positions in the stock. Hilltop Holdings Inc. grew its position in shares of Wabtec by 3.9% in the fourth quarter. Hilltop Holdings Inc. now owns 1,069 shares of the transportation company’s stock valued at $228,000 after purchasing an additional 40 shares in the last quarter. CI Investments Inc. boosted its stake in Wabtec by 6.1% in the 3rd quarter. CI Investments Inc. now owns 865 shares of the transportation company’s stock worth $173,000 after purchasing an additional 50 shares during the period. IHT Wealth Management LLC grew its holdings in Wabtec by 1.0% during the 4th quarter. IHT Wealth Management LLC now owns 4,856 shares of the transportation company’s stock valued at $1,037,000 after buying an additional 50 shares in the last quarter. Carnegie Investment Counsel grew its holdings in Wabtec by 2.6% during the 4th quarter. Carnegie Investment Counsel now owns 2,051 shares of the transportation company’s stock valued at $438,000 after buying an additional 51 shares in the last quarter. Finally, Parkside Financial Bank & Trust increased its position in shares of Wabtec by 7.3% during the second quarter. Parkside Financial Bank & Trust now owns 797 shares of the transportation company’s stock valued at $167,000 after buying an additional 54 shares during the period. Hedge funds and other institutional investors own 91.69% of the company’s stock.

Trending Headlines about Wabtec

Here are the key news stories impacting Wabtec this week:

• Positive Sentiment: Wabtec and Progress Rail reached a settlement in the antitrust lawsuit, ending a source of regulatory and legal uncertainty. Management and Progress Rail said the settlement is in the best interests of customers and avoids protracted litigation — a removal of overhang that can support the valuation. Business Wire: Settlement
• Positive Sentiment: Recent quarterly results and FY‑2026 guidance remain supportive: Wabtec beat Q4 revenue and EPS estimates and gave FY26 EPS guidance of $10.05–$10.45, reinforcing growth expectations that underlie the stock’s premium multiple. (See company releases summarized in recent coverage.)
• Positive Sentiment: Capital returns: the board authorized a $1.2 billion buyback program and the quarterly dividend was raised (to $0.31 per share). Both actions signal management confidence and can underpin the share price via reduced float and income appeal.
• Neutral Sentiment: Analyst coverage is broadly constructive but mixed on conviction — several firms raised targets (Wells Fargo, Morgan Stanley, Citi) while others trimmed ratings; consensus remains a “Moderate Buy” with an average target near $269, providing upside but also differing views on near-term catalysts.
• Negative Sentiment: Multiple insider sales this week (CFO John Olin, director/executive Nalin Jain, and Sameer Gaur among others) — sizable dispositions at ~ $262–$264 per share — may concern some investors about near-term insider sentiment or tax/liquidity-driven selling. Filings: SEC and reporting outlets detail the transactions. SEC: Sameer Gaur Form 4

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.