Wabtec (NYSE:WAB) Price Target Raised to $284.00

Wabtec (NYSE:WAB) had its target price boosted by Wells Fargo & Company from $270.00 to $284.00 in a research note issued to investors on Thursday,Benzinga reports. Wells Fargo & Company currently has an equal weight rating on the transportation company’s stock.

Several other equities analysts have also recently issued reports on WAB. Weiss Ratings reiterated a “buy (b)” rating on shares of Wabtec in a research report on Monday, April 20th. Stephens lifted their price target on Wabtec from $230.00 to $290.00 and gave the company an “overweight” rating in a research report on Thursday, February 12th. Morgan Stanley reiterated an “overweight” rating and set a $315.00 price target on shares of Wabtec in a research report on Tuesday, February 17th. Wall Street Zen cut Wabtec from a “buy” rating to a “hold” rating in a research report on Saturday, March 14th. Finally, Wolfe Research upgraded Wabtec from a “peer perform” rating to an “outperform” rating and set a $245.00 price target on the stock in a research report on Thursday, January 8th. Ten equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $289.55.

Wabtec Stock Down 0.7%

WAB opened at $267.46 on Thursday. Wabtec has a 12 month low of $180.06 and a 12 month high of $275.84. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.02 and a quick ratio of 0.57. The stock has a market cap of $45.38 billion, a P/E ratio of 37.83, a P/E/G ratio of 1.95 and a beta of 0.99. The stock’s 50 day moving average price is $254.65 and its 200 day moving average price is $228.98.

Wabtec (NYSE:WAB) last issued its quarterly earnings results on Wednesday, April 22nd. The transportation company reported $2.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.62 by $0.09. Wabtec had a return on equity of 14.52% and a net margin of 10.52%.The company had revenue of $2.95 billion for the quarter, compared to analysts’ expectations of $3.08 billion. During the same period last year, the firm earned $2.28 EPS. The firm’s revenue for the quarter was up 13.0% on a year-over-year basis. Wabtec has set its FY 2026 guidance at 10.250-10.650 EPS. As a group, research analysts predict that Wabtec will post 10.5 earnings per share for the current year.

Wabtec Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Tuesday, February 17th were paid a dividend of $0.31 per share. The ex-dividend date of this dividend was Tuesday, February 17th. This represents a $1.24 annualized dividend and a dividend yield of 0.5%. This is a boost from Wabtec’s previous quarterly dividend of $0.25. Wabtec’s dividend payout ratio is 17.54%.

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

Insider Buying and Selling at Wabtec

In other news, EVP Gina Trombley sold 4,013 shares of the firm’s stock in a transaction on Thursday, March 12th. The stock was sold at an average price of $241.87, for a total transaction of $970,624.31. Following the completion of the sale, the executive vice president directly owned 13,841 shares of the company’s stock, valued at $3,347,722.67. This trade represents a 22.48% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Sameer Gaur sold 1,150 shares of the firm’s stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $262.62, for a total value of $302,013.00. Following the sale, the insider directly owned 12,017 shares of the company’s stock, valued at approximately $3,155,904.54. This represents a 8.73% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 92,364 shares of company stock worth $24,522,522. 0.57% of the stock is owned by insiders.

Institutional Investors Weigh In On Wabtec

Large investors have recently modified their holdings of the stock. Piscataqua Savings Bank boosted its stake in shares of Wabtec by 12,800.0% during the 3rd quarter. Piscataqua Savings Bank now owns 129 shares of the transportation company’s stock worth $26,000 after acquiring an additional 128 shares in the last quarter. Motco boosted its stake in shares of Wabtec by 6,600.0% during the 3rd quarter. Motco now owns 134 shares of the transportation company’s stock worth $27,000 after acquiring an additional 132 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd boosted its stake in shares of Wabtec by 125.9% during 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 boosted its stake in shares of Wabtec by 122.0% during the 4th quarter. Manchester Capital Management LLC now owns 131 shares of the transportation company’s stock worth $28,000 after acquiring an additional 72 shares in the last quarter. Finally, McMillan Office Inc. bought a new stake in shares of Wabtec during the 4th quarter worth $31,000. 91.69% of the stock is owned by institutional investors.

Trending Headlines about Wabtec

Here are the key news stories impacting Wabtec this week:

• Positive Sentiment: Q1 earnings beat and higher sales — Wabtec reported Q1 EPS of $2.71 and growth in quarterly sales, which investors view as proof of ongoing margin and revenue recovery. Wabtec posts higher quarterly sales and earnings
• Positive Sentiment: Price target raised by Wells Fargo — Wells Fargo lifted its target to $284 (from $270) and kept an “equal weight” rating, signaling analyst confidence in further upside versus current levels. Benzinga coverage of PT raise
• Positive Sentiment: Technical momentum — Wabtec recently crossed above its 20-day moving average, a short-term bullish technical signal that can attract momentum traders. Zacks: WAB broke out above 20-day MA
• Positive Sentiment: Analyst/industry bullishness — Multiple pieces (Seeking Alpha, Zacks buy lists) highlight Wabtec as a 2026/2027 growth candidate and include it among “old-economy” stocks with more room to run. These narratives can support continued investor interest. Seeking Alpha: Wabtec has a head of steam Zacks: Buy 5 high-flying old-economy stocks
• Neutral Sentiment: Revenue slightly missed consensus — while EPS beat, reported revenue (~$2.95B) came in below some estimates (~$3.08B), which tempers the beat and leaves room for debate on top-line momentum. Yahoo Finance: Wabtec reports Q1
• Neutral Sentiment: Earnings-call summaries flag growth but note headwinds — sell-side and summary coverage (TipRanks, transcripts) emphasize solid margins and guidance positioning while calling out cyclical/market headwinds. Earnings call transcript TipRanks: Earnings call highlights
• Negative Sentiment: Short interest rose meaningfully in April — short interest increased ~12.9% to ~2.49M shares (~1.5% of shares outstanding), raising the short-interest ratio to ~2.0 days. Higher shorting can add selling pressure or volatility in the near term.

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.