Wabtec (NYSE:WAB – Free Report) had its price objective lifted by JPMorgan Chase & Co. from $300.00 to $315.00 in a research report report published on Thursday,Benzinga reports. JPMorgan Chase & Co. currently has a neutral rating on the transportation company’s stock.
A number of other analysts have also issued reports on WAB. Stephens raised shares of Wabtec to a “strong-buy” rating in a research report on Wednesday, July 8th. Susquehanna boosted 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. Rothschild & Co Redburn upgraded shares of Wabtec from a “neutral” rating to a “buy” rating and upped their price objective for the company from $262.00 to $285.00 in a research note on Thursday, March 26th. Morgan Stanley increased their target price on shares of Wabtec from $318.00 to $355.00 and gave the stock an “overweight” rating in a research report on Thursday. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Wabtec in a research note on Friday, July 17th. Ten equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Wabtec presently has a consensus rating of “Moderate Buy” and an average price target of $310.64.
Get Our Latest Stock Analysis on WAB
Wabtec Stock Up 2.6%
Wabtec (NYSE:WAB – Get Free Report) last announced its quarterly earnings data on Wednesday, July 22nd. The transportation company reported $2.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.60 by $0.16. Wabtec had a return on equity of 15.10% and a net margin of 10.59%.The firm had revenue of $3.18 billion during the quarter, compared to the consensus estimate of $3.07 billion. During the same period in the prior year, the business earned $2.27 EPS. The business’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, sell-side analysts forecast that Wabtec will post 10.64 earnings per share for the current fiscal year.
Wabtec Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Tuesday, August 18th will be paid a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend is Tuesday, August 18th. Wabtec’s dividend payout ratio (DPR) is presently 17.54%.
Insider Activity at Wabtec
In other news, insider Sameer Gaur sold 1,082 shares of Wabtec stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $263.50, for a total value of $285,107.00. Following the transaction, the insider owned 11,985 shares of the company’s stock, valued at $3,158,047.50. This trade represents a 8.28% decrease in their ownership of the stock. 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 business’s stock in a transaction 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 completion of the sale, the chief executive officer owned 122,914 shares of the company’s stock, valued at $32,212,071.98. The trade was 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. Over the last 90 days, insiders sold 5,734 shares of company stock valued at $1,504,571. Corporate insiders own 0.57% of the company’s stock.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of WAB. Meeder Advisory Services Inc. grew its position in Wabtec by 1.6% in the first quarter. Meeder Advisory Services Inc. now owns 2,471 shares of the transportation company’s stock valued at $618,000 after purchasing an additional 38 shares in the last quarter. Hilltop Holdings Inc. lifted its position in Wabtec by 3.9% during the 4th quarter. Hilltop Holdings Inc. now owns 1,069 shares of the transportation company’s stock worth $228,000 after buying an additional 40 shares in the last quarter. Apollon Wealth Management LLC boosted its stake in shares of Wabtec by 1.6% during the 1st quarter. Apollon Wealth Management LLC now owns 3,081 shares of the transportation company’s stock worth $770,000 after buying an additional 48 shares during the last quarter. IHT Wealth Management LLC boosted its stake in shares of Wabtec by 1.0% during the 4th quarter. IHT Wealth Management LLC now owns 4,856 shares of the transportation company’s stock worth $1,037,000 after buying an additional 50 shares during the last quarter. Finally, Carnegie Investment Counsel grew its holdings in shares of Wabtec by 2.5% in the 4th quarter. Carnegie Investment Counsel now owns 2,051 shares of the transportation company’s stock valued at $438,000 after acquiring an additional 51 shares in the last quarter. Institutional investors and hedge funds own 91.69% of the company’s stock.
More Wabtec News
Here are the key news stories impacting Wabtec this week:
- Positive Sentiment: Wabtec reported strong Q2 2026 results, with adjusted EPS of $2.76 and revenue of $3.18 billion both topping estimates, while revenue rose 17.5% year over year and margins improved. Article Title
- Positive Sentiment: The company raised FY2026 guidance, now targeting revenue of about $12.3 billion to $12.6 billion and adjusted EPS of $10.60 to $10.90, reinforcing confidence in continued growth. Article Title
- Positive Sentiment: Analysts turned more constructive after the earnings beat, with Stephens lifting its target to $330 and Susquehanna and KeyCorp both raising targets to $340, signaling expectations for additional upside. Article Title
- Neutral Sentiment: Technical coverage also turned supportive, with reports noting WAB crossed above its 20-day and 50-day moving averages, which may be adding momentum to the stock. Article Title
- Neutral Sentiment: JPMorgan, Wells Fargo, and others also lifted price targets, but in some cases kept neutral/equal-weight views, suggesting the stock may be approaching fair value after its strong run. Article Title
Wabtec Company Profile
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.
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