Wabtec (NYSE:WAB) Price Target Raised to $270.00

Wabtec (NYSE:WAB) had its price objective hoisted by Wells Fargo & Company from $224.00 to $270.00 in a report issued on Friday,Benzinga reports. Wells Fargo & Company currently has an equal weight rating on the transportation company’s stock.

Several other brokerages have also weighed in on WAB. Morgan Stanley increased their price objective on shares of Wabtec from $257.00 to $264.00 and gave the company an “overweight” rating in a research report on Monday, January 12th. Susquehanna set a $300.00 price target on shares of Wabtec in a report on Thursday. Weiss Ratings restated a “buy (b)” rating on shares of Wabtec in a research report on Wednesday, January 21st. JPMorgan Chase & Co. boosted their price objective on Wabtec from $215.00 to $245.00 and gave the stock a “neutral” rating in a report on Wednesday, January 14th. Finally, Wolfe Research upgraded Wabtec from a “peer perform” rating to an “outperform” rating and set a $245.00 target price on the stock in a research note on Thursday, January 8th. Eight analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $263.90.

Wabtec Price Performance

NYSE:WAB opened at $256.68 on Friday. Wabtec has a 12-month low of $151.81 and a 12-month high of $262.40. The firm has a market capitalization of $43.88 billion, a price-to-earnings ratio of 37.58, a P/E/G ratio of 1.94 and a beta of 1.01. The stock’s 50 day moving average price is $226.37 and its two-hundred day moving average price is $207.42. The company has a quick ratio of 0.57, a current ratio of 1.11 and a debt-to-equity ratio of 0.38.

Wabtec (NYSE:WAB) last issued its earnings results on Wednesday, February 11th. The transportation company reported $2.10 EPS for the quarter, topping the consensus estimate of $2.08 by $0.02. Wabtec had a return on equity of 14.12% and a net margin of 10.48%.The company had revenue of $2.97 billion during the quarter, compared to the consensus estimate of $2.86 billion. During the same period in the previous year, the company posted $1.68 EPS. The firm’s revenue for the quarter was up 14.8% compared to the same quarter last year. Wabtec has set its FY 2026 guidance at 10.050-10.450 EPS. On average, analysts anticipate that Wabtec will post 8.54 earnings per share for the current year.

Wabtec Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Investors of record on Tuesday, February 17th will be paid a $0.31 dividend. This represents a $1.24 annualized dividend and a dividend yield of 0.5%. This is an increase from Wabtec’s previous quarterly dividend of $0.25. The ex-dividend date is Tuesday, February 17th. Wabtec’s dividend payout ratio is presently 14.64%.

Wabtec announced that its board has authorized a share repurchase plan 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 stock through open market purchases. Stock buyback plans are often an indication that the company’s board believes its stock is undervalued.

Insider Buying and Selling

In related news, CEO Rafael Santana sold 1,798 shares of the business’s stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $245.71, for a total value of $441,786.58. Following the completion of the transaction, the chief executive officer owned 118,749 shares of the company’s stock, valued at $29,177,816.79. The trade was a 1.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP David L. Deninno sold 5,000 shares of the company’s stock in a transaction dated Thursday, December 4th. The stock was sold at an average price of $214.62, for a total transaction of $1,073,100.00. Following the sale, the vice president directly owned 50,450 shares of the company’s stock, valued at $10,827,579. This represents a 9.02% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 15,673 shares of company stock worth $3,420,576 over the last three months. Company insiders own 1.10% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in WAB. Norges Bank acquired a new stake in shares of Wabtec in the 4th quarter valued at $409,039,000. Nordea Investment Management AB raised its holdings in shares of Wabtec by 55.5% during the 4th quarter. Nordea Investment Management AB now owns 3,069,340 shares of the transportation company’s stock worth $659,939,000 after buying an additional 1,095,083 shares in the last quarter. Farallon Capital Management LLC lifted its position in shares of Wabtec by 68.6% during the 3rd quarter. Farallon Capital Management LLC now owns 2,205,098 shares of the transportation company’s stock worth $442,056,000 after buying an additional 896,900 shares during the last quarter. Bank of Montreal Can boosted its stake in Wabtec by 360.0% in the fourth quarter. Bank of Montreal Can now owns 885,197 shares of the transportation company’s stock valued at $188,945,000 after buying an additional 692,773 shares in the last quarter. Finally, UBS Group AG grew its position in Wabtec by 194.2% in the third quarter. UBS Group AG now owns 1,033,304 shares of the transportation company’s stock valued at $207,146,000 after acquiring an additional 682,048 shares during the last quarter. 91.69% of the stock is owned by institutional investors.

Key Stories Impacting Wabtec

Here are the key news stories impacting Wabtec this week:

• Positive Sentiment: Q4 beat and raised FY‑2026 guidance — Wabtec reported stronger-than-expected Q4 revenue and EPS and issued upbeat FY‑2026 guidance, supporting near‑term earnings visibility and margin outlook. Read More.
• Positive Sentiment: $1.2 billion share repurchase authorized — the board approved a buyback that could reduce share count by ~2.9%, a direct EPS support and signal of management confidence. Read More.
• Positive Sentiment: Acquisition of Dellner Couplers completed — adds safety‑critical passenger‑rail coupler technology and expands Wabtec’s transit product footprint, improving cross‑sell opportunities in passenger systems. Read More.
• Positive Sentiment: Analysts lifting forecasts and price targets — multiple shops raised estimates and targets after Q4, including material upgrades that can draw buy‑side interest. Read More.
• Positive Sentiment: Composite rating and market sentiment improving — third‑party composite score coverage shows rising quality/strength metrics, which can support momentum flows. Read More.
• Neutral Sentiment: Large rail orders in the market — major customers (e.g., CSX) are issuing sizable locomotive contracts that expand the addressable market; upside to Wabtec depends on bid wins and delivery timing. Read More.
• Neutral Sentiment: Momentum investor pieces highlight Wabtec as a buy candidate — useful for flows but not a fundamental driver by itself. Read More.
• Negative Sentiment: CEO insider sale disclosed — Rafael Santana sold ~1,798 shares (~$442k); modest in size versus his total holdings but some traders view insider sales as a caution. Read More.

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.