Wabtec (NYSE:WAB) Reaches New 52-Week High Following Strong Earnings

Shares of Wabtec (NYSE:WAB) hit a new 52-week high during trading on Wednesday after the company announced better than expected quarterly earnings. The stock traded as high as $288.36 and last traded at $292.1990, with a volume of 217819 shares changing hands. The stock had previously closed at $263.53.

The transportation company reported $2.76 earnings per share for the quarter, beating analysts’ consensus estimates of $2.60 by $0.16. Wabtec had a net margin of 10.52% and a return on equity of 14.52%. The business had revenue of $3.18 billion for the quarter, compared to the consensus estimate of $3.07 billion. During the same period last year, the company posted $2.27 EPS. Wabtec’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.

Wabtec Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Tuesday, August 18th will be issued a $0.31 dividend. The ex-dividend date is Tuesday, August 18th. This represents a $1.24 annualized dividend and a yield of 0.4%. Wabtec’s dividend payout ratio (DPR) is 17.54%.

Trending Headlines about Wabtec

Here are the key news stories impacting Wabtec this week:

• Positive Sentiment: Wabtec beat Q2 expectations on both earnings and revenue, reporting adjusted EPS of $2.76 versus estimates near $2.60-$2.63 and revenue of $3.18 billion versus about $3.07 billion expected. Wabtec Shares Rise After 2Q Earnings Beat Estimates
• Positive Sentiment: The company lifted FY2026 guidance, now expecting revenue of about $12.3 billion-$12.6 billion and adjusted EPS of $10.60-$10.90, signaling management sees stronger demand and earnings momentum ahead. Wabtec forecasts 2026 revenue of about $12.5B and adjusted EPS of $10.60-$10.90 as it raises guidance
• Positive Sentiment: Growth was broad-based across Freight and Transit, helped by stronger locomotive deliveries, acquisition-driven transit sales, and margin expansion; Wabtec also highlighted a large backlog of $30.93 billion, which supports visibility into future revenue. Wabtec Reports Strong Second Quarter 2026 Results, Announces Increase to Full-Year Revenue & Adjusted EPS Guidance
• Neutral Sentiment: Investor attention is also on the company’s strong operating performance and “Strong 1H26” commentary, reinforcing the view that recent gains are tied to solid fundamentals rather than a one-time event. Wabtec: ‘Strong’ 1H26
• Neutral Sentiment: Community-oriented news, such as Wabtec interns helping preserve Erie’s Brig Niagara, is positive for the company’s image but is unlikely to be a major stock driver. Wabtec Interns Give Back, Help Preserve Erie’s Brig Niagara

Analysts Set New Price Targets

A number of research firms recently commented on WAB. Jefferies Financial Group restated a “buy” rating and issued a $290.00 price objective (down from $300.00) on shares of Wabtec in a research report on Tuesday, March 31st. Weiss Ratings reissued a “buy (b)” rating on shares of Wabtec in a research note on Friday, July 17th. Wells Fargo & Company increased their price target on Wabtec from $270.00 to $284.00 and gave the stock an “equal weight” rating in a report on Thursday, April 23rd. Citigroup dropped their price target on Wabtec from $313.00 to $311.00 and set a “buy” rating on the stock in a research report on Monday, July 13th. Finally, JPMorgan Chase & Co. lifted their price objective on Wabtec from $290.00 to $300.00 and gave the company a “neutral” rating in a report on Monday, July 13th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Wabtec has an average rating of “Moderate Buy” and a consensus price target of $293.36.

Insiders Place Their Bets

In related news, CEO Rafael Santana sold 1,163 shares of the business’s stock in a transaction on Monday, July 6th. The shares were sold at an average price of $262.07, for a total value of $304,787.41. Following the sale, the chief executive officer directly owned 122,914 shares of the company’s stock, valued at approximately $32,212,071.98. The trade was a 0.94% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Sameer Gaur sold 1,082 shares of the company’s stock in a transaction on Friday, June 12th. The stock was sold at an average price of $263.50, for a total transaction of $285,107.00. Following the completion of the transaction, the insider directly owned 11,985 shares of the company’s stock, valued at approximately $3,158,047.50. The trade was a 8.28% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 5,734 shares of company stock worth $1,504,571. 0.57% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. Whipplewood Advisors LLC acquired a new position in Wabtec during the 1st quarter worth approximately $25,000. Clal Insurance Enterprises Holdings Ltd raised its holdings in shares of Wabtec by 125.9% in the fourth quarter. Clal Insurance Enterprises Holdings Ltd now owns 131 shares of the transportation company’s stock valued at $28,000 after purchasing an additional 73 shares during the last quarter. Manchester Capital Management LLC raised its holdings in shares of Wabtec by 122.0% in the fourth quarter. Manchester Capital Management LLC now owns 131 shares of the transportation company’s stock valued at $28,000 after purchasing an additional 72 shares during the last quarter. McMillan Office Inc. bought a new stake in shares of Wabtec in the fourth quarter worth $31,000. Finally, Reflection Asset Management bought a new stake in shares of Wabtec in the fourth quarter worth $35,000. 91.69% of the stock is currently owned by institutional investors.

Wabtec Price Performance

The company’s fifty day moving average is $264.47 and its 200 day moving average is $254.26. The firm has a market cap of $49.23 billion, a price-to-earnings ratio of 41.04, a PEG ratio of 1.88 and a beta of 0.94. The company has a quick ratio of 0.54, a current ratio of 1.02 and a debt-to-equity ratio of 0.42.

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.