Wabtec (NYSE:WAB) Price Target Raised to $315.00 at Wells Fargo & Company

Wabtec (NYSE:WAB) had its price objective upped by Wells Fargo & Company from $284.00 to $315.00 in a research report released on Thursday,Benzinga reports. Wells Fargo & Company currently has an equal weight rating on the transportation company’s stock.

Several other research firms have also recently weighed in on WAB. Citigroup reduced their price target on shares of Wabtec from $313.00 to $311.00 and set a “buy” rating for the company in a report on Monday, July 13th. Stephens upgraded Wabtec to a “strong-buy” rating in a report on Wednesday, July 8th. Wolfe Research reissued an “outperform” rating and issued a $303.00 price target on shares of Wabtec in a research note on Thursday, April 23rd. JPMorgan Chase & Co. boosted their price target on Wabtec from $290.00 to $300.00 and gave the company a “neutral” rating in a report on Monday, July 13th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Wabtec in a research report on Friday, July 17th. Ten investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $310.64.

Wabtec Stock Up 2.6%

Shares of Wabtec stock opened at $297.56 on Thursday. The company has a market capitalization of $50.49 billion, a P/E ratio of 39.99, a price-to-earnings-growth ratio of 2.07 and a beta of 0.94. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.12 and a quick ratio of 0.54. The business has a 50-day moving average of $265.04 and a two-hundred day moving average of $254.83. Wabtec has a 1 year low of $184.26 and a 1 year high of $298.14.

Wabtec (NYSE:WAB) last issued its quarterly earnings data on Wednesday, July 22nd. The transportation company reported $2.76 earnings per share (EPS) for the quarter, beating 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 business had revenue of $3.18 billion during the quarter, compared to analyst estimates of $3.07 billion. During the same period in the previous year, the firm earned $2.27 EPS. Wabtec’s quarterly revenue was up 17.5% compared to the same quarter last year. Wabtec has set its FY 2026 guidance at 10.600-10.900 EPS. As a group, equities analysts predict that Wabtec will post 10.64 EPS for the current year.

Wabtec Announces Dividend

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

Insider Transactions at Wabtec

In other news, CEO Rafael Santana sold 1,163 shares of Wabtec stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $261.06, for a total value of $303,612.78. Following the completion of the transaction, the chief executive officer owned 124,077 shares of the company’s stock, valued at $32,391,541.62. This trade represents a 0.93% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 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 dated Friday, June 12th. The shares were sold at an average price of $263.50, for a total transaction of $285,107.00. Following the completion of the sale, the insider directly owned 11,985 shares in the company, valued at approximately $3,158,047.50. The trade was a 8.28% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 5,734 shares of company stock valued at $1,504,571. Insiders own 0.57% of the company’s stock.

Institutional Trading of Wabtec

Several institutional investors and hedge funds have recently bought and sold shares of WAB. Norges Bank acquired a new stake in Wabtec during the 4th quarter valued at $409,039,000. Price T Rowe Associates Inc. MD increased its holdings in shares of Wabtec by 20.3% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 7,965,503 shares of the transportation company’s stock valued at $1,700,238,000 after purchasing an additional 1,344,744 shares during the last quarter. Bank of Montreal Can raised its position in shares of 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 purchasing an additional 692,773 shares during the period. UBS Group AG raised its position in shares of 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 purchasing an additional 682,048 shares during the period. Finally, Assenagon Asset Management S.A. raised its position in shares of Wabtec by 288.0% in the first quarter. Assenagon Asset Management S.A. now owns 851,733 shares of the transportation company’s stock valued at $212,857,000 after purchasing an additional 632,218 shares during the period. 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 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

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.