Wabtec (NYSE:WAB) Price Target Raised to $315.00

Wabtec (NYSE:WAB) had its price objective upped by JPMorgan Chase & Co. from $300.00 to $315.00 in a research report released on Thursday morning,Benzinga reports. JPMorgan Chase & Co. currently has a neutral rating on the transportation company’s stock.

A number of other research firms have also recently commented on WAB. Stephens raised shares of Wabtec to a “strong-buy” rating in a research note on Wednesday, July 8th. Citigroup reduced their price objective on shares of Wabtec from $313.00 to $311.00 and set a “buy” rating on the stock in a research report on Monday, July 13th. Weiss Ratings reissued a “buy (b)” rating on shares of Wabtec in a research note on Friday, July 17th. Susquehanna boosted their target price on Wabtec from $305.00 to $340.00 and gave the company a “positive” rating in a research report on Thursday. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a $290.00 target price (down from $300.00) on shares of Wabtec in a research note on Tuesday, March 31st. Ten research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $310.64.

Wabtec Stock Performance

NYSE WAB opened at $302.22 on Thursday. The business’s 50 day moving average price is $265.80 and its 200-day moving average price is $255.16. Wabtec has a fifty-two week low of $184.26 and a fifty-two week high of $302.96. The company has a market cap of $51.05 billion, a P/E ratio of 40.62, a P/E/G ratio of 2.06 and a beta of 0.94. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.54 and a current ratio of 1.12.

Wabtec (NYSE:WAB) last issued its quarterly earnings results on Wednesday, July 22nd. The transportation company reported $2.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.60 by $0.16. Wabtec had a return on equity of 15.10% and a net margin of 10.59%.The company had revenue of $3.18 billion during the quarter, compared to the consensus estimate of $3.07 billion. During the same period last year, the company earned $2.27 earnings per share. Wabtec’s revenue was up 17.5% on a year-over-year basis. Wabtec has set its FY 2026 guidance at 10.600-10.900 EPS. Sell-side analysts predict that Wabtec will post 10.86 earnings per share for the current year.

Wabtec Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders 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 dividend on an annualized basis and a dividend yield of 0.4%. Wabtec’s dividend payout ratio is presently 16.67%.

Insider Activity

In related 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 transaction of $303,612.78. Following the completion of the sale, the chief executive officer owned 124,077 shares in the company, valued at $32,391,541.62. This trade represents a 0.93% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Sameer Gaur sold 1,082 shares of the business’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 of the company’s stock, valued at approximately $3,158,047.50. This trade represents a 8.28% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 5,734 shares of company stock worth $1,504,571 in the last ninety days. 0.57% of the stock is currently owned by insiders.

Institutional Trading of Wabtec

Large investors have recently modified their holdings of the company. Tema ETFs LLC grew its stake in Wabtec by 9.3% in the second quarter. Tema ETFs LLC now owns 8,533 shares of the transportation company’s stock worth $2,300,000 after purchasing an additional 725 shares in the last quarter. Valeo Financial Advisors LLC increased its holdings in Wabtec by 9.1% during the 2nd quarter. Valeo Financial Advisors LLC now owns 1,901 shares of the transportation company’s stock worth $513,000 after purchasing an additional 159 shares during the period. Czech National Bank raised its position in Wabtec by 4.0% during the 2nd quarter. Czech National Bank now owns 48,297 shares of the transportation company’s stock valued at $13,021,000 after purchasing an additional 1,857 shares in the last quarter. Bill Few Associates Inc. raised its position in Wabtec by 15.5% during the 2nd quarter. Bill Few Associates Inc. now owns 2,725 shares of the transportation company’s stock valued at $735,000 after purchasing an additional 365 shares in the last quarter. Finally, GAMMA Investing LLC lifted its holdings in shares of Wabtec by 5.7% in the 2nd quarter. GAMMA Investing LLC now owns 5,160 shares of the transportation company’s stock worth $1,391,000 after buying an additional 280 shares during the period. Hedge funds and other institutional investors own 91.69% of the company’s stock.

Key Stories Impacting Wabtec

Here are the key news stories impacting Wabtec this week:

• Positive Sentiment: Wabtec beat Q2 expectations with EPS of $2.76 on revenue of $3.18 billion, and management lifted FY2026 guidance to $10.60-$10.90 in adjusted EPS, reinforcing the company’s earnings momentum. Wabtec Shares Rise After 2Q Earnings Beat Estimates
• Positive Sentiment: Analysts turned more constructive after results, with JPMorgan, Wells Fargo, Stephens, KeyCorp, and Susquehanna all raising price targets, while several firms reiterated overweight/positive views. These Analysts Raise Their Forecasts On Wabtec After Upbeat Q2 Results
• Positive Sentiment: Multiple technical commentary pieces pointed to bullish momentum, including a golden cross signal and a move above the 50-day moving average, which can attract momentum investors. Westinghouse Air Brake Technologies (WAB) Just Flashed Golden Cross Signal: Do You Buy?
• Positive Sentiment: Wabtec also announced a reported $1 billion deal with an Australian company during earnings, adding to optimism around future growth opportunities. Wabtec CEO unveils $1B deal with Australian company during earnings
• Neutral Sentiment: Commentary highlighted Wabtec as a strong momentum stock and noted a new 52-week high, but these were largely follow-up pieces reflecting the post-earnings rally rather than new fundamental catalysts. Westinghouse Air Brake Technologies (WAB) is a Great Momentum Stock: Should You Buy?

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.