Stock Buyback Program Approved by Wabtec (NYSE:WAB)

Wabtec (NYSE:WAB) declared that its board has authorized a share repurchase plan on Wednesday, February 11th, RTT News reports. The company plans to repurchase $1.20 billion in shares. This repurchase authorization allows the transportation company to purchase up to 2.9% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s management believes its shares are undervalued.

Wabtec Stock Up 1.1%

Shares of NYSE:WAB opened at $256.68 on Friday. Wabtec has a 52-week low of $151.81 and a 52-week high of $262.40. The firm has a fifty day moving average of $226.37 and a 200 day moving average of $207.20. The firm has a market capitalization of $43.88 billion, a PE ratio of 37.58, a price-to-earnings-growth ratio of 1.69 and a beta of 1.01. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.75 and a current ratio of 1.11.

Wabtec (NYSE:WAB) last released its quarterly earnings results on Wednesday, February 11th. The transportation company reported $2.10 earnings per share for the quarter, beating analysts’ consensus estimates of $2.08 by $0.02. Wabtec had a return on equity of 14.12% and a net margin of 10.48%.The business had revenue of $2.97 billion for the quarter, compared to the consensus estimate of $2.86 billion. During the same quarter last year, the business posted $1.68 earnings per share. The company’s revenue for the quarter was up 14.8% on a year-over-year basis. Wabtec has set its FY 2026 guidance at 10.050-10.450 EPS. As a group, research analysts anticipate that Wabtec will post 8.54 EPS for the current fiscal year.

Wabtec Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Tuesday, February 17th will be paid a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 0.5%. This is a boost from Wabtec’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend is Tuesday, February 17th. Wabtec’s payout ratio is 14.53%.

Wall Street Analyst Weigh In

Several research firms have issued reports on WAB. JPMorgan Chase & Co. increased their target price on Wabtec from $215.00 to $245.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 14th. Stephens boosted their price objective on Wabtec from $230.00 to $290.00 and gave the company an “overweight” rating in a research note on Thursday. Wolfe Research raised Wabtec from a “peer perform” rating to an “outperform” rating and set a $245.00 price objective on the stock in a report on Thursday, January 8th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Wabtec in a report on Wednesday, January 21st. Finally, Susquehanna set a $300.00 price target on Wabtec in a research report on Thursday. Eight investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $263.90.

Insider Buying and Selling at Wabtec

In other news, VP David L. Deninno sold 5,000 shares of the company’s stock in a transaction on Thursday, December 4th. The shares were sold at an average price of $214.62, for a total value of $1,073,100.00. Following the completion of the sale, the vice president owned 50,450 shares of the company’s stock, valued at approximately $10,827,579. This represents a 9.02% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Michael Fetsko sold 5,058 shares of Wabtec stock in a transaction on Friday, December 12th. The stock was sold at an average price of $215.72, for a total transaction of $1,091,111.76. Following the completion of the transaction, the insider owned 36,882 shares in the company, valued at approximately $7,956,185.04. The trade was a 12.06% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 15,673 shares of company stock valued at $3,420,576. Insiders own 1.10% of the company’s stock.

More Wabtec News

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.