Wabtec (NYSE:WAB) Issues FY 2026 Earnings Guidance

Wabtec (NYSE:WAB) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 10.250-10.650 for the period, compared to the consensus earnings per share estimate of 10.440. The company issued revenue guidance of $12.2 billion-$12.5 billion, compared to the consensus revenue estimate of $12.3 billion.

Wabtec Stock Up 1.1%

Shares of Wabtec stock opened at $264.41 on Thursday. The company has a current ratio of 1.11, a quick ratio of 0.57 and a debt-to-equity ratio of 0.38. Wabtec has a 12-month low of $179.25 and a 12-month high of $275.84. The company’s fifty day simple moving average is $254.12 and its two-hundred day simple moving average is $228.01. The company has a market cap of $44.99 billion, a P/E ratio of 38.71, a PEG ratio of 1.94 and a beta of 0.99.

Wabtec (NYSE:WAB) last released its quarterly earnings data on Wednesday, April 22nd. The transportation company reported $2.71 earnings per share for the quarter, beating analysts’ consensus estimates of $2.62 by $0.09. Wabtec had a net margin of 10.48% and a return on equity of 14.12%. The company had revenue of $2.95 billion during the quarter, compared to analysts’ expectations of $3.08 billion. During the same quarter in the previous year, the company earned $2.28 earnings per share. The firm’s revenue for the quarter was up 13.0% on a year-over-year basis. Wabtec has set its FY 2026 guidance at 10.250-10.650 EPS. Research analysts anticipate that Wabtec will post 10.43 EPS for the current year.

Wabtec Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Tuesday, February 17th were given a dividend of $0.31 per share. This is a positive change from Wabtec’s previous quarterly dividend of $0.25. The ex-dividend date was Tuesday, February 17th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 0.5%. Wabtec’s payout ratio is 18.16%.

Wabtec declared that its board has authorized a share buyback program on Wednesday, February 11th that authorizes the company to buyback $1.20 billion in shares. This buyback authorization authorizes the transportation company to purchase up to 2.9% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s board believes its stock is undervalued.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on WAB. Citigroup raised their target price on shares of Wabtec from $283.00 to $292.00 and gave the stock a “buy” rating in a research note on Thursday, April 9th. Susquehanna reaffirmed a “positive” rating on shares of Wabtec in a report on Thursday. Rothschild & Co Redburn raised Wabtec from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $262.00 to $285.00 in a research note on Thursday, March 26th. Wells Fargo & Company upped their target price on Wabtec from $224.00 to $270.00 and gave the company an “equal weight” rating in a report on Friday, February 13th. Finally, Wolfe Research raised Wabtec from a “peer perform” rating to an “outperform” rating and set a $245.00 target price for the company in a research note on Thursday, January 8th. Ten analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $282.55.

Insider Activity at Wabtec

In other Wabtec news, CFO John A. Olin sold 11,000 shares of Wabtec stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $263.30, for a total transaction of $2,896,300.00. Following the completion of the sale, the chief financial officer directly owned 60,487 shares in the company, valued at $15,926,227.10. This trade represents a 15.39% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Gina Trombley sold 4,013 shares of the company’s stock in a transaction that occurred on Thursday, March 12th. The stock was sold at an average price of $241.87, for a total transaction of $970,624.31. Following the completion of the transaction, the executive vice president owned 13,841 shares in the company, valued at approximately $3,347,722.67. This represents a 22.48% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 92,364 shares of company stock valued at $24,522,522 over the last quarter. 0.57% of the stock is owned by insiders.

Key Headlines Impacting Wabtec

Here are the key news stories impacting Wabtec this week:

• Positive Sentiment: Q1 adjusted EPS beat and strong profitability — Wabtec reported adjusted EPS of $2.71 (up ~19% YoY), beating consensus and showing margin strength that supports earnings growth expectations. BusinessWire: Q1 Results
• Positive Sentiment: Management raised FY2026 adjusted EPS guidance to $10.25–$10.65, above prior midpoint and consistent with above-consensus profitability outlook — a key reason investors are bidding the stock higher. Seeking Alpha: Guidance Raise
• Positive Sentiment: Top-line growth and backlog expansion — Q1 sales rose ~13% YoY to $2.95B, and backlog expanded to about $30.8B, supporting multi-year revenue visibility and contributing to the upbeat investor reaction. BusinessWire: Backlog & Sales
• Neutral Sentiment: Revenue guidance held roughly steady — management kept FY revenue guidance in a narrow band (~$12.2B–$12.5B), which aligns with consensus but leaves less upside for top-line surprises. MarketBeat: Guidance Details
• Negative Sentiment: Revenue missed some analyst estimates and prompted margin scrutiny — while EPS beat, revenue of $2.95B was below some street forecasts (~$3.08B), which caused an initial intraday pullback in some reports and highlights execution risks in parts of the business. Investing.com: Revenue Miss

Hedge Funds Weigh In On Wabtec

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Manchester Capital Management LLC lifted its position in shares of Wabtec by 122.0% during the fourth quarter. Manchester Capital Management LLC now owns 131 shares of the transportation company’s stock worth $28,000 after purchasing an additional 72 shares in the last quarter. McMillan Office Inc. purchased a new stake in Wabtec during the 4th quarter worth approximately $31,000. DV Equities LLC acquired a new stake in Wabtec during the 4th quarter worth approximately $51,000. Johnson Financial Group Inc. acquired a new stake in Wabtec during the 3rd quarter worth approximately $62,000. Finally, Larson Financial Group LLC boosted its position in Wabtec by 23.6% in the 3rd quarter. Larson Financial Group LLC now owns 377 shares of the transportation company’s stock valued at $76,000 after buying an additional 72 shares during the period. 91.69% of the stock is currently owned by hedge funds and other institutional investors.

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.