Stock Buyback Plan Announced by Wabtec (NYSE:WAB)

Wabtec (NYSE:WAB) announced that its Board of Directors has initiated a share repurchase plan on Wednesday, February 11th, RTT News reports. The company plans to buyback $1.20 billion in outstanding shares. This buyback authorization allows the transportation company to reacquire up to 2.9% of its shares through open market purchases. Shares buyback plans are often a sign that the company’s board of directors believes its stock is undervalued.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on WAB shares. 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. Wolfe Research upgraded Wabtec from a “peer perform” rating to an “outperform” rating and set a $245.00 price objective on the stock in a research note on Thursday, January 8th. Citigroup raised their target price on Wabtec from $245.00 to $258.00 and gave the stock a “buy” rating in a research note on Friday, January 9th. Susquehanna lifted their target price on Wabtec from $240.00 to $280.00 and gave the company a “positive” rating in a report on Monday, January 26th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Wabtec in a report on Wednesday, January 21st. Eight investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $241.00.

Wabtec Price Performance

Wabtec stock traded up $7.84 during midday trading on Wednesday, hitting $254.29. 1,854,732 shares of the company’s stock were exchanged, compared to its average volume of 731,849. The company has a market cap of $43.47 billion, a P/E ratio of 36.96, a PEG ratio of 1.68 and a beta of 1.01. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.75 and a current ratio of 1.42. The stock has a 50-day moving average price of $224.73 and a two-hundred day moving average price of $206.45. Wabtec has a 52-week low of $151.81 and a 52-week high of $260.59.

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 the consensus estimate of $2.08 by $0.02. Wabtec had a return on equity of 13.84% and a net margin of 10.94%.The firm had revenue of $2.97 billion for the quarter, compared to analysts’ expectations of $2.86 billion. During the same quarter last year, the firm posted $1.68 EPS. The company’s revenue was up 14.8% compared to the same quarter last year. Wabtec has set its FY 2026 guidance at 10.050-10.450 EPS. On average, equities research analysts forecast that Wabtec will post 8.54 earnings per share for the current year.

Wabtec Increases Dividend

The business 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 $0.31 dividend. The ex-dividend date of this dividend is Tuesday, February 17th. This represents a $1.24 dividend on an annualized basis and a yield of 0.5%. This is a boost from Wabtec’s previous quarterly dividend of $0.25. Wabtec’s dividend payout ratio is presently 14.53%.

Wabtec News Summary

Here are the key news stories impacting Wabtec this week:

• Positive Sentiment: Q4 results beat expectations (EPS $2.10 vs ~$2.08 est.; revenue ~ $2.96–2.97B) and management raised full‑year 2026 guidance while reporting a record $27B backlog — the core reasons the stock moved up. Wabtec shares rise 3% as record backlog and strong earnings drive optimistic outlook
• Positive Sentiment: Company emphasized Freight strength and acquisition-driven growth; Zacks and other coverage note ~25% EPS jump y/y and ~15% revenue growth, underpinning the bullish outlook. Wabtec Q4 Earnings & Revenues Beat Estimates, Both Increase Y/Y
• Positive Sentiment: Wabtec completed the ~$960M acquisition of Dellner Couplers, expanding its passenger-transit product set and global footprint (13 countries) — a strategic bolt‑on that should lift transit revenue and cross‑sell opportunities. Wabtec Finalizes Acquisition of Dellner Couplers
• Positive Sentiment: Wabtec announced large locomotive/orders (roughly $2.5B in deals across major railroads, including a $670M CSX modernization order), supporting near‑term revenue visibility and backlog conversion. Wabtec signs $2.5 billion in locomotive deals. Will there be new Erie jobs?
• Positive Sentiment: Management launched the EVO modernization program and is guiding 2026 sales growth (~+10.5%), reiterating confidence in aftermarket/upgrades as a recurring revenue driver. Wabtec expects 2026 sales up 10.5% and launches EVO modernization amid record $27B backlog
• Neutral Sentiment: Short interest has declined recently (~14% drop in January), reducing one potential headwind but not a major directional driver on its own.

Insider Activity at Wabtec

In other Wabtec news, CEO Rafael Santana sold 1,798 shares of the firm’s stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $212.17, for a total transaction of $381,481.66. Following the sale, the chief executive officer owned 125,941 shares in the company, valued at $26,720,901.97. This trade represents a 1.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Rogerio Mendonca sold 2,019 shares of Wabtec stock in a transaction dated Thursday, December 4th. The stock was sold at an average price of $214.51, for a total value of $433,095.69. Following the sale, the insider directly owned 9,516 shares of the company’s stock, valued at approximately $2,041,277.16. This trade represents a 17.50% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 13,875 shares of company stock worth $2,978,789 over the last quarter. 1.10% of the stock is currently owned by corporate insiders.

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.