Wabtec (NYSE:WAB) Price Target Raised to $320.00

Wabtec (NYSE:WAB) had its price target lifted by JPMorgan Chase & Co. from $315.00 to $320.00 in a report published on Monday,Benzinga reports. JPMorgan Chase & Co. currently has a neutral rating on the transportation company’s stock.

A number of other research analysts have also recently weighed in on the stock. Citigroup lifted their price objective on shares of Wabtec from $311.00 to $341.00 and gave the company a “buy” rating in a report on Thursday, August 13th. Wells Fargo & Company increased their target price on shares of Wabtec from $284.00 to $315.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 23rd. Weiss Ratings restated a “buy (b)” rating on shares of Wabtec in a research report on Friday, July 17th. Stephens lifted their price target on Wabtec from $320.00 to $330.00 and gave the company an “overweight” rating in a research note on Thursday, July 23rd. Finally, Susquehanna upped their price target on Wabtec from $305.00 to $340.00 and gave the stock a “positive” rating in a report on Thursday, July 23rd. Ten investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $313.82.

Wabtec Trading Up 1.0%

Shares of NYSE:WAB opened at $292.51 on Monday. The company has a current ratio of 1.12, a quick ratio of 0.59 and a debt-to-equity ratio of 0.44. Wabtec has a 12-month low of $186.06 and a 12-month high of $306.64. The business has a 50 day moving average of $288.51 and a two-hundred day moving average of $269.86. The company has a market capitalization of $49.41 billion, a PE ratio of 39.32, a PEG ratio of 1.96 and a beta of 0.92.

Wabtec (NYSE:WAB) last issued its quarterly earnings data on Wednesday, July 22nd. The transportation company reported $2.76 EPS for the quarter, topping analysts’ consensus estimates of $2.60 by $0.16. Wabtec had a net margin of 10.59% and a return on equity of 15.10%. The business had revenue of $3.18 billion for the quarter, compared to analysts’ expectations of $3.07 billion. During the same quarter last year, the company earned $2.27 EPS. The business’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. As a group, analysts forecast that Wabtec will post 10.89 EPS for the current year.

Wabtec Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Tuesday, August 18th were issued a $0.31 dividend. The ex-dividend date was 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 presently 16.67%.

Insider Activity at Wabtec

In other news, EVP Gregory Sbrocco sold 952 shares of the firm’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $300.00, for a total value of $285,600.00. Following the transaction, the executive vice president directly owned 21,043 shares of the company’s stock, valued at approximately $6,312,900. This trade represents a 4.33% decrease in their ownership of the stock. The transaction was disclosed in a 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 Michael Fetsko sold 3,250 shares of the business’s stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $293.22, for a total transaction of $952,965.00. Following the transaction, the insider owned 37,380 shares in the company, valued at $10,960,563.60. The trade was a 8.00% 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 17,628 shares of company stock worth $5,220,523 over the last 90 days. Corporate insiders own 0.57% of the company’s stock.

Institutional Trading of Wabtec

A number of hedge funds have recently bought and sold shares of the business. QRG Capital Management Inc. grew its position in shares of Wabtec by 5.5% in the second quarter. QRG Capital Management Inc. now owns 93,442 shares of the transportation company’s stock valued at $25,192,000 after purchasing an additional 4,878 shares in the last quarter. Andra AP fonden lifted its position in Wabtec by 7.0% during the second quarter. Andra AP fonden now owns 36,503 shares of the transportation company’s stock worth $9,841,000 after buying an additional 2,400 shares in the last quarter. State Street Corp boosted its stake in Wabtec by 2.1% during the second quarter. State Street Corp now owns 7,905,748 shares of the transportation company’s stock worth $2,131,390,000 after buying an additional 164,806 shares during the last quarter. Security National Bank of Sioux City Iowa IA boosted its stake in Wabtec by 18.9% during the second quarter. Security National Bank of Sioux City Iowa IA now owns 9,396 shares of the transportation company’s stock worth $2,533,000 after buying an additional 1,495 shares during the last quarter. Finally, Junto Capital Management LP purchased a new stake in Wabtec in the 2nd quarter valued at $142,007,000. Institutional investors and hedge funds own 91.69% of the company’s stock.

Key Stories Impacting Wabtec

Here are the key news stories impacting Wabtec this week:

• Positive Sentiment: Major Guinea services contract: Wabtec secured a rail-services agreement worth more than $700 million with La Compagnie du TransGuinéen to support the Simandou mining railway in Guinea. Including locomotive orders announced in 2024, Wabtec’s Simandou-related agreements now exceed $1.2 billion. The contract expands its African presence and should provide long-term, recurring services revenue. Wabtec Secures $700M+ Rail Services Deal, Expands Africa Footprint
• Positive Sentiment: Analyst remains bullish: Bank of America analyst Ken Hoexter reiterated a Buy rating and maintained a $322 price target, citing Wabtec’s expanding international services business and robust backlog. The target implies additional upside from the reported trading level. Analyst Reiterates Buy on Wabtec
• Positive Sentiment: Additional international demand: Kyrgyzstan reportedly plans to purchase 10 U.S.-made freight locomotives, potentially adding to Wabtec’s global locomotive order pipeline, although the financial impact was not disclosed. Kyrgyzstan to buy 10 freight locomotives from U.S.
• Neutral Sentiment: Valuation and execution considerations: Wabtec trades near its 52-week high at roughly 39 times earnings. The Guinea agreement is strategically important, but revenue and profit timing, project execution, commodity-market conditions and geopolitical risks remain uncertain. The company’s fiscal 2026 EPS guidance is $10.60–$10.90.
• Neutral Sentiment: Colorado River legislation: A proposed federal water-infrastructure bill could benefit engineering and construction firms such as AECOM, Jacobs and Fluor, but it is not expected to have a material direct effect on Wabtec, whose core business is rail equipment and services. Colorado River Basin Water Security and Infrastructure Act

About Wabtec

Westinghouse Air Brake Technologies Corporation, known as Wabtec, is a global provider of equipment, systems, and services for the freight and transit rail industries. The company develops technologies designed to improve the safety, efficiency, reliability, and environmental performance of rail transportation.

Wabtec’s products and services include locomotives and locomotive components, braking systems, rail-control and signaling technologies, digital train-management solutions, and equipment for freight cars and passenger rail vehicles.