Wabtec (NYSE:WAB) Price Target Raised to $290.00 at Stephens

Wabtec (NYSE:WAB) had its price target lifted by research analysts at Stephens from $230.00 to $290.00 in a report released on Thursday,Benzinga reports. The firm presently has an “overweight” rating on the transportation company’s stock. Stephens’ price target suggests a potential upside of 14.23% from the company’s current price.

Other equities research analysts have also recently issued research reports about the stock. JPMorgan Chase & Co. raised their target price on shares of Wabtec from $215.00 to $245.00 and gave the stock a “neutral” rating in a report on Wednesday, January 14th. Bank of America lifted their price objective on Wabtec from $228.00 to $233.00 and gave the stock a “buy” rating in a report on Thursday, November 13th. Weiss Ratings reiterated a “buy (b)” rating on shares of Wabtec in a research report on Wednesday, January 21st. Morgan Stanley increased their target price on Wabtec from $257.00 to $264.00 and gave the company an “overweight” rating in a report on Monday, January 12th. Finally, Wells Fargo & Company boosted their price target on Wabtec from $221.00 to $224.00 and gave the company an “equal weight” rating in a research note on Wednesday, December 17th. Eight investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, Wabtec currently has an average rating of “Moderate Buy” and an average target price of $256.80.

Wabtec Stock Performance

NYSE WAB traded down $0.55 during trading hours on Thursday, hitting $253.87. The company’s stock had a trading volume of 344,266 shares, compared to its average volume of 762,569. Wabtec has a 12 month low of $151.81 and a 12 month high of $262.40. The company’s 50 day simple moving average is $224.73 and its two-hundred day simple moving average is $206.45. The company has a market cap of $43.40 billion, a P/E ratio of 36.90, a price-to-earnings-growth ratio of 1.68 and a beta of 1.01. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.42 and a quick ratio of 0.75.

Wabtec (NYSE:WAB) last posted its earnings results on Wednesday, February 11th. The transportation company reported $2.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.08 by $0.02. The business had revenue of $2.97 billion for the quarter, compared to analysts’ expectations of $2.86 billion. Wabtec had a net margin of 10.94% and a return on equity of 13.84%. The business’s revenue for the quarter was up 14.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.68 EPS. Wabtec has set its FY 2026 guidance at 10.050-10.450 EPS. As a group, sell-side analysts expect that Wabtec will post 8.54 EPS for the current fiscal year.

Wabtec announced that its board has approved a share repurchase program on Wednesday, February 11th that permits the company to buyback $1.20 billion in outstanding shares. This buyback authorization permits the transportation company to reacquire up to 2.9% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s management believes its shares are undervalued.

Insider Activity

In related news, insider Michael Fetsko sold 5,058 shares of Wabtec stock in a transaction on Friday, December 12th. The shares were sold at an average price of $215.72, for a total transaction of $1,091,111.76. Following 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP David L. Deninno sold 5,000 shares of the company’s stock in a transaction on Thursday, December 4th. The stock was sold at an average price of $214.62, for a total transaction of $1,073,100.00. Following the completion of the transaction, the vice president directly owned 50,450 shares of the company’s stock, valued at $10,827,579. This represents a 9.02% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 13,875 shares of company stock worth $2,978,789 over the last ninety days. Company insiders own 1.10% of the company’s stock.

Hedge Funds Weigh In On Wabtec

A number of hedge funds have recently made changes to their positions in the business. Bank of Montreal Can grew its position in shares of Wabtec by 360.0% during the fourth quarter. Bank of Montreal Can now owns 885,197 shares of the transportation company’s stock valued at $188,945,000 after purchasing an additional 692,773 shares in the last quarter. Loomis Sayles & Co. L P boosted its stake in Wabtec by 654.9% during the fourth quarter. Loomis Sayles & Co. L P now owns 2,748 shares of the transportation company’s stock valued at $587,000 after buying an additional 2,384 shares during the last quarter. McMillan Office Inc. purchased a new position in Wabtec during the 4th quarter valued at approximately $31,000. Brown Brothers Harriman & Co. grew its holdings in Wabtec by 89.9% during the 4th quarter. Brown Brothers Harriman & Co. now owns 5,038 shares of the transportation company’s stock valued at $1,075,000 after buying an additional 2,385 shares in the last quarter. Finally, Aviva PLC increased its stake in Wabtec by 1.4% in the 4th quarter. Aviva PLC now owns 971,941 shares of the transportation company’s stock worth $207,461,000 after acquiring an additional 13,458 shares during the last quarter. Institutional investors own 91.69% of the company’s stock.

Key Wabtec News

Here are the key news stories impacting Wabtec this week:

• Positive Sentiment: Q4 results and FY2026 outlook beat expectations — Wabtec reported stronger-than-expected Q4 EPS and revenue with double-digit revenue growth and raised FY2026 revenue guidance above consensus, underpinning the bullish reaction. Wabtec (NYSE:WAB) Delivers Strong Q4 CY2025 Numbers
• Positive Sentiment: Record backlog and large new contracts — Management reported a record ~$27B backlog and cited major locomotive/train deals (including ~$2.5B of new orders), which support revenue visibility and growth for 2026. Wabtec shares rise 3% as record backlog and strong earnings drive optimistic outlook
• Positive Sentiment: $1.20B stock buyback approved — The board authorized repurchases up to $1.2 billion (~2.9% of shares), a signal management sees value in the stock and a direct EPS/share support mechanism. RTT News – Stock Buybacks
• Positive Sentiment: Acquisition closed: Dellner Couplers — Wabtec finalized acquisition of Dellner Couplers (adds safety-critical coupler tech and expands its transit portfolio globally), which management frames as accretive to passenger-rail growth and product breadth. Wabtec Finalizes Acquisition of Dellner Couplers
• Positive Sentiment: Strong cash generation and full-year metrics — FY2025 showed solid cash from operations and multi-year EPS growth, supporting capital allocation (buybacks, dividends, M&A). Wabtec Delivers Strong Fourth Quarter 2025 Results; Announces 2026 Full-Year Guidance
• Positive Sentiment: Local contract details reinforce demand — Coverage highlighting $2.5B in locomotive/trains orders (customer wins with major railroads) gives concrete examples of backlog conversion opportunities. Wabtec signs $2.5 billion in locomotive deals. Will there be new Erie jobs?
• Neutral Sentiment: Short interest fell in January — Short positions decreased materially (~14% drop), which reduces immediate short-pressure but doesn’t change fundamentals. Short interest update
• Neutral Sentiment: Acquisition and buyback imply cash use — The Dellner purchase (~$960M reported elsewhere) and $1.2B buyback mean meaningful cash deployment; with modest leverage reported, investors should watch integration execution and near‑term free cash flow. Wabtec completes $960M acquisition, adds facilities in 13 countries

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.