Wabtec (NYSE:WAB) Releases 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 (EPS) guidance of 10.050-10.450 for the period, compared to the consensus estimate of 10.180. The company issued revenue guidance of $12.2 billion-$12.5 billion, compared to the consensus revenue estimate of $11.6 billion.

Analyst Ratings Changes

Several analysts have recently commented on the company. Weiss Ratings reiterated a “buy (b)” rating on shares of Wabtec in a report on Wednesday, January 21st. Wolfe Research upgraded shares of 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. JPMorgan Chase & Co. upped their price objective on Wabtec from $215.00 to $245.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 14th. Bank of America boosted their target price on shares of Wabtec from $228.00 to $233.00 and gave the company a “buy” rating in a research note on Thursday, November 13th. Finally, Stephens increased their target price on shares of Wabtec from $230.00 to $290.00 and gave the company an “overweight” rating in a research report on Thursday. Eight research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, Wabtec presently has an average rating of “Moderate Buy” and a consensus price target of $259.30.

Wabtec Price Performance

WAB stock opened at $254.05 on Friday. Wabtec has a 12-month low of $151.81 and a 12-month high of $262.40. The business’s fifty day moving average price is $225.53 and its 200 day moving average price is $206.78. The company has a market capitalization of $43.43 billion, a PE ratio of 37.20, a P/E/G ratio of 1.74 and a beta of 1.01. The company has a current ratio of 1.11, a quick ratio of 0.75 and a debt-to-equity ratio of 0.38.

Wabtec (NYSE:WAB) last posted its quarterly earnings results on Wednesday, February 11th. The transportation company reported $2.10 EPS for the quarter, topping the consensus estimate of $2.08 by $0.02. Wabtec had a net margin of 10.48% and a return on equity of 14.12%. The business had revenue of $2.97 billion during the quarter, compared to the consensus estimate of $2.86 billion. During the same quarter in the previous year, the firm posted $1.68 earnings per share. The company’s quarterly 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, sell-side analysts anticipate that Wabtec will post 8.54 EPS for the current year.

Wabtec Increases Dividend

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

Wabtec declared that its board has approved a share buyback plan on Wednesday, February 11th that authorizes the company to repurchase $1.20 billion in outstanding shares. This repurchase authorization authorizes the transportation company to purchase up to 2.9% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s board of directors believes its stock is undervalued.

Insider Transactions at Wabtec

In other news, VP David L. Deninno sold 5,000 shares of the business’s stock in a transaction dated Thursday, December 4th. The stock was 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 directly owned 50,450 shares of the company’s stock, valued at approximately $10,827,579. The trade was a 9.02% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Rogerio Mendonca sold 2,019 shares of the business’s stock in a transaction that occurred on Thursday, December 4th. The shares were sold at an average price of $214.51, for a total value of $433,095.69. Following the completion of the sale, the insider owned 9,516 shares of the company’s stock, valued at approximately $2,041,277.16. This represents a 17.50% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 15,673 shares of company stock worth $3,420,576 over the last three months. 1.10% of the stock is currently owned by company insiders.

Wabtec News Roundup

Here are the key news stories impacting Wabtec this week:

• Positive Sentiment: Q4 results beat consensus and management issued upbeat FY‑2026 guidance — EPS and revenue topped estimates, adjusted EPS jumped y/y, and management raised FY guidance for both EPS (10.05–10.45) and revenue ($12.2–12.5B), signaling stronger-than-expected demand and margin outlook. Wabtec (NYSE:WAB) Delivers Strong Q4 CY2025 Numbers
• Positive Sentiment: Record backlog and large locomotive contracts support multi-year revenue visibility — backlog hit ~$27B and Wabtec cited major new orders (including ~$2.5B in locomotive deals), underpinning revenue growth and aftermarket services. Wabtec sales increase in fourth quarter as backlog hits record levels
• Positive Sentiment: $1.2 billion share buyback authorized — board approval to repurchase up to ~2.9% of shares can support EPS and signal management confidence in valuation. RTT News – Stock Buybacks
• Positive Sentiment: Acquisition of Dellner Couplers completed (adds safety‑critical passenger-rail tech and global footprint) — strengthens transit portfolio and should accelerate cross-selling in passenger systems. Wabtec Finalizes Acquisition of Dellner Couplers
• Positive Sentiment: Analysts are revising estimates and price targets higher — Stephens raised its price target to $290 (overweight) and other shops boosted forecasts after Q4, which could attract buy-side interest. Benzinga – Analysts Boost Forecasts
• Neutral Sentiment: Rail customer orders in the market (CSX and others) may benefit Wabtec as fleet renewals continue — CSX awarded large locomotive contracts that expand addressable market, but timing and Wabtec’s direct participation vary. Railway Gazette – CSX awards $670m contract
• Negative Sentiment: Insider selling by CEO — Rafael Santana sold ~1,798 shares (~1.49% lower personal holding), a small, disclosed sale that some traders may view negatively despite being modest relative to total holdings. SEC Form 4 – Insider Sale

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. Bank of Montreal Can increased its position in Wabtec by 360.0% during the 4th quarter. Bank of Montreal Can now owns 885,197 shares of the transportation company’s stock worth $188,945,000 after purchasing an additional 692,773 shares during the period. UBS Group AG boosted its stake in shares of Wabtec by 194.2% in the third quarter. UBS Group AG now owns 1,033,304 shares of the transportation company’s stock valued at $207,146,000 after buying an additional 682,048 shares in the last quarter. AQR Capital Management LLC grew its holdings in Wabtec by 76.3% during the third quarter. AQR Capital Management LLC now owns 1,229,270 shares of the transportation company’s stock worth $245,534,000 after acquiring an additional 532,121 shares during the period. Voloridge Investment Management LLC raised its position in Wabtec by 819.1% in the third quarter. Voloridge Investment Management LLC now owns 410,576 shares of the transportation company’s stock worth $82,308,000 after acquiring an additional 365,905 shares in the last quarter. Finally, Alyeska Investment Group L.P. lifted its holdings in Wabtec by 118.6% in the third quarter. Alyeska Investment Group L.P. now owns 636,150 shares of the transportation company’s stock valued at $127,529,000 after acquiring an additional 345,083 shares during the period. 91.69% of the stock is owned by hedge funds and other institutional investors.

About Wabtec

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.