Wabtec (NYSE:WAB) Stock Price Target Raised at Stephens

Wabtec (NYSE:WAB) had its target price lifted by Stephens from $330.00 to $340.00 in a research report sent to investors on Wednesday. Stephens currently has an overweight rating on the transportation company’s stock.

A number of other research analysts have also recently commented on the stock. KeyCorp raised their price target on shares of Wabtec from $308.00 to $340.00 and gave the stock an “overweight” rating in a research note on Thursday, July 23rd. Citigroup lowered their price objective on Wabtec from $341.00 to $338.00 and set a “buy” rating on the stock in a research note on Thursday, October 8th. Susquehanna increased their target price on Wabtec from $305.00 to $340.00 and gave the stock a “positive” rating in a report on Thursday, July 23rd. Wells Fargo & Company raised their target price on Wabtec from $284.00 to $315.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 23rd. Finally, Morgan Stanley boosted their price target on Wabtec from $318.00 to $355.00 and gave the company an “overweight” rating in a research note on Thursday, July 23rd. Ten research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $320.55.

Wabtec Stock Performance

Wabtec stock traded down $14.60 on Wednesday, hitting $274.36. The company’s stock had a trading volume of 310,397 shares, compared to its average volume of 911,291. Wabtec has a one year low of $193.86 and a one year high of $306.64. The firm has a market cap of $46.34 billion, a P/E ratio of 36.94, a price-to-earnings-growth ratio of 1.91 and a beta of 0.92. The company has a quick ratio of 0.59, a current ratio of 1.12 and a debt-to-equity ratio of 0.44. The company has a fifty day moving average price of $287.76 and a 200-day moving average price of $276.05.

Wabtec (NYSE:WAB) last released its quarterly earnings data on Wednesday, October 21st. The transportation company reported $2.83 EPS for the quarter, topping analysts’ consensus estimates of $2.73 by $0.10. Wabtec had a net margin of 10.59% and a return on equity of 15.10%. The company had revenue of $3.12 billion during the quarter, compared to the consensus estimate of $3.20 billion. During the same period last year, the firm earned $2.32 EPS. The firm’s revenue for the quarter was up 8.1% compared to the same quarter last year. On average, equities analysts anticipate that Wabtec will post 10.89 earnings per share for the current year.

Wabtec Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 1st. Investors of record on Tuesday, November 17th will be issued a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend is Tuesday, November 17th. Wabtec’s dividend payout ratio (DPR) is currently 16.67%.

Insider Activity

In other Wabtec news, CTO Eric Gebhardt sold 7,100 shares of the business’s stock in a transaction dated Friday, July 24th. The shares were sold at an average price of $299.27, for a total value of $2,124,817.00. Following the transaction, the chief technology officer directly owned 19,153 shares in the company, valued at $5,731,918.31. The trade was a 27.04% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP David L. Deninno sold 3,000 shares of the company’s stock in a transaction dated Friday, July 24th. The stock was sold at an average price of $301.31, for a total transaction of $903,930.00. Following the sale, the vice president directly owned 55,128 shares in the company, valued at $16,610,617.68. This represents a 5.16% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 17,552 shares of company stock worth $5,232,911 over the last ninety days. Corporate insiders own 0.57% of the company’s stock.

Institutional Investors Weigh In On Wabtec

A number of large investors have recently bought and sold shares of the business. BlackRock Inc. bought a new position in Wabtec in the 2nd quarter valued at $3,741,077,000. State Street Corp grew its holdings in shares of 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 purchasing an additional 164,806 shares during the last quarter. Amundi grew its holdings in shares of Wabtec by 43.9% during the second quarter. Amundi now owns 1,580,919 shares of the transportation company’s stock worth $426,216,000 after purchasing an additional 482,323 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of Wabtec by 2.4% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,424,945 shares of the transportation company’s stock valued at $384,165,000 after buying an additional 33,942 shares in the last quarter. Finally, Assenagon Asset Management S.A. increased its stake in shares of Wabtec by 288.0% in the first quarter. Assenagon Asset Management S.A. now owns 851,733 shares of the transportation company’s stock valued at $212,857,000 after buying an additional 632,218 shares in the last quarter. 91.69% of the stock is currently owned by institutional investors.

Key Wabtec News

Here are the key news stories impacting Wabtec this week:

• Positive Sentiment: Adjusted EPS was $2.83, above the roughly $2.72–$2.73 consensus and up from $2.32 a year earlier. Adjusted operating margin expanded 1.9 percentage points to 22.9%, demonstrating meaningful cost and productivity benefits. Wabtec Tops Q3 Earnings Estimates
• Positive Sentiment: Wabtec raised and tightened its 2026 adjusted EPS outlook to $10.85–$11.05, with the top end increasing to $11.05. Management cited margin gains from its “Integration 3.0” program. Wabtec Raises 2026 EPS Outlook
• Positive Sentiment: Quarterly sales increased 8.1% year over year to $3.12 billion, supported by growth in both the Freight and Transit segments. The multi-year backlog exceeded $31 billion, up 22.9%, providing long-term revenue visibility. Wabtec Long-Term Investor Takeaways
• Neutral Sentiment: The earnings call highlighted robust demand, a growing order backlog and continued execution across the company’s rail businesses, although investors will monitor whether backlog converts into sales at the expected pace. Wabtec Earnings Call Highlights
• Negative Sentiment: Revenue of $3.12 billion missed the approximately $3.20 billion analyst estimate. That sales miss is likely overshadowing the EPS beat and guidance increase, particularly because WAB trades at a relatively demanding valuation near 39 times earnings. Wabtec Revenue Miss

About Wabtec

Westinghouse Air Brake Technologies Corporation, doing business as Wabtec (NYSE: WAB), is a global provider of equipment, systems, digital solutions and services for the freight and passenger rail industries. The company develops technologies intended to improve the safety, efficiency, reliability and sustainability of rail transportation.

Wabtec’s products and services include locomotives, locomotive components and modernization programs, braking systems, train control and signaling equipment, power and propulsion systems, and advanced digital solutions.