Wabtec (NYSE:WAB) Updates FY 2026 Earnings Guidance

Wabtec (NYSE:WAB) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 10.250-10.650 for the period, compared to the consensus earnings per share estimate of 10.440. The company issued revenue guidance of $12.2 billion-$12.5 billion, compared to the consensus revenue estimate of $12.3 billion.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Rothschild & Co Redburn raised shares of Wabtec from a “neutral” rating to a “buy” rating and increased their price target for the stock from $262.00 to $285.00 in a report on Thursday, March 26th. Susquehanna set a $300.00 price target on shares of Wabtec in a report on Thursday, February 12th. JPMorgan Chase & Co. decreased their price target on shares of Wabtec from $290.00 to $280.00 and set a “neutral” rating on the stock in a report on Friday, April 10th. Wolfe Research raised shares of Wabtec from a “peer perform” rating to an “outperform” rating and set a $245.00 price target on the stock in a report on Thursday, January 8th. Finally, Citigroup increased their price target on shares of Wabtec from $283.00 to $292.00 and gave the stock a “buy” rating in a report on Thursday, April 9th. Ten research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $275.75.

Wabtec Price Performance

Shares of Wabtec stock opened at $257.78 on Wednesday. Wabtec has a 52-week low of $168.82 and a 52-week high of $275.84. The stock has a market capitalization of $43.87 billion, a price-to-earnings ratio of 37.74, a price-to-earnings-growth ratio of 1.99 and a beta of 0.99. The company has a fifty day moving average of $253.97 and a 200-day moving average of $227.77. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.57 and a current ratio of 1.11.

Wabtec (NYSE:WAB) last announced its quarterly earnings data on Wednesday, April 22nd. The transportation company reported $2.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.62 by $0.09. Wabtec had a net margin of 10.48% and a return on equity of 14.12%. The company had revenue of $2.95 billion during the quarter, compared to analysts’ expectations of $3.08 billion. Wabtec has set its FY 2026 guidance at 10.250-10.650 EPS. Equities research analysts expect that Wabtec will post 10.43 EPS for the current year.

Wabtec Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Tuesday, February 17th were paid a $0.31 dividend. This is a positive change from Wabtec’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend was Tuesday, February 17th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 0.5%. Wabtec’s dividend payout ratio is currently 18.16%.

Wabtec announced that its Board of Directors has initiated a share buyback plan on Wednesday, February 11th that allows the company to repurchase $1.20 billion in shares. This repurchase authorization allows the transportation company to reacquire up to 2.9% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s board believes its shares are undervalued.

Insider Buying and Selling

In other news, CEO Rafael Santana sold 60,852 shares of the company’s stock in a transaction on Tuesday, April 14th. The shares were sold at an average price of $268.89, for a total value of $16,362,494.28. Following the completion of the sale, the chief executive officer owned 128,729 shares of the company’s stock, valued at approximately $34,613,940.81. This represents a 32.10% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Sameer Gaur sold 1,150 shares of the company’s stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $262.62, for a total transaction of $302,013.00. Following the completion of the sale, the insider directly owned 12,017 shares of the company’s stock, valued at $3,155,904.54. This trade represents a 8.73% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 92,364 shares of company stock worth $24,522,522 in the last ninety days. 0.57% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Wabtec

Several institutional investors have recently added to or reduced their stakes in WAB. Guggenheim Capital LLC boosted its position in Wabtec by 7.4% during the 2nd quarter. Guggenheim Capital LLC now owns 4,938 shares of the transportation company’s stock valued at $1,034,000 after buying an additional 342 shares during the period. Bank of Nova Scotia boosted its position in Wabtec by 0.5% during the 2nd quarter. Bank of Nova Scotia now owns 17,890 shares of the transportation company’s stock valued at $3,745,000 after buying an additional 97 shares during the period. Nebula Research & Development LLC boosted its position in Wabtec by 208.7% during the 2nd quarter. Nebula Research & Development LLC now owns 5,386 shares of the transportation company’s stock valued at $1,128,000 after buying an additional 3,641 shares during the period. Treasurer of the State of North Carolina boosted its position in Wabtec by 11.6% during the 2nd quarter. Treasurer of the State of North Carolina now owns 92,097 shares of the transportation company’s stock valued at $19,281,000 after buying an additional 9,545 shares during the period. Finally, Ieq Capital LLC boosted its position in Wabtec by 19.2% during the 2nd quarter. Ieq Capital LLC now owns 30,352 shares of the transportation company’s stock valued at $6,354,000 after buying an additional 4,889 shares during the period. Hedge funds and other institutional investors own 91.69% of the company’s stock.

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.