Wabtec (NYSE:WAB) Given New $284.00 Price Target at Wells Fargo & Company

Wabtec (NYSE:WAB) had its price objective raised by Wells Fargo & Company from $270.00 to $284.00 in a research report report published on Thursday,Benzinga reports. The brokerage currently has an equal weight rating on the transportation company’s stock.

A number of other equities analysts have also recently issued reports on the company. Wall Street Zen cut Wabtec from a “buy” rating to a “hold” rating in a report on Saturday, March 14th. Jefferies Financial Group reissued a “buy” rating and issued a $290.00 target price (down from $300.00) on shares of Wabtec in a report on Tuesday, March 31st. Weiss Ratings restated a “buy (b)” rating on shares of Wabtec in a research report on Monday. Wolfe Research upgraded Wabtec from a “peer perform” rating to an “outperform” rating and set a $245.00 price target on the stock in a research report on Thursday, January 8th. Finally, Rothschild & Co Redburn upgraded 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 research report on Thursday, March 26th. Ten equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $289.55.

Wabtec Trading Up 3.2%

Shares of WAB opened at $269.79 on Thursday. Wabtec has a 1 year low of $179.25 and a 1 year high of $275.84. The company has a current ratio of 1.02, a quick ratio of 0.57 and a debt-to-equity ratio of 0.42. The stock has a 50 day simple moving average of $254.43 and a 200-day simple moving average of $228.30. The stock has a market cap of $45.91 billion, a PE ratio of 38.16, a PEG ratio of 1.96 and a beta of 0.99.

Wabtec (NYSE:WAB) last issued its earnings results on Wednesday, April 22nd. The transportation company reported $2.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.62 by $0.09. Wabtec had a return on equity of 14.52% and a net margin of 10.52%.The business had revenue of $2.95 billion during the quarter, compared to analysts’ expectations of $3.08 billion. During the same period in the prior year, the firm posted $2.28 EPS. Wabtec’s quarterly revenue was up 13.0% compared to the same quarter last year. Wabtec has set its FY 2026 guidance at 10.250-10.650 EPS. On average, sell-side analysts predict that Wabtec will post 10.5 EPS for the current fiscal year.

Wabtec Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 2nd. Investors of record on Tuesday, February 17th were given a dividend of $0.31 per share. This is a boost from Wabtec’s previous quarterly dividend of $0.25. The ex-dividend date was Tuesday, February 17th. This represents a $1.24 dividend on an annualized basis and a yield of 0.5%. Wabtec’s dividend payout ratio is currently 17.54%.

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

Insider Buying and Selling at Wabtec

In other Wabtec news, CEO Rafael Santana sold 60,852 shares of the stock in a transaction on Tuesday, April 14th. The stock was sold at an average price of $268.89, for a total value of $16,362,494.28. Following the transaction, the chief executive officer directly owned 128,729 shares in the company, valued at approximately $34,613,940.81. This trade represents a 32.10% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Nalin Jain sold 7,936 shares of the stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $264.09, for a total value of $2,095,818.24. Following the completion of the transaction, the insider owned 6,364 shares in the company, valued at $1,680,668.76. The trade was a 55.50% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 92,364 shares of company stock worth $24,522,522 over the last 90 days. Company insiders own 0.57% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of WAB. Guggenheim Capital LLC boosted its position in Wabtec by 7.4% in 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 last quarter. Bank of Nova Scotia boosted its position in Wabtec by 0.5% in 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 last quarter. Nebula Research & Development LLC boosted its position in shares of Wabtec by 208.7% in the 2nd quarter. Nebula Research & Development LLC now owns 5,386 shares of the transportation company’s stock worth $1,128,000 after purchasing an additional 3,641 shares during the last quarter. Treasurer of the State of North Carolina boosted its position in shares of Wabtec by 11.6% in the 2nd quarter. Treasurer of the State of North Carolina now owns 92,097 shares of the transportation company’s stock worth $19,281,000 after purchasing an additional 9,545 shares during the last quarter. Finally, Ieq Capital LLC boosted its position in shares of Wabtec by 19.2% in the 2nd quarter. Ieq Capital LLC now owns 30,352 shares of the transportation company’s stock worth $6,354,000 after purchasing an additional 4,889 shares during the last quarter. 91.69% of the stock is currently owned by institutional investors.

Key Headlines Impacting Wabtec

Here are the key news stories impacting Wabtec this week:

• Positive Sentiment: Q1 adjusted EPS beat and company raised FY‑2026 EPS range to $10.25–$10.65, with double‑digit sales and backlog expansion cited as drivers of margin and earnings upside. Wabtec Reports First Quarter 2026 Results
• Positive Sentiment: Wells Fargo bumped its price target from $270 to $284 (equal‑weight), providing fresh analyst support for upside. Wells Fargo price target raise
• Positive Sentiment: Technicals look constructive after WAB cleared the 20‑day moving average — a short‑term bullish signal that can attract momentum traders. WAB broke out above 20‑day MA
• Positive Sentiment: WAB is featured in a Zacks roundup of “high‑flying” old‑economy stocks, highlighting momentum and analyst optimism that could sustain buying interest. Zacks high‑flying stocks list
• Neutral Sentiment: Management’s earnings call emphasized “growth amid headwinds” — backlog and segment strength underpin confidence, but commentary flagged near‑term margin pressures and execution priorities. Earnings call summary
• Negative Sentiment: Revenue came in below some analysts’ estimates ($2.95B reported vs. ~ $3.08B consensus in several reports), and outlets flagged margin scrutiny — that miss pushed the stock lower briefly after the print. Revenue miss and stock slip

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.