Key Points
- Insider sale: Director Rogerio Mendonca sold 2,019 Wabtec shares at an average of $214.51 for about $433,096, cutting his ownership by 17.5% to 9,516 shares (≈$2.04M).
- Earnings & guidance: Wabtec beat quarterly EPS estimates ($2.32 vs. $2.28) with revenue up 8.4% YoY to $2.89B and set FY2025 guidance of $8.85–$9.05 EPS; analysts forecast 8.54 EPS and a consensus price target of $226.78.
- Valuation & dividend: The company has a $36.7B market cap and a P/E of 31.21, the stock sits near its 52‑week high ($216.10), and Wabtec pays a $0.25 quarterly dividend ($1.00 annualized, ~0.5% yield).
Wabtec (NYSE:WAB - Get Free Report) insider Rogerio Mendonca sold 2,019 shares of the business's stock in a transaction on Thursday, December 4th. The stock was sold at an average price of $214.51, for a total value of $433,095.69. Following the completion of the transaction, the insider directly owned 9,516 shares of the company's stock, valued at approximately $2,041,277.16. This trade represents a 17.50% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Wabtec Stock Up 0.3%
WAB opened at $214.71 on Friday. The company has a quick ratio of 0.75, a current ratio of 1.42 and a debt-to-equity ratio of 0.45. The firm has a market cap of $36.71 billion, a P/E ratio of 31.21, a PEG ratio of 1.65 and a beta of 0.99. Wabtec has a 52 week low of $151.81 and a 52 week high of $216.10. The business's fifty day simple moving average is $201.73 and its 200 day simple moving average is $200.11.
Wabtec (NYSE:WAB - Get Free Report) last announced its earnings results on Wednesday, October 22nd. The transportation company reported $2.32 earnings per share for the quarter, beating the consensus estimate of $2.28 by $0.04. Wabtec had a net margin of 10.94% and a return on equity of 13.84%. The firm had revenue of $2.89 billion during the quarter, compared to the consensus estimate of $2.88 billion. During the same quarter in the previous year, the company posted $2.00 EPS. The firm's revenue for the quarter was up 8.4% on a year-over-year basis. Wabtec has set its FY 2025 guidance at 8.850-9.050 EPS. As a group, equities research analysts anticipate that Wabtec will post 8.54 EPS for the current fiscal year.
Wabtec Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 26th. Investors of record on Wednesday, November 12th were paid a dividend of $0.25 per share. The ex-dividend date of this dividend was Wednesday, November 12th. This represents a $1.00 annualized dividend and a dividend yield of 0.5%. Wabtec's dividend payout ratio is presently 14.53%.
Analysts Set New Price Targets
WAB has been the subject of several recent analyst reports. Wells Fargo & Company began coverage on shares of Wabtec in a research note on Thursday, November 13th. They issued an "equal weight" rating and a $221.00 target price for the company. Bank of America increased their price target on Wabtec from $228.00 to $233.00 and gave the stock a "buy" rating in a research note on Thursday, November 13th. Wall Street Zen downgraded Wabtec from a "buy" rating to a "hold" rating in a research report on Saturday, August 9th. Weiss Ratings reiterated a "buy (b)" rating on shares of Wabtec in a research note on Wednesday, October 8th. Finally, JPMorgan Chase & Co. increased their target price on Wabtec from $200.00 to $215.00 and gave the stock a "neutral" rating in a research report on Tuesday, October 14th. Seven analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $226.78.
Check Out Our Latest Stock Analysis on WAB
Institutional Trading of Wabtec
Institutional investors have recently made changes to their positions in the stock. Forsta AP Fonden increased its holdings in shares of Wabtec by 40.4% during the 1st quarter. Forsta AP Fonden now owns 69,800 shares of the transportation company's stock worth $12,658,000 after buying an additional 20,100 shares during the last quarter. AGF Management Ltd. boosted its holdings in Wabtec by 11.9% in the first quarter. AGF Management Ltd. now owns 62,352 shares of the transportation company's stock valued at $11,308,000 after acquiring an additional 6,623 shares during the last quarter. Banco Bilbao Vizcaya Argentaria S.A. grew its position in Wabtec by 3.2% during the first quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 66,188 shares of the transportation company's stock valued at $12,004,000 after acquiring an additional 2,044 shares during the period. Jump Financial LLC grew its position in Wabtec by 30.3% during the first quarter. Jump Financial LLC now owns 33,100 shares of the transportation company's stock valued at $6,003,000 after acquiring an additional 7,703 shares during the period. Finally, BNP Paribas Financial Markets increased its stake in Wabtec by 46.0% during the first quarter. BNP Paribas Financial Markets now owns 380,793 shares of the transportation company's stock worth $69,057,000 after acquiring an additional 120,057 shares during the last quarter. 91.69% of the stock is owned by hedge funds and other institutional investors.
About Wabtec
(
Get Free Report)
Westinghouse Air Brake Technologies Corporation, together with its subsidiaries, provides technology-based locomotives, equipment, systems, and services for the freight rail and passenger transit industries worldwide. It offers diesel-electric, battery, and liquid natural gas-powered locomotives; engines, electric motors, and propulsion systems; and marine and mining products.
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