Key Points
- CEO Rafael Santana sold 1,798 shares on December 17 at an average price of $212.17 for $381,481.66, reducing his stake by 1.41% to 125,941 shares (≈$26.72M); he made identical 1,798-share sales on Nov. 3 and Oct. 14 at lower prices, per the SEC filing.
- Wabtec fundamentals remain solid: the company beat Q results (EPS $2.32 vs. $2.28 est.), reported revenue up 8.4% YoY, set FY2025 guidance of $8.85–$9.05 EPS, and carries an average analyst rating of "Moderate Buy" with a $227.11 price target.
Wabtec (NYSE:WAB - Get Free Report) CEO Rafael Santana sold 1,798 shares of the business's stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $212.17, for a total value of $381,481.66. Following the sale, the chief executive officer directly owned 125,941 shares in the company, valued at approximately $26,720,901.97. The trade was a 1.41% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Rafael Santana also recently made the following trade(s):
- On Monday, November 3rd, Rafael Santana sold 1,798 shares of Wabtec stock. The shares were sold at an average price of $203.61, for a total value of $366,090.78.
- On Tuesday, October 14th, Rafael Santana sold 1,798 shares of Wabtec stock. The stock was sold at an average price of $195.04, for a total value of $350,681.92.
Wabtec Stock Performance
NYSE:WAB opened at $216.03 on Friday. The company has a 50-day moving average of $204.95 and a 200-day moving average of $200.99. The firm has a market cap of $36.93 billion, a price-to-earnings ratio of 31.40, a price-to-earnings-growth ratio of 1.65 and a beta of 0.99. Wabtec has a twelve month low of $151.81 and a twelve month high of $220.89. The company has a current ratio of 1.42, a quick ratio of 0.75 and a debt-to-equity ratio of 0.45.
Wabtec (NYSE:WAB - Get Free Report) last posted its quarterly earnings data on Wednesday, October 22nd. The transportation company reported $2.32 EPS for the quarter, beating analysts' consensus estimates of $2.28 by $0.04. Wabtec had a net margin of 10.94% and a return on equity of 13.84%. The company had revenue of $2.89 billion during the quarter, compared to analyst estimates of $2.88 billion. During the same period in the prior year, the firm earned $2.00 earnings per share. The business's quarterly revenue was up 8.4% on a year-over-year basis. Wabtec has set its FY 2025 guidance at 8.850-9.050 EPS. Analysts forecast that Wabtec will post 8.54 earnings per share for the current fiscal year.
Wabtec Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 26th. Shareholders of record on Wednesday, November 12th were given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 0.5%. The ex-dividend date was Wednesday, November 12th. Wabtec's payout ratio is presently 14.53%.
Analysts Set New Price Targets
Several brokerages have recently commented on WAB. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Wabtec in a research report on Wednesday, October 8th. Bank of America raised their price objective on Wabtec from $228.00 to $233.00 and gave the stock a "buy" rating in a research report on Thursday, November 13th. Wells Fargo & Company increased their price target on shares of Wabtec from $221.00 to $224.00 and gave the stock an "equal weight" rating in a research report on Wednesday. Citigroup lifted their target price on shares of Wabtec from $225.00 to $245.00 and gave the company a "buy" rating in a research note on Friday, November 14th. Finally, Susquehanna increased their price objective on Wabtec from $235.00 to $240.00 and gave the stock a "positive" rating in a report on Thursday, October 23rd. Seven research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $227.11.
View Our Latest Analysis on Wabtec
Hedge Funds Weigh In On Wabtec
Several hedge funds have recently bought and sold shares of the business. PFS Partners LLC boosted its stake in shares of Wabtec by 70.4% during the 2nd quarter. PFS Partners LLC now owns 121 shares of the transportation company's stock worth $25,000 after acquiring an additional 50 shares in the last quarter. Colonial Trust Advisors boosted its position in Wabtec by 454.5% during the second quarter. Colonial Trust Advisors now owns 122 shares of the transportation company's stock worth $26,000 after purchasing an additional 100 shares during the period. Piscataqua Savings Bank grew its holdings in Wabtec by 12,800.0% during the third quarter. Piscataqua Savings Bank now owns 129 shares of the transportation company's stock valued at $26,000 after purchasing an additional 128 shares during the last quarter. Motco raised its position in shares of Wabtec by 6,600.0% in the third quarter. Motco now owns 134 shares of the transportation company's stock valued at $27,000 after purchasing an additional 132 shares during the period. Finally, Salomon & Ludwin LLC raised its holdings in Wabtec by 370.6% in the 3rd quarter. Salomon & Ludwin LLC now owns 160 shares of the transportation company's stock worth $32,000 after acquiring an additional 126 shares during the period. 91.69% of the stock is owned by institutional investors and hedge funds.
Wabtec Company Profile
(
Get Free Report)
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.
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