Key Points
- Wabtec EVP Gregory Sbrocco sold 952 shares at an average price of $258.43 for a total of $246,025.36, trimming his stake by 4.31% to 21,159 shares valued at roughly $5.47 million (SEC filing).
- The board authorized a $1.20 billion share buyback (up to about 2.9% of shares) and raised the quarterly dividend to $0.31 (annualized $1.24) from $0.25.
- Wabtec beat the quarter with EPS of $2.10 (vs. $2.08 est.) and revenue of $2.97B (+14.8% YoY), issued FY2026 guidance of 10.05–10.45 EPS, and has a consensus analyst rating of "Moderate Buy" with an average target of $269.
Wabtec (NYSE:WAB - Get Free Report) EVP Gregory Sbrocco sold 952 shares of Wabtec stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $258.43, for a total transaction of $246,025.36. Following the transaction, the executive vice president directly owned 21,159 shares in the company, valued at $5,468,120.37. This represents a 4.31% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
Wabtec Stock Performance
WAB opened at $264.70 on Friday. The company has a 50 day simple moving average of $231.02 and a two-hundred day simple moving average of $209.65. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.11 and a quick ratio of 0.57. The firm has a market cap of $45.14 billion, a P/E ratio of 38.76, a PEG ratio of 1.98 and a beta of 1.01. Wabtec has a 1-year low of $151.81 and a 1-year high of $265.88.
Wabtec (NYSE:WAB - Get Free Report) last released its earnings results on Wednesday, February 11th. The transportation company reported $2.10 earnings per share for the quarter, beating analysts' consensus estimates of $2.08 by $0.02. Wabtec had a net margin of 10.48% and a return on equity of 14.12%. The company had revenue of $2.97 billion for the quarter, compared to analysts' expectations of $2.86 billion. During the same quarter in the previous year, the company earned $1.68 EPS. Wabtec's revenue for the quarter was up 14.8% on a year-over-year basis. Wabtec has set its FY 2026 guidance at 10.050-10.450 EPS. Equities analysts forecast that Wabtec will post 8.54 earnings per share for the current fiscal year.
Wabtec announced that its board has initiated a stock repurchase program on Wednesday, February 11th that allows the company to buyback $1.20 billion in shares. This buyback authorization allows the transportation company to reacquire up to 2.9% of its stock through open market purchases. Stock buyback programs are usually a sign that the company's management believes its stock is undervalued.
Wabtec Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Tuesday, February 17th will be paid a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a dividend yield of 0.5%. This is a positive change from Wabtec's previous quarterly dividend of $0.25. The ex-dividend date of this dividend is Tuesday, February 17th. Wabtec's dividend payout ratio is currently 18.16%.
Analyst Ratings Changes
WAB has been the subject of several recent analyst reports. Citigroup upped their price target on Wabtec from $258.00 to $283.00 and gave the stock a "buy" rating in a research note on Thursday, February 12th. JPMorgan Chase & Co. boosted their target price on shares of Wabtec from $215.00 to $245.00 and gave the stock a "neutral" rating in a report on Wednesday, January 14th. KeyCorp upped their target price on shares of Wabtec from $240.00 to $308.00 and gave the stock an "overweight" rating in a research report on Thursday, February 12th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Wabtec in a research note on Wednesday, January 21st. Finally, Wall Street Zen upgraded shares of Wabtec from a "hold" rating to a "buy" rating in a report on Saturday, February 14th. Eight investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, Wabtec presently has a consensus rating of "Moderate Buy" and an average price target of $269.00.
Get Our Latest Research Report on WAB
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently modified their holdings of WAB. Colonial Trust Advisors increased its position in Wabtec by 454.5% in 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 last quarter. Piscataqua Savings Bank lifted its position 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. Clal Insurance Enterprises Holdings Ltd grew its stake in shares of Wabtec by 125.9% in the 4th quarter. Clal Insurance Enterprises Holdings Ltd now owns 131 shares of the transportation company's stock worth $28,000 after buying an additional 73 shares in the last quarter. Manchester Capital Management LLC increased its holdings in shares of Wabtec by 122.0% in the 4th quarter. Manchester Capital Management LLC now owns 131 shares of the transportation company's stock worth $28,000 after buying an additional 72 shares during the last quarter. Finally, Motco increased its holdings in shares of Wabtec by 6,600.0% in the 3rd quarter. Motco now owns 134 shares of the transportation company's stock worth $27,000 after buying an additional 132 shares during the last quarter. 91.69% of the stock is owned by hedge funds and other institutional investors.
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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