Key Points
- Sameer Gaur sold 1,150 Wabtec shares at an average price of $262.62 on Feb. 26, reducing his stake to 12,017 shares (an 8.73% ownership decline) and disclosed via an SEC Form 4 filing.
- Wabtec beat Q4 revenue and EPS estimates, issued FY2026 EPS guidance of $10.05–$10.45, and the board authorized a $1.2 billion buyback while raising the quarterly dividend to $0.31, signaling management confidence.
- Analyst sentiment is broadly constructive but mixed — consensus is a “Moderate Buy” with an average target near $269 — and institutional investors hold roughly 91.7% of the stock.
Wabtec (NYSE:WAB - Get Free Report) insider Sameer Gaur sold 1,150 shares of the stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $262.62, for a total value of $302,013.00. Following the transaction, the insider directly owned 12,017 shares of the company's stock, valued at approximately $3,155,904.54. This trade represents a 8.73% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website.
Wabtec Price Performance
Shares of NYSE WAB opened at $263.91 on Friday. 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 has a one year low of $151.81 and a one year high of $266.27. The company's fifty day moving average is $235.95 and its two-hundred day moving average is $212.21. The firm has a market capitalization of $45.00 billion, a P/E ratio of 38.64, a PEG ratio of 1.99 and a beta of 1.01.
Wabtec (NYSE:WAB - Get Free Report) last issued its earnings results on Wednesday, February 11th. The transportation company reported $2.10 earnings per share for the quarter, topping the consensus estimate of $2.08 by $0.02. The company had revenue of $2.97 billion for the quarter, compared to analyst estimates of $2.86 billion. Wabtec had a net margin of 10.48% and a return on equity of 14.12%. The firm's revenue for the quarter was up 14.8% compared to the same quarter last year. During the same period in the prior year, the business posted $1.68 earnings per share. Wabtec has set its FY 2026 guidance at 10.050-10.450 EPS. Analysts forecast that Wabtec will post 8.54 EPS for the current fiscal year.
Wabtec announced that its Board of Directors has initiated a stock buyback plan on Wednesday, February 11th that authorizes the company to repurchase $1.20 billion in outstanding shares. This repurchase authorization authorizes the transportation company to repurchase up to 2.9% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's leadership believes its shares are undervalued.
Wabtec Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Tuesday, February 17th will be issued 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 payout ratio is presently 18.16%.
Hedge Funds Weigh In On Wabtec
Several large investors have recently bought and sold shares of WAB. Vanguard Group Inc. lifted its stake in shares of Wabtec by 2.5% in the 2nd quarter. Vanguard Group Inc. now owns 19,930,893 shares of the transportation company's stock worth $4,172,532,000 after acquiring an additional 493,437 shares during the period. Price T Rowe Associates Inc. MD raised its holdings in Wabtec by 20.3% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 7,965,503 shares of the transportation company's stock worth $1,700,238,000 after purchasing an additional 1,344,744 shares in the last quarter. State Street Corp lifted its position in Wabtec by 2.6% in the fourth quarter. State Street Corp now owns 7,658,040 shares of the transportation company's stock worth $1,634,609,000 after purchasing an additional 197,610 shares during the period. Geode Capital Management LLC lifted its position in Wabtec by 0.9% in the fourth quarter. Geode Capital Management LLC now owns 4,366,157 shares of the transportation company's stock worth $928,249,000 after purchasing an additional 38,029 shares during the period. Finally, Wellington Management Group LLP boosted its stake in Wabtec by 3.6% during the 3rd quarter. Wellington Management Group LLP now owns 3,304,183 shares of the transportation company's stock valued at $662,390,000 after purchasing an additional 116,329 shares in the last quarter. Institutional investors and hedge funds own 91.69% of the company's stock.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently commented on WAB shares. Stephens lifted their price objective on Wabtec from $230.00 to $290.00 and gave the company an "overweight" rating in a research report on Thursday, February 12th. JPMorgan Chase & Co. boosted their price objective on Wabtec from $215.00 to $245.00 and gave the stock a "neutral" rating in a research note on Wednesday, January 14th. Wells Fargo & Company lifted their price target on shares of Wabtec from $224.00 to $270.00 and gave the stock an "equal weight" rating in a research note on Friday, February 13th. Wolfe Research upgraded Wabtec from a "peer perform" rating to an "outperform" rating and set a $245.00 target price for the company in a research note on Thursday, January 8th. Finally, Wall Street Zen lowered Wabtec from a "buy" rating to a "hold" rating in a report on Sunday, February 22nd. Eight equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $269.00.
Get Our Latest Stock Report on Wabtec
More Wabtec News
Here are the key news stories impacting Wabtec this week:
- Positive Sentiment: Wabtec and Progress Rail reached a settlement in the antitrust lawsuit, ending a source of regulatory and legal uncertainty. Management and Progress Rail said the settlement is in the best interests of customers and avoids protracted litigation — a removal of overhang that can support the valuation. Business Wire: Settlement
- Positive Sentiment: Recent quarterly results and FY‑2026 guidance remain supportive: Wabtec beat Q4 revenue and EPS estimates and gave FY26 EPS guidance of $10.05–$10.45, reinforcing growth expectations that underlie the stock’s premium multiple. (See company releases summarized in recent coverage.)
- Positive Sentiment: Capital returns: the board authorized a $1.2 billion buyback program and the quarterly dividend was raised (to $0.31 per share). Both actions signal management confidence and can underpin the share price via reduced float and income appeal.
- Neutral Sentiment: Analyst coverage is broadly constructive but mixed on conviction — several firms raised targets (Wells Fargo, Morgan Stanley, Citi) while others trimmed ratings; consensus remains a “Moderate Buy” with an average target near $269, providing upside but also differing views on near-term catalysts.
- Negative Sentiment: Multiple insider sales this week (CFO John Olin, director/executive Nalin Jain, and Sameer Gaur among others) — sizable dispositions at ~ $262–$264 per share — may concern some investors about near-term insider sentiment or tax/liquidity-driven selling. Filings: SEC and reporting outlets detail the transactions. SEC: Sameer Gaur Form 4
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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