Key Points
- Wabtec EVP Gina Trombley sold 4,013 shares on March 12 at an average of $241.87 for a total of $970,624.31, reducing her holding by 22.48% to 13,841 shares (≈$3.35M).
- The company’s board authorized a $1.20 billion share buyback (up to ~2.9% of shares) and raised the quarterly dividend to $0.31 ($1.24 annualized), signaling a stronger focus on shareholder returns.
- Wabtec beat quarterly estimates (EPS $2.10 vs $2.08; revenue $2.97B vs $2.86B), reported 14.8% revenue growth YoY, set FY2026 EPS guidance of 10.05–10.45, and has seen several analysts raise price targets (consensus ≈$269, "Moderate Buy").
Wabtec (NYSE:WAB - Get Free Report) EVP Gina Trombley sold 4,013 shares of the company's stock in a transaction dated Thursday, March 12th. The stock was sold at an average price of $241.87, for a total transaction of $970,624.31. Following the completion of the transaction, the executive vice president owned 13,841 shares of the company's stock, valued at approximately $3,347,722.67. This trade represents a 22.48% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.
Wabtec Trading Down 1.6%
WAB stock opened at $236.60 on Friday. Wabtec has a 52-week low of $151.81 and a 52-week high of $266.27. The company has a quick ratio of 0.57, a current ratio of 1.11 and a debt-to-equity ratio of 0.38. The firm has a market cap of $40.34 billion, a P/E ratio of 34.64, a PEG ratio of 1.81 and a beta of 0.99. The company's 50-day simple moving average is $242.37 and its 200-day simple moving average is $216.20.
Wabtec (NYSE:WAB - Get Free Report) last announced its quarterly earnings results on Wednesday, February 11th. The transportation company reported $2.10 earnings per share for the quarter, beating the consensus estimate of $2.08 by $0.02. The firm had revenue of $2.97 billion during the quarter, compared to analyst estimates of $2.86 billion. Wabtec had a return on equity of 14.12% and a net margin of 10.48%.Wabtec's revenue for the quarter was up 14.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.68 EPS. Wabtec has set its FY 2026 guidance at 10.050-10.450 EPS. As a group, equities analysts forecast that Wabtec will post 8.54 EPS for the current fiscal year.
Wabtec Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Tuesday, February 17th were given a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a dividend yield of 0.5%. This is a boost from Wabtec's previous quarterly dividend of $0.25. The ex-dividend date was Tuesday, February 17th. Wabtec's dividend payout ratio (DPR) is presently 18.16%.
Wabtec declared that its Board of Directors has authorized a stock buyback program on Wednesday, February 11th that allows the company to buyback $1.20 billion in shares. This buyback authorization allows the transportation company to repurchase up to 2.9% of its shares through open market purchases. Shares buyback programs are generally an indication that the company's board of directors believes its stock is undervalued.
Wall Street Analysts Forecast Growth
WAB has been the topic of a number of research analyst reports. Citigroup lifted their price target on shares of Wabtec from $258.00 to $283.00 and gave the company a "buy" rating in a research note on Thursday, February 12th. Stephens upped their price objective on shares of Wabtec from $230.00 to $290.00 and gave the stock an "overweight" rating in a research report on Thursday, February 12th. Wall Street Zen downgraded shares of Wabtec from a "buy" rating to a "hold" rating in a report on Saturday. Susquehanna set a $300.00 target price on shares of Wabtec in a research report on Thursday, February 12th. Finally, Weiss Ratings reissued a "buy (b)" rating on shares of Wabtec in a research note on Wednesday, January 21st. Eight equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $269.00.
Read Our Latest Analysis on WAB
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in WAB. Norges Bank purchased a new position in Wabtec in the 4th quarter valued at $409,039,000. Price T Rowe Associates Inc. MD grew its holdings in shares of 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 buying an additional 1,344,744 shares in the last quarter. Nordea Investment Management AB raised its position in shares of Wabtec by 55.5% in the fourth quarter. Nordea Investment Management AB now owns 3,069,340 shares of the transportation company's stock valued at $659,939,000 after buying an additional 1,095,083 shares during the last quarter. Farallon Capital Management LLC raised its position in shares of Wabtec by 68.6% in the third quarter. Farallon Capital Management LLC now owns 2,205,098 shares of the transportation company's stock valued at $442,056,000 after buying an additional 896,900 shares during the last quarter. Finally, Bank of Montreal Can raised its position in shares of Wabtec by 360.0% in the fourth quarter. Bank of Montreal Can now owns 885,197 shares of the transportation company's stock valued at $188,945,000 after buying an additional 692,773 shares during the last quarter. 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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