Key Points
- Wabtec CEO Rafael Santana sold 1,163 shares at an average price of $299.04, generating $347,783.52. The transaction occurred under a pre-arranged Rule 10b5-1 plan, leaving him with 120,588 shares.
- Wabtec reported quarterly earnings of $2.76 per share and revenue of $3.18 billion, beating analyst estimates and marking 17.5% year-over-year revenue growth. The company issued fiscal 2026 EPS guidance of $10.60–$10.90.
- The company declared a quarterly dividend of $0.31 per share, equivalent to a 0.4% annualized yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $310.64.
Wabtec (NYSE:WAB - Get Free Report) CEO Rafael Santana sold 1,163 shares of the firm's stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $299.04, for a total value of $347,783.52. Following the completion of the transaction, the chief executive officer directly owned 120,588 shares of the company's stock, valued at $36,060,635.52. The trade was a 0.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Rafael Santana also recently made the following trade(s):
- On Monday, July 6th, Rafael Santana sold 1,163 shares of Wabtec stock. The shares were sold at an average price of $262.07, for a total value of $304,787.41.
- On Monday, June 8th, Rafael Santana sold 1,163 shares of Wabtec stock. The stock was sold at an average price of $261.06, for a total value of $303,612.78.
- On Friday, June 5th, Rafael Santana sold 1,163 shares of Wabtec stock. The stock was sold at an average price of $261.65, for a total value of $304,298.95.
Wabtec Stock Down 0.5%
WAB stock opened at $294.92 on Friday. The stock has a 50-day simple moving average of $272.62 and a two-hundred day simple moving average of $259.98. Wabtec has a twelve month low of $184.26 and a twelve month high of $306.64. The firm has a market capitalization of $49.81 billion, a PE ratio of 39.64, a PEG ratio of 2.01 and a beta of 0.93. The company has a quick ratio of 0.59, a current ratio of 1.12 and a debt-to-equity ratio of 0.44.
Wabtec (NYSE:WAB - Get Free Report) last released its quarterly earnings data on Wednesday, July 22nd. The transportation company reported $2.76 EPS for the quarter, beating analysts' consensus estimates of $2.60 by $0.16. Wabtec had a net margin of 10.59% and a return on equity of 15.10%. The company had revenue of $3.18 billion during the quarter, compared to analyst estimates of $3.07 billion. During the same period last year, the business earned $2.27 earnings per share. Wabtec's revenue was up 17.5% compared to the same quarter last year. Wabtec has set its FY 2026 guidance at 10.600-10.900 EPS. On average, equities analysts predict that Wabtec will post 10.86 EPS for the current fiscal year.
Wabtec Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Tuesday, August 18th will be given a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date is Tuesday, August 18th. Wabtec's dividend payout ratio (DPR) is 16.67%.
Hedge Funds Weigh In On Wabtec
Institutional investors have recently modified their holdings of the company. Whipplewood Advisors LLC bought a new stake in Wabtec in the 1st quarter worth approximately $25,000. Clal Insurance Enterprises Holdings Ltd raised its stake in shares of Wabtec by 125.9% during the fourth quarter. Clal Insurance Enterprises Holdings Ltd now owns 131 shares of the transportation company's stock worth $28,000 after acquiring an additional 73 shares in the last quarter. Manchester Capital Management LLC lifted 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 acquiring an additional 72 shares during the last quarter. Bell Investment Advisors Inc purchased a new stake in shares of Wabtec in the 2nd quarter valued at $29,000. Finally, McMillan Office Inc. bought a new position in shares of Wabtec during the 4th quarter valued at $31,000. 91.69% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
Several research firms recently commented on WAB. Citigroup reduced their target price on Wabtec from $313.00 to $311.00 and set a "buy" rating for the company in a research report on Monday, July 13th. JPMorgan Chase & Co. boosted their price objective on Wabtec from $300.00 to $315.00 and gave the stock a "neutral" rating in a report on Thursday, July 23rd. Wolfe Research restated an "outperform" rating and issued a $303.00 price objective on shares of Wabtec in a research report on Thursday, April 23rd. Susquehanna raised their target price on shares of Wabtec from $305.00 to $340.00 and gave the company a "positive" rating in a research note on Thursday, July 23rd. Finally, Stephens lifted their target price on shares of Wabtec from $320.00 to $330.00 and gave the company an "overweight" rating in a research report on Thursday, July 23rd. Ten analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $310.64.
Check Out Our Latest Research Report on WAB
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.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
