Key Points
- Wabtec insider Michael Fetsko sold 3,250 shares at an average price of $293.22, worth approximately $953,000, reducing his direct holdings by 8% to 37,380 shares.
- Wabtec reported quarterly EPS of $2.76, beating estimates of $2.60, while revenue rose 17.5% year over year to $3.18 billion. The company issued fiscal 2026 EPS guidance of $10.60–$10.90.
- Analysts maintain a “Moderate Buy” consensus, with an average price target of $313.36; Wabtec also announced a quarterly dividend of $0.31 per share, or a 0.4% annualized yield.
Wabtec (NYSE:WAB - Get Free Report) insider Michael Fetsko sold 3,250 shares of the company's stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $293.22, for a total value of $952,965.00. Following the sale, the insider directly owned 37,380 shares of the company's stock, valued at $10,960,563.60. The trade was a 8.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
Wabtec Trading Up 2.0%
NYSE:WAB opened at $298.10 on Friday. Wabtec has a 12 month low of $184.26 and a 12 month high of $306.64. The firm has a market cap of $50.35 billion, a price-to-earnings ratio of 40.07, a P/E/G ratio of 1.98 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. The company's 50 day moving average is $280.20 and its 200-day moving average is $264.80.
Wabtec (NYSE:WAB - Get Free Report) last posted its quarterly earnings data on Wednesday, July 22nd. The transportation company reported $2.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.60 by $0.16. The business had revenue of $3.18 billion during the quarter, compared to the consensus estimate of $3.07 billion. Wabtec had a net margin of 10.59% and a return on equity of 15.10%. Wabtec's quarterly revenue was up 17.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.27 EPS. Wabtec has set its FY 2026 guidance at 10.600-10.900 EPS. Equities analysts anticipate that Wabtec will post 10.86 EPS for the current year.
Wabtec Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Tuesday, August 18th will be issued a $0.31 dividend. The ex-dividend date of this dividend is Tuesday, August 18th. This represents a $1.24 dividend on an annualized basis and a yield of 0.4%. Wabtec's dividend payout ratio (DPR) is 16.67%.
Institutional Trading of Wabtec
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. BlackRock Inc. bought a new stake in shares of Wabtec during the 2nd quarter valued at $3,741,077,000. Norges Bank acquired a new stake in shares of Wabtec during the fourth quarter worth about $409,039,000. Price T Rowe Associates Inc. MD lifted its stake in Wabtec by 20.3% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 7,965,503 shares of the transportation company's stock valued at $1,700,238,000 after buying an additional 1,344,744 shares in the last quarter. Bank of New York Mellon Corp bought a new stake in Wabtec in the 2nd quarter valued at $212,692,000. Finally, Deutsche Bank AG acquired a new position in shares of Wabtec during the second quarter worth about $207,228,000. 91.69% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several research analysts have recently issued reports on the stock. JPMorgan Chase & Co. boosted their price objective on shares of Wabtec from $300.00 to $315.00 and gave the stock a "neutral" rating in a report on Thursday, July 23rd. Susquehanna upped their price target on Wabtec from $305.00 to $340.00 and gave the company a "positive" rating in a report on Thursday, July 23rd. Citigroup lifted their price objective on Wabtec from $311.00 to $341.00 and gave the stock a "buy" rating in a report on Thursday, August 13th. Weiss Ratings restated a "buy (b)" rating on shares of Wabtec in a research note on Friday, July 17th. Finally, Wall Street Zen downgraded shares of Wabtec from a "buy" rating to a "hold" rating in a research note on Sunday, August 2nd. Ten equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $313.36.
Get Our Latest Analysis on Wabtec
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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