Key Points
- Wabtec CEO Rafael Santana sold 1,087 shares at an average price of $291.79, worth approximately $317,176. The transaction was conducted under a pre-arranged Rule 10b5-1 plan, leaving him with 116,155 shares.
- Wabtec reported quarterly EPS of $2.76 and revenue of $3.18 billion, exceeding analyst estimates; revenue increased 17.5% year over year. The company expects fiscal 2026 EPS of $10.60–$10.90.
- Analyst sentiment remains broadly positive, with a “Moderate Buy” consensus and an average price target of $313.82, while institutional investors own 91.69% of Wabtec’s shares.
Wabtec (NYSE:WAB - Get Free Report) CEO Rafael Santana sold 1,087 shares of the firm's stock in a transaction dated Monday, October 5th. The stock was sold at an average price of $291.79, for a total value of $317,175.73. Following the completion of the transaction, the chief executive officer owned 116,155 shares of the company's stock, valued at approximately $33,892,867.45. The trade was a 0.93% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at 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 Tuesday, August 4th, Rafael Santana sold 1,163 shares of Wabtec stock. The shares were sold at an average price of $299.04, for a total value of $347,783.52.
Wabtec Price Performance
Shares of NYSE:WAB opened at $282.25 on Thursday. Wabtec has a twelve month low of $186.06 and a twelve month high of $306.64. The company's 50 day moving average is $289.62 and its 200 day moving average is $273.22. The company has a current ratio of 1.12, a quick ratio of 0.59 and a debt-to-equity ratio of 0.44. The company has a market cap of $47.67 billion, a PE ratio of 37.94, a price-to-earnings-growth ratio of 1.97 and a beta of 0.92.
Wabtec (NYSE:WAB - Get Free Report) last announced its quarterly earnings data on Wednesday, July 22nd. The transportation company reported $2.76 EPS for the quarter, beating the consensus estimate of $2.60 by $0.16. The business had revenue of $3.18 billion during the quarter, compared to analysts' expectations of $3.07 billion. Wabtec had a net margin of 10.59% and a return on equity of 15.10%. The business's quarterly revenue was up 17.5% compared to the same quarter last year. During the same period in the previous year, the business posted $2.27 EPS. Wabtec has set its FY 2026 guidance at 10.600-10.900 EPS. On average, sell-side analysts forecast that Wabtec will post 10.89 EPS for the current year.
Wabtec Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Tuesday, August 18th were issued a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend was Tuesday, August 18th. Wabtec's dividend payout ratio (DPR) is 16.67%.
Analyst Upgrades and Downgrades
Several brokerages have weighed in on WAB. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Wabtec in a research report on Friday, July 17th. Citigroup raised their target price on Wabtec from $311.00 to $341.00 and gave the stock a "buy" rating in a report on Thursday, August 13th. Wall Street Zen downgraded Wabtec from a "buy" rating to a "hold" rating in a report on Sunday, August 2nd. Susquehanna raised their price objective on shares of Wabtec from $305.00 to $340.00 and gave the stock a "positive" rating in a research note on Thursday, July 23rd. Finally, KeyCorp boosted their target price on shares of Wabtec from $308.00 to $340.00 and gave the company an "overweight" rating in a research note on Thursday, July 23rd. Ten investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, Wabtec currently has an average rating of "Moderate Buy" and an average target price of $313.82.
Read Our Latest Report on WAB
Institutional Inflows and Outflows
Several large investors have recently made changes to their positions in WAB. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in Wabtec in the 4th quarter valued at about $2,134,000. Resona Asset Management Co. Ltd. lifted its position in shares of Wabtec by 348.6% during the second quarter. Resona Asset Management Co. Ltd. now owns 233,300 shares of the transportation company's stock worth $62,806,000 after purchasing an additional 181,296 shares in the last quarter. Hsbc Holdings PLC boosted its stake in shares of Wabtec by 15.0% in the first quarter. Hsbc Holdings PLC now owns 351,769 shares of the transportation company's stock valued at $87,735,000 after purchasing an additional 45,760 shares during the period. Banco Santander S.A. boosted its stake in shares of Wabtec by 23.7% in the fourth quarter. Banco Santander S.A. now owns 177,540 shares of the transportation company's stock valued at $37,896,000 after purchasing an additional 34,031 shares during the period. Finally, QRG Capital Management Inc. grew its holdings in shares of Wabtec by 5.5% in the second quarter. QRG Capital Management Inc. now owns 93,442 shares of the transportation company's stock valued at $25,192,000 after purchasing an additional 4,878 shares in the last quarter. 91.69% of the stock is owned by institutional investors and hedge funds.
Wabtec Company Profile
(
Get Free Report)
Wabtec Corporation, also known as Westinghouse Air Brake Technologies Corporation, provides equipment, systems, software and services for the global rail and transit industries. Its offerings support freight railroads, passenger rail operators, transit agencies, mining companies and other transportation customers.
The company manufactures and services locomotives, locomotive engines, braking systems, electronic and control equipment, train components, signaling and communications systems, and digital technologies designed to improve rail safety, efficiency and asset management.
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