Wabtec (NYSE:WAB) Reaches New 52-Week High on Strong Earnings

Wabtec (NYSE:WAB) shares reached a new 52-week high during mid-day trading on Wednesday after the company announced better than expected quarterly earnings. The company traded as high as $288.36 and last traded at $292.1990, with a volume of 217819 shares changing hands. The stock had previously closed at $263.53.

The transportation company reported $2.76 earnings per share (EPS) for the quarter, beating the consensus estimate 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 analysts’ expectations of $3.07 billion. During the same quarter in the prior year, the company earned $2.27 EPS. 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.

Wabtec Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Tuesday, August 18th will be 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 is Tuesday, August 18th. Wabtec’s payout ratio is currently 17.54%.

Wabtec News Roundup

Here are the key news stories impacting Wabtec this week:

• Positive Sentiment: Wabtec reported strong Q2 2026 results, with adjusted EPS of $2.76 and revenue of $3.18 billion both topping estimates, while revenue rose 17.5% year over year and margins improved. Article Title
• Positive Sentiment: The company raised FY2026 guidance, now targeting revenue of about $12.3 billion to $12.6 billion and adjusted EPS of $10.60 to $10.90, reinforcing confidence in continued growth. Article Title
• Positive Sentiment: Analysts turned more constructive after the earnings beat, with Stephens lifting its target to $330 and Susquehanna and KeyCorp both raising targets to $340, signaling expectations for additional upside. Article Title
• Neutral Sentiment: Technical coverage also turned supportive, with reports noting WAB crossed above its 20-day and 50-day moving averages, which may be adding momentum to the stock. Article Title
• Neutral Sentiment: JPMorgan, Wells Fargo, and others also lifted price targets, but in some cases kept neutral/equal-weight views, suggesting the stock may be approaching fair value after its strong run. Article Title

Analysts Set New Price Targets

Several research firms recently commented on WAB. Susquehanna increased their price target on Wabtec from $305.00 to $340.00 and gave the company a “positive” rating in a report on Thursday. Stephens boosted their price objective on Wabtec from $320.00 to $330.00 and gave the stock an “overweight” rating in a research note on Thursday. Rothschild & Co Redburn upgraded Wabtec from a “neutral” rating to a “buy” rating and upped their target price for the company from $262.00 to $285.00 in a report on Thursday, March 26th. KeyCorp raised their target price on Wabtec from $308.00 to $340.00 and gave the stock an “overweight” rating in a research note on Thursday. Finally, JPMorgan Chase & Co. lifted their price target on Wabtec from $300.00 to $315.00 and gave the stock a “neutral” rating in a report on Thursday. Ten analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $310.64.

Insider Activity at Wabtec

In related news, insider Sameer Gaur sold 1,082 shares of the stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $263.50, for a total transaction of $285,107.00. Following the completion of the transaction, the insider owned 11,985 shares of the company’s stock, valued at approximately $3,158,047.50. This trade represents a 8.28% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Rafael Santana sold 1,163 shares of Wabtec stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $261.06, for a total transaction of $303,612.78. Following the completion of the sale, the chief executive officer owned 124,077 shares of the company’s stock, valued at $32,391,541.62. This trade represents a 0.93% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 5,734 shares of company stock worth $1,504,571. Company insiders own 0.57% of the company’s stock.

Institutional Investors Weigh In On Wabtec

Several institutional investors and hedge funds have recently modified their holdings of the company. Tema ETFs LLC lifted its stake in Wabtec by 9.3% during the 2nd quarter. Tema ETFs LLC now owns 8,533 shares of the transportation company’s stock worth $2,300,000 after acquiring an additional 725 shares in the last quarter. Valeo Financial Advisors LLC grew its position in Wabtec by 9.1% in the 2nd quarter. Valeo Financial Advisors LLC now owns 1,901 shares of the transportation company’s stock valued at $513,000 after acquiring an additional 159 shares in the last quarter. Czech National Bank grew its position in Wabtec by 4.0% in the 2nd quarter. Czech National Bank now owns 48,297 shares of the transportation company’s stock valued at $13,021,000 after acquiring an additional 1,857 shares in the last quarter. Bill Few Associates Inc. increased its stake in Wabtec by 15.5% during the second quarter. Bill Few Associates Inc. now owns 2,725 shares of the transportation company’s stock worth $735,000 after purchasing an additional 365 shares during the period. Finally, GAMMA Investing LLC increased its stake in Wabtec by 5.7% during the second quarter. GAMMA Investing LLC now owns 5,160 shares of the transportation company’s stock worth $1,391,000 after purchasing an additional 280 shares during the period. Hedge funds and other institutional investors own 91.69% of the company’s stock.

Wabtec Price Performance

The firm has a market cap of $50.49 billion, a price-to-earnings ratio of 39.99, a PEG ratio of 2.07 and a beta of 0.94. The company has a quick ratio of 0.54, a current ratio of 1.12 and a debt-to-equity ratio of 0.44. The company’s 50-day moving average price is $265.04 and its 200-day moving average price is $254.83.

About Wabtec

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.