Wabtec (NYSE:WAB) Stock Rating Upgraded by Wall Street Zen

Wabtec (NYSE:WAB) was upgraded by equities researchers at Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued to investors on Saturday.

WAB has been the topic of a number of other reports. JPMorgan Chase & Co. raised their price target on shares of Wabtec from $300.00 to $315.00 and gave the company a “neutral” rating in a research note 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. Wolfe Research reissued an “outperform” rating and set a $303.00 target price on shares of Wabtec in a report on Thursday, April 23rd. Susquehanna raised their target price on Wabtec from $305.00 to $340.00 and gave the company a “positive” rating in a research report on Thursday. Finally, KeyCorp lifted their price target on Wabtec from $308.00 to $340.00 and gave the stock an “overweight” rating in a research note on Thursday. Ten 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 company currently has an average rating of “Moderate Buy” and a consensus target price of $310.64.

Wabtec Price Performance

Wabtec stock opened at $302.22 on Friday. The stock has a market capitalization of $51.05 billion, a P/E ratio of 40.62, a P/E/G ratio of 2.03 and a beta of 0.94. The company’s fifty day moving average price is $265.80 and its 200 day moving average price is $255.16. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.54 and a current ratio of 1.12. Wabtec has a 1 year low of $184.26 and a 1 year high of $302.96.

Wabtec (NYSE:WAB) last posted its quarterly earnings data on Wednesday, July 22nd. The transportation company reported $2.76 earnings per share for the quarter, topping analysts’ consensus estimates of $2.60 by $0.16. The company 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 firm’s revenue for the quarter was up 17.5% on a year-over-year basis. During the same period in the prior year, the business posted $2.27 earnings per share. Wabtec has set its FY 2026 guidance at 10.600-10.900 EPS. As a group, equities research analysts anticipate that Wabtec will post 10.82 earnings per share for the current fiscal year.

Insider Buying and Selling at Wabtec

In related news, insider Sameer Gaur sold 1,082 shares of the firm’s stock in a transaction dated 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 sale, the insider directly owned 11,985 shares in the company, valued at approximately $3,158,047.50. This trade represents a 8.28% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Rafael Santana sold 1,163 shares of Wabtec stock in a transaction dated Monday, June 8th. The stock was sold at an average price of $261.06, for a total transaction of $303,612.78. Following the transaction, the chief executive officer directly owned 124,077 shares in the company, valued at $32,391,541.62. This trade represents a 0.93% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 5,734 shares of company stock worth $1,504,571. Insiders own 0.57% of the company’s stock.

Institutional Trading of Wabtec

Hedge funds and other institutional investors have recently made changes to their positions in the company. Whipplewood Advisors LLC purchased a new stake in shares of Wabtec during the 1st quarter valued at approximately $25,000. Clal Insurance Enterprises Holdings Ltd grew its position in Wabtec by 125.9% in 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 during the period. Manchester Capital Management LLC increased its stake in Wabtec by 122.0% during the fourth 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. McMillan Office Inc. purchased a new stake in Wabtec in the fourth quarter valued at $31,000. Finally, Reflection Asset Management purchased a new stake in Wabtec in the fourth quarter valued at $35,000. Institutional investors and hedge funds own 91.69% of the company’s stock.

Key Wabtec News

Here are the key news stories impacting Wabtec this week:

• Positive Sentiment: Wabtec beat Q2 expectations with EPS of $2.76 on revenue of $3.18 billion, and management lifted FY2026 guidance to $10.60-$10.90 in adjusted EPS, reinforcing the company’s earnings momentum. Wabtec Shares Rise After 2Q Earnings Beat Estimates
• Positive Sentiment: Analysts turned more constructive after results, with JPMorgan, Wells Fargo, Stephens, KeyCorp, and Susquehanna all raising price targets, while several firms reiterated overweight/positive views. These Analysts Raise Their Forecasts On Wabtec After Upbeat Q2 Results
• Positive Sentiment: Multiple technical commentary pieces pointed to bullish momentum, including a golden cross signal and a move above the 50-day moving average, which can attract momentum investors. Westinghouse Air Brake Technologies (WAB) Just Flashed Golden Cross Signal: Do You Buy?
• Positive Sentiment: Wabtec also announced a reported $1 billion deal with an Australian company during earnings, adding to optimism around future growth opportunities. Wabtec CEO unveils $1B deal with Australian company during earnings
• Neutral Sentiment: Commentary highlighted Wabtec as a strong momentum stock and noted a new 52-week high, but these were largely follow-up pieces reflecting the post-earnings rally rather than new fundamental catalysts. Westinghouse Air Brake Technologies (WAB) is a Great Momentum Stock: Should You Buy?

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.