Wells Fargo & Company Raises Wabtec (NYSE:WAB) Price Target to $315.00

Wabtec (NYSE:WAB) had its price target hoisted by investment analysts at Wells Fargo & Company from $284.00 to $315.00 in a research note issued to investors on Thursday,Benzinga reports. The firm currently has an “equal weight” rating on the transportation company’s stock. Wells Fargo & Company‘s target price suggests a potential upside of 4.23% from the company’s previous close.

WAB has been the topic of a number of other research reports. Morgan Stanley upped their price objective on Wabtec from $318.00 to $355.00 and gave the stock an “overweight” rating in a research note on Thursday. Stephens raised shares of Wabtec to a “strong-buy” rating in a research report on Wednesday, July 8th. Susquehanna increased their price target on shares of Wabtec from $305.00 to $340.00 and gave the company a “positive” rating in a research note on Thursday. Citigroup reduced their price target on Wabtec from $313.00 to $311.00 and set a “buy” rating for the company in a report on Monday, July 13th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a $290.00 price objective (down from $300.00) on shares of Wabtec in a research report on Tuesday, March 31st. Ten investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $310.64.

Wabtec Price Performance

NYSE WAB opened at $302.22 on Thursday. The firm’s 50 day moving average is $265.80 and its 200-day moving average is $255.16. 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 has a market capitalization of $51.05 billion, a PE ratio of 40.62, a price-to-earnings-growth ratio of 2.03 and a beta of 0.94. Wabtec has a 12-month low of $184.26 and a 12-month high of $302.96.

Wabtec (NYSE:WAB) last announced its earnings results on Wednesday, July 22nd. The transportation company reported $2.76 EPS for the quarter, topping 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 business 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 posted $2.27 earnings per share. The firm’s revenue was up 17.5% on a year-over-year basis. Wabtec has set its FY 2026 guidance at 10.600-10.900 EPS. Equities research analysts anticipate that Wabtec will post 10.82 earnings per share for the current fiscal year.

Insider Activity

In other Wabtec news, CEO Rafael Santana sold 1,163 shares of the business’s stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $262.07, for a total value of $304,787.41. Following the completion of the sale, the chief executive officer owned 122,914 shares of the company’s stock, valued at $32,212,071.98. The trade was a 0.94% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Sameer Gaur sold 1,082 shares of the stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $263.50, for a total value of $285,107.00. Following the sale, the insider directly owned 11,985 shares in the company, valued at $3,158,047.50. This represents a 8.28% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 5,734 shares of company stock valued at $1,504,571 in the last quarter. Corporate insiders own 0.57% of the company’s stock.

Institutional Investors Weigh In On Wabtec

Large investors have recently bought and sold shares of the company. Whipplewood Advisors LLC bought a new stake in shares of Wabtec during the 1st quarter worth approximately $25,000. Clal Insurance Enterprises Holdings Ltd raised its holdings in shares of Wabtec by 125.9% during the 4th quarter. Clal Insurance Enterprises Holdings Ltd now owns 131 shares of the transportation company’s stock worth $28,000 after buying an additional 73 shares in the last quarter. Manchester Capital Management LLC lifted its position in shares of Wabtec by 122.0% during the 4th quarter. Manchester Capital Management LLC now owns 131 shares of the transportation company’s stock worth $28,000 after buying an additional 72 shares during the last quarter. McMillan Office Inc. acquired a new stake in Wabtec in the fourth quarter valued at about $31,000. Finally, Reflection Asset Management acquired a new stake in shares of Wabtec in the 4th quarter valued at approximately $35,000. 91.69% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Wabtec

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.