Wabtec (NYSE:WAB) Price Target Raised to $284.00 at Wells Fargo & Company

Wabtec (NYSE:WAB) had its price objective hoisted by investment analysts at Wells Fargo & Company from $270.00 to $284.00 in a report issued on Thursday,Benzinga reports. The firm presently has an “equal weight” rating on the transportation company’s stock. Wells Fargo & Company‘s price target points to a potential upside of 6.52% from the stock’s previous close.

A number of other equities research analysts have also recently issued reports on the stock. Citigroup upped their price objective on shares of Wabtec from $283.00 to $292.00 and gave the stock a “buy” rating in a report on Thursday, April 9th. Wolfe Research upgraded shares of Wabtec from a “peer perform” rating to an “outperform” rating and set a $245.00 price objective for the company in a report on Thursday, January 8th. Wall Street Zen cut shares of Wabtec from a “buy” rating to a “hold” rating in a report on Saturday, March 14th. Jefferies Financial Group reiterated a “buy” rating and issued a $290.00 price objective (down from $300.00) on shares of Wabtec in a report on Tuesday, March 31st. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Wabtec in a report on Monday. Ten equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $284.27.

Wabtec Stock Up 1.9%

NYSE:WAB traded up $5.09 during trading hours on Thursday, reaching $266.61. The company’s stock had a trading volume of 301,530 shares, compared to its average volume of 907,171. The company has a market cap of $45.37 billion, a price-to-earnings ratio of 39.06, a price-to-earnings-growth ratio of 1.94 and a beta of 0.99. Wabtec has a one year low of $179.25 and a one year high of $275.84. The business’s 50-day moving average is $254.12 and its 200-day moving average is $228.01. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.11 and a quick ratio of 0.57.

Wabtec (NYSE:WAB) last issued its quarterly earnings data on Wednesday, April 22nd. The transportation company reported $2.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.62 by $0.09. The firm had revenue of $2.95 billion during the quarter, compared to analysts’ expectations of $3.08 billion. Wabtec had a net margin of 10.48% and a return on equity of 14.12%. Wabtec’s revenue for the quarter was up 13.0% on a year-over-year basis. During the same period in the prior year, the company posted $2.28 earnings per share. Wabtec has set its FY 2026 guidance at 10.250-10.650 EPS. Equities research analysts predict that Wabtec will post 10.43 EPS for the current year.

Wabtec announced that its board has initiated a share buyback plan on Wednesday, February 11th that permits the company to buyback $1.20 billion in shares. This buyback authorization permits the transportation company to purchase up to 2.9% of its stock through open market purchases. Stock buyback plans are usually a sign that the company’s board of directors believes its shares are undervalued.

Insider Activity at Wabtec

In other Wabtec news, CFO John A. Olin sold 11,000 shares of the company’s stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $263.30, for a total transaction of $2,896,300.00. Following the completion of the sale, the chief financial officer directly owned 60,487 shares in the company, valued at $15,926,227.10. This represents a 15.39% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Gina Trombley sold 4,013 shares of the company’s stock in a transaction dated Thursday, March 12th. The shares were sold at an average price of $241.87, for a total transaction of $970,624.31. Following the sale, the executive vice president owned 13,841 shares of the company’s stock, valued at $3,347,722.67. This trade represents a 22.48% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 92,364 shares of company stock valued at $24,522,522. 0.57% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Wabtec

A number of hedge funds have recently bought and sold shares of WAB. Apollon Wealth Management LLC raised its position in shares of Wabtec by 1.6% during the first quarter. Apollon Wealth Management LLC now owns 3,081 shares of the transportation company’s stock valued at $770,000 after buying an additional 48 shares during the last quarter. Janney Montgomery Scott LLC raised its position in shares of Wabtec by 14.9% during the first quarter. Janney Montgomery Scott LLC now owns 4,073 shares of the transportation company’s stock valued at $1,018,000 after buying an additional 527 shares during the last quarter. Value Partners Investments Inc. raised its position in shares of Wabtec by 3.8% during the first quarter. Value Partners Investments Inc. now owns 14,071 shares of the transportation company’s stock valued at $3,513,000 after buying an additional 518 shares during the last quarter. VCI Wealth Management LLC acquired a new position in shares of Wabtec during the first quarter valued at about $1,832,000. Finally, GHP Investment Advisors Inc. raised its position in shares of Wabtec by 86,400.0% during the first quarter. GHP Investment Advisors Inc. now owns 865 shares of the transportation company’s stock valued at $216,000 after buying an additional 864 shares during the last quarter. 91.69% of the stock is currently owned by institutional investors.

More Wabtec News

Here are the key news stories impacting Wabtec this week:

• Positive Sentiment: Q1 adjusted EPS beat and strong profitability — Wabtec reported adjusted EPS of $2.71 (up ~19% YoY), beating consensus and showing margin strength that supports earnings growth expectations. BusinessWire: Q1 Results
• Positive Sentiment: Management raised FY2026 adjusted EPS guidance to $10.25–$10.65, above prior midpoint and consistent with above-consensus profitability outlook — a key reason investors are bidding the stock higher. Seeking Alpha: Guidance Raise
• Positive Sentiment: Top-line growth and backlog expansion — Q1 sales rose ~13% YoY to $2.95B, and backlog expanded to about $30.8B, supporting multi-year revenue visibility and contributing to the upbeat investor reaction. BusinessWire: Backlog & Sales
• Neutral Sentiment: Revenue guidance held roughly steady — management kept FY revenue guidance in a narrow band (~$12.2B–$12.5B), which aligns with consensus but leaves less upside for top-line surprises. MarketBeat: Guidance Details
• Negative Sentiment: Revenue missed some analyst estimates and prompted margin scrutiny — while EPS beat, revenue of $2.95B was below some street forecasts (~$3.08B), which caused an initial intraday pullback in some reports and highlights execution risks in parts of the business. Investing.com: Revenue Miss

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.