Stephens Increases Wabtec (NYSE:WAB) Price Target to $330.00

Wabtec (NYSE:WAB) had its price target raised by investment analysts at Stephens from $320.00 to $330.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The brokerage presently has an “overweight” rating on the transportation company’s stock. Stephens’ target price points to a potential upside of 11.53% from the company’s previous close.

Several other research firms also recently commented on WAB. Rothschild & Co Redburn raised shares of Wabtec from a “neutral” rating to a “buy” rating and raised their price target for the stock from $262.00 to $285.00 in a research note on Thursday, March 26th. Wells Fargo & Company upped their target price on shares of Wabtec from $284.00 to $315.00 and gave the stock an “equal weight” rating in a research note on Thursday. Jefferies Financial Group reaffirmed a “buy” rating and set a $290.00 target price (down from $300.00) on shares of Wabtec in a research report on Tuesday, March 31st. Susquehanna lifted 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. Finally, KeyCorp boosted their price target on Wabtec from $308.00 to $340.00 and gave the company an “overweight” rating in a report on Thursday. Ten analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $310.64.

Wabtec Trading Up 2.0%

WAB traded up $5.89 during trading hours on Thursday, reaching $295.89. 931,815 shares of the company’s stock traded hands, compared to its average volume of 918,630. The firm has a 50-day moving average price of $264.47 and a 200 day moving average price of $254.26. Wabtec has a 52-week low of $184.26 and a 52-week high of $298.14. The company has a quick ratio of 0.54, a current ratio of 1.02 and a debt-to-equity ratio of 0.42. The firm has a market capitalization of $50.21 billion, a PE ratio of 41.82, a PEG ratio of 1.88 and a beta of 0.94.

Wabtec (NYSE:WAB) last released its earnings results 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. Wabtec had a return on equity of 14.52% and a net margin of 10.52%.The business had revenue of $3.18 billion for the quarter, compared to analyst estimates of $3.07 billion. During the same quarter last year, the firm posted $2.27 earnings per share. The business’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. As a group, sell-side analysts predict that Wabtec will post 10.64 EPS for the current fiscal year.

Insider Activity

In related news, insider Sameer Gaur sold 1,082 shares of the business’s 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 in the company, valued at $3,158,047.50. The trade was a 8.28% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Rafael Santana sold 1,163 shares of the firm’s stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $262.07, for a total transaction 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 approximately $32,212,071.98. This trade represents a 0.94% decrease in their ownership of the stock. 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 three months, insiders have sold 5,734 shares of company stock valued at $1,504,571. Insiders own 0.57% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in WAB. Meeder Advisory Services Inc. lifted its holdings in Wabtec by 1.6% in the first quarter. Meeder Advisory Services Inc. now owns 2,471 shares of the transportation company’s stock valued at $618,000 after acquiring an additional 38 shares during the last quarter. Hilltop Holdings Inc. increased its stake in Wabtec by 3.9% during the fourth quarter. Hilltop Holdings Inc. now owns 1,069 shares of the transportation company’s stock worth $228,000 after acquiring an additional 40 shares during the last quarter. Apollon Wealth Management LLC raised its position in Wabtec by 1.6% in the first quarter. Apollon Wealth Management LLC now owns 3,081 shares of the transportation company’s stock valued at $770,000 after purchasing an additional 48 shares during the period. IHT Wealth Management LLC lifted its stake in shares of Wabtec by 1.0% in the 4th quarter. IHT Wealth Management LLC now owns 4,856 shares of the transportation company’s stock valued at $1,037,000 after purchasing an additional 50 shares during the last quarter. Finally, Carnegie Investment Counsel grew its holdings in shares of Wabtec by 2.5% during the 4th quarter. Carnegie Investment Counsel now owns 2,051 shares of the transportation company’s stock worth $438,000 after purchasing an additional 51 shares during the period. 91.69% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Wabtec

Here are the key news stories impacting Wabtec this week:

• Positive Sentiment: Wabtec posted Q2 earnings of $2.76 per share, topping estimates, while revenue rose 17.5% to $3.18 billion on broad-based strength in freight and transit. Article title
• Positive Sentiment: The company raised FY2026 guidance to $12.3 billion-$12.6 billion in revenue and $10.60-$10.90 in adjusted EPS, signaling management confidence in continued demand and margin expansion. Article title
• Positive Sentiment: Several firms raised price targets after the results, including Susquehanna to $340, KeyCorp to $340, and Wells Fargo to $315, reflecting improved expectations for WAB’s earnings power. Article title
• Positive Sentiment: Technical coverage also turned bullish, with the stock crossing above the 20-day and 50-day moving averages and flashing a “golden cross” style signal, which can attract momentum investors. Article title
• Neutral Sentiment: Wabtec also had a series of momentum-focused articles highlighting the stock as a strong technical setup, reinforcing the recent investor enthusiasm rather than adding new fundamentals. Article title

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.