Sameer Gaur Sells 1,000 Shares of Wabtec (NYSE:WAB) Stock

Wabtec (NYSE:WAB) insider Sameer Gaur sold 1,000 shares of the stock in a transaction on Friday, July 24th. The shares were sold at an average price of $300.64, for a total value of $300,640.00. Following the completion of the transaction, the insider directly owned 10,985 shares in the company, valued at approximately $3,302,530.40. This represents a 8.34% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Sameer Gaur also recently made the following trade(s):

• On Friday, June 12th, Sameer Gaur sold 1,082 shares of Wabtec stock. The stock was sold at an average price of $263.50, for a total value of $285,107.00.

Wabtec Price Performance

WAB opened at $292.04 on Thursday. The company has a current ratio of 1.12, a quick ratio of 0.59 and a debt-to-equity ratio of 0.44. The stock has a market capitalization of $49.33 billion, a P/E ratio of 39.25, a PEG ratio of 2.07 and a beta of 0.94. The stock has a 50-day moving average price of $268.27 and a 200-day moving average price of $257.11. Wabtec has a 12-month low of $184.26 and a 12-month high of $306.64.

Wabtec (NYSE:WAB) last announced its quarterly earnings data on Wednesday, July 22nd. The transportation company reported $2.76 earnings per share for the quarter, beating analysts’ consensus estimates of $2.60 by $0.16. The company had revenue of $3.18 billion for the quarter, compared to analysts’ expectations of $3.07 billion. Wabtec had a return on equity of 15.10% and a net margin of 10.59%.Wabtec’s revenue for the quarter was up 17.5% compared to the same quarter last year. During the same period last year, the firm posted $2.27 EPS. Wabtec has set its FY 2026 guidance at 10.600-10.900 EPS. Equities analysts predict that Wabtec will post 10.86 earnings per share for the current fiscal year.

Wabtec Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Tuesday, August 18th will be paid a dividend of $0.31 per share. The ex-dividend date of this dividend is Tuesday, August 18th. This represents a $1.24 annualized dividend and a dividend yield of 0.4%. Wabtec’s dividend payout ratio (DPR) is 16.67%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on WAB. Stephens upped their price objective on shares of Wabtec from $320.00 to $330.00 and gave the company an “overweight” rating in a research note on Thursday, July 23rd. KeyCorp lifted their target price on shares of Wabtec from $308.00 to $340.00 and gave the stock an “overweight” rating in a research report on Thursday, July 23rd. Wells Fargo & Company boosted their price target on shares of Wabtec from $284.00 to $315.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 23rd. Weiss Ratings restated a “buy (b)” rating on shares of Wabtec in a research report on Friday, July 17th. Finally, JPMorgan Chase & Co. lifted their price objective on Wabtec from $300.00 to $315.00 and gave the stock a “neutral” rating in a report on Thursday, July 23rd. Ten equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $310.64.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Whipplewood Advisors LLC purchased a new position in shares of Wabtec in the first quarter worth $25,000. Clal Insurance Enterprises Holdings Ltd boosted its position in Wabtec by 125.9% during the 4th quarter. Clal Insurance Enterprises Holdings Ltd now owns 131 shares of the transportation company’s stock valued at $28,000 after buying an additional 73 shares during the period. Manchester Capital Management LLC grew its holdings in Wabtec by 122.0% in the 4th 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. bought a new stake in Wabtec in the 4th quarter worth $31,000. Finally, Reflection Asset Management purchased a new position in shares of Wabtec in the fourth quarter valued at about $35,000. Institutional investors own 91.69% of the company’s stock.

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.