Wabtec (NYSE:WAB) Issues FY 2026 Earnings Guidance

Wabtec (NYSE:WAB) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 10.600-10.900 for the period, compared to the consensus earnings per share estimate of 10.620. The company issued revenue guidance of $12.3 billion-$12.6 billion, compared to the consensus revenue estimate of $12.4 billion.

Analysts Set New Price Targets

Several brokerages have issued reports on WAB. 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. Wolfe Research reaffirmed an “outperform” rating and set a $303.00 target price on shares of Wabtec in a report on Thursday, April 23rd. Weiss Ratings restated a “buy (b)” rating on shares of Wabtec in a research note on Friday. Wells Fargo & Company increased their target price on Wabtec from $270.00 to $284.00 and gave the stock an “equal weight” rating in a research report on Thursday, April 23rd. Finally, Stephens upgraded Wabtec to a “strong-buy” rating in a research note on Wednesday, July 8th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, Wabtec presently has an average rating of “Moderate Buy” and an average price target of $293.36.

Wabtec Price Performance

Shares of NYSE:WAB opened at $262.43 on Wednesday. The firm’s 50 day moving average is $263.96 and its two-hundred day moving average is $253.72. The firm has a market capitalization of $44.53 billion, a P/E ratio of 37.12, a PEG ratio of 1.84 and a beta of 0.94. The company has a current ratio of 1.02, a quick ratio of 0.54 and a debt-to-equity ratio of 0.42. Wabtec has a 52 week low of $184.26 and a 52 week high of $284.91.

Wabtec (NYSE:WAB) last issued its quarterly earnings data on Wednesday, July 22nd. The transportation company reported $2.76 earnings per share (EPS) for the quarter, topping the consensus estimate 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 during the quarter, compared to the consensus estimate of $3.07 billion. Wabtec has set its FY 2026 guidance at 10.600-10.900 EPS. Analysts anticipate that Wabtec will post 10.64 earnings per share for the current year.

Wabtec Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Tuesday, August 18th will be paid a $0.31 dividend. The ex-dividend date of this dividend is Tuesday, August 18th. This represents a $1.24 annualized dividend and a dividend yield of 0.5%. Wabtec’s dividend payout ratio is presently 17.54%.

Insiders Place Their Bets

In other Wabtec news, CEO Rafael Santana sold 1,163 shares of the firm’s stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $261.06, for a total transaction of $303,612.78. Following the transaction, the chief executive officer owned 124,077 shares of the company’s stock, valued at approximately $32,391,541.62. This trade represents a 0.93% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Sameer Gaur sold 1,082 shares of the business’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $263.50, for a total transaction of $285,107.00. Following the sale, the insider owned 11,985 shares in the company, valued at $3,158,047.50. This trade represents a 8.28% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 5,734 shares of company stock worth $1,504,571 over the last three months. Corporate insiders own 0.57% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Manchester Capital Management LLC lifted its position in Wabtec by 122.0% in the fourth quarter. Manchester Capital Management LLC now owns 131 shares of the transportation company’s stock worth $28,000 after purchasing an additional 72 shares during the period. McMillan Office Inc. bought a new stake in shares of Wabtec in the 4th quarter worth $31,000. DV Equities LLC bought a new stake in shares of Wabtec in the 4th quarter worth $51,000. Johnson Financial Group Inc. acquired a new stake in shares of Wabtec in the third quarter valued at $62,000. Finally, Larson Financial Group LLC boosted its stake in Wabtec by 23.6% during the third quarter. Larson Financial Group LLC now owns 377 shares of the transportation company’s stock valued at $76,000 after buying an additional 72 shares in the last quarter. Institutional investors and hedge funds 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.