Wabtec (NYSE:WAB) Board of Directors Initiates Stock Repurchase Program

Wabtec (NYSE:WAB) announced that its Board of Directors has initiated a stock buyback program on Wednesday, February 11th, RTT News reports. The company plans to buyback $1.20 billion in shares. This buyback authorization authorizes the transportation company to reacquire up to 2.9% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s management believes its stock is undervalued.

Wabtec Stock Performance

WAB stock traded up $7.84 during mid-day trading on Wednesday, hitting $254.29. The company had a trading volume of 1,854,732 shares, compared to its average volume of 731,849. The firm has a market cap of $43.47 billion, a PE ratio of 36.96, a price-to-earnings-growth ratio of 1.68 and a beta of 1.01. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.75 and a current ratio of 1.42. Wabtec has a 12 month low of $151.81 and a 12 month high of $260.59. The stock’s fifty day moving average price is $224.73 and its two-hundred day moving average price is $206.45.

Wabtec (NYSE:WAB) last released its earnings results on Wednesday, February 11th. The transportation company reported $2.10 earnings per share for the quarter, beating analysts’ consensus estimates of $2.08 by $0.02. The firm had revenue of $2.97 billion during the quarter, compared to the consensus estimate of $2.86 billion. Wabtec had a net margin of 10.94% and a return on equity of 13.84%. The company’s revenue was up 14.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.68 EPS. Wabtec has set its FY 2026 guidance at 10.050-10.450 EPS. On average, analysts forecast that Wabtec will post 8.54 earnings per share for the current fiscal year.

Wabtec Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Tuesday, February 17th will be given a $0.31 dividend. This is an increase from Wabtec’s previous quarterly dividend of $0.25. This represents a $1.24 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend is Tuesday, February 17th. Wabtec’s dividend payout ratio (DPR) is 14.53%.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on WAB shares. Bank of America raised their price objective on Wabtec from $228.00 to $233.00 and gave the company a “buy” rating in a research note on Thursday, November 13th. Citigroup increased their target price on shares of Wabtec from $245.00 to $258.00 and gave the company a “buy” rating in a report on Friday, January 9th. Weiss Ratings reissued a “buy (b)” rating on shares of Wabtec in a research report on Wednesday, January 21st. JPMorgan Chase & Co. boosted their price target on shares of Wabtec from $215.00 to $245.00 and gave the stock a “neutral” rating in a report on Wednesday, January 14th. Finally, 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 research note on Thursday, January 8th. Eight research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, Wabtec has a consensus rating of “Moderate Buy” and a consensus target price of $241.00.

Insider Transactions at Wabtec

In other Wabtec news, insider Rogerio Mendonca sold 2,019 shares of the business’s stock in a transaction on Thursday, December 4th. The stock was sold at an average price of $214.51, for a total value of $433,095.69. Following the sale, the insider directly owned 9,516 shares in the company, valued at $2,041,277.16. The trade was a 17.50% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Michael Fetsko sold 5,058 shares of the stock in a transaction on Friday, December 12th. The stock was sold at an average price of $215.72, for a total value of $1,091,111.76. Following the transaction, the insider owned 36,882 shares of the company’s stock, valued at $7,956,185.04. The trade was a 12.06% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 13,875 shares of company stock valued at $2,978,789. Corporate insiders own 1.10% of the company’s stock.

Key Headlines Impacting Wabtec

Here are the key news stories impacting Wabtec this week:

• Positive Sentiment: Q4 results beat expectations (EPS $2.10 vs ~$2.08 est.; revenue ~ $2.96–2.97B) and management raised full‑year 2026 guidance while reporting a record $27B backlog — the core reasons the stock moved up. Wabtec shares rise 3% as record backlog and strong earnings drive optimistic outlook
• Positive Sentiment: Company emphasized Freight strength and acquisition-driven growth; Zacks and other coverage note ~25% EPS jump y/y and ~15% revenue growth, underpinning the bullish outlook. Wabtec Q4 Earnings & Revenues Beat Estimates, Both Increase Y/Y
• Positive Sentiment: Wabtec completed the ~$960M acquisition of Dellner Couplers, expanding its passenger-transit product set and global footprint (13 countries) — a strategic bolt‑on that should lift transit revenue and cross‑sell opportunities. Wabtec Finalizes Acquisition of Dellner Couplers
• Positive Sentiment: Wabtec announced large locomotive/orders (roughly $2.5B in deals across major railroads, including a $670M CSX modernization order), supporting near‑term revenue visibility and backlog conversion. Wabtec signs $2.5 billion in locomotive deals. Will there be new Erie jobs?
• Positive Sentiment: Management launched the EVO modernization program and is guiding 2026 sales growth (~+10.5%), reiterating confidence in aftermarket/upgrades as a recurring revenue driver. Wabtec expects 2026 sales up 10.5% and launches EVO modernization amid record $27B backlog
• Neutral Sentiment: Short interest has declined recently (~14% drop in January), reducing one potential headwind but not a major directional driver on its own.

Wabtec Company Profile

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.