Wabtec (NYSE:WAB) Price Target Raised to $340.00

Wabtec (NYSE:WAB) had its target price increased by investment analysts at Susquehanna from $305.00 to $340.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The brokerage presently has a “positive” rating on the transportation company’s stock. Susquehanna’s target price suggests a potential upside of 17.18% from the company’s previous close.

WAB has been the subject of a number of other research reports. Stephens raised Wabtec to a “strong-buy” rating in a research report on Wednesday, July 8th. Citigroup lowered their price objective on shares of Wabtec from $313.00 to $311.00 and set a “buy” rating on the stock in a report on Monday, July 13th. Weiss Ratings reissued a “buy (b)” rating on shares of Wabtec in a research report on Friday, July 17th. KeyCorp increased their target price on shares of Wabtec from $308.00 to $340.00 and gave the stock an “overweight” rating in a report on Thursday. Finally, JPMorgan Chase & Co. raised their target price on shares of Wabtec from $290.00 to $300.00 and gave the company a “neutral” rating in a research report on Monday, July 13th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $299.45.

Wabtec Stock Performance

WAB opened at $290.15 on Thursday. The company has a market capitalization of $49.23 billion, a price-to-earnings ratio of 41.04, a P/E/G ratio of 1.88 and a beta of 0.94. The business’s 50-day moving average price is $264.47 and its two-hundred day moving average price is $254.26. Wabtec has a 1 year low of $184.26 and a 1 year high of $295.41. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.02 and a quick ratio of 0.54.

Wabtec (NYSE:WAB) last posted its quarterly earnings data on Wednesday, July 22nd. The transportation company reported $2.76 earnings per share for the quarter, topping the consensus estimate of $2.60 by $0.16. The company had revenue of $3.18 billion during the quarter, compared to analysts’ expectations of $3.07 billion. Wabtec had a return on equity of 14.52% and a net margin of 10.52%.Wabtec’s revenue for the quarter was up 17.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.27 earnings per share. Wabtec has set its FY 2026 guidance at 10.600-10.900 EPS. Equities analysts expect that Wabtec will post 10.64 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, CEO Rafael Santana sold 1,163 shares of the company’s stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $262.07, for a total value of $304,787.41. Following the sale, the chief executive officer directly owned 122,914 shares of the company’s stock, valued at approximately $32,212,071.98. This represents a 0.94% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Sameer Gaur sold 1,082 shares of the firm’s stock in a transaction dated 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 sale, the insider owned 11,985 shares of the company’s stock, 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. In the last quarter, insiders sold 5,734 shares of company stock valued at $1,504,571. Corporate insiders own 0.57% of the company’s stock.

Institutional Trading of Wabtec

A number of hedge funds have recently modified their holdings of WAB. SG Americas Securities LLC raised its holdings in Wabtec by 809.6% in the 4th quarter. SG Americas Securities LLC now owns 152,297 shares of the transportation company’s stock valued at $32,508,000 after acquiring an additional 135,553 shares during the period. Nomura Asset Management Co. Ltd. lifted its position in Wabtec by 5.3% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 85,485 shares of the transportation company’s stock worth $18,247,000 after acquiring an additional 4,266 shares during the last quarter. Azzad Asset Management Inc. ADV boosted its holdings in shares of Wabtec by 47.7% during the fourth quarter. Azzad Asset Management Inc. ADV now owns 8,710 shares of the transportation company’s stock worth $1,859,000 after acquiring an additional 2,811 shares during the period. Exchange Traded Concepts LLC grew its position in shares of Wabtec by 897.6% in the fourth quarter. Exchange Traded Concepts LLC now owns 15,502 shares of the transportation company’s stock valued at $3,309,000 after purchasing an additional 13,948 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its position in shares of Wabtec by 24,274.4% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 323,936 shares of the transportation company’s stock valued at $69,144,000 after purchasing an additional 322,607 shares during the last quarter. Institutional investors and hedge funds own 91.69% of the company’s stock.

More Wabtec News

Here are the key news stories impacting Wabtec this week:

• Positive Sentiment: Wabtec beat Q2 expectations with adjusted EPS of $2.76 and revenue of $3.18 billion, both above estimates, while sales rose 17.5% year over year and margins improved. Wabtec Shares Rise After 2Q Earnings Beat Estimates
• Positive Sentiment: The company raised its 2026 guidance, now expecting revenue of about $12.3 billion to $12.6 billion and adjusted EPS of $10.60 to $10.90, signaling management is more confident about demand and profitability ahead. Wabtec forecasts 2026 revenue of about $12.5B and adjusted EPS of $10.60-$10.90 as it raises guidance
• Positive Sentiment: Freight and Transit both contributed to the beat, with stronger locomotive deliveries, acquisition-related growth, and backlog gains supporting better visibility into future sales. Wabtec Q2 Earnings & Revenues Beat Estimates, Up Y/Y, EPS View Raised
• Neutral Sentiment: Additional coverage highlighted strong second-half momentum and a record-high share reaction, but these articles mostly echoed the same earnings and guidance story rather than adding new catalysts. Wabtec hits record high on improved 2026 outlook for freight, transit
• Neutral Sentiment: Wabtec interns volunteering to help preserve Erie’s Brig Niagara is positive for corporate reputation, but it is unlikely to materially affect the stock. Wabtec Interns Give Back, Help Preserve Erie’s Brig Niagara

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.