Wabtec (NYSE:WAB) Releases 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 10.250-10.650 for the period, compared to the consensus estimate of 10.440. The company issued revenue guidance of $12.2 billion-$12.5 billion, compared to the consensus revenue estimate of $12.3 billion.

Wabtec Trading Up 1.1%

NYSE:WAB traded up $2.83 on Wednesday, hitting $260.46. 112,209 shares of the stock were exchanged, compared to its average volume of 898,445. The stock has a market capitalization of $44.32 billion, a price-to-earnings ratio of 38.20, a P/E/G ratio of 1.99 and a beta of 0.99. Wabtec has a 52 week low of $179.25 and a 52 week high of $275.84. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.57 and a current ratio of 1.11. The company’s 50-day moving average price is $253.97 and its 200 day moving average price is $227.77.

Wabtec (NYSE:WAB) last announced its quarterly earnings data on Wednesday, April 22nd. The transportation company reported $2.71 earnings per share for the quarter, topping the consensus estimate of $2.62 by $0.09. The firm had revenue of $2.95 billion during the quarter, compared to analysts’ expectations of $3.08 billion. Wabtec had a return on equity of 14.12% and a net margin of 10.48%.The company’s quarterly revenue was up 13.0% compared to the same quarter last year. During the same period in the previous year, the business posted $2.28 EPS. Wabtec has set its FY 2026 guidance at 10.250-10.650 EPS. On average, equities research analysts forecast that Wabtec will post 10.43 earnings per share for the current year.

Wabtec Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Tuesday, February 17th were given a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Tuesday, February 17th. This is an increase from Wabtec’s previous quarterly dividend of $0.25. Wabtec’s dividend payout ratio is presently 18.16%.

Wabtec declared that its board has initiated a stock buyback program on Wednesday, February 11th that authorizes the company to buyback $1.20 billion in shares. This buyback authorization authorizes the transportation company to purchase up to 2.9% of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s management believes its shares are undervalued.

Analyst Ratings Changes

Several equities analysts have recently issued reports on WAB shares. JPMorgan Chase & Co. decreased their target price on Wabtec from $290.00 to $280.00 and set a “neutral” rating for the company in a research report on Friday, April 10th. Wells Fargo & Company boosted their target price on Wabtec from $224.00 to $270.00 and gave the stock an “equal weight” rating in a research report on Friday, February 13th. Susquehanna set a $300.00 target price on Wabtec in a research report on Thursday, February 12th. Jefferies Financial Group restated 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. Finally, Wolfe Research upgraded Wabtec from a “peer perform” rating to an “outperform” rating and set a $245.00 target price for the company in a research report on Thursday, January 8th. Ten investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Wabtec currently has a consensus rating of “Moderate Buy” and a consensus price target of $275.75.

Insiders Place Their Bets

In related news, insider Rogerio Mendonca sold 3,500 shares of the business’s stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $264.21, for a total value of $924,735.00. Following the completion of the transaction, the insider directly owned 10,101 shares in the company, valued at approximately $2,668,785.21. The trade was a 25.73% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO John A. Olin sold 11,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $263.30, for a total value of $2,896,300.00. Following the transaction, the chief financial officer directly owned 60,487 shares of the company’s stock, valued at approximately $15,926,227.10. This trade represents a 15.39% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 92,364 shares of company stock worth $24,522,522 in the last three months. 0.57% of the stock is owned by corporate insiders.

Trending Headlines about Wabtec

Here are the key news stories impacting Wabtec this week:

• Positive Sentiment: Adjusted EPS beat and strong margin expansion — adjusted EPS of $2.71 topped estimates and adjusted operating margin improved, supporting the company’s profit outlook. Zacks: WAB Beats Q1
• Positive Sentiment: FY2026 guidance centered near consensus — management raised its EPS range to 10.25–10.65 (midpoint ≈ 10.45), and set revenue guidance that tracks analyst expectations, which reduces surprise risk on the full year. Press Release
• Positive Sentiment: Backlog and sales growth support multi-year visibility — backlog expanded to $30.8B and the company reported double‑digit sales and adjusted EPS growth, underpinning medium-term revenue visibility. Financial Post: Q1 Results
• Neutral Sentiment: Top-line miss — Q1 sales of $2.95B fell short of some estimates (~$3.08B), indicating uneven demand across segments even as profitability improved. This tempers the upbeat EPS print. Company Release / Slide Deck
• Negative Sentiment: Mixed near-term signal for revenue growth — the quarter’s revenue shortfall and a modest operating cash flow ($199M) could cause near-term profit-taking or caution from investors focused on top-line momentum. MarketBeat: Q1 Summary

Hedge Funds Weigh In On Wabtec

Large investors have recently bought and sold shares of the company. Manchester Capital Management LLC boosted its position in Wabtec by 122.0% during 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. acquired a new position in Wabtec during the 4th quarter worth approximately $31,000. DV Equities LLC acquired a new position in Wabtec during the 4th quarter worth approximately $51,000. Johnson Financial Group Inc. acquired a new position in Wabtec during the 3rd quarter worth approximately $62,000. Finally, Larson Financial Group LLC boosted its position in Wabtec by 23.6% during the 3rd quarter. Larson Financial Group LLC now owns 377 shares of the transportation company’s stock worth $76,000 after acquiring an additional 72 shares during the last quarter. Institutional investors and hedge funds own 91.69% of the company’s stock.

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.