Wabtec (NYSE:WAB) Posts Earnings Results, Beats Estimates By $0.09 EPS

Wabtec (NYSE:WAB) released its quarterly earnings data on Wednesday. The transportation company reported $2.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.62 by $0.09, FiscalAI reports. The company had revenue of $2.95 billion for the quarter, compared to analysts’ expectations of $3.08 billion. Wabtec had a net margin of 10.48% and a return on equity of 14.12%. The business’s revenue was up 13.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.28 EPS. Wabtec updated its FY 2026 guidance to 10.250-10.650 EPS.

Wabtec Stock Up 1.7%

NYSE WAB traded up $4.38 during trading hours on Wednesday, hitting $262.01. The company’s stock had a trading volume of 199,677 shares, compared to its average volume of 898,894. Wabtec has a 52 week low of $179.25 and a 52 week high of $275.84. The company has a market capitalization of $44.59 billion, a PE ratio of 38.31, a price-to-earnings-growth ratio of 1.99 and a beta of 0.99. The company has a current ratio of 1.11, a quick ratio of 0.57 and a debt-to-equity ratio of 0.38. The company’s 50-day simple moving average is $253.97 and its two-hundred day simple moving average is $227.77.

Wabtec Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 2nd. Investors of record on Tuesday, February 17th were given a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend was Tuesday, February 17th. This is a positive change from Wabtec’s previous quarterly dividend of $0.25. Wabtec’s payout ratio is 18.16%.

Wall Street Analysts Forecast Growth

WAB has been the topic of a number of research analyst reports. Rothschild & Co Redburn raised shares of Wabtec from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $262.00 to $285.00 in a research report on Thursday, March 26th. Stephens increased their price objective on shares of Wabtec from $230.00 to $290.00 and gave the stock an “overweight” rating in a research report on Thursday, February 12th. JPMorgan Chase & Co. cut their price objective on shares of Wabtec from $290.00 to $280.00 and set a “neutral” rating on the stock in a research report on Friday, April 10th. Jefferies Financial Group reissued a “buy” rating and set a $290.00 price objective (down from $300.00) on shares of Wabtec in a research report on Tuesday, March 31st. Finally, Susquehanna set a $300.00 price objective on shares of Wabtec in a research report on Thursday, February 12th. Ten investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $275.75.

Wabtec News Roundup

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

Insiders Place Their Bets

In other Wabtec news, CEO Rafael Santana sold 60,852 shares of Wabtec stock in a transaction that occurred on Tuesday, April 14th. The shares were sold at an average price of $268.89, for a total transaction of $16,362,494.28. Following the transaction, the chief executive officer owned 128,729 shares of the company’s stock, valued at $34,613,940.81. This trade represents a 32.10% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Rogerio Mendonca sold 3,500 shares of Wabtec stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $264.21, for a total transaction of $924,735.00. Following the transaction, the insider directly owned 10,101 shares in the company, valued at approximately $2,668,785.21. This represents a 25.73% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 92,364 shares of company stock worth $24,522,522 in the last 90 days. Company insiders own 0.57% of the company’s stock.

Hedge Funds Weigh In On Wabtec

Several hedge funds have recently modified their holdings of WAB. Guggenheim Capital LLC lifted its position in shares of Wabtec by 7.4% during the 2nd quarter. Guggenheim Capital LLC now owns 4,938 shares of the transportation company’s stock worth $1,034,000 after buying an additional 342 shares in the last quarter. Bank of Nova Scotia lifted its position in shares of Wabtec by 0.5% during the 2nd quarter. Bank of Nova Scotia now owns 17,890 shares of the transportation company’s stock worth $3,745,000 after buying an additional 97 shares in the last quarter. Nebula Research & Development LLC lifted its position in shares of Wabtec by 208.7% during the 2nd quarter. Nebula Research & Development LLC now owns 5,386 shares of the transportation company’s stock worth $1,128,000 after buying an additional 3,641 shares in the last quarter. Treasurer of the State of North Carolina lifted its position in shares of Wabtec by 11.6% during the 2nd quarter. Treasurer of the State of North Carolina now owns 92,097 shares of the transportation company’s stock worth $19,281,000 after buying an additional 9,545 shares in the last quarter. Finally, Ieq Capital LLC lifted its position in shares of Wabtec by 19.2% during the 2nd quarter. Ieq Capital LLC now owns 30,352 shares of the transportation company’s stock worth $6,354,000 after buying an additional 4,889 shares in the last quarter. Institutional investors own 91.69% of the company’s stock.

Wabtec declared that its Board of Directors has authorized a stock buyback plan on Wednesday, February 11th that allows the company to repurchase $1.20 billion in outstanding shares. This repurchase authorization allows the transportation company to buy up to 2.9% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s board believes its shares are undervalued.

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.