Westinghouse Air Brake Technologies Co. (NYSE:WAB - Free Report) - Investment analysts at Zacks Research dropped their Q4 2025 EPS estimates for Westinghouse Air Brake Technologies in a research note issued to investors on Monday, November 11th. Zacks Research analyst M. Basu now expects that the transportation company will post earnings of $2.40 per share for the quarter, down from their previous estimate of $2.42. The consensus estimate for Westinghouse Air Brake Technologies' current full-year earnings is $7.61 per share.
Several other brokerages also recently weighed in on WAB. Bank of America lifted their target price on Westinghouse Air Brake Technologies from $183.00 to $184.00 and gave the company a "buy" rating in a research note on Monday, July 22nd. Susquehanna upped their price objective on shares of Westinghouse Air Brake Technologies from $190.00 to $220.00 and gave the stock a "positive" rating in a report on Monday, October 21st. KeyCorp raised their target price on shares of Westinghouse Air Brake Technologies from $200.00 to $220.00 and gave the company an "overweight" rating in a research note on Wednesday. Stephens upped their price target on shares of Westinghouse Air Brake Technologies from $190.00 to $205.00 and gave the stock an "overweight" rating in a research note on Thursday, October 24th. Finally, The Goldman Sachs Group raised their price objective on shares of Westinghouse Air Brake Technologies from $181.00 to $205.00 and gave the company a "neutral" rating in a research note on Thursday, October 24th. Three analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $175.30.
Read Our Latest Analysis on Westinghouse Air Brake Technologies
Westinghouse Air Brake Technologies Stock Performance
Shares of NYSE WAB traded down $0.24 during midday trading on Wednesday, hitting $198.84. 876,767 shares of the company's stock were exchanged, compared to its average volume of 1,077,354. Westinghouse Air Brake Technologies has a twelve month low of $113.93 and a twelve month high of $202.84. The firm has a market cap of $34.18 billion, a P/E ratio of 33.14, a PEG ratio of 1.55 and a beta of 1.27. The stock's 50 day moving average price is $183.60 and its 200-day moving average price is $169.96. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.30 and a quick ratio of 0.65.
Westinghouse Air Brake Technologies (NYSE:WAB - Get Free Report) last issued its quarterly earnings data on Wednesday, October 23rd. The transportation company reported $2.00 earnings per share for the quarter, beating the consensus estimate of $1.87 by $0.13. Westinghouse Air Brake Technologies had a net margin of 10.25% and a return on equity of 12.52%. The firm had revenue of $2.66 billion for the quarter, compared to the consensus estimate of $2.68 billion. During the same period last year, the firm posted $1.70 EPS. Westinghouse Air Brake Technologies's quarterly revenue was up 4.4% compared to the same quarter last year.
Westinghouse Air Brake Technologies Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 13th will be issued a $0.20 dividend. The ex-dividend date of this dividend is Wednesday, November 13th. This represents a $0.80 annualized dividend and a dividend yield of 0.40%. Westinghouse Air Brake Technologies's dividend payout ratio is currently 13.33%.
Insider Activity
In related news, VP David L. Deninno sold 875 shares of Westinghouse Air Brake Technologies stock in a transaction on Wednesday, October 30th. The stock was sold at an average price of $188.70, for a total value of $165,112.50. Following the transaction, the vice president now directly owns 55,352 shares in the company, valued at $10,444,922.40. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. In other news, VP David L. Deninno sold 875 shares of Westinghouse Air Brake Technologies stock in a transaction that occurred on Wednesday, October 30th. The shares were sold at an average price of $188.70, for a total value of $165,112.50. Following the transaction, the vice president now directly owns 55,352 shares of the company's stock, valued at $10,444,922.40. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CAO John A. Mastalerz, Jr. sold 2,796 shares of the business's stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $199.71, for a total transaction of $558,389.16. Following the sale, the chief accounting officer now owns 5,683 shares in the company, valued at $1,134,951.93. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 53,562 shares of company stock worth $10,040,379. Insiders own 1.10% of the company's stock.
Institutional Trading of Westinghouse Air Brake Technologies
Several hedge funds and other institutional investors have recently modified their holdings of the business. Border to Coast Pensions Partnership Ltd raised its position in Westinghouse Air Brake Technologies by 4.5% during the third quarter. Border to Coast Pensions Partnership Ltd now owns 201,011 shares of the transportation company's stock valued at $36,431,000 after buying an additional 8,575 shares during the period. Rhumbline Advisers lifted its position in shares of Westinghouse Air Brake Technologies by 2.1% in the second quarter. Rhumbline Advisers now owns 335,483 shares of the transportation company's stock worth $53,023,000 after purchasing an additional 7,012 shares in the last quarter. Nisa Investment Advisors LLC boosted its holdings in shares of Westinghouse Air Brake Technologies by 12.3% during the second quarter. Nisa Investment Advisors LLC now owns 22,357 shares of the transportation company's stock worth $3,534,000 after purchasing an additional 2,457 shares during the period. UMB Bank n.a. grew its position in Westinghouse Air Brake Technologies by 3.4% during the second quarter. UMB Bank n.a. now owns 4,701 shares of the transportation company's stock valued at $743,000 after purchasing an additional 156 shares in the last quarter. Finally, Plato Investment Management Ltd increased its stake in Westinghouse Air Brake Technologies by 2.3% in the 2nd quarter. Plato Investment Management Ltd now owns 11,522 shares of the transportation company's stock valued at $1,821,000 after buying an additional 261 shares during the period. Institutional investors and hedge funds own 91.69% of the company's stock.
About Westinghouse Air Brake Technologies
(
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Westinghouse Air Brake Technologies Corporation, together with its subsidiaries, provides technology-based locomotives, equipment, systems, and services for the freight rail and passenger transit industries worldwide. It offers diesel-electric, battery, and liquid natural gas-powered locomotives; engines, electric motors, and propulsion systems; and marine and mining products.
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