Wabtec jumps after strong Q2 results and higher 2026 outlook

Wabtec Corporation (WAB) is up 10.4% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver is a strong second-quarter earnings report that showed broad-based sales growth, margin expansion, and a higher full-year outlook. Investors also appear to be responding to better freight equipment demand, acquisition-driven transit growth, and a backlog that points to solid forward visibility.

Details:

Second-quarter sales rose 17.5% to $3.18 billion, while adjusted earnings per share increased 21.6% to $2.76.

The company raised 2026 guidance, lifting its revenue range to $12.30 billion to $12.60 billion and its adjusted EPS range to $10.60 to $10.90.

Freight segment sales climbed 16.9%, helped by a 35.0% increase in equipment sales tied to higher locomotive deliveries.

Transit segment sales increased 18.9%, supported by the Dellner Couplers acquisition, higher original equipment and aftermarket sales, and favorable currency effects.

Sources:

Wabtec Corporation, Zacks, MarketBeat

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$WAB Insider Trading Activity

$WAB insiders have traded $WAB stock on the open market 64 times in the past 6 months. Of those trades, 0 have been purchases and 64 have been sales.

Here’s a breakdown of recent trading of $WAB stock by insiders over the last 6 months:

RAFAEL SANTANA (President and CEO) has made 0 purchases and 56 sales selling 73,752 shares for an estimated $19,658,088.
JOHN A OLIN (Executive Vice President & CFO) sold 11,000 shares for an estimated $2,896,300
NALIN JAIN (President, Digital Electronics) sold 7,936 shares for an estimated $2,095,853
GINA TROMBLEY (EVP Sales & Marketing) sold 4,013 shares for an estimated $970,624
ROGERIO MENDONCA (President, Equipment Group) has made 0 purchases and 2 sales selling 3,500 shares for an estimated $924,719.
SAMEER GAUR (Pres., Global Freight Services) has made 0 purchases and 2 sales selling 2,232 shares for an estimated $587,120.
GREGORY SBROCCO (EVP Operations) sold 952 shares for an estimated $246,025

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

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$WAB Hedge Fund Activity

We have seen 459 institutional investors add shares of $WAB stock to their portfolio, and 455 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

FARALLON CAPITAL MANAGEMENT LLC removed 866,600 shares (-35.0%) from their portfolio in Q1 2026, for an estimated $216,572,006
FMR LLC added 811,550 shares (+4.3%) to their portfolio in Q1 2026, for an estimated $202,814,460
ASSENAGON ASSET MANAGEMENT S.A. removed 656,481 shares (-77.1%) from their portfolio in Q2 2026, for an estimated $176,987,277
SELECT EQUITY GROUP, L.P. removed 635,776 shares (-17.9%) from their portfolio in Q1 2026, for an estimated $158,886,780
JUNTO CAPITAL MANAGEMENT LP removed 543,202 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $135,751,611
NORDEA INVESTMENT MANAGEMENT AB added 486,537 shares (+15.9%) to their portfolio in Q1 2026, for an estimated $121,590,461
AUSTRALIANSUPER PTY LTD removed 413,259 shares (-45.5%) from their portfolio in Q1 2026, for an estimated $103,277,556

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$WAB Congressional Stock Trading

Members of Congress have traded $WAB stock 9 times in the past 6 months. Of those trades, 2 have been purchases and 7 have been sales.

Here’s a breakdown of recent trading of $WAB stock by members of Congress over the last 6 months:

REPRESENTATIVE APRIL MCCLAIN DELANEY has traded it 6 times. They made 0 purchases and 6 sales worth up to $90,000 on 06/15, 06/12, 06/10, 06/04, 01/30, 01/22.
SENATOR TOMMY TUBERVILLE sold up to $15,000 on 06/09.
REPRESENTATIVE RICK LARSEN purchased up to $15,000 on 04/07.
SENATOR ALAN ARMSTRONG purchased up to $15,000 on 03/27.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.

$WAB Price Targets

Multiple analysts have issued price targets for $WAB recently. We have seen 8 analysts offer price targets for $WAB in the last 6 months, with a median target of $287.5.

Here are some recent targets:

Jerry Revich from Wells Fargo set a target price of $284.0 on 04/23/2026
Tami Zakaria from JP Morgan set a target price of $280.0 on 04/10/2026
Ben Mohr from Citigroup set a target price of $292.0 on 04/09/2026
Stephen Volkmann from Jefferies set a target price of $290.0 on 03/31/2026
Oliver Holmes from Rothschild & Co set a target price of $285.0 on 03/26/2026
Brady Lierz from Stephens & Co. set a target price of $290.0 on 02/12/2026
Steve Barger from Keybanc set a target price of $308.0 on 02/12/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.