Wabtec

WAB

Market cap $38.8B

Wabtec Corporation remains a Buy, supported by robust backlog growth and improving margins across both freight and transit divisions. WAB's $386 million NYC hybrid locomotive order and international contracts, including a $4.2 billion Kazakhstan deal, reinforce multi-year revenue visibility. Normalized earnings per share have exceeded $2.00 for three consecutive quarters, with FY 2026 EPS projected at $10.18.

WAB starts 2026 with a $386M follow-on order from New York's MTA to supply R255 hybrid battery-diesel locomotives.

WAB outpaces UPS with stronger stock gains, a healthier dividend profile, and a more robust growth outlook.

PITTSBURGH--(BUSINESS WIRE)-- #WeAreWabtec--Wabtec Corporation (NYSE: WAB) secured a $386 million follow-on order to deliver additional R255 hybrid battery-diesel work locomotives to New York's Metropolitan Transportation Authority (MTA). The order is a major step in the Authority's Capital Plan to revitalize the city's transit network infrastructure and improve the capabilities and safety of its maintenance crews. “The success of the R255 hybrid locomotive is a tribute to the strong working relationship betw.

As of quarter end, Invesco Global Opportunities Fund was well-balanced across 180 small- and mid-cap stocks from around the world, with approximately 60% of the fund invested in the US and 37% across non-US. The largest sector overweights compared to the benchmark were industrials at +6.4% and financials at -5.3%. During the quarter, we added and removed several stocks to reflect our desired positioning and upgrade the portfolio.

WAB's growing backlog and aggressive shareholder returns are lifting its performance, helping the stock beat its industry and surge over the past year.

Investors with an interest in Transportation - Equipment and Leasing stocks have likely encountered both Herc Holdings (HRI) and Westinghouse Air Brake Technologies (WAB). But which of these two companies is the best option for those looking for undervalued stocks?

Stocks making new highs Friday are industrial sector companies Allient and Wabtec and health technology company Penumbra.

Wabtec, AerCap and Herc have been highlighted in this Industry Outlook article.

Headwinds, including inflation, tariff-related tensions, and lingering supply-chain disruptions, hurt the Zacks Transportation - Equipment and Leasing industry. WAB, AER and HRI are likely to stand out.