Wabtec $WAB Shares Bought by ING Groep NV

ING Groep NV increased its position in Wabtec (NYSE:WAB) by 165.6% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 59,800 shares of the transportation company’s stock after acquiring an additional 37,283 shares during the period. ING Groep NV’s holdings in Wabtec were worth $11,988,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the company. Empowered Funds LLC boosted its position in Wabtec by 240.8% during the second quarter. Empowered Funds LLC now owns 15,924 shares of the transportation company’s stock worth $3,334,000 after acquiring an additional 11,252 shares during the last quarter. Varenne Capital Partners lifted its stake in shares of Wabtec by 39.5% during the 2nd quarter. Varenne Capital Partners now owns 277,078 shares of the transportation company’s stock worth $58,006,000 after purchasing an additional 78,394 shares during the period. Quantbot Technologies LP acquired a new stake in shares of Wabtec during the second quarter worth $9,371,000. Mediolanum International Funds Ltd purchased a new stake in shares of Wabtec in the second quarter valued at $8,201,000. Finally, Neuberger Berman Group LLC grew its position in shares of Wabtec by 5.2% in the second quarter. Neuberger Berman Group LLC now owns 229,233 shares of the transportation company’s stock valued at $47,990,000 after purchasing an additional 11,406 shares during the period. 91.69% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts recently weighed in on the company. Bank of America increased their target price on Wabtec from $228.00 to $233.00 and gave the stock a “buy” rating in a research report on Thursday, November 13th. Susquehanna increased their price objective on shares of Wabtec from $240.00 to $280.00 and gave the stock a “positive” rating in a report on Monday, January 26th. Citigroup raised their target price on shares of Wabtec from $245.00 to $258.00 and gave the stock a “buy” rating in a research report on Friday, January 9th. Wolfe Research upgraded shares of Wabtec from a “peer perform” rating to an “outperform” rating and set a $245.00 target price for the company in a report on Thursday, January 8th. Finally, JPMorgan Chase & Co. increased their price target on shares of Wabtec from $215.00 to $245.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 14th. Eight investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $241.00.

Wabtec News Summary

Here are the key news stories impacting Wabtec this week:

• Positive Sentiment: Q4 beat, strong backlog and raised outlook — Wabtec reported Q4 EPS and revenue above estimates, reported a record ~$27B backlog and issued FY2026 guidance with higher revenue targets, supporting growth and forward visibility. Wabtec Q4 Earnings & Revenues Beat Estimates, Both Increase Y/Y
• Positive Sentiment: $1.2B buyback authorized — The board approved repurchases up to $1.2 billion (about 2.9% of shares), which supports EPS and signals management confidence in valuation. RTT News
• Positive Sentiment: Completed Dellner Couplers acquisition — Wabtec closed the Dellner Couplers deal, adding safety-critical transit coupler technology to its passenger-rail portfolio and expanding global footprint. This supports product scope and cross-sell opportunities. Wabtec Finalizes Acquisition of Dellner Couplers
• Positive Sentiment: Large contract awards boost near-term revenue — Recent locomotive and modernization orders (including multi-hundred-million-dollar deals with CSX and larger $2.5B train orders) add meaningful, bookable revenue and help explain backlog growth. CSX Orders 150 Locomotives in Major Deal
• Neutral Sentiment: Short interest fell in January — Short interest decreased ~13.9%, reducing one source of downward pressure and potentially amplifying upward moves if momentum continues.
• Neutral Sentiment: Dividend/1-year high note — The stock recently hit a 1-year high after a dividend announcement, reflecting investor appetite for yield plus growth. Wabtec Sets New 1-Year High After Dividend Announcement
• Negative Sentiment: EPS guidance slightly mixed — FY2026 EPS guidance range (10.05–10.45) sits around consensus but the low end is marginally below some forecasts, which could temper expectations if execution lags. Wabtec Delivers Strong Fourth Quarter 2025 Results; Announces 2026 Full-Year Guidance
• Negative Sentiment: Acquisition and integration risk / cash use — The Dellner purchase (~$960M) and M&A-driven revenue lift increase execution and integration risk and will use capital; investors should watch margins and cash conversion. Wabtec completes $960M acquisition, adds facilities in 13 countries

Insider Buying and Selling

In related news, CEO Rafael Santana sold 1,798 shares of the stock in a transaction on Wednesday, December 17th. The stock was sold at an average price of $212.17, for a total value of $381,481.66. Following the completion of the sale, the chief executive officer directly owned 125,941 shares in the company, valued at approximately $26,720,901.97. This represents a 1.41% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Michael Fetsko sold 5,058 shares of the business’s stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $215.72, for a total value of $1,091,111.76. Following the transaction, the insider owned 36,882 shares in the company, valued at approximately $7,956,185.04. This represents a 12.06% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 13,875 shares of company stock valued at $2,978,789 in the last 90 days. 1.10% of the stock is currently owned by company insiders.

Wabtec Stock Up 3.2%

Shares of NYSE:WAB opened at $254.29 on Thursday. The stock has a 50-day simple moving average of $224.73 and a 200-day simple moving average of $206.45. The stock has a market capitalization of $43.47 billion, a P/E ratio of 36.96, a PEG ratio of 1.68 and a beta of 1.01. Wabtec has a 1 year low of $151.81 and a 1 year high of $260.59. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.75 and a current ratio of 1.42.

Wabtec (NYSE:WAB) last announced its quarterly earnings results on Wednesday, February 11th. The transportation company reported $2.10 earnings per share for the quarter, beating analysts’ consensus estimates of $2.08 by $0.02. Wabtec had a net margin of 10.94% and a return on equity of 13.84%. The firm had revenue of $2.97 billion for the quarter, compared to analysts’ expectations of $2.86 billion. During the same period in the previous year, the company posted $1.68 earnings per share. Wabtec’s revenue was up 14.8% compared to the same quarter last year. Wabtec has set its FY 2026 guidance at 10.050-10.450 EPS. Equities analysts forecast that Wabtec will post 8.54 earnings per share for the current year.

Wabtec Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Investors of record on Tuesday, February 17th will be given a dividend of $0.31 per share. This is a positive change from Wabtec’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend is Tuesday, February 17th. This represents a $1.24 dividend on an annualized basis and a yield of 0.5%. Wabtec’s dividend payout ratio is currently 18.02%.

Wabtec announced that its board has initiated a share repurchase plan on Wednesday, February 11th that permits the company to buyback $1.20 billion in outstanding shares. This buyback authorization permits the transportation company to reacquire up to 2.9% of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s leadership believes its stock is 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.