Varma Mutual Pension Insurance Co Has $9.61 Million Stock Holdings in Wabtec $WAB

Varma Mutual Pension Insurance Co boosted its stake in Wabtec (NYSE:WAB) by 9.1% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 47,924 shares of the transportation company’s stock after buying an additional 4,000 shares during the quarter. Varma Mutual Pension Insurance Co’s holdings in Wabtec were worth $9,607,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Norges Bank acquired a new position in Wabtec in the 2nd quarter worth about $347,194,000. Qube Research & Technologies Ltd bought a new stake in shares of Wabtec during the 2nd quarter worth about $121,612,000. Aviva PLC increased its holdings in shares of Wabtec by 7,960.0% during the 2nd quarter. Aviva PLC now owns 527,685 shares of the transportation company’s stock valued at $110,471,000 after acquiring an additional 521,138 shares during the last quarter. Vanguard Group Inc. raised its stake in shares of Wabtec by 2.5% in the 2nd quarter. Vanguard Group Inc. now owns 19,930,893 shares of the transportation company’s stock valued at $4,172,532,000 after acquiring an additional 493,437 shares in the last quarter. Finally, Amundi lifted its holdings in Wabtec by 36.8% in the 2nd quarter. Amundi now owns 1,614,789 shares of the transportation company’s stock worth $345,371,000 after purchasing an additional 434,401 shares during the last quarter. 91.69% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, CEO Rafael Santana sold 1,798 shares of Wabtec stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $245.71, for a total value of $441,786.58. Following the completion of the transaction, the chief executive officer directly owned 118,749 shares of the company’s stock, valued at $29,177,816.79. The trade was a 1.49% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, VP David L. Deninno sold 5,000 shares of the company’s stock in a transaction dated Thursday, December 4th. The stock was sold at an average price of $214.62, for a total transaction of $1,073,100.00. Following the transaction, the vice president owned 50,450 shares in the company, valued at approximately $10,827,579. This trade represents a 9.02% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 15,673 shares of company stock valued at $3,420,576 in the last 90 days. Insiders own 1.10% of the company’s stock.

Wabtec Price Performance

Shares of WAB stock opened at $256.68 on Friday. The stock’s fifty day simple moving average is $226.37 and its 200 day simple moving average is $207.20. Wabtec has a one year low of $151.81 and a one year high of $262.40. The firm has a market cap of $43.88 billion, a price-to-earnings ratio of 37.58, a P/E/G ratio of 1.69 and a beta of 1.01. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.11 and a quick ratio of 0.75.

Wabtec (NYSE:WAB) last issued its quarterly earnings data on Wednesday, February 11th. The transportation company reported $2.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.08 by $0.02. Wabtec had a return on equity of 14.12% and a net margin of 10.48%.The company had revenue of $2.97 billion during the quarter, compared to analysts’ expectations of $2.86 billion. During the same period last year, the business earned $1.68 earnings per share. The business’s revenue was up 14.8% on a year-over-year basis. Wabtec has set its FY 2026 guidance at 10.050-10.450 EPS. On average, analysts expect that Wabtec will post 8.54 earnings per share for the current fiscal year.

Wabtec announced that its board has approved a stock buyback plan on Wednesday, February 11th that authorizes the company to buyback $1.20 billion in outstanding shares. This buyback authorization authorizes the transportation company to repurchase up to 2.9% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s board of directors believes its shares are undervalued.

Wabtec Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Tuesday, February 17th will be issued a $0.31 dividend. This represents a $1.24 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend is Tuesday, February 17th. This is an increase from Wabtec’s previous quarterly dividend of $0.25. Wabtec’s dividend payout ratio (DPR) is presently 14.53%.

Key Headlines Impacting Wabtec

Here are the key news stories impacting Wabtec this week:

• Positive Sentiment: Q4 beat and raised FY‑2026 guidance — Wabtec reported stronger-than-expected Q4 revenue and EPS and issued upbeat FY‑2026 guidance, supporting near‑term earnings visibility and margin outlook. Read More.
• Positive Sentiment: $1.2 billion share repurchase authorized — the board approved a buyback that could reduce share count by ~2.9%, a direct EPS support and signal of management confidence. Read More.
• Positive Sentiment: Acquisition of Dellner Couplers completed — adds safety‑critical passenger‑rail coupler technology and expands Wabtec’s transit product footprint, improving cross‑sell opportunities in passenger systems. Read More.
• Positive Sentiment: Analysts lifting forecasts and price targets — multiple shops raised estimates and targets after Q4, including material upgrades that can draw buy‑side interest. Read More.
• Positive Sentiment: Composite rating and market sentiment improving — third‑party composite score coverage shows rising quality/strength metrics, which can support momentum flows. Read More.
• Neutral Sentiment: Large rail orders in the market — major customers (e.g., CSX) are issuing sizable locomotive contracts that expand the addressable market; upside to Wabtec depends on bid wins and delivery timing. Read More.
• Neutral Sentiment: Momentum investor pieces highlight Wabtec as a buy candidate — useful for flows but not a fundamental driver by itself. Read More.
• Negative Sentiment: CEO insider sale disclosed — Rafael Santana sold ~1,798 shares (~$442k); modest in size versus his total holdings but some traders view insider sales as a caution. Read More.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the company. Morgan Stanley increased their price target on Wabtec from $257.00 to $264.00 and gave the company an “overweight” rating in a report on Monday, January 12th. Wall Street Zen raised shares of Wabtec from a “hold” rating to a “buy” rating in a research report on Saturday. Citigroup increased their target price on shares of Wabtec from $258.00 to $283.00 and gave the company a “buy” rating in a research note on Thursday. Bank of America boosted their price target on Wabtec from $228.00 to $233.00 and gave the company a “buy” rating in a research note on Thursday, November 13th. Finally, Stephens lifted their price objective on Wabtec from $230.00 to $290.00 and gave the stock an “overweight” rating in a report on Thursday. Eight research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $263.90.

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.