1,997 Shares in Wabtec $WAB Acquired by BDFS Capital LLC

BDFS Capital LLC purchased a new position in shares of Wabtec (NYSE:WAB) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,997 shares of the transportation company’s stock, valued at approximately $426,000.

Other large investors also recently bought and sold shares of the company. Hilltop Holdings Inc. grew its stake in shares of Wabtec by 3.9% during the 4th quarter. Hilltop Holdings Inc. now owns 1,069 shares of the transportation company’s stock valued at $228,000 after buying an additional 40 shares during the period. CI Investments Inc. raised its position in shares of Wabtec by 6.1% in the 3rd quarter. CI Investments Inc. now owns 865 shares of the transportation company’s stock worth $173,000 after buying an additional 50 shares during the period. IHT Wealth Management LLC boosted its holdings in Wabtec by 1.0% in the fourth quarter. IHT Wealth Management LLC now owns 4,856 shares of the transportation company’s stock valued at $1,037,000 after acquiring an additional 50 shares during the last quarter. Carnegie Investment Counsel boosted its holdings in Wabtec by 2.5% in the fourth quarter. Carnegie Investment Counsel now owns 2,051 shares of the transportation company’s stock valued at $438,000 after acquiring an additional 51 shares during the last quarter. Finally, Quadrant Capital Group LLC grew its position in Wabtec by 1.3% during the third quarter. Quadrant Capital Group LLC now owns 4,082 shares of the transportation company’s stock valued at $818,000 after acquiring an additional 54 shares during the period. Hedge funds and other institutional investors own 91.69% of the company’s stock.

Analyst Ratings Changes

WAB has been the subject of several research analyst reports. Susquehanna restated a “positive” rating and set a $305.00 price target on shares of Wabtec in a research note on Thursday, April 23rd. Rothschild & Co Redburn raised Wabtec from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $262.00 to $285.00 in a research note on Thursday, March 26th. Morgan Stanley reiterated an “overweight” rating and set a $318.00 target price on shares of Wabtec in a report on Monday, April 27th. Weiss Ratings reissued a “buy (b)” rating on shares of Wabtec in a research report on Monday, April 20th. Finally, Wells Fargo & Company raised their price target on shares of Wabtec from $270.00 to $284.00 and gave the company an “equal weight” rating in a report on Thursday, April 23rd. Ten equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $289.82.

Insider Buying and Selling at Wabtec

In related news, insider Sameer Gaur sold 1,082 shares of the firm’s stock in a transaction on Friday, June 12th. The shares were sold at an average price of $263.50, for a total transaction of $285,107.00. Following the completion of the sale, the insider directly owned 11,985 shares of the company’s stock, valued at approximately $3,158,047.50. This trade represents a 8.28% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Rafael Santana sold 60,852 shares of Wabtec stock in a transaction on Tuesday, April 14th. The stock was sold at an average price of $268.89, for a total transaction of $16,362,494.28. Following the sale, the chief executive officer directly owned 128,729 shares in the company, valued at $34,613,940.81. This trade represents a 32.10% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 65,423 shares of company stock valued at $17,562,278 over the last 90 days. Insiders own 0.57% of the company’s stock.

Wabtec Price Performance

Shares of NYSE WAB opened at $274.49 on Friday. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.02 and a quick ratio of 0.54. Wabtec has a 1-year low of $184.26 and a 1-year high of $278.39. The company has a market capitalization of $46.58 billion, a price-to-earnings ratio of 38.82, a PEG ratio of 1.94 and a beta of 0.94. The business has a 50-day moving average of $264.02 and a 200-day moving average of $245.55.

Wabtec (NYSE:WAB) last released its quarterly earnings results on Wednesday, April 22nd. The transportation company reported $2.71 EPS for the quarter, topping the consensus estimate of $2.62 by $0.09. The firm had revenue of $2.95 billion for the quarter, compared to analyst estimates of $3.08 billion. Wabtec had a return on equity of 14.52% and a net margin of 10.52%.Wabtec’s revenue for the quarter was up 13.0% on a year-over-year basis. During the same period in the previous year, the company posted $2.28 EPS. Wabtec has set its FY 2026 guidance at 10.250-10.650 EPS. On average, equities analysts anticipate that Wabtec will post 10.61 EPS for the current fiscal year.

Wabtec Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Friday, May 22nd were paid a $0.31 dividend. The ex-dividend date was Friday, May 22nd. This represents a $1.24 annualized dividend and a dividend yield of 0.5%. Wabtec’s dividend payout ratio is 17.54%.

About Wabtec

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.