Weiss Asset Management LP Buys New Position in Wabtec $WAB

Weiss Asset Management LP purchased a new position in shares of Wabtec (NYSE:WAB) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 10,710 shares of the transportation company’s stock, valued at approximately $2,677,000.

Other large investors also recently bought and sold shares of the company. Guggenheim Capital LLC boosted its stake in shares of Wabtec by 7.4% in the second quarter. Guggenheim Capital LLC now owns 4,938 shares of the transportation company’s stock valued at $1,034,000 after purchasing an additional 342 shares during the period. Bank of Nova Scotia increased its stake in Wabtec by 0.5% during the 2nd quarter. Bank of Nova Scotia now owns 17,890 shares of the transportation company’s stock worth $3,745,000 after buying an additional 97 shares during the period. Nebula Research & Development LLC increased its stake in Wabtec by 208.7% during the 2nd quarter. Nebula Research & Development LLC now owns 5,386 shares of the transportation company’s stock worth $1,128,000 after buying an additional 3,641 shares during the period. Treasurer of the State of North Carolina increased its stake in Wabtec by 11.6% during the 2nd quarter. Treasurer of the State of North Carolina now owns 92,097 shares of the transportation company’s stock worth $19,281,000 after buying an additional 9,545 shares during the period. Finally, Ieq Capital LLC lifted its holdings in Wabtec by 19.2% in the 2nd quarter. Ieq Capital LLC now owns 30,352 shares of the transportation company’s stock worth $6,354,000 after buying an additional 4,889 shares in the last quarter. Institutional investors and hedge funds own 91.69% of the company’s stock.

Wabtec Stock Down 0.1%

NYSE:WAB opened at $302.22 on Monday. The company has a market capitalization of $51.05 billion, a price-to-earnings ratio of 40.62, a price-to-earnings-growth ratio of 2.05 and a beta of 0.94. Wabtec has a one year low of $184.26 and a one year high of $302.96. The stock has a 50-day simple moving average of $265.80 and a 200 day simple moving average of $255.43. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.59 and a current ratio of 1.12.

Wabtec (NYSE:WAB) last announced its quarterly earnings data on Wednesday, July 22nd. The transportation company reported $2.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.60 by $0.16. The firm had revenue of $3.18 billion for the quarter, compared to analysts’ expectations of $3.07 billion. Wabtec had a return on equity of 15.10% and a net margin of 10.59%.The firm’s revenue for the quarter was up 17.5% on a year-over-year basis. During the same period last year, the business posted $2.27 earnings per share. Wabtec has set its FY 2026 guidance at 10.600-10.900 EPS. Sell-side analysts predict that Wabtec will post 10.86 EPS for the current fiscal year.

Wabtec Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Tuesday, August 18th will be issued a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend is Tuesday, August 18th. Wabtec’s dividend payout ratio is 16.67%.

Key Wabtec News

Here are the key news stories impacting Wabtec this week:

• Positive Sentiment: Wabtec beat Q2 expectations with EPS of $2.76 on revenue of $3.18 billion, and management lifted FY2026 guidance to $10.60-$10.90 in adjusted EPS, reinforcing the company’s earnings momentum. Wabtec Shares Rise After 2Q Earnings Beat Estimates
• Positive Sentiment: Analysts turned more constructive after results, with JPMorgan, Wells Fargo, Stephens, KeyCorp, and Susquehanna all raising price targets, while several firms reiterated overweight/positive views. These Analysts Raise Their Forecasts On Wabtec After Upbeat Q2 Results
• Positive Sentiment: Multiple technical commentary pieces pointed to bullish momentum, including a golden cross signal and a move above the 50-day moving average, which can attract momentum investors. Westinghouse Air Brake Technologies (WAB) Just Flashed Golden Cross Signal: Do You Buy?
• Positive Sentiment: Wabtec also announced a reported $1 billion deal with an Australian company during earnings, adding to optimism around future growth opportunities. Wabtec CEO unveils $1B deal with Australian company during earnings
• Neutral Sentiment: Commentary highlighted Wabtec as a strong momentum stock and noted a new 52-week high, but these were largely follow-up pieces reflecting the post-earnings rally rather than new fundamental catalysts. Westinghouse Air Brake Technologies (WAB) is a Great Momentum Stock: Should You Buy?

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on WAB shares. Wells Fargo & Company upped their price objective on shares of Wabtec from $284.00 to $315.00 and gave the company an “equal weight” rating in a research report on Thursday. JPMorgan Chase & Co. lifted their target price on Wabtec from $300.00 to $315.00 and gave the stock a “neutral” rating in a research report on Thursday. Stephens boosted their price target on Wabtec from $320.00 to $330.00 and gave the stock an “overweight” rating in a research note on Thursday. Jefferies Financial Group reissued a “buy” rating and issued a $290.00 price target (down from $300.00) on shares of Wabtec in a report on Tuesday, March 31st. Finally, Morgan Stanley raised their price objective on Wabtec from $318.00 to $355.00 and gave the company an “overweight” rating in a research note on Thursday. Ten analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, Wabtec has a consensus rating of “Moderate Buy” and an average target price of $310.64.

Insider Transactions at Wabtec

In other news, insider Sameer Gaur sold 1,082 shares of the firm’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $263.50, for a total value of $285,107.00. Following the transaction, the insider directly owned 11,985 shares in the company, valued at approximately $3,158,047.50. This trade represents a 8.28% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Rafael Santana sold 1,163 shares of Wabtec stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $261.06, for a total transaction of $303,612.78. Following the completion of the transaction, the chief executive officer directly owned 124,077 shares of the company’s stock, valued at $32,391,541.62. This trade represents a 0.93% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 5,734 shares of company stock worth $1,504,571. Insiders own 0.57% of the company’s stock.

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.