Wabtec $WAB Stock Sold by Vontobel Holding Ltd.

Vontobel Holding Ltd. trimmed its position in Wabtec (NYSE:WAB) by 30.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 853,158 shares of the transportation company’s stock after selling 374,342 shares during the period. Wabtec makes up approximately 0.9% of Vontobel Holding Ltd.’s holdings, making the stock its 23rd biggest holding. Vontobel Holding Ltd. owned 0.51% of Wabtec worth $245,010,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. BlackRock Inc. bought a new stake in Wabtec in the second quarter valued at approximately $3,741,077,000. State Street Corp boosted its position in shares of Wabtec by 2.1% during the second quarter. State Street Corp now owns 7,905,748 shares of the transportation company’s stock worth $2,131,390,000 after purchasing an additional 164,806 shares in the last quarter. Amundi grew its holdings in shares of Wabtec by 43.9% in the 2nd quarter. Amundi now owns 1,580,919 shares of the transportation company’s stock valued at $426,216,000 after buying an additional 482,323 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of Wabtec by 2.4% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,424,945 shares of the transportation company’s stock valued at $384,165,000 after buying an additional 33,942 shares during the period. Finally, Assenagon Asset Management S.A. grew its holdings in shares of Wabtec by 288.0% in the 1st quarter. Assenagon Asset Management S.A. now owns 851,733 shares of the transportation company’s stock valued at $212,857,000 after buying an additional 632,218 shares during the period. 91.69% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts recently commented on WAB shares. JPMorgan Chase & Co. raised their price objective on Wabtec from $315.00 to $320.00 and gave the stock a “neutral” rating in a research note on Monday, September 21st. Susquehanna increased their price target on Wabtec from $305.00 to $340.00 and gave the stock a “positive” rating in a report on Thursday, July 23rd. Wall Street Zen lowered Wabtec from a “buy” rating to a “hold” rating in a research report on Sunday, August 2nd. Morgan Stanley lifted their price objective on Wabtec from $318.00 to $355.00 and gave the company an “overweight” rating in a report on Thursday, July 23rd. Finally, Weiss Ratings upgraded Wabtec from a “buy (b)” rating to a “buy (b+)” rating in a research report on Thursday, October 8th. Ten analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $313.55.

Key Stories Impacting Wabtec

Here are the key news stories impacting Wabtec this week:

• Positive Sentiment: Major South African rail contract: Wabtec signed a R6.6 billion (approximately $400 million) agreement with Transnet Engineering to improve the performance and reliability of South Africa’s diesel locomotive fleet. The multiyear support work should strengthen Wabtec’s services backlog and reinforce its international rail presence, although the timing of revenue recognition was not disclosed. Wabtec signs R6.6bn agreement to help enhance South African freight loco performance
• Positive Sentiment: Quarterly dividend maintained: Wabtec declared a $0.31-per-share quarterly dividend, payable December 1 to shareholders of record November 17. The dividend signals continued shareholder distributions, though the annualized yield is relatively low at about 0.4%.
• Neutral Sentiment: Third-quarter results approaching: Analysts expect double-digit year-over-year revenue and earnings growth for the quarter ended September 2026. Wabtec’s prior quarter also exceeded consensus estimates, reporting $2.76 in adjusted earnings per share on $3.18 billion of revenue, but the upcoming release could be closely scrutinized because the stock trades at a premium valuation.
• Negative Sentiment: Cost and supply-chain risks could limit an earnings beat: Rising costs and supply-chain disruptions may pressure margins or make it harder for Wabtec to exceed expectations despite projected sales and profit growth. Wabtec Gears Up to Report Q3 Earnings
• Negative Sentiment: Citi trims price target: Citi reduced its Wabtec price target from $341 to $338. While the revised target still implies upside relative to recent trading levels, the cut suggests somewhat less near-term confidence in the shares.

Wabtec Stock Down 0.5%

Shares of WAB stock traded down $1.30 on Friday, hitting $286.46. 664,301 shares of the stock were exchanged, compared to its average volume of 868,616. The company has a current ratio of 1.12, a quick ratio of 0.59 and a debt-to-equity ratio of 0.44. The firm has a market capitalization of $48.39 billion, a P/E ratio of 38.50, a price-to-earnings-growth ratio of 1.94 and a beta of 0.92. Wabtec has a fifty-two week low of $186.06 and a fifty-two week high of $306.64. The business has a 50-day moving average of $288.34 and a 200 day moving average of $275.09.

Wabtec (NYSE:WAB) last announced its earnings results on Wednesday, July 22nd. The transportation company reported $2.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.60 by $0.16. The business had revenue of $3.18 billion for the quarter, compared to analyst estimates of $3.07 billion. Wabtec had a return on equity of 15.10% and a net margin of 10.59%. Wabtec’s revenue for the quarter was up 17.5% compared to the same quarter last year. During the same quarter last year, the firm earned $2.27 EPS. Wabtec has set its FY 2026 guidance at 10.600-10.900 EPS. Equities analysts anticipate that Wabtec will post 10.89 EPS for the current year.

Wabtec Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 1st. Stockholders of record on Tuesday, November 17th will be issued a $0.31 dividend. The ex-dividend date is Tuesday, November 17th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 0.4%. Wabtec’s dividend payout ratio (DPR) is 16.67%.

Insider Buying and Selling

In related news, insider Michael Fetsko sold 3,250 shares of the stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $293.22, for a total transaction of $952,965.00. Following the completion of the transaction, the insider owned 37,380 shares in the company, valued at approximately $10,960,563.60. This represents a 8.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Sameer Gaur sold 1,000 shares of the firm’s stock in a transaction on Friday, July 24th. The shares were sold at an average price of $300.64, for a total transaction of $300,640.00. Following the completion of the transaction, the insider directly owned 10,985 shares of the company’s stock, valued at approximately $3,302,530.40. This trade represents a 8.34% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 17,552 shares of company stock valued at $5,232,911 over the last ninety days. Insiders own 0.57% of the company’s stock.

Wabtec Profile

Wabtec Corporation, also known as Westinghouse Air Brake Technologies Corporation, provides equipment, systems, software and services for the global rail and transit industries. Its offerings support freight railroads, passenger rail operators, transit agencies, mining companies and other transportation customers.

The company manufactures and services locomotives, locomotive engines, braking systems, electronic and control equipment, train components, signaling and communications systems, and digital technologies designed to improve rail safety, efficiency and asset management.