Wabtec $WAB Shares Sold by Curated Wealth Partners LLC

Curated Wealth Partners LLC decreased its holdings in shares of Wabtec (NYSE:WAB) by 99.1% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 1,607 shares of the transportation company’s stock after selling 178,211 shares during the period. Curated Wealth Partners LLC’s holdings in Wabtec were worth $461,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Whipplewood Advisors LLC acquired a new position in shares of Wabtec during the first quarter valued at about $25,000. Meeder Asset Management Inc. acquired a new stake in shares of Wabtec in the 2nd quarter worth about $26,000. Bell Investment Advisors Inc bought a new position in Wabtec in the 2nd quarter valued at about $29,000. Fiduciary Financial Advisors bought a new position in Wabtec in the 2nd quarter valued at about $29,000. Finally, Reflection Asset Management bought a new position in Wabtec in the 4th quarter valued at about $35,000. Institutional investors and hedge funds own 91.69% of the company’s stock.

Analysts Set New Price Targets

WAB has been the subject of a number of analyst reports. Morgan Stanley lifted their price target on Wabtec from $318.00 to $355.00 and gave the company an “overweight” rating in a research note on Thursday, July 23rd. Weiss Ratings upgraded Wabtec from a “buy (b)” rating to a “buy (b+)” rating in a report on Thursday, October 8th. Susquehanna lifted their target price on Wabtec from $305.00 to $340.00 and gave the company a “positive” rating in a research report on Thursday, July 23rd. Citigroup cut their target price on Wabtec from $341.00 to $338.00 and set a “buy” rating on the stock in a research report on Thursday, October 8th. Finally, Wall Street Zen downgraded Wabtec from a “buy” rating to a “hold” rating in a report on Sunday, August 2nd. Ten research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $313.55.

Insider Buying and Selling

In other Wabtec news, EVP Gregory Sbrocco sold 952 shares of Wabtec stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $300.00, for a total transaction of $285,600.00. Following the transaction, the executive vice president directly owned 21,043 shares of the company’s stock, valued at approximately $6,312,900. This trade represents a 4.33% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Eric Gebhardt sold 7,100 shares of Wabtec stock in a transaction on Friday, July 24th. The stock was sold at an average price of $299.27, for a total transaction of $2,124,817.00. Following the completion of the transaction, the chief technology officer owned 19,153 shares in the company, valued at approximately $5,731,918.31. The trade was a 27.04% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 17,552 shares of company stock worth $5,232,911 over the last ninety days. Corporate insiders own 0.57% of the company’s stock.

Wabtec Stock Performance

Shares of WAB opened at $286.46 on Friday. Wabtec has a 52-week low of $186.06 and a 52-week high of $306.64. The stock’s 50-day simple moving average is $288.34 and its 200 day simple moving average is $275.09. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.59 and a current ratio of 1.12. The stock has a market capitalization of $48.39 billion, a price-to-earnings ratio of 38.50, a price-to-earnings-growth ratio of 1.94 and a beta of 0.92.

Wabtec (NYSE:WAB) last posted its earnings results on Wednesday, July 22nd. The transportation company reported $2.76 earnings per share for the quarter, beating analysts’ consensus estimates of $2.60 by $0.16. The business had revenue of $3.18 billion during 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%. The company’s quarterly revenue was up 17.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.27 EPS. Wabtec has set its FY 2026 guidance at 10.600-10.900 EPS. Research analysts forecast that Wabtec will post 10.89 EPS for the current fiscal year.

Wabtec Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 1st. Investors of record on Tuesday, November 17th 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, November 17th. Wabtec’s dividend payout ratio (DPR) is currently 16.67%.

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 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.