Wabtec $WAB Stock: Vontobel Holding Ltd. Decreases Stake

Vontobel Holding Ltd. decreased its stake in shares of Wabtec (NYSE:WAB) by 30.5% during the 3rd quarter, Holdings Channel reports. The firm owned 853,158 shares of the transportation company’s stock after selling 374,342 shares during the period. Wabtec comprises about 0.9% of Vontobel Holding Ltd.’s investment portfolio, making the stock its 23rd biggest position. Vontobel Holding Ltd.’s holdings in Wabtec were worth $245,010,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in WAB. BlackRock Inc. acquired a new stake in shares of Wabtec in the 2nd quarter valued at approximately $3,741,077,000. State Street Corp grew its stake in shares of Wabtec by 2.1% in the second quarter. State Street Corp now owns 7,905,748 shares of the transportation company’s stock valued at $2,131,390,000 after buying an additional 164,806 shares in the last quarter. Amundi grew its stake in shares of Wabtec by 43.9% in the second 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 in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in Wabtec by 2.4% during the second 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 worth $384,165,000 after buying an additional 33,942 shares during the last quarter. Finally, Assenagon Asset Management S.A. increased its holdings in Wabtec by 288.0% during the first quarter. Assenagon Asset Management S.A. now owns 851,733 shares of the transportation company’s stock worth $212,857,000 after buying an additional 632,218 shares during the last quarter. Institutional investors own 91.69% of the company’s stock.

Analysts Set New Price Targets

Several analysts have issued reports on the stock. Citigroup dropped their price target on shares of Wabtec from $341.00 to $338.00 and set a “buy” rating on the stock in a research report on Thursday, October 8th. Wells Fargo & Company lifted 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, July 23rd. Weiss Ratings raised shares of Wabtec from a “buy (b)” rating to a “buy (b+)” rating in a research report on Thursday, October 8th. Morgan Stanley boosted their price objective on shares of Wabtec from $318.00 to $355.00 and gave the stock an “overweight” rating in a research note on Thursday, July 23rd. Finally, Stephens upped their target price on shares of Wabtec from $320.00 to $330.00 and gave the company an “overweight” rating in a report on Thursday, July 23rd. Ten analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $313.55.

Wabtec Stock Performance

Shares of NYSE WAB traded down $1.30 during midday trading on Friday, hitting $286.46. 664,301 shares of the company’s stock were exchanged, compared to its average volume of 868,616. The company has a quick ratio of 0.59, a current ratio of 1.12 and a debt-to-equity ratio of 0.44. The firm has a market capitalization of $48.39 billion, a PE ratio of 38.50, a price-to-earnings-growth ratio of 1.94 and a beta of 0.92. Wabtec has a 12 month low of $186.06 and a 12 month high of $306.64. The company’s 50 day moving average price is $288.34 and its 200 day moving average price is $275.09.

Wabtec (NYSE:WAB) last posted its quarterly 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. Wabtec had a return on equity of 15.10% and a net margin of 10.59%. The business had revenue of $3.18 billion for the quarter, compared to analysts’ expectations of $3.07 billion. During the same quarter in the prior year, the business earned $2.27 EPS. The firm’s revenue for the quarter was up 17.5% on a year-over-year basis. Wabtec has set its FY 2026 guidance at 10.600-10.900 EPS. As a group, analysts predict that Wabtec will post 10.89 earnings per share for the current fiscal year.

Wabtec Announces Dividend

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

Insider Transactions at Wabtec

In related news, VP David Deninno sold 3,000 shares of the company’s stock in a transaction dated Friday, July 24th. The shares were sold at an average price of $301.31, for a total value of $903,930.00. Following the transaction, the vice president owned 55,128 shares in the company, valued at approximately $16,610,617.68. This represents a 5.16% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CTO Eric Gebhardt sold 7,100 shares of the firm’s stock in a transaction that occurred 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 sale, the chief technology officer owned 19,153 shares of the company’s stock, valued at $5,731,918.31. This trade represents a 27.04% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 17,552 shares of company stock valued at $5,232,911. Corporate insiders own 0.57% of the company’s stock.

More Wabtec News

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 Company 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.