Wabtec $WAB Shares Acquired by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. boosted its holdings in Wabtec (NYSE:WAB) by 1.6% in the third quarter, HoldingsChannel.com reports. The firm owned 336,281 shares of the transportation company’s stock after acquiring an additional 5,197 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Wabtec were worth $67,414,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Vanguard Group Inc. increased its position in Wabtec by 2.5% in the second quarter. Vanguard Group Inc. now owns 19,930,893 shares of the transportation company’s stock worth $4,172,532,000 after buying an additional 493,437 shares during the period. Geode Capital Management LLC boosted its holdings in shares of Wabtec by 0.7% during the second quarter. Geode Capital Management LLC now owns 4,288,014 shares of the transportation company’s stock valued at $893,830,000 after acquiring an additional 30,489 shares during the period. Boston Partners grew its position in shares of Wabtec by 9.0% during the second quarter. Boston Partners now owns 2,261,456 shares of the transportation company’s stock worth $471,410,000 after acquiring an additional 186,248 shares during the last quarter. Nordea Investment Management AB grew its position in shares of Wabtec by 24.0% during the third quarter. Nordea Investment Management AB now owns 1,974,257 shares of the transportation company’s stock worth $393,252,000 after acquiring an additional 381,728 shares during the last quarter. Finally, Norges Bank acquired a new stake in shares of Wabtec in the 2nd quarter worth about $347,194,000. 91.69% of the stock is owned by institutional investors and hedge funds.

Wabtec Stock Performance

WAB opened at $263.91 on Friday. The business has a 50 day moving average price of $235.95 and a two-hundred day moving average price of $212.21. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.11 and a quick ratio of 0.57. The company has a market capitalization of $45.00 billion, a price-to-earnings ratio of 38.64, a price-to-earnings-growth ratio of 1.99 and a beta of 1.01. Wabtec has a 1-year low of $151.81 and a 1-year high of $266.27.

Wabtec (NYSE:WAB) last posted its quarterly earnings data on Wednesday, February 11th. The transportation company reported $2.10 EPS for the quarter, topping analysts’ consensus estimates of $2.08 by $0.02. The company had revenue of $2.97 billion for the quarter, compared to the consensus estimate of $2.86 billion. Wabtec had a return on equity of 14.12% and a net margin of 10.48%.The company’s quarterly revenue was up 14.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.68 EPS. Wabtec has set its FY 2026 guidance at 10.050-10.450 EPS. Research analysts predict that Wabtec will post 8.54 EPS for the current fiscal year.

Wabtec announced that its Board of Directors has approved a stock repurchase plan on Wednesday, February 11th that authorizes the company to buyback $1.20 billion in shares. This buyback authorization authorizes the transportation company to repurchase up to 2.9% of its shares through open market purchases. Shares buyback plans are usually an indication that the company’s leadership believes its stock is undervalued.

Wabtec Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Tuesday, February 17th will be issued a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend is Tuesday, February 17th. This is a positive change from Wabtec’s previous quarterly dividend of $0.25. Wabtec’s dividend payout ratio is currently 18.16%.

Insider Activity at Wabtec

In other news, VP David L. Deninno sold 5,000 shares of Wabtec stock in a transaction that occurred on Thursday, December 4th. The shares were sold at an average price of $214.62, for a total value of $1,073,100.00. Following the transaction, the vice president owned 50,450 shares of the company’s stock, valued at $10,827,579. The trade was a 9.02% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CFO John A. Olin sold 11,000 shares of the stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $263.30, for a total transaction of $2,896,300.00. Following the sale, the chief financial officer directly owned 60,487 shares of the company’s stock, valued at approximately $15,926,227.10. This represents a 15.39% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 40,211 shares of company stock worth $9,885,467. Company insiders own 1.10% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of Wabtec in a research note on Wednesday, January 21st. Citigroup raised their price target on shares of Wabtec from $258.00 to $283.00 and gave the company a “buy” rating in a research note on Thursday, February 12th. Wells Fargo & Company boosted their price objective on Wabtec from $224.00 to $270.00 and gave the stock an “equal weight” rating in a research report on Friday, February 13th. Wolfe Research upgraded Wabtec from a “peer perform” rating to an “outperform” rating and set a $245.00 target price on the stock in a research report on Thursday, January 8th. Finally, Bank of America lifted their target price on Wabtec from $228.00 to $233.00 and gave the company a “buy” rating in a research note on Thursday, November 13th. Eight investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, Wabtec presently has a consensus rating of “Moderate Buy” and a consensus target price of $269.00.

Key Stories Impacting Wabtec

Here are the key news stories impacting Wabtec this week:

• Positive Sentiment: Wabtec and Progress Rail reached a settlement in the antitrust lawsuit, ending a source of regulatory and legal uncertainty. Management and Progress Rail said the settlement is in the best interests of customers and avoids protracted litigation — a removal of overhang that can support the valuation. Business Wire: Settlement
• Positive Sentiment: Recent quarterly results and FY‑2026 guidance remain supportive: Wabtec beat Q4 revenue and EPS estimates and gave FY26 EPS guidance of $10.05–$10.45, reinforcing growth expectations that underlie the stock’s premium multiple. (See company releases summarized in recent coverage.)
• Positive Sentiment: Capital returns: the board authorized a $1.2 billion buyback program and the quarterly dividend was raised (to $0.31 per share). Both actions signal management confidence and can underpin the share price via reduced float and income appeal.
• Neutral Sentiment: Analyst coverage is broadly constructive but mixed on conviction — several firms raised targets (Wells Fargo, Morgan Stanley, Citi) while others trimmed ratings; consensus remains a “Moderate Buy” with an average target near $269, providing upside but also differing views on near-term catalysts.
• Negative Sentiment: Multiple insider sales this week (CFO John Olin, director/executive Nalin Jain, and Sameer Gaur among others) — sizable dispositions at ~ $262–$264 per share — may concern some investors about near-term insider sentiment or tax/liquidity-driven selling. Filings: SEC and reporting outlets detail the transactions. SEC: Sameer Gaur Form 4

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.