Value Holdings Management CO. LLC Has $61.17 Million Stake in Wabtec $WAB

Value Holdings Management CO. LLC lessened its position in Wabtec (NYSE:WAB) by 1.7% during the second quarter, Holdings Channel reports. The institutional investor owned 226,902 shares of the transportation company’s stock after selling 4,000 shares during the quarter. Wabtec comprises approximately 10.2% of Value Holdings Management CO. LLC’s portfolio, making the stock its 2nd largest holding. Value Holdings Management CO. LLC’s holdings in Wabtec were worth $61,173,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the company. Welch & Forbes LLC grew its stake in shares of Wabtec by 1.8% during the 2nd quarter. Welch & Forbes LLC now owns 2,050 shares of the transportation company’s stock worth $553,000 after acquiring an additional 36 shares in the last quarter. Meeder Advisory Services Inc. lifted its position in shares of Wabtec by 1.6% in the first quarter. Meeder Advisory Services Inc. now owns 2,471 shares of the transportation company’s stock worth $618,000 after purchasing an additional 38 shares in the last quarter. Hilltop Holdings Inc. lifted its position in shares of Wabtec by 3.9% in the fourth quarter. Hilltop Holdings Inc. now owns 1,069 shares of the transportation company’s stock worth $228,000 after purchasing an additional 40 shares in the last quarter. Apollon Wealth Management LLC increased its stake in Wabtec by 1.6% in the 1st quarter. Apollon Wealth Management LLC now owns 3,081 shares of the transportation company’s stock valued at $770,000 after buying an additional 48 shares during the last quarter. Finally, IHT Wealth Management LLC lifted its position in Wabtec by 1.0% during the 4th quarter. IHT Wealth Management LLC now owns 4,856 shares of the transportation company’s stock worth $1,037,000 after buying an additional 50 shares in the last quarter. Institutional investors and hedge funds own 91.69% of the company’s stock.

Wabtec Stock Up 0.1%

WAB opened at $292.62 on Friday. The stock’s fifty day simple moving average is $279.54 and its 200 day simple moving average is $264.56. Wabtec has a 1-year low of $184.26 and a 1-year high of $306.64. The stock has a market cap of $49.43 billion, a PE ratio of 39.33, a price-to-earnings-growth ratio of 1.98 and a beta of 0.93. The company has a current ratio of 1.12, a quick ratio of 0.59 and a debt-to-equity ratio of 0.44.

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

Wabtec Dividend Announcement

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

Insider Buying and Selling at Wabtec

In related news, CTO Eric Gebhardt sold 7,100 shares of Wabtec 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 completion of the sale, the chief technology officer directly owned 19,153 shares of the company’s stock, valued at approximately $5,731,918.31. This trade represents a 27.04% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Rafael Santana sold 1,163 shares of the company’s stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $299.04, for a total value of $347,783.52. Following the completion of the transaction, the chief executive officer directly owned 120,588 shares in the company, valued at approximately $36,060,635.52. This represents a 0.96% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 17,786 shares of company stock worth $5,160,577 in the last ninety days. Insiders own 0.57% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the company. Citigroup raised their price objective on Wabtec from $311.00 to $341.00 and gave the company a “buy” rating in a report on Thursday, August 13th. KeyCorp upped their target price on Wabtec from $308.00 to $340.00 and gave the stock an “overweight” rating in a report on Thursday, July 23rd. Wells Fargo & Company increased their price target on 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 restated a “buy (b)” rating on shares of Wabtec in a research note on Friday, July 17th. Finally, Susquehanna boosted their price target on Wabtec from $305.00 to $340.00 and gave the stock a “positive” rating in a research report on Thursday, July 23rd. Ten research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $313.36.

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.