Caprock Group LLC Takes Position in Wabtec $WAB

Caprock Group LLC purchased a new stake in shares of Wabtec (NYSE:WAB) in the 3rd quarter, HoldingsChannel.com reports. The firm purchased 13,494 shares of the transportation company’s stock, valued at approximately $2,611,000.

Other large investors have also added to or reduced their stakes in the company. ING Groep NV boosted its stake in Wabtec by 165.6% in the third quarter. ING Groep NV now owns 59,800 shares of the transportation company’s stock valued at $11,988,000 after acquiring an additional 37,283 shares during the last quarter. Rhumbline Advisers increased its stake in shares of Wabtec by 3.6% during the 3rd quarter. Rhumbline Advisers now owns 330,938 shares of the transportation company’s stock worth $66,343,000 after purchasing an additional 11,469 shares during the last quarter. Krilogy Financial LLC bought a new stake in shares of Wabtec in the 3rd quarter worth approximately $471,000. Wealthfront Advisers LLC lifted its stake in Wabtec by 6.0% in the third quarter. Wealthfront Advisers LLC now owns 26,979 shares of the transportation company’s stock valued at $5,408,000 after purchasing an additional 1,534 shares during the last quarter. Finally, Arista Wealth Management LLC grew its holdings in Wabtec by 40.8% during the third quarter. Arista Wealth Management LLC now owns 7,602 shares of the transportation company’s stock valued at $1,524,000 after purchasing an additional 2,201 shares during the period. Hedge funds and other institutional investors own 91.69% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on WAB shares. KeyCorp upped their price target on Wabtec from $240.00 to $308.00 and gave the company an “overweight” rating in a research report on Thursday. Morgan Stanley upped their price objective on shares of Wabtec from $257.00 to $264.00 and gave the company an “overweight” rating in a report on Monday, January 12th. Wells Fargo & Company lifted their target price on shares of Wabtec from $221.00 to $224.00 and gave the stock an “equal weight” rating in a research note on Wednesday, December 17th. Susquehanna set a $300.00 price target on shares of Wabtec in a research note on Thursday. Finally, Wolfe Research raised shares of Wabtec from a “peer perform” rating to an “outperform” rating and set a $245.00 price objective for the company in a report on Thursday, January 8th. Eight equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $259.30.

Wabtec Price Performance

Shares of NYSE:WAB opened at $254.05 on Friday. The company has a 50 day moving average of $225.53 and a 200 day moving average of $206.78. The company has a current ratio of 1.11, a quick ratio of 0.75 and a debt-to-equity ratio of 0.38. The stock has a market cap of $43.43 billion, a P/E ratio of 37.20, a P/E/G ratio of 1.74 and a beta of 1.01. Wabtec has a 12 month low of $151.81 and a 12 month high of $262.40.

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

Wabtec Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 2nd. Investors of record on Tuesday, February 17th will be given a dividend of $0.31 per share. The ex-dividend date is Tuesday, February 17th. This is a positive change from Wabtec’s previous quarterly dividend of $0.25. This represents a $1.24 annualized dividend and a yield of 0.5%. Wabtec’s dividend payout ratio (DPR) is presently 14.53%.

Wabtec declared that its Board of Directors has initiated a stock repurchase program on Wednesday, February 11th that authorizes the company to repurchase $1.20 billion in shares. This repurchase authorization authorizes the transportation company to purchase up to 2.9% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company’s board believes its shares are undervalued.

Insiders Place Their Bets

In other Wabtec news, VP David L. Deninno sold 5,000 shares of the firm’s stock in a transaction dated Thursday, December 4th. The stock was sold at an average price of $214.62, for a total value of $1,073,100.00. Following the sale, the vice president owned 50,450 shares of the company’s stock, valued at $10,827,579. This trade represents a 9.02% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Rogerio Mendonca sold 2,019 shares of the business’s stock in a transaction dated Thursday, December 4th. The stock was sold at an average price of $214.51, for a total value of $433,095.69. Following the transaction, the insider directly owned 9,516 shares of the company’s stock, valued at $2,041,277.16. The trade was a 17.50% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 15,673 shares of company stock valued at $3,420,576 over the last 90 days. 1.10% of the stock is owned by insiders.

More Wabtec News

Here are the key news stories impacting Wabtec this week:

• Positive Sentiment: Q4 results beat consensus and management issued upbeat FY‑2026 guidance — EPS and revenue topped estimates, adjusted EPS jumped y/y, and management raised FY guidance for both EPS (10.05–10.45) and revenue ($12.2–12.5B), signaling stronger-than-expected demand and margin outlook. Wabtec (NYSE:WAB) Delivers Strong Q4 CY2025 Numbers
• Positive Sentiment: Record backlog and large locomotive contracts support multi-year revenue visibility — backlog hit ~$27B and Wabtec cited major new orders (including ~$2.5B in locomotive deals), underpinning revenue growth and aftermarket services. Wabtec sales increase in fourth quarter as backlog hits record levels
• Positive Sentiment: $1.2 billion share buyback authorized — board approval to repurchase up to ~2.9% of shares can support EPS and signal management confidence in valuation. RTT News – Stock Buybacks
• Positive Sentiment: Acquisition of Dellner Couplers completed (adds safety‑critical passenger-rail tech and global footprint) — strengthens transit portfolio and should accelerate cross-selling in passenger systems. Wabtec Finalizes Acquisition of Dellner Couplers
• Positive Sentiment: Analysts are revising estimates and price targets higher — Stephens raised its price target to $290 (overweight) and other shops boosted forecasts after Q4, which could attract buy-side interest. Benzinga – Analysts Boost Forecasts
• Neutral Sentiment: Rail customer orders in the market (CSX and others) may benefit Wabtec as fleet renewals continue — CSX awarded large locomotive contracts that expand addressable market, but timing and Wabtec’s direct participation vary. Railway Gazette – CSX awards $670m contract
• Negative Sentiment: Insider selling by CEO — Rafael Santana sold ~1,798 shares (~1.49% lower personal holding), a small, disclosed sale that some traders may view negatively despite being modest relative to total holdings. SEC Form 4 – Insider Sale

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.