Sowell Financial Services LLC Makes New $2 Million Investment in Wabtec $WAB

Sowell Financial Services LLC bought a new stake in shares of Wabtec (NYSE:WAB) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 6,956 shares of the transportation company’s stock, valued at approximately $1,998,000.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Meeder Asset Management Inc. purchased a new stake in Wabtec in the second quarter worth about $26,000. Whipplewood Advisors LLC bought a new position in shares of Wabtec in the first quarter worth about $25,000. Bell Investment Advisors Inc purchased a new position in shares of Wabtec during the 2nd quarter valued at about $29,000. Fiduciary Financial Advisors purchased a new position in shares of Wabtec during the 2nd quarter valued at about $29,000. Finally, Eastern Bank lifted its position in shares of Wabtec by 103.8% during the 3rd quarter. Eastern Bank now owns 163 shares of the transportation company’s stock valued at $47,000 after buying an additional 83 shares in the last quarter. 91.69% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CEO Rafael Santana sold 1,163 shares of the firm’s stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $299.04, for a total transaction of $347,783.52. Following the completion of the transaction, the chief executive officer directly owned 120,588 shares of the company’s stock, valued at approximately $36,060,635.52. This trade represents a 0.96% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Gregory Sbrocco sold 952 shares of the firm’s stock in a transaction 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 $6,312,900. The trade was a 4.33% 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. Over the last quarter, insiders sold 6,452 shares of company stock worth $1,903,524. 0.57% of the stock is owned by insiders.

Wabtec Trading Down 4.7%

WAB stock opened at $275.31 on Friday. Wabtec has a 1-year low of $193.86 and a 1-year high of $306.64. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.10 and a quick ratio of 0.59. The company has a market capitalization of $46.50 billion, a price-to-earnings ratio of 37.00, a PEG ratio of 1.95 and a beta of 0.92. The business has a 50 day simple moving average of $287.31 and a two-hundred day simple moving average of $276.20.

Wabtec (NYSE:WAB) last announced its quarterly earnings data on Wednesday, October 21st. The transportation company reported $2.83 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.73 by $0.10. The business had revenue of $3.12 billion during the quarter, compared to analyst estimates of $3.20 billion. Wabtec had a net margin of 11.20% and a return on equity of 15.72%. The company’s revenue was up 8.1% on a year-over-year basis. During the same period last year, the firm posted $2.32 EPS. Research analysts anticipate that Wabtec will post 10.89 EPS for the current fiscal year.

Wabtec Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 1st. Investors of record on Tuesday, November 17th will be given a dividend of $0.31 per share. The ex-dividend date is Tuesday, November 17th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 0.5%. Wabtec’s dividend payout ratio is currently 16.67%.

Key Stories Impacting Wabtec

Here are the key news stories impacting Wabtec this week:

• Positive Sentiment: Raised earnings outlook: Wabtec increased and tightened its 2026 adjusted EPS guidance to $10.85–$11.05, reflecting stronger expected profitability and margin gains from its “Integration 3.0” initiatives. Wabtec lifts 2026 adjusted EPS outlook
• Positive Sentiment: Strong quarterly profitability: Third-quarter adjusted EPS was $2.83, above the $2.73 consensus estimate and up from $2.32 a year earlier. Adjusted operating margin expanded 1.9 percentage points to 22.9%, while GAAP EPS rose 33.7% to $2.42. Wabtec posts Q3 results and increases guidance
• Positive Sentiment: Robust demand visibility: Revenue grew 8.1% year over year to $3.12 billion, supported by growth in both Freight and Transit, while the multi-year backlog exceeded $31 billion, up 22.9%. This strengthens the company’s longer-term revenue outlook. Wabtec long-term investor takeaways
• Positive Sentiment: Analyst support remains favorable: Stephens raised its price target from $330 to $340 and assigned an “overweight” rating. Citigroup maintained a “buy” rating while trimming its target modestly from $338 to $334; both targets imply meaningful upside from recent trading levels.
• Negative Sentiment: Revenue miss triggered selling: Quarterly revenue of $3.12 billion came in below the $3.20 billion consensus estimate. The shortfall overshadowed the EPS beat for some investors, particularly with Wabtec trading at a premium valuation, and has contributed to the stock’s recent weakness. Wabtec stock falls on revenue miss

Wall Street Analyst Weigh In

WAB has been the subject of a number of recent research reports. KeyCorp boosted their price objective on Wabtec from $308.00 to $340.00 and gave the company an “overweight” rating in a research note on Thursday, July 23rd. Weiss Ratings upgraded shares of Wabtec from a “buy (b)” rating to a “buy (b+)” rating in a research note on Thursday, October 8th. Wells Fargo & Company lifted their price target on shares of Wabtec from $284.00 to $315.00 and gave the company an “equal weight” rating in a report on Thursday, July 23rd. Susquehanna lifted their price target on shares of Wabtec from $305.00 to $340.00 and gave the company a “positive” rating in a report on Thursday, July 23rd. Finally, Stephens upped their price target on shares of Wabtec from $330.00 to $340.00 and gave the stock an “overweight” rating in a research report on Wednesday. Ten research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, Wabtec has a consensus rating of “Moderate Buy” and a consensus price target of $320.18.

Wabtec Profile

Westinghouse Air Brake Technologies Corporation, doing business as Wabtec (NYSE: WAB), is a global provider of equipment, systems, digital solutions and services for the freight and passenger rail industries. The company develops technologies intended to improve the safety, efficiency, reliability and sustainability of rail transportation.

Wabtec’s products and services include locomotives, locomotive components and modernization programs, braking systems, train control and signaling equipment, power and propulsion systems, and advanced digital solutions.