Wabtec $WAB Shares Acquired by ING Groep NV

ING Groep NV boosted its holdings in Wabtec (NYSE:WAB) by 165.6% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 59,800 shares of the transportation company’s stock after purchasing an additional 37,283 shares during the quarter. ING Groep NV’s holdings in Wabtec were worth $11,988,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Parkside Financial Bank & Trust lifted its position in shares of Wabtec by 7.3% during the 2nd quarter. Parkside Financial Bank & Trust now owns 797 shares of the transportation company’s stock worth $167,000 after buying an additional 54 shares during the last quarter. CVA Family Office LLC lifted its position in Wabtec by 7.9% in the second quarter. CVA Family Office LLC now owns 748 shares of the transportation company’s stock valued at $157,000 after acquiring an additional 55 shares during the last quarter. Premier Path Wealth Partners LLC boosted its stake in Wabtec by 3.5% in the second quarter. Premier Path Wealth Partners LLC now owns 1,623 shares of the transportation company’s stock valued at $340,000 after acquiring an additional 55 shares in the last quarter. Wedmont Private Capital boosted its stake in Wabtec by 2.6% in the third quarter. Wedmont Private Capital now owns 2,246 shares of the transportation company’s stock valued at $444,000 after acquiring an additional 56 shares in the last quarter. Finally, OFI Invest Asset Management grew its holdings in shares of Wabtec by 10.0% during the third quarter. OFI Invest Asset Management now owns 625 shares of the transportation company’s stock worth $125,000 after purchasing an additional 57 shares during the last quarter. Institutional investors and hedge funds own 91.69% of the company’s stock.

Wabtec Stock Performance

Shares of WAB opened at $254.29 on Thursday. The stock has a market capitalization of $43.47 billion, a P/E ratio of 36.96, a P/E/G ratio of 1.68 and a beta of 1.01. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.75 and a current ratio of 1.42. Wabtec has a 1 year low of $151.81 and a 1 year high of $260.59. The company’s fifty day moving average is $224.73 and its two-hundred day moving average is $206.45.

Wabtec (NYSE:WAB) last issued its earnings results on Wednesday, February 11th. The transportation company reported $2.10 earnings per share for the quarter, beating the consensus estimate of $2.08 by $0.02. Wabtec had a net margin of 10.94% and a return on equity of 13.84%. The business had revenue of $2.97 billion for the quarter, compared to the consensus estimate of $2.86 billion. The business’s quarterly revenue was up 14.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.68 earnings per share. Wabtec has set its FY 2026 guidance at 10.050-10.450 EPS. On average, sell-side analysts predict that Wabtec will post 8.54 earnings per share for the current year.

Wabtec announced that its board has approved a share repurchase program on Wednesday, February 11th that authorizes the company to buyback $1.20 billion in outstanding shares. This buyback authorization authorizes the transportation company to reacquire up to 2.9% of its shares through open market purchases. Shares buyback programs are typically an indication that the company’s management believes its shares are undervalued.

Wabtec Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Tuesday, February 17th will be paid a dividend of $0.31 per share. This is a positive change from Wabtec’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend is Tuesday, February 17th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 0.5%. Wabtec’s dividend payout ratio (DPR) is currently 18.02%.

Trending Headlines about Wabtec

Here are the key news stories impacting Wabtec this week:

• Positive Sentiment: Q4 beat, strong backlog and raised outlook — Wabtec reported Q4 EPS and revenue above estimates, reported a record ~$27B backlog and issued FY2026 guidance with higher revenue targets, supporting growth and forward visibility. Wabtec Q4 Earnings & Revenues Beat Estimates, Both Increase Y/Y
• Positive Sentiment: $1.2B buyback authorized — The board approved repurchases up to $1.2 billion (about 2.9% of shares), which supports EPS and signals management confidence in valuation. RTT News
• Positive Sentiment: Completed Dellner Couplers acquisition — Wabtec closed the Dellner Couplers deal, adding safety-critical transit coupler technology to its passenger-rail portfolio and expanding global footprint. This supports product scope and cross-sell opportunities. Wabtec Finalizes Acquisition of Dellner Couplers
• Positive Sentiment: Large contract awards boost near-term revenue — Recent locomotive and modernization orders (including multi-hundred-million-dollar deals with CSX and larger $2.5B train orders) add meaningful, bookable revenue and help explain backlog growth. CSX Orders 150 Locomotives in Major Deal
• Neutral Sentiment: Short interest fell in January — Short interest decreased ~13.9%, reducing one source of downward pressure and potentially amplifying upward moves if momentum continues.
• Neutral Sentiment: Dividend/1-year high note — The stock recently hit a 1-year high after a dividend announcement, reflecting investor appetite for yield plus growth. Wabtec Sets New 1-Year High After Dividend Announcement
• Negative Sentiment: EPS guidance slightly mixed — FY2026 EPS guidance range (10.05–10.45) sits around consensus but the low end is marginally below some forecasts, which could temper expectations if execution lags. Wabtec Delivers Strong Fourth Quarter 2025 Results; Announces 2026 Full-Year Guidance
• Negative Sentiment: Acquisition and integration risk / cash use — The Dellner purchase (~$960M) and M&A-driven revenue lift increase execution and integration risk and will use capital; investors should watch margins and cash conversion. Wabtec completes $960M acquisition, adds facilities in 13 countries

Insiders Place Their Bets

In other news, insider Michael Fetsko sold 5,058 shares of the firm’s stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $215.72, for a total value of $1,091,111.76. Following the completion of the sale, the insider directly owned 36,882 shares of the company’s stock, valued at $7,956,185.04. This trade represents a 12.06% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Rogerio Mendonca sold 2,019 shares of the company’s stock in a transaction on 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 in the company, valued at $2,041,277.16. This represents a 17.50% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 13,875 shares of company stock valued at $2,978,789 over the last 90 days. 1.10% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on WAB shares. Wells Fargo & Company upped their target price on Wabtec from $221.00 to $224.00 and gave the company an “equal weight” rating in a research report on Wednesday, December 17th. Wolfe Research upgraded Wabtec from a “peer perform” rating to an “outperform” rating and set a $245.00 price objective for the company in a research note on Thursday, January 8th. Citigroup raised their target price on shares of Wabtec from $245.00 to $258.00 and gave the stock a “buy” rating in a research report on Friday, January 9th. Susquehanna upped their price target on shares of Wabtec from $240.00 to $280.00 and gave the company a “positive” rating in a research report on Monday, January 26th. Finally, JPMorgan Chase & Co. increased their price target on shares of Wabtec from $215.00 to $245.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 14th. Eight analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $241.00.

Wabtec 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.