Wabtec $WAB Shares Bought by Handelsbanken Fonder AB

Handelsbanken Fonder AB raised its position in shares of Wabtec (NYSE:WAB) by 50.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 104,799 shares of the transportation company’s stock after buying an additional 35,327 shares during the period. Handelsbanken Fonder AB owned about 0.06% of Wabtec worth $21,009,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently bought and sold shares of WAB. Colonial Trust Advisors increased its stake in Wabtec by 454.5% during the second quarter. Colonial Trust Advisors now owns 122 shares of the transportation company’s stock worth $26,000 after purchasing an additional 100 shares during the period. Piscataqua Savings Bank increased its stake in Wabtec by 12,800.0% during the 3rd quarter. Piscataqua Savings Bank now owns 129 shares of the transportation company’s stock worth $26,000 after buying an additional 128 shares during the period. Motco lifted its holdings in Wabtec by 6,600.0% during the 3rd quarter. Motco now owns 134 shares of the transportation company’s stock worth $27,000 after buying an additional 132 shares in the last quarter. Salomon & Ludwin LLC lifted its holdings in Wabtec by 370.6% during the 3rd quarter. Salomon & Ludwin LLC now owns 160 shares of the transportation company’s stock worth $32,000 after buying an additional 126 shares in the last quarter. Finally, North Capital Inc. boosted its position in Wabtec by 18,900.0% in the 3rd quarter. North Capital Inc. now owns 190 shares of the transportation company’s stock valued at $38,000 after buying an additional 189 shares during the period. Institutional investors and hedge funds own 91.69% of the company’s stock.

Wabtec News Roundup

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

Analyst Ratings Changes

A number of research firms have recently weighed in on WAB. Wolfe Research raised Wabtec from a “peer perform” rating to an “outperform” rating and set a $245.00 price objective on the stock in a research report on Thursday, January 8th. Wall Street Zen cut Wabtec from a “buy” rating to a “hold” rating in a research note on Sunday, February 22nd. Wells Fargo & Company upped their price target on Wabtec from $224.00 to $270.00 and gave the stock an “equal weight” rating in a report on Friday, February 13th. Morgan Stanley reaffirmed an “overweight” rating and issued a $315.00 price target on shares of Wabtec in a research report on Tuesday, February 17th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Wabtec in a research note on Wednesday, January 21st. Eight investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $269.00.

Insider Transactions at Wabtec

In other Wabtec news, insider Sameer Gaur sold 1,150 shares of the firm’s stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $262.62, for a total transaction of $302,013.00. Following the transaction, the insider owned 12,017 shares of the company’s stock, valued at approximately $3,155,904.54. This trade represents a 8.73% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Gregory Sbrocco sold 952 shares of the business’s stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $258.43, for a total value of $246,025.36. Following the completion of the sale, the executive vice president directly owned 21,159 shares of the company’s stock, valued at $5,468,120.37. The trade was a 4.31% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 40,211 shares of company stock valued at $9,885,467 over the last quarter. 1.10% of the stock is owned by corporate insiders.

Wabtec Price Performance

Shares of NYSE WAB opened at $263.91 on Friday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.57 and a current ratio of 1.11. Wabtec has a fifty-two week low of $151.81 and a fifty-two week high of $266.27. The firm has a market capitalization of $45.00 billion, a PE ratio of 38.64, a price-to-earnings-growth ratio of 1.99 and a beta of 1.01. The stock’s 50-day simple moving average is $235.95 and its 200-day simple moving average is $212.35.

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

Wabtec Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Investors of record on Tuesday, February 17th will be paid a dividend of $0.31 per share. The ex-dividend date is Tuesday, February 17th. This represents a $1.24 annualized dividend and a yield of 0.5%. This is an increase from Wabtec’s previous quarterly dividend of $0.25. Wabtec’s dividend payout ratio (DPR) is 18.16%.

Wabtec declared that its Board of Directors has initiated a share repurchase program on Wednesday, February 11th that allows the company to buyback $1.20 billion in outstanding shares. This buyback authorization allows the transportation company to purchase up to 2.9% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s management believes its stock is undervalued.

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.