Rhumbline Advisers Buys 11,469 Shares of Wabtec $WAB

Rhumbline Advisers raised its position in shares of Wabtec (NYSE:WAB) by 3.6% during the third quarter, HoldingsChannel reports. The firm owned 330,938 shares of the transportation company’s stock after purchasing an additional 11,469 shares during the period. Rhumbline Advisers’ holdings in Wabtec were worth $66,343,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Colonial Trust Advisors increased its position in shares of Wabtec by 454.5% during the 2nd quarter. Colonial Trust Advisors now owns 122 shares of the transportation company’s stock valued at $26,000 after purchasing an additional 100 shares during the last quarter. Piscataqua Savings Bank boosted its stake in Wabtec by 12,800.0% in the third quarter. Piscataqua Savings Bank now owns 129 shares of the transportation company’s stock worth $26,000 after buying an additional 128 shares in the last quarter. Motco boosted its stake in Wabtec by 6,600.0% in the third 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 grew its position in Wabtec by 370.6% during the third quarter. Salomon & Ludwin LLC now owns 160 shares of the transportation company’s stock valued at $32,000 after acquiring an additional 126 shares during the last quarter. Finally, North Capital Inc. raised its stake in shares of Wabtec by 18,900.0% during the third quarter. North Capital Inc. now owns 190 shares of the transportation company’s stock worth $38,000 after acquiring an additional 189 shares in the last quarter. 91.69% of the stock is currently owned by hedge funds and other institutional investors.

Wabtec News Roundup

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

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the stock. Citigroup boosted their price objective on shares of Wabtec from $258.00 to $283.00 and gave the stock a “buy” rating in a report on Thursday. Bank of America boosted their price target on shares of Wabtec from $228.00 to $233.00 and gave the stock a “buy” rating in a research note on Thursday, November 13th. JPMorgan Chase & Co. raised their price objective on Wabtec from $215.00 to $245.00 and gave the company a “neutral” rating in a research note on Wednesday, January 14th. Wells Fargo & Company lifted their price objective on Wabtec from $221.00 to $224.00 and gave the stock an “equal weight” rating in a report on Wednesday, December 17th. Finally, Stephens increased their target price on Wabtec from $230.00 to $290.00 and gave the company an “overweight” rating in a report on Thursday. Eight analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, Wabtec currently has an average rating of “Moderate Buy” and an average price target of $259.30.

Wabtec Price Performance

WAB opened at $254.05 on Friday. The stock has a market capitalization of $43.43 billion, a PE ratio of 37.20, a price-to-earnings-growth ratio of 1.74 and a beta of 1.01. The stock’s 50 day moving average price is $225.53 and its 200-day moving average price is $206.78. Wabtec has a 52-week low of $151.81 and a 52-week high of $262.40. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.75 and a current ratio of 1.11.

Wabtec (NYSE:WAB) last issued its quarterly earnings data 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 net margin of 10.48% and a return on equity of 14.12%. The business had revenue of $2.97 billion for the quarter, compared to the consensus estimate of $2.86 billion. During the same period in the previous year, the firm earned $1.68 EPS. The company’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. On average, equities research analysts predict that Wabtec will post 8.54 EPS for the current 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 $0.31 dividend. The ex-dividend date of this dividend is Tuesday, February 17th. This is an increase from Wabtec’s previous quarterly dividend of $0.25. This represents a $1.24 dividend on an annualized basis and a yield of 0.5%. Wabtec’s payout ratio is currently 14.53%.

Wabtec announced that its board has authorized a share buyback program on Wednesday, February 11th that allows the company to repurchase $1.20 billion in outstanding shares. This repurchase authorization allows the transportation company to repurchase up to 2.9% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company’s board of directors believes its shares are undervalued.

Insider Activity at Wabtec

In other Wabtec news, VP David L. Deninno sold 5,000 shares of Wabtec stock in a transaction that occurred on Thursday, December 4th. The stock was sold at an average price of $214.62, for a total transaction of $1,073,100.00. Following the sale, the vice president directly owned 50,450 shares of the company’s stock, valued at approximately $10,827,579. The trade was a 9.02% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Michael Fetsko sold 5,058 shares of the 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 transaction, the insider directly owned 36,882 shares of the company’s stock, valued at $7,956,185.04. This represents a 12.06% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 15,673 shares of company stock valued at $3,420,576. 1.10% of the stock is currently owned by corporate insiders.

About Wabtec

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.