Consolidated Investment Group LLC Has $4.08 Million Position in Wabtec $WAB

Key Points

• Consolidated Investment Group LLC reduced its Wabtec stake by 23.9% in Q4, selling 6,000 shares and retaining 19,100 shares valued at about $4.08 million.
• Company insiders have sold heavily recently—31,512 shares worth $8.16 million over the last 90 days—including EVP Gina Trombley (4,013 shares) and Nalin Jain (7,936 shares).
• Wabtec beat quarterly EPS estimates and set FY2026 guidance at 10.050–10.450 EPS, while its board authorized a $1.2 billion share buyback and raised the quarterly dividend to $0.31.

Consolidated Investment Group LLC reduced its holdings in shares of Wabtec (NYSE:WAB - Free Report) by 23.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 19,100 shares of the transportation company's stock after selling 6,000 shares during the period. Consolidated Investment Group LLC's holdings in Wabtec were worth $4,077,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. Varma Mutual Pension Insurance Co boosted its position in shares of Wabtec by 9.1% during the 3rd quarter. Varma Mutual Pension Insurance Co now owns 47,924 shares of the transportation company's stock worth $9,607,000 after purchasing an additional 4,000 shares in the last quarter. Gibraltar Capital Management Inc. bought a new position in shares of Wabtec during the 3rd quarter worth about $5,801,000. 111 Capital bought a new position in shares of Wabtec during the 3rd quarter worth about $949,000. Alberta Investment Management Corp bought a new position in shares of Wabtec during the 3rd quarter worth about $842,000. Finally, SG Americas Securities LLC boosted its position in shares of Wabtec by 809.6% during the 4th quarter. SG Americas Securities LLC now owns 152,297 shares of the transportation company's stock worth $32,508,000 after purchasing an additional 135,553 shares in the last quarter. 91.69% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Wabtec

In other Wabtec news, EVP Gina Trombley sold 4,013 shares of the firm's stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $241.87, for a total value of $970,624.31. Following the completion of the transaction, the executive vice president directly owned 13,841 shares of the company's stock, valued at $3,347,722.67. This trade represents a 22.48% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Nalin Jain sold 7,936 shares of the firm's stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $264.09, for a total transaction of $2,095,818.24. Following the completion of the transaction, the insider directly owned 6,364 shares of the company's stock, valued at approximately $1,680,668.76. The trade was a 55.50% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 31,512 shares of company stock worth $8,160,028. 0.57% of the stock is owned by corporate insiders.

Wabtec Stock Down 4.1%

Wabtec stock opened at $257.21 on Thursday. Wabtec has a 1-year low of $165.17 and a 1-year high of $275.84. The firm has a market capitalization of $43.77 billion, a price-to-earnings ratio of 37.66, a P/E/G ratio of 2.02 and a beta of 0.99. The company has a current ratio of 1.11, a quick ratio of 0.57 and a debt-to-equity ratio of 0.38. The firm has a 50 day simple moving average of $252.69 and a 200 day simple moving average of $225.86.

Wabtec (NYSE:WAB - Get Free Report) last released its quarterly earnings data on Wednesday, February 11th. The transportation company reported $2.10 earnings per share 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 during the quarter, compared to analyst estimates of $2.86 billion. During the same period in the previous year, the business earned $1.68 EPS. Wabtec's 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, analysts predict that Wabtec will post 8.54 earnings per share for the current year.

Wabtec announced that its board has initiated a share repurchase program on Wednesday, February 11th that authorizes the company to buyback $1.20 billion in shares. This buyback authorization authorizes the transportation company to purchase up to 2.9% of its shares through open market purchases. Shares buyback programs are often a sign that the company's board believes its stock is undervalued.

Wabtec Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Tuesday, February 17th were issued a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend was Tuesday, February 17th. This is a positive change from Wabtec's previous quarterly dividend of $0.25. Wabtec's payout ratio is 18.16%.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on WAB shares. Wolfe Research raised shares of 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. Citigroup increased their price objective on shares of Wabtec from $283.00 to $292.00 and gave the company a "buy" rating in a research note on Thursday, April 9th. KeyCorp increased their price objective on shares of Wabtec from $240.00 to $308.00 and gave the company an "overweight" rating in a research note on Thursday, February 12th. Morgan Stanley restated an "overweight" rating and set a $315.00 price target on shares of Wabtec in a research note on Tuesday, February 17th. Finally, Stephens raised their price target on shares of Wabtec from $230.00 to $290.00 and gave the stock an "overweight" rating in a research note on Thursday, February 12th. Ten investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $275.75.

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.

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