Deutsche Bank AG Takes $207.23 Million Position in Wabtec $WAB

Key Points

• Deutsche Bank acquired a new $207.2 million stake in Wabtec, purchasing 768,650 shares and owning approximately 0.46% of the company. Institutional investors collectively hold 91.69% of Wabtec’s stock.
• Wabtec reported strong quarterly results, with adjusted earnings of $2.76 per share and revenue of $3.18 billion, exceeding analyst estimates; revenue increased 17.5% year over year. The company maintained fiscal 2026 earnings guidance of $10.60–$10.90 per share.
• Analyst sentiment remains positive, with a “Moderate Buy” consensus and an average price target of $313.36, while several firms raised their targets as high as $355. Wabtec also declared a quarterly dividend of $0.31 per share, yielding 0.4% annually.

Deutsche Bank AG acquired a new position in shares of Wabtec (NYSE:WAB - Free Report) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 768,650 shares of the transportation company's stock, valued at approximately $207,228,000. Deutsche Bank AG owned 0.46% of Wabtec at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Perigon Wealth Management LLC bought a new stake in Wabtec during the 2nd quarter valued at $1,190,000. Trust Co. of Vermont bought a new position in shares of Wabtec in the second quarter worth $65,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in shares of Wabtec in the second quarter worth $110,197,000. OneDigital Investment Advisors LLC acquired a new position in shares of Wabtec during the second quarter valued at $270,000. Finally, Hikari Power Ltd bought a new stake in shares of Wabtec during the second quarter valued at about $1,656,000. 91.69% of the stock is owned by institutional investors.

Wabtec Stock Performance

NYSE:WAB opened at $295.34 on Wednesday. Wabtec has a twelve month low of $184.26 and a twelve month high of $306.64. The company has a current ratio of 1.12, a quick ratio of 0.59 and a debt-to-equity ratio of 0.44. The company has a 50-day moving average of $278.22 and a 200-day moving average of $263.70. The firm has a market cap of $49.89 billion, a price-to-earnings ratio of 39.70, a price-to-earnings-growth ratio of 2.03 and a beta of 0.93.

Wabtec (NYSE:WAB - Get Free Report) last released its earnings results on Wednesday, July 22nd. The transportation company reported $2.76 EPS for the quarter, topping analysts' consensus estimates of $2.60 by $0.16. Wabtec had a net margin of 10.59% and a return on equity of 15.10%. The business had revenue of $3.18 billion for the quarter, compared to the consensus estimate of $3.07 billion. During the same period in the previous year, the firm earned $2.27 EPS. The business's revenue for the quarter was up 17.5% on a year-over-year basis. Wabtec has set its FY 2026 guidance at 10.600-10.900 EPS. Analysts forecast that Wabtec will post 10.86 earnings per share for the current fiscal year.

Wabtec Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Tuesday, August 18th will be issued a $0.31 dividend. The ex-dividend date of this dividend is Tuesday, August 18th. This represents a $1.24 annualized dividend and a dividend yield of 0.4%. Wabtec's dividend payout ratio is currently 16.67%.

Insider Activity at Wabtec

In other news, CTO Eric Gebhardt sold 7,100 shares of the firm's stock in a transaction on Friday, July 24th. The stock was sold at an average price of $299.27, for a total transaction of $2,124,817.00. Following the completion of the sale, the chief technology officer directly owned 19,153 shares of the company's stock, valued at $5,731,918.31. This trade represents a 27.04% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Gregory Sbrocco sold 952 shares of Wabtec stock in a transaction on Monday, August 17th. The stock was sold at an average price of $300.00, for a total value of $285,600.00. Following the completion of the transaction, the executive vice president owned 21,043 shares in the company, 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. In the last three months, insiders have sold 17,786 shares of company stock worth $5,160,577. 0.57% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on WAB. Susquehanna upped their price objective on shares of Wabtec from $305.00 to $340.00 and gave the stock a "positive" rating in a report on Thursday, July 23rd. Wolfe Research restated an "outperform" rating and set a $303.00 price target on shares of Wabtec in a research report on Thursday, April 23rd. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Wabtec in a research note on Friday, July 17th. Citigroup increased their price objective on shares of Wabtec from $311.00 to $341.00 and gave the company a "buy" rating in a report on Thursday, August 13th. Finally, Morgan Stanley raised their price objective on shares of Wabtec from $318.00 to $355.00 and gave the company an "overweight" rating in a research note on Thursday, July 23rd. Ten investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $313.36.

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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