Sowell Financial Services LLC Acquires 6,956 Shares of Wabtec $WAB

Key Points

• Sowell Financial Services acquired 6,956 Wabtec shares worth approximately $2.0 million in the third quarter. Institutional investors collectively own 91.69% of Wabtec’s outstanding stock.
• Wabtec reported third-quarter adjusted EPS of $2.83, beating estimates, while revenue rose 8.1% year over year to $3.12 billion but fell short of consensus. The company raised its 2026 adjusted EPS outlook to $10.85–$11.05, supported by margin gains and a backlog exceeding $31 billion.
• Analysts maintain a favorable outlook, with Wabtec carrying a consensus “Moderate Buy” rating and an average price target of $320.18, although the stock recently traded down 4.7% and insiders sold shares during the quarter.

Sowell Financial Services LLC acquired a new position in Wabtec (NYSE:WAB - Free Report) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 6,956 shares of the transportation company's stock, valued at approximately $1,998,000.

Several other large investors also recently bought and sold shares of WAB. Axecap Investments LLC purchased a new position in Wabtec in the 3rd quarter worth about $1,769,000. Quadrant Capital Group LLC lifted its stake in Wabtec by 0.8% during the 3rd quarter. Quadrant Capital Group LLC now owns 4,317 shares of the transportation company's stock valued at $1,237,000 after acquiring an additional 36 shares during the period. Diversify Advisory Services LLC boosted its holdings in shares of Wabtec by 6.4% during the 3rd quarter. Diversify Advisory Services LLC now owns 2,408 shares of the transportation company's stock valued at $693,000 after acquiring an additional 145 shares during the last quarter. Genesee Capital Advisors LLC purchased a new stake in shares of Wabtec during the 3rd quarter valued at about $277,000. Finally, CWA Asset Management Group LLC purchased a new stake in shares of Wabtec during the 3rd quarter valued at about $212,000. 91.69% of the stock is currently owned by institutional investors.

Wabtec News Roundup

Here are the key news stories impacting Wabtec this week:

• Positive Sentiment: Raised earnings outlook: Wabtec increased and tightened its 2026 adjusted EPS guidance to $10.85–$11.05, reflecting stronger expected profitability and margin gains from its “Integration 3.0” initiatives. Wabtec lifts 2026 adjusted EPS outlook
• Positive Sentiment: Strong quarterly profitability: Third-quarter adjusted EPS was $2.83, above the $2.73 consensus estimate and up from $2.32 a year earlier. Adjusted operating margin expanded 1.9 percentage points to 22.9%, while GAAP EPS rose 33.7% to $2.42. Wabtec posts Q3 results and increases guidance
• Positive Sentiment: Robust demand visibility: Revenue grew 8.1% year over year to $3.12 billion, supported by growth in both Freight and Transit, while the multi-year backlog exceeded $31 billion, up 22.9%. This strengthens the company’s longer-term revenue outlook. Wabtec long-term investor takeaways
• Positive Sentiment: Analyst support remains favorable: Stephens raised its price target from $330 to $340 and assigned an “overweight” rating. Citigroup maintained a “buy” rating while trimming its target modestly from $338 to $334; both targets imply meaningful upside from recent trading levels.
• Negative Sentiment: Revenue miss triggered selling: Quarterly revenue of $3.12 billion came in below the $3.20 billion consensus estimate. The shortfall overshadowed the EPS beat for some investors, particularly with Wabtec trading at a premium valuation, and has contributed to the stock’s recent weakness. Wabtec stock falls on revenue miss

Analysts Set New Price Targets

A number of analysts have recently commented on WAB shares. Rothschild & Co Redburn reduced their price target on shares of Wabtec from $293.00 to $292.00 and set a "buy" rating for the company in a research note on Wednesday, July 29th. KeyCorp boosted their price objective on shares of Wabtec from $308.00 to $340.00 and gave the company an "overweight" rating in a report on Thursday, July 23rd. Susquehanna increased their price objective on shares of Wabtec from $305.00 to $340.00 and gave the company a "positive" rating in a research report on Thursday, July 23rd. Citigroup dropped their target price on shares of Wabtec from $338.00 to $334.00 and set a "buy" rating on the stock in a report on Thursday. Finally, Weiss Ratings upgraded shares of Wabtec from a "buy (b)" rating to a "buy (b+)" rating in a report on Thursday, October 8th. Ten analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, Wabtec presently has a consensus rating of "Moderate Buy" and an average target price of $320.18.

Insider Activity

In other news, CEO Rafael Santana sold 1,087 shares of the stock in a transaction that occurred on Monday, October 5th. The shares were sold at an average price of $291.79, for a total value of $317,175.73. Following the transaction, the chief executive officer owned 116,155 shares in the company, valued at $33,892,867.45. This represents a 0.93% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Michael Fetsko sold 3,250 shares of the firm's stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $293.22, for a total transaction of $952,965.00. Following the completion of the transaction, the insider directly owned 37,380 shares in the company, valued at approximately $10,960,563.60. The trade was a 8.00% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 6,452 shares of company stock valued at $1,903,524 in the last quarter. 0.57% of the stock is currently owned by insiders.

Wabtec Stock Down 4.7%

Wabtec stock opened at $275.31 on Friday. The stock has a market cap of $46.50 billion, a PE ratio of 37.00, a price-to-earnings-growth ratio of 1.95 and a beta of 0.92. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.59 and a current ratio of 1.10. Wabtec has a one year low of $193.86 and a one year high of $306.64. The stock has a fifty day moving average of $287.31 and a 200 day moving average of $276.20.

Wabtec (NYSE:WAB - Get Free Report) last posted its earnings results on Wednesday, October 21st. The transportation company reported $2.83 earnings per share for the quarter, beating analysts' consensus estimates of $2.73 by $0.10. The company had revenue of $3.12 billion for the quarter, compared to the consensus estimate of $3.20 billion. Wabtec had a return on equity of 15.72% and a net margin of 11.20%. Wabtec's revenue was up 8.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.32 earnings per share. As a group, sell-side analysts predict that Wabtec will post 10.89 EPS for the current year.

Wabtec Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 1st. Stockholders of record on Tuesday, November 17th will be given a dividend of $0.31 per share. The ex-dividend date of this dividend is Tuesday, November 17th. This represents a $1.24 annualized dividend and a dividend yield of 0.5%. Wabtec's dividend payout ratio is presently 16.67%.

About Wabtec

Westinghouse Air Brake Technologies Corporation, doing business as Wabtec NYSE: WAB, is a global provider of equipment, systems, digital solutions and services for the freight and passenger rail industries. The company develops technologies intended to improve the safety, efficiency, reliability and sustainability of rail transportation.

Wabtec's products and services include locomotives, locomotive components and modernization programs, braking systems, train control and signaling equipment, power and propulsion systems, and advanced digital solutions.

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