Vanguard Group Inc. Sells 66,127 Shares of Wabtec $WAB

Key Points

• Vanguard trimmed its stake in Wabtec by 0.3% in Q4, selling 66,127 shares and leaving it with 19,878,131 shares (about 11.63% of the company) valued at roughly $4.24 billion.
• Insiders have been net sellers, offloading 92,364 shares worth about $24.5 million over the past three months — including CFO John A. Olin’s sale of 11,000 shares — leaving insider ownership at just 0.57%.
• Analysts keep a consensus of “Moderate Buy” with a $289.82 target, while Wabtec beat Q results (EPS $2.71 vs. $2.62), issued FY2026 guidance of 10.25–10.65 EPS, raised its dividend to $0.31 quarterly, and authorized a $1.2 billion buyback.

Vanguard Group Inc. trimmed its position in Wabtec (NYSE:WAB - Free Report) by 0.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 19,878,131 shares of the transportation company's stock after selling 66,127 shares during the quarter. Vanguard Group Inc. owned about 11.63% of Wabtec worth $4,242,987,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in WAB. CI Investments Inc. raised its stake in shares of Wabtec by 6.1% in the third quarter. CI Investments Inc. now owns 865 shares of the transportation company's stock valued at $173,000 after acquiring an additional 50 shares during the period. Carnegie Investment Counsel increased its stake in shares of Wabtec by 2.6% during the fourth quarter. Carnegie Investment Counsel now owns 2,051 shares of the transportation company's stock valued at $438,000 after buying an additional 51 shares during the period. Quadrant Capital Group LLC lifted its position in shares of Wabtec by 1.3% in the 3rd quarter. Quadrant Capital Group LLC now owns 4,082 shares of the transportation company's stock worth $818,000 after purchasing an additional 54 shares during the period. Blue Trust Inc. increased its holdings in shares of Wabtec by 11.1% in the 4th quarter. Blue Trust Inc. now owns 549 shares of the transportation company's stock valued at $117,000 after acquiring an additional 55 shares during the period. Finally, True Wealth Design LLC grew its stake in Wabtec by 13.9% in the fourth quarter. True Wealth Design LLC now owns 460 shares of the transportation company's stock valued at $98,000 after purchasing an additional 56 shares during the last quarter. 91.69% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on WAB shares. Rothschild & Co Redburn raised Wabtec from a "neutral" rating to a "buy" rating and upped their price target for the stock from $262.00 to $285.00 in a research report on Thursday, March 26th. Citigroup upped their target price on Wabtec from $283.00 to $292.00 and gave the company a "buy" rating in a research report on Thursday, April 9th. JPMorgan Chase & Co. decreased their target price on Wabtec from $290.00 to $280.00 and set a "neutral" rating for the company in a report on Friday, April 10th. Wall Street Zen cut shares of Wabtec from a "buy" rating to a "hold" rating in a report on Saturday, March 14th. Finally, Morgan Stanley restated an "overweight" rating and issued a $318.00 price objective on shares of Wabtec in a research report on Monday. Ten investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat.com, Wabtec currently has an average rating of "Moderate Buy" and a consensus target price of $289.82.

Insider Buying and Selling

In related news, CFO John A. Olin sold 11,000 shares of the business's stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $263.30, for a total transaction of $2,896,300.00. Following the completion of the transaction, the chief financial officer directly owned 60,487 shares of the company's stock, valued at $15,926,227.10. The trade was a 15.39% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Rogerio Mendonca sold 3,500 shares of Wabtec stock in a transaction on Friday, February 20th. The stock was sold at an average price of $264.21, for a total transaction of $924,735.00. Following the sale, the insider directly owned 10,101 shares of the company's stock, valued at approximately $2,668,785.21. This trade represents a 25.73% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 92,364 shares of company stock worth $24,522,522 over the last three months. 0.57% of the stock is owned by insiders.

Wabtec Stock Performance

NYSE WAB opened at $267.60 on Tuesday. Wabtec has a fifty-two week low of $180.06 and a fifty-two week high of $275.84. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.54 and a current ratio of 1.02. The stock's fifty day moving average is $254.87 and its two-hundred day moving average is $229.69. The firm has a market capitalization of $45.41 billion, a P/E ratio of 37.85, a price-to-earnings-growth ratio of 1.92 and a beta of 0.99.

Wabtec (NYSE:WAB - Get Free Report) last posted its earnings results on Wednesday, April 22nd. The transportation company reported $2.71 earnings per share for the quarter, beating the consensus estimate of $2.62 by $0.09. Wabtec had a net margin of 10.52% and a return on equity of 14.52%. The company had revenue of $2.95 billion for the quarter, compared to analyst estimates of $3.08 billion. During the same period in the previous year, the business posted $2.28 EPS. Wabtec's revenue was up 13.0% on a year-over-year basis. Wabtec has set its FY 2026 guidance at 10.250-10.650 EPS. On average, research analysts anticipate that Wabtec will post 10.57 earnings per share for the current year.

Wabtec Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Tuesday, February 17th were given a dividend of $0.31 per share. This is a boost from Wabtec's previous quarterly dividend of $0.25. This represents a $1.24 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend was Tuesday, February 17th. Wabtec's dividend payout ratio is currently 17.54%.

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

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