Wabtec $WAB Shares Sold by Silvant Capital Management LLC

Key Points

• Silvant Capital Management cut its Wabtec stake by 33.3% in the second quarter, selling 9,684 shares and retaining 19,394 shares valued at approximately $5.23 million. Institutional investors collectively own 91.69% of Wabtec.
• Wabtec reported quarterly EPS of $2.76, beating estimates by $0.16, while revenue rose 17.5% year over year to $3.18 billion. The company set fiscal 2026 EPS guidance at $10.60–$10.90.
• Analysts maintain a “Moderate Buy” consensus rating with a $313.36 average price target, while Wabtec declared a $0.31 quarterly dividend, representing a 0.4% annualized yield.

Silvant Capital Management LLC lowered its holdings in shares of Wabtec (NYSE:WAB - Free Report) by 33.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,394 shares of the transportation company's stock after selling 9,684 shares during the period. Silvant Capital Management LLC's holdings in Wabtec were worth $5,229,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in WAB. Welch & Forbes LLC raised its stake in shares of Wabtec by 1.8% during the second quarter. Welch & Forbes LLC now owns 2,050 shares of the transportation company's stock valued at $553,000 after purchasing an additional 36 shares in the last quarter. Meeder Advisory Services Inc. grew its position in Wabtec by 1.6% in the 1st quarter. Meeder Advisory Services Inc. now owns 2,471 shares of the transportation company's stock valued at $618,000 after buying an additional 38 shares in the last quarter. Hilltop Holdings Inc. increased its stake in Wabtec by 3.9% during the 4th quarter. Hilltop Holdings Inc. now owns 1,069 shares of the transportation company's stock valued at $228,000 after buying an additional 40 shares during the period. Apollon Wealth Management LLC raised its position in shares of Wabtec by 1.6% during the 1st quarter. Apollon Wealth Management LLC now owns 3,081 shares of the transportation company's stock worth $770,000 after buying an additional 48 shares in the last quarter. Finally, IHT Wealth Management LLC raised its position in shares of Wabtec by 1.0% during the 4th quarter. IHT Wealth Management LLC now owns 4,856 shares of the transportation company's stock worth $1,037,000 after buying an additional 50 shares in the last quarter. Institutional investors and hedge funds own 91.69% of the company's stock.

Wabtec Trading Up 0.1%

Wabtec stock opened at $292.62 on Friday. The firm has a market capitalization of $49.43 billion, a price-to-earnings ratio of 39.33, a P/E/G ratio of 1.98 and a beta of 0.93. Wabtec has a 52 week low of $184.26 and a 52 week high of $306.64. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.59 and a current ratio of 1.12. The company has a 50 day moving average price of $279.54 and a 200 day moving average price of $264.56.

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

Wabtec Dividend Announcement

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

Wall Street Analyst Weigh In

Several research firms have recently issued reports on WAB. JPMorgan Chase & Co. increased their price objective on shares of Wabtec from $300.00 to $315.00 and gave the company a "neutral" rating in a report on Thursday, July 23rd. Wall Street Zen downgraded Wabtec from a "buy" rating to a "hold" rating in a research report on Sunday, August 2nd. Morgan Stanley increased their price target on Wabtec from $318.00 to $355.00 and gave the company an "overweight" rating in a research note on Thursday, July 23rd. Stephens boosted their price objective on Wabtec from $320.00 to $330.00 and gave the stock an "overweight" rating in a research note on Thursday, July 23rd. Finally, Citigroup upped their price objective on Wabtec from $311.00 to $341.00 and gave the company a "buy" rating in a report on Thursday, August 13th. Ten research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $313.36.

Insider Transactions at Wabtec

In related news, CTO Eric Gebhardt sold 7,100 shares of the stock in a transaction dated Friday, July 24th. The shares were sold at an average price of $299.27, for a total value of $2,124,817.00. Following the completion of the sale, the chief technology officer owned 19,153 shares in the company, valued at approximately $5,731,918.31. This trade represents a 27.04% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 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 transaction of $285,600.00. Following the sale, the executive vice president owned 21,043 shares in the company, valued at $6,312,900. This represents a 4.33% decrease in their position. 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. Over the last ninety days, insiders have sold 17,786 shares of company stock worth $5,160,577. Corporate insiders own 0.57% of the company's stock.

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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