Wabtec $WAB Shares Sold by Skylands Capital LLC

Skylands Capital LLC cut its stake in shares of Wabtec (NYSE:WAB) by 17.9% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 45,015 shares of the transportation company’s stock after selling 9,785 shares during the period. Wabtec makes up 1.2% of Skylands Capital LLC’s holdings, making the stock its 21st biggest holding. Skylands Capital LLC’s holdings in Wabtec were worth $9,024,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also made changes to their positions in WAB. Colonial Trust Advisors boosted its position in shares of Wabtec by 454.5% during the 2nd quarter. Colonial Trust Advisors now owns 122 shares of the transportation company’s stock worth $26,000 after purchasing an additional 100 shares during the period. Piscataqua Savings Bank lifted its stake in Wabtec by 12,800.0% during the third quarter. Piscataqua Savings Bank now owns 129 shares of the transportation company’s stock worth $26,000 after purchasing an additional 128 shares in the last quarter. Motco lifted its stake in Wabtec by 6,600.0% during the third quarter. Motco now owns 134 shares of the transportation company’s stock worth $27,000 after purchasing an additional 132 shares in the last quarter. Salomon & Ludwin LLC boosted its position in shares of Wabtec by 370.6% during the third quarter. Salomon & Ludwin LLC now owns 160 shares of the transportation company’s stock worth $32,000 after buying an additional 126 shares during the period. Finally, North Capital Inc. grew its stake in shares of Wabtec by 18,900.0% in the third quarter. North Capital Inc. now owns 190 shares of the transportation company’s stock valued at $38,000 after buying an additional 189 shares in the last quarter. 91.69% of the stock is owned by hedge funds and other institutional investors.

Wabtec Price Performance

Wabtec stock opened at $245.99 on Wednesday. The company has a current ratio of 1.42, a quick ratio of 0.75 and a debt-to-equity ratio of 0.45. The company has a fifty day simple moving average of $223.92 and a 200-day simple moving average of $206.12. The stock has a market cap of $42.05 billion, a P/E ratio of 35.75, a price-to-earnings-growth ratio of 1.67 and a beta of 1.01. Wabtec has a 12-month low of $151.81 and a 12-month high of $248.78.

Wabtec Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Tuesday, February 17th will be issued a dividend of $0.31 per share. This is a positive change from Wabtec’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend is Tuesday, February 17th. This represents a $1.24 dividend on an annualized basis and a yield of 0.5%. Wabtec’s dividend payout ratio (DPR) is presently 14.53%.

Key Headlines Impacting Wabtec

Here are the key news stories impacting Wabtec this week:

• Positive Sentiment: Wabtec reported strong FY2025 results and issued 2026 guidance — record multi‑year backlog of $27 billion (up 23% YoY), full‑year GAAP EPS $6.83 (+13%) and adjusted EPS $8.97 (+~19%), and $1.8B cash from operations — all signal durable demand and cash generation. Wabtec Delivers Strong Fourth Quarter 2025 Results; Announces 2026 Full-Year Guidance
• Positive Sentiment: Major contract flow: Wabtec won sizable CSX orders (modernization and new/overhaul work) and broader train deals reported around $670M and roughly $2.5B of train-related business — these wins support the company’s raised revenue outlook and backlog momentum. CSX signs $670M deal with Wabtec to modernize locomotive fleet with new and upgraded units
• Positive Sentiment: Shareholder returns: Wabtec announced a 24% increase in the quarterly dividend (new quarterly payout $0.31), reinforcing cash-flow confidence and supporting income-oriented demand for the stock. Wabtec Rewards Shareholders With 24% Hike in Quarterly Dividend
• Positive Sentiment: Short interest fell materially in January (~13.9% decline), reducing one source of downside pressure and indicating fewer active bearish bets against the stock.
• Neutral Sentiment: 2026 guidance is mixed: management guided EPS to $10.05–$10.45 (range roughly in line with consensus) while raising revenue guidance to $12.2B–$12.5B, well above the prior street estimate — strong top‑line guidance offsets some ambiguity around near‑term margin/earnings visibility.
• Negative Sentiment: Valuation and liquidity considerations: Wabtec currently trades at a relatively rich multiple (P/E ~35.8) and has a quick ratio under 1 (0.75), which could temper upside if growth or margin assumptions slip.

Wall Street Analyst Weigh In

Several research firms recently issued reports on WAB. Morgan Stanley increased their target price on Wabtec from $257.00 to $264.00 and gave the stock an “overweight” rating in a research note on Monday, January 12th. JPMorgan Chase & Co. boosted their price target on shares of Wabtec from $215.00 to $245.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 14th. Wells Fargo & Company raised their price objective on shares of Wabtec from $221.00 to $224.00 and gave the company an “equal weight” rating in a research note on Wednesday, December 17th. Wolfe Research raised shares of Wabtec from a “peer perform” rating to an “outperform” rating and set a $245.00 target price on the stock in a research note on Thursday, January 8th. Finally, Citigroup boosted their target price on Wabtec from $245.00 to $258.00 and gave the stock a “buy” rating in a research note on Friday, January 9th. Eight equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $241.00.

Insiders Place Their Bets

In other news, CEO Rafael Santana sold 1,798 shares of the stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $212.17, for a total value of $381,481.66. Following the transaction, the chief executive officer owned 125,941 shares in the company, valued at approximately $26,720,901.97. This represents a 1.41% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Rogerio Mendonca sold 2,019 shares of the business’s stock in a transaction that occurred on Thursday, December 4th. The stock was sold at an average price of $214.51, for a total value of $433,095.69. Following the sale, the insider owned 9,516 shares of the company’s stock, valued at approximately $2,041,277.16. The trade was a 17.50% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 13,875 shares of company stock valued at $2,978,789. 1.10% of the stock is owned by insiders.

About Wabtec

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.