SEB Asset Management AB Takes $14.02 Million Position in Wabtec $WAB

Posted by Geri Gentry on Jul 21st, 2026

SEB Asset Management AB purchased a new stake in shares of Wabtec (NYSE:WAB – Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 56,110 shares of the transportation company’s stock, valued at approximately $14,022,000.

Other large investors also recently added to or reduced their stakes in the company. Swiss National Bank raised its stake in Wabtec by 7.1% in the 1st quarter. Swiss National Bank now owns 501,729 shares of the transportation company’s stock valued at $125,387,000 after acquiring an additional 33,300 shares during the period. Kinsale Capital Group Inc. boosted its position in Wabtec by 3.6% during the first quarter. Kinsale Capital Group Inc. now owns 52,683 shares of the transportation company’s stock worth $13,166,000 after purchasing an additional 1,838 shares during the period. Kera Capital Partners Inc. boosted its position in Wabtec by 20.0% during the first quarter. Kera Capital Partners Inc. now owns 1,306 shares of the transportation company’s stock worth $326,000 after purchasing an additional 218 shares during the period. Copeland Capital Management LLC increased its stake in shares of Wabtec by 861.4% in the first quarter. Copeland Capital Management LLC now owns 46,707 shares of the transportation company’s stock worth $11,673,000 after purchasing an additional 41,849 shares in the last quarter. Finally, Assetmark Inc. increased its stake in shares of Wabtec by 23.4% in the first quarter. Assetmark Inc. now owns 2,934 shares of the transportation company’s stock worth $733,000 after purchasing an additional 557 shares in the last quarter. Hedge funds and other institutional investors own 91.69% of the company’s stock.

Wabtec Price Performance

Shares of NYSE:WAB opened at $258.01 on Tuesday. The company has a 50 day moving average of $264.10 and a 200 day moving average of $253.37. The company has a current ratio of 1.02, a quick ratio of 0.54 and a debt-to-equity ratio of 0.42. The stock has a market cap of $43.78 billion, a P/E ratio of 36.49, a P/E/G ratio of 1.87 and a beta of 0.94. Wabtec has a 12 month low of $184.26 and a 12 month high of $284.91.

Wabtec (NYSE:WAB – Get Free Report) last posted its earnings results on Wednesday, April 22nd. The transportation company reported $2.71 earnings per share (EPS) for the quarter, topping 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 business had revenue of $2.95 billion for the quarter, compared to analysts’ expectations of $3.08 billion. During the same period in the prior year, the company posted $2.28 EPS. The business’s revenue for the quarter was up 13.0% compared to the same quarter last year. Wabtec has set its FY 2026 guidance at 10.250-10.650 EPS. As a group, sell-side analysts forecast that Wabtec will post 10.64 EPS for the current fiscal year.

Wabtec Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders 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 0.5%. Wabtec’s dividend payout ratio is presently 17.54%.

Analysts Set New Price Targets

A number of analysts recently commented on the stock. Wolfe Research restated an “outperform” rating and set a $303.00 price target on shares of Wabtec in a research note on Thursday, April 23rd. Stephens upgraded shares of Wabtec to a “strong-buy” rating in a research note on Wednesday, July 8th. Jefferies Financial Group reiterated a “buy” rating and issued a $290.00 price objective (down from $300.00) on shares of Wabtec in a research note on Tuesday, March 31st. Susquehanna reissued a “positive” rating and set a $305.00 target price on shares of Wabtec in a report on Thursday, April 23rd. Finally, Wells Fargo & Company increased their target price on Wabtec from $270.00 to $284.00 and gave the stock an “equal weight” rating in a research report on Thursday, April 23rd. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, Wabtec has a consensus rating of “Moderate Buy” and an average target price of $293.36.

Check Out Our Latest Stock Analysis on Wabtec

Insiders Place Their Bets

In related news, insider Sameer Gaur sold 1,082 shares of Wabtec stock in a transaction on Friday, June 12th. The stock was sold at an average price of $263.50, for a total transaction of $285,107.00. Following the completion of the sale, the insider owned 11,985 shares of the company’s stock, valued at approximately $3,158,047.50. This trade represents a 8.28% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Rafael Santana sold 1,163 shares of Wabtec stock in a transaction on Monday, July 6th. The shares were sold at an average price of $262.07, for a total value of $304,787.41. Following the sale, the chief executive officer directly owned 122,914 shares of the company’s stock, valued at $32,212,071.98. This represents a 0.94% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 5,734 shares of company stock worth $1,504,571 in the last quarter. 0.57% of the stock is currently owned by company insiders.

Wabtec Company Profile

(Free Report)

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.