Diversify Advisory Services LLC Makes New Investment in Wabtec $WAB

Posted by Geri Gentry on Aug 21st, 2026

Diversify Advisory Services LLC bought a new stake in Wabtec (NYSE:WAB – Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 2,263 shares of the transportation company’s stock, valued at approximately $610,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. BlackRock Inc. acquired a new position in shares of Wabtec during the 2nd quarter valued at about $3,741,077,000. Norges Bank acquired a new stake in Wabtec during the fourth quarter worth about $409,039,000. Price T Rowe Associates Inc. MD raised its stake in Wabtec by 20.3% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 7,965,503 shares of the transportation company’s stock worth $1,700,238,000 after purchasing an additional 1,344,744 shares during the period. Bank of New York Mellon Corp purchased a new position in Wabtec during the second quarter worth about $212,692,000. Finally, Deutsche Bank AG acquired a new position in Wabtec in the 2nd quarter valued at about $207,228,000. 91.69% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on WAB shares. Weiss Ratings restated a “buy (b)” rating on shares of Wabtec in a report on Friday, July 17th. KeyCorp lifted their target price on Wabtec from $308.00 to $340.00 and gave the company an “overweight” rating in a research report on Thursday, July 23rd. JPMorgan Chase & Co. upped their price target on Wabtec from $300.00 to $315.00 and gave the company a “neutral” rating in a research note on Thursday, July 23rd. Citigroup upped their target price on shares of Wabtec from $311.00 to $341.00 and gave the company a “buy” rating in a research report on Thursday, August 13th. Finally, Wells Fargo & Company increased their target price on shares of Wabtec from $284.00 to $315.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 23rd. 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, the company currently has an average rating of “Moderate Buy” and an average price target of $313.36.

Get Our Latest Research Report on Wabtec

Wabtec Trading Up 0.1%

NYSE:WAB opened at $292.62 on Friday. Wabtec has a 12-month low of $184.26 and a 12-month high of $306.64. The firm has a market cap of $49.43 billion, a PE ratio of 39.33, a price-to-earnings-growth ratio of 1.98 and a beta of 0.93. The company has a current ratio of 1.12, a quick ratio of 0.59 and a debt-to-equity ratio of 0.44. The stock has a fifty day moving average price of $279.54 and a 200 day moving average price of $264.56.

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

Wabtec Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Tuesday, August 18th will be paid a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date is Tuesday, August 18th. Wabtec’s dividend payout ratio is presently 16.67%.

Insider Transactions at Wabtec

In related news, insider Sameer Gaur sold 1,000 shares of Wabtec stock in a transaction that occurred on Friday, July 24th. The shares were sold at an average price of $300.64, for a total value of $300,640.00. Following the completion of the transaction, the insider owned 10,985 shares in the company, valued at $3,302,530.40. The trade was a 8.34% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CTO Eric Gebhardt sold 7,100 shares of the business’s stock in a transaction that occurred on Friday, July 24th. The stock was sold at an average price of $299.27, for a total transaction of $2,124,817.00. Following the transaction, the chief technology officer owned 19,153 shares of the company’s stock, valued at $5,731,918.31. This trade represents a 27.04% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 17,786 shares of company stock valued at $5,160,577 over the last quarter. Insiders own 0.57% of the company’s stock.

Wabtec 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.