ING Groep NV Raises Stake in Wabtec $WAB

Posted by Brenda Bartman on Jun 8th, 2026

ING Groep NV raised its stake in Wabtec (NYSE:WAB – Free Report) by 13.4% in the 4th quarter, Holdings Channel reports. The institutional investor owned 67,794 shares of the transportation company’s stock after buying an additional 7,994 shares during the period. ING Groep NV’s holdings in Wabtec were worth $14,471,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the stock. CI Investments Inc. grew its holdings in Wabtec by 6.1% in the 3rd quarter. CI Investments Inc. now owns 865 shares of the transportation company’s stock valued at $173,000 after buying an additional 50 shares in the last quarter. Carnegie Investment Counsel grew its holdings in Wabtec by 2.6% in the 4th 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 in the last quarter. Quadrant Capital Group LLC grew its holdings in Wabtec by 1.3% in the 3rd quarter. Quadrant Capital Group LLC now owns 4,082 shares of the transportation company’s stock valued at $818,000 after buying an additional 54 shares in the last quarter. Blue Trust Inc. grew its holdings in 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 buying an additional 55 shares in the last quarter. Finally, True Wealth Design LLC grew its holdings in Wabtec by 13.9% in the 4th quarter. True Wealth Design LLC now owns 460 shares of the transportation company’s stock valued at $98,000 after buying an additional 56 shares in the last quarter. 91.69% of the stock is currently owned by hedge funds and other institutional investors.

Wabtec Stock Performance

Shares of Wabtec stock opened at $260.77 on Monday. The company has a quick ratio of 0.54, a current ratio of 1.02 and a debt-to-equity ratio of 0.42. The firm has a market cap of $44.25 billion, a PE ratio of 36.88, a price-to-earnings-growth ratio of 1.86 and a beta of 0.94. Wabtec has a 52 week low of $184.26 and a 52 week high of $275.84. The business’s fifty day simple moving average is $261.06 and its 200-day simple moving average is $241.51.

Wabtec (NYSE:WAB – Get Free Report) last posted its quarterly earnings data on Wednesday, April 22nd. The transportation company reported $2.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.62 by $0.09. The firm had revenue of $2.95 billion for the quarter, compared to the consensus estimate of $3.08 billion. Wabtec had a return on equity of 14.52% and a net margin of 10.52%.The company’s quarterly revenue was up 13.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.28 EPS. Wabtec has set its FY 2026 guidance at 10.250-10.650 EPS. Equities analysts forecast that Wabtec will post 10.61 earnings per share for the current year.

Wabtec Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Friday, May 22nd were paid a dividend of $0.31 per share. The ex-dividend date was Friday, May 22nd. This represents a $1.24 dividend on an annualized basis and a yield of 0.5%. Wabtec’s dividend payout ratio is 17.54%.

Wabtec announced that its Board of Directors has initiated a share buyback program on Wednesday, February 11th that allows the company to buyback $1.20 billion in outstanding shares. This buyback authorization allows the transportation company to repurchase up to 2.9% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board of directors believes its shares are undervalued.

Analyst Ratings Changes

Several equities analysts have recently commented on the company. Wells Fargo & Company upped their price target on Wabtec from $270.00 to $284.00 and gave the company an “equal weight” rating in a research note on Thursday, April 23rd. JPMorgan Chase & Co. decreased their price target on Wabtec from $290.00 to $280.00 and set a “neutral” rating on the stock in a research note on Friday, April 10th. Morgan Stanley reaffirmed an “overweight” rating and issued a $318.00 price target on shares of Wabtec in a research note on Monday, April 27th. Citigroup upped their price target on Wabtec from $283.00 to $292.00 and gave the company a “buy” rating in a research note on Thursday, April 9th. Finally, KeyCorp upped their price target on Wabtec from $240.00 to $308.00 and gave the company an “overweight” rating in a research note on Thursday, February 12th. Ten equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $289.82.

Check Out Our Latest Analysis on WAB

Insider Transactions at Wabtec

In other Wabtec news, EVP Gina Trombley sold 4,013 shares of the business’s stock in a transaction dated Thursday, March 12th. The shares were sold at an average price of $241.87, for a total transaction of $970,624.31. Following the sale, the executive vice president directly owned 13,841 shares in the company, valued at $3,347,722.67. This represents a 22.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Rafael Santana sold 1,163 shares of the business’s stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $263.77, for a total transaction of $306,764.51. Following the sale, the chief executive officer owned 127,566 shares in the company, valued at $33,648,083.82. This trade represents a 0.90% decrease in their ownership of the stock. 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 have sold 66,028 shares of company stock worth $17,639,883 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.