OP Asset Management Ltd Acquires New Stake in Wabtec $WAB

Posted by Brian Himes on Jun 27th, 2026

OP Asset Management Ltd acquired a new stake in Wabtec (NYSE:WAB – Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 16,906 shares of the transportation company’s stock, valued at approximately $4,225,000.

Other large investors also recently bought and sold shares of the company. Clal Insurance Enterprises Holdings Ltd lifted its stake in shares of Wabtec by 125.9% in the 4th quarter. Clal Insurance Enterprises Holdings Ltd now owns 131 shares of the transportation company’s stock worth $28,000 after acquiring an additional 73 shares during the period. Manchester Capital Management LLC increased its stake in shares of Wabtec by 122.0% during the fourth quarter. Manchester Capital Management LLC now owns 131 shares of the transportation company’s stock worth $28,000 after acquiring an additional 72 shares during the period. McMillan Office Inc. purchased a new position in Wabtec during the fourth quarter worth about $31,000. Reflection Asset Management acquired a new stake in Wabtec in the fourth quarter valued at about $35,000. Finally, BOKF NA lifted its position in Wabtec by 66.7% in the fourth quarter. BOKF NA now owns 175 shares of the transportation company’s stock valued at $37,000 after purchasing an additional 70 shares during the period. Hedge funds and other institutional investors own 91.69% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have issued reports on WAB. Wall Street Zen cut Wabtec from a “buy” rating to a “hold” rating in a research report on Saturday, March 14th. Susquehanna reissued a “positive” rating and issued a $305.00 price target on shares of Wabtec in a report on Thursday, April 23rd. Rothschild & Co Redburn upgraded Wabtec from a “neutral” rating to a “buy” rating and lifted their price target for the company from $262.00 to $285.00 in a research note on Thursday, March 26th. Citigroup lifted 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, JPMorgan Chase & Co. dropped their price objective on Wabtec from $290.00 to $280.00 and set a “neutral” rating on the stock in a report on Friday, April 10th. Ten analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $289.82.

Read Our Latest Stock Report on Wabtec

Insiders Place Their Bets

In related news, insider Sameer Gaur sold 1,082 shares of the business’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $263.50, for a total value of $285,107.00. Following the sale, the insider directly owned 11,985 shares in the company, valued at $3,158,047.50. The trade was a 8.28% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Rafael Santana sold 1,163 shares of the stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $261.06, for a total transaction of $303,612.78. Following the completion of the sale, the chief executive officer directly owned 124,077 shares in the company, valued at approximately $32,391,541.62. The trade was a 0.93% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 65,423 shares of company stock worth $17,562,278. 0.57% of the stock is owned by company insiders.

Wabtec Stock Down 4.2%

WAB stock opened at $270.46 on Friday. 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 company’s 50-day moving average price is $264.92 and its 200 day moving average price is $247.95. Wabtec has a 52 week low of $184.26 and a 52 week high of $284.91. The company has a market cap of $45.89 billion, a P/E ratio of 38.25, a P/E/G ratio of 2.02 and a beta of 0.94.

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

Wabtec Announces Dividend

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

About Wabtec

(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.