Formuepleje A S Invests $1.89 Million in Wabtec $WAB

Posted by Brenda Bartman on Sep 7th, 2026

Formuepleje A S purchased a new position in Wabtec (NYSE:WAB – Free Report) during the second quarter, HoldingsChannel reports. The fund purchased 7,014 shares of the transportation company’s stock, valued at approximately $1,891,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of WAB. California State Teachers Retirement System grew its holdings in Wabtec by 24,510.5% in the second quarter. California State Teachers Retirement System now owns 69,374,550 shares of the transportation company’s stock valued at $18,703,379,000 after purchasing an additional 69,092,660 shares during the last quarter. BlackRock Inc. acquired a new position in shares of Wabtec during the 2nd quarter worth $3,741,077,000. Norges Bank purchased a new stake in shares of Wabtec in the 4th quarter worth about $409,039,000. Price T Rowe Associates Inc. MD boosted its position in shares of Wabtec by 20.3% in the 4th 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 buying an additional 1,344,744 shares in the last quarter. Finally, Bank of New York Mellon Corp acquired a new stake in Wabtec in the 2nd quarter valued at about $212,692,000. 91.69% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the stock. Morgan Stanley raised their target price on shares of Wabtec from $318.00 to $355.00 and gave the company an “overweight” rating in a report on Thursday, July 23rd. Weiss Ratings reiterated a “buy (b)” rating on shares of Wabtec in a research report on Friday, July 17th. Citigroup raised their price objective on shares of Wabtec from $311.00 to $341.00 and gave the stock a “buy” rating in a research note on Thursday, August 13th. Stephens lifted their price objective on Wabtec from $320.00 to $330.00 and gave the stock an “overweight” rating in a research report on Thursday, July 23rd. Finally, Wall Street Zen lowered Wabtec from a “buy” rating to a “hold” rating in a research note on Sunday, August 2nd. Ten research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $313.36.

Read Our Latest Research Report on Wabtec

Wabtec Stock Down 0.2%

WAB stock opened at $282.25 on Monday. The company has a 50 day moving average price of $283.36 and a two-hundred day moving average price of $267.96. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.59 and a current ratio of 1.12. The stock has a market capitalization of $47.67 billion, a P/E ratio of 37.94, a PEG ratio of 1.92 and a beta of 0.92. Wabtec has a one year low of $184.26 and a one year high of $306.64.

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 analysts’ consensus estimates of $2.60 by $0.16. The company had revenue of $3.18 billion for the quarter, compared to analyst estimates of $3.07 billion. Wabtec had a return on equity of 15.10% and a net margin of 10.59%.The business’s revenue for the quarter was up 17.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.27 EPS. Wabtec has set its FY 2026 guidance at 10.600-10.900 EPS. As a group, sell-side analysts expect that Wabtec will post 10.86 EPS for the current year.

Wabtec Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Tuesday, August 18th were paid a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend was Tuesday, August 18th. Wabtec’s dividend payout ratio (DPR) is presently 16.67%.

Insider Buying and Selling

In other news, EVP Gregory Sbrocco sold 952 shares of the stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $300.00, for a total transaction of $285,600.00. Following the transaction, the executive vice president directly owned 21,043 shares in the company, valued at $6,312,900. This represents a 4.33% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Eric Gebhardt sold 7,100 shares of the firm’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 completion of the sale, the chief technology officer directly owned 19,153 shares in the company, valued at $5,731,918.31. This represents a 27.04% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 18,710 shares of company stock worth $5,505,630 over the last ninety days. 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.