17,126 Wabtec $WAB Shares Sold by TD Waterhouse Canada Inc.

Posted by George Bondi on Oct 18th, 2026

TD Waterhouse Canada Inc. trimmed its stake in shares of Wabtec (NYSE:WAB – Free Report) by 19.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 72,573 shares of the transportation company’s stock after selling 17,126 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in Wabtec were worth $20,899,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Meeder Asset Management Inc. acquired a new position in shares of Wabtec in the 2nd quarter worth approximately $26,000. Whipplewood Advisors LLC bought a new position in shares of Wabtec during the 1st quarter worth approximately $25,000. Bell Investment Advisors Inc bought a new position in shares of Wabtec during the 2nd quarter worth approximately $29,000. Fiduciary Financial Advisors bought a new position in shares of Wabtec during the 2nd quarter worth approximately $29,000. Finally, Eastern Bank boosted its stake in Wabtec by 103.8% in the 3rd quarter. Eastern Bank now owns 163 shares of the transportation company’s stock valued at $47,000 after buying an additional 83 shares in the last quarter. 91.69% of the stock is currently owned by institutional investors.

More Wabtec News

Here are the key news stories impacting Wabtec this week:

Positive Sentiment: Major South African rail contract: Wabtec signed a R6.6 billion (approximately $400 million) agreement with Transnet Engineering to improve the performance and reliability of South Africa’s diesel locomotive fleet. The multiyear support work should strengthen Wabtec’s services backlog and reinforce its international rail presence, although the timing of revenue recognition was not disclosed. Wabtec signs R6.6bn agreement to help enhance South African freight loco performance
Positive Sentiment: Quarterly dividend maintained: Wabtec declared a $0.31-per-share quarterly dividend, payable December 1 to shareholders of record November 17. The dividend signals continued shareholder distributions, though the annualized yield is relatively low at about 0.4%.
Neutral Sentiment: Third-quarter results approaching: Analysts expect double-digit year-over-year revenue and earnings growth for the quarter ended September 2026. Wabtec’s prior quarter also exceeded consensus estimates, reporting $2.76 in adjusted earnings per share on $3.18 billion of revenue, but the upcoming release could be closely scrutinized because the stock trades at a premium valuation.
Negative Sentiment: Cost and supply-chain risks could limit an earnings beat: Rising costs and supply-chain disruptions may pressure margins or make it harder for Wabtec to exceed expectations despite projected sales and profit growth. Wabtec Gears Up to Report Q3 Earnings
Negative Sentiment: Citi trims price target: Citi reduced its Wabtec price target from $341 to $338. While the revised target still implies upside relative to recent trading levels, the cut suggests somewhat less near-term confidence in the shares.

Insider Buying and Selling

In other news, insider Sameer Gaur sold 1,000 shares of the company’s stock in a transaction that occurred on Friday, July 24th. The shares were sold at an average price of $300.64, for a total transaction of $300,640.00. Following the transaction, the insider directly owned 10,985 shares in the company, valued at approximately $3,302,530.40. This represents a 8.34% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CTO Eric Gebhardt sold 7,100 shares of the company’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 in the company, valued at $5,731,918.31. The trade was a 27.04% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 17,552 shares of company stock valued at $5,232,911. Insiders own 0.57% of the company’s stock.

Wabtec Stock Performance

Wabtec stock opened at $286.46 on Friday. The stock has a 50-day simple moving average of $288.34 and a 200 day simple moving average of $275.09. The company has a quick ratio of 0.59, a current ratio of 1.12 and a debt-to-equity ratio of 0.44. Wabtec has a 12-month low of $186.06 and a 12-month high of $306.64. The stock has a market capitalization of $48.39 billion, a price-to-earnings ratio of 38.50, a P/E/G ratio of 1.94 and a beta of 0.92.

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 (EPS) for the quarter, topping the consensus estimate of $2.60 by $0.16. Wabtec had a net margin of 10.59% and a return on equity of 15.10%. The business had revenue of $3.18 billion for the quarter, compared to the consensus estimate of $3.07 billion. During the same quarter in the prior year, the company earned $2.27 EPS. The firm’s quarterly revenue was up 17.5% on a year-over-year basis. Wabtec has set its FY 2026 guidance at 10.600-10.900 EPS. On average, research analysts anticipate that Wabtec will post 10.89 earnings per share for the current fiscal year.

Wabtec Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Tuesday, November 17th will be paid a $0.31 dividend. The ex-dividend date of this dividend is Tuesday, November 17th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 0.4%. Wabtec’s payout ratio is currently 16.67%.

Analyst Ratings Changes

Several analysts recently commented on WAB shares. Citigroup decreased their price target on Wabtec from $341.00 to $338.00 and set a “buy” rating on the stock in a research note on Thursday, October 8th. Weiss Ratings upgraded Wabtec from a “buy (b)” rating to a “buy (b+)” rating in a research note on Thursday, October 8th. KeyCorp increased their price objective on Wabtec from $308.00 to $340.00 and gave the stock an “overweight” rating in a research note on Thursday, July 23rd. Stephens lifted their price objective on Wabtec from $320.00 to $330.00 and gave the company an “overweight” rating in a report on Thursday, July 23rd. Finally, Morgan Stanley boosted their target price on shares of Wabtec from $318.00 to $355.00 and gave the company an “overweight” rating in a research note on Thursday, July 23rd. Ten analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, Wabtec currently has a consensus rating of “Moderate Buy” and an average price target of $313.55.

Get Our Latest Stock Report on WAB

Wabtec Company Profile

(Free Report)

Wabtec Corporation, also known as Westinghouse Air Brake Technologies Corporation, provides equipment, systems, software and services for the global rail and transit industries. Its offerings support freight railroads, passenger rail operators, transit agencies, mining companies and other transportation customers.

The company manufactures and services locomotives, locomotive engines, braking systems, electronic and control equipment, train components, signaling and communications systems, and digital technologies designed to improve rail safety, efficiency and asset management.