Wabtec (NYSE:WAB) Short Interest Update
2026-03-15 20:28:43 ET
Wabtec ( NYSE:WAB – Get Free Report ) was the target of a large increase in short interest during the month of February. As of February 27th, there was short interest totaling 2,287,421 shares, an increase of 27.8% from the February 12th total of 1,789,915 shares. Based on an average daily trading volume, of 925,798 shares, the days-to-cover ratio is currently 2.5 days. Approximately 1.4% of the shares of the stock are short sold. Approximately 1.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 925,798 shares, the days-to-cover ratio is currently 2.5 days.
Insiders Place Their Bets
In related news, insider Sameer Gaur sold 1,150 shares of the stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $262.62, for a total value of $302,013.00. Following the completion of the transaction, the insider owned 12,017 shares of the company’s stock, valued at $3,155,904.54. This represents a 8.73% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link . Also, CFO John A. Olin sold 11,000 shares of the business’s stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $263.30, for a total transaction of $2,896,300.00. Following the sale, the chief financial officer directly owned 60,487 shares in the company, valued at approximately $15,926,227.10. The trade was a 15.39% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 33,310 shares of company stock valued at $8,541,509 over the last ninety days. 1.10% of the stock is owned by insiders.
Institutional Investors Weigh In On Wabtec
Several large investors have recently modified their holdings of WAB. Vanguard Group Inc. raised its stake in Wabtec by 2.5% during the second quarter. Vanguard Group Inc. now owns 19,930,893 shares of the transportation company’s stock worth $4,172,532,000 after buying an additional 493,437 shares during the last quarter. Price T Rowe Associates Inc. MD grew its holdings in Wabtec by 20.3% during 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 acquiring an additional 1,344,744 shares during the period. State Street Corp grew its holdings in Wabtec by 2.6% during the 4th quarter. State Street Corp now owns 7,658,040 shares of the transportation company’s stock worth $1,634,609,000 after acquiring an additional 197,610 shares during the period. Geode Capital Management LLC raised its position in shares of Wabtec by 0.9% in the 4th quarter. Geode Capital Management LLC now owns 4,366,157 shares of the transportation company’s stock worth $928,249,000 after acquiring an additional 38,029 shares in the last quarter. Finally, Wellington Management Group LLP raised its position in shares of Wabtec by 3.6% in the 3rd quarter. Wellington Management Group LLP now owns 3,304,183 shares of the transportation company’s stock worth $662,390,000 after acquiring an additional 116,329 shares in the last quarter. 91.69% of the stock is currently owned by institutional investors and hedge funds.
Wabtec Trading Down 1.6%
Shares of NYSE WAB traded down $3.76 during trading on Friday, reaching $236.60. The company had a trading volume of 613,300 shares, compared to its average volume of 874,873. The company’s fifty day moving average price is $242.37 and its 200-day moving average price is $216.49. Wabtec has a 12 month low of $151.81 and a 12 month high of $266.27. The stock has a market cap of $40.34 billion, a P/E ratio of 34.64, a PEG ratio of 1.79 and a beta of 0.99. The company has a quick ratio of 0.57, a current ratio of 1.11 and a debt-to-equity ratio of 0.38.
Wabtec ( NYSE:WAB – Get Free Report ) last issued its quarterly earnings data on Wednesday, February 11th. The transportation company reported $2.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.08 by $0.02. The company had revenue of $2.97 billion during the quarter, compared to the consensus estimate of $2.86 billion. Wabtec had a return on equity of 14.12% and a net margin of 10.48%.The firm’s revenue was up 14.8% compared to the same quarter last year. During the same period last year, the company earned $1.68 earnings per share. Wabtec has set its FY 2026 guidance at 10.050-10.450 EPS. As a group, research analysts expect that Wabtec will post 8.54 earnings per share for the current year.
Wabtec Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Tuesday, February 17th were issued a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 0.5%. The ex-dividend date was Tuesday, February 17th. This is a positive change from Wabtec’s previous quarterly dividend of $0.25. Wabtec’s dividend payout ratio (DPR) is 18.16%.
Wabtec declared that its Board of Directors has initiated a share buyback program on Wednesday, February 11th that permits the company to repurchase $1.20 billion in outstanding shares. This repurchase authorization permits the transportation company to reacquire up to 2.9% of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s board believes its shares are undervalued.
Analyst Upgrades and Downgrades
Several research firms have commented on WAB. Weiss Ratings reiterated a “buy (b)” rating on shares of Wabtec in a research report on Wednesday, January 21st. Wall Street Zen cut Wabtec from a “buy” rating to a “hold” rating in a report on Saturday. Stephens upped their price objective on Wabtec from $230.00 to $290.00 and gave the company an “overweight” rating in a research note on Thursday, February 12th. Morgan Stanley reiterated an “overweight” rating and issued a $315.00 price objective on shares of Wabtec in a report on Tuesday, February 17th. Finally, KeyCorp lifted their target price on shares of Wabtec from $240.00 to $308.00 and gave the stock an “overweight” rating in a research report on Thursday, February 12th. Eight research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, Wabtec has a consensus rating of “Moderate Buy” and a consensus target price of $269.00.
View Our Latest Stock Report on WAB
Wabtec Company Profile
( Get 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.
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