AlphaQuest LLC Has $483,000 Holdings in Wabtec $WAB

AlphaQuest LLC cut its holdings in shares of Wabtec (NYSE:WAB) by 79.3% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,409 shares of the transportation company’s stock after selling 9,209 shares during the quarter. AlphaQuest LLC’s holdings in Wabtec were worth $483,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Norges Bank bought a new position in Wabtec during the 2nd quarter worth $347,194,000. Qube Research & Technologies Ltd bought a new position in shares of Wabtec in the second quarter worth $121,612,000. Aviva PLC raised its stake in Wabtec by 7,960.0% in the second quarter. Aviva PLC now owns 527,685 shares of the transportation company’s stock valued at $110,471,000 after purchasing an additional 521,138 shares in the last quarter. Vanguard Group Inc. lifted its position 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 purchasing an additional 493,437 shares during the period. Finally, Amundi grew its stake in Wabtec by 36.8% during the second quarter. Amundi now owns 1,614,789 shares of the transportation company’s stock worth $345,371,000 after buying an additional 434,401 shares in the last quarter. 91.69% of the stock is currently owned by institutional investors.

Key Wabtec News

Here are the key news stories impacting Wabtec this week:

• Positive Sentiment: Wabtec signed a $1.2 billion contract with Union Pacific to modernize AC4400 locomotives — described as the largest locomotive‑modernization agreement in rail industry history. This adds a sizeable, multi-year revenue stream and strengthens Wabtec’s freight aftermarket backlog. Article Title
• Positive Sentiment: Market reaction: multiple outlets note Wabtec shares surged on the Union Pacific contract and rising expectations ahead of earnings, signaling investor enthusiasm for the deal’s revenue and margin potential. Article Title
• Neutral Sentiment: Earnings preview: analysts expect continued sales and EPS growth in Q4 and some services strength, but consensus views on a meaningful beat are mixed — one preview highlights rising estimates and a history of beats, while another notes WAB may lack the specific drivers for a clear surprise. Investors will be watching the report closely for Freight vs. Transit trends. Article Title
• Negative Sentiment: Price action: despite the contract news, the stock is down today — likely reflecting near-term profit-taking after the run-up (shares are close to a 52‑week high) and valuation considerations (PE around mid‑30s). Technical/valuation context may be tempering upside until earnings or further contract details materialize.

Insider Buying and Selling at Wabtec

In other Wabtec news, insider Rogerio Mendonca sold 2,019 shares of the business’s stock in a transaction that occurred on Thursday, December 4th. The shares were sold at an average price of $214.51, for a total transaction of $433,095.69. Following the sale, the insider directly owned 9,516 shares of the company’s stock, valued at $2,041,277.16. The trade was a 17.50% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Michael Fetsko sold 5,058 shares of the firm’s stock in a transaction on Friday, December 12th. The shares were sold at an average price of $215.72, for a total transaction of $1,091,111.76. Following the transaction, the insider directly owned 36,882 shares of the company’s stock, valued at $7,956,185.04. The trade was a 12.06% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 24,641 shares of company stock worth $5,233,559 over the last quarter. Insiders own 1.10% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. Wolfe Research raised shares of Wabtec from a “peer perform” rating to an “outperform” rating and set a $245.00 price target for the company in a report on Thursday, January 8th. Bank of America upped their target price on Wabtec from $228.00 to $233.00 and gave the stock a “buy” rating in a research note on Thursday, November 13th. Wells Fargo & Company lifted their price target on Wabtec from $221.00 to $224.00 and gave the company an “equal weight” rating in a research note on Wednesday, December 17th. Citigroup upped their price objective on Wabtec from $245.00 to $258.00 and gave the stock a “buy” rating in a research report on Friday, January 9th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Wabtec in a research note on Wednesday, January 21st. Eight analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $241.00.

Wabtec Price Performance

Wabtec stock opened at $240.00 on Friday. The stock has a 50-day moving average price of $221.68 and a two-hundred day moving average price of $205.32. Wabtec has a 12 month low of $151.81 and a 12 month high of $243.99. The company has a market capitalization of $41.03 billion, a PE ratio of 34.88, a P/E/G ratio of 1.64 and a beta of 1.01. The company has a current ratio of 1.42, a quick ratio of 0.75 and a debt-to-equity ratio of 0.45.

About Wabtec

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.