Wabtec (WAB)

• Market cap: $32.2B
• 1 day: -0.25%
• 5 days: -1.27%
• 1 month: -0.43%
• 3 months: -7.45%
• 6 months: 3.56%
• Year to date: -0.33%
• 1 year: 10.66%
• 5 years: 181.86%
• 10 years: 96.76%
• Sector: Industrials
• Industry: Railroads

About: Westinghouse Air Brake Technologies Corp provides value-added, technology-based products and services for the freight rail and passenger transit industries and the mining, marine, and industrial markets. It provides its products and services through two main business segments: Freight and Transit. The company generates maximum revenue from the Freight segment, which manufactures new and modernized locomotives, provides aftermarket parts and services to existing locomotives, provides components to new and existing freight cars; builds new commuter locomotives; supplies rail control and infrastructure products, including electronics, positive train control equipment, signal design, and engineering services. Geographically, it generates a majority of its revenue from the United States.

Employees: 29,500

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

152% more first-time investments, than exits

New positions opened: 154 | Existing positions closed: 61

40% more funds holding in top 10

Funds holding in top 10: 10 [Q1] → 14 (+4) [Q2]

16% more capital invested

Capital invested by funds: $28.3B [Q1] → $32.9B (+$4.6B) [Q2]

7% more funds holding

Funds holding: 1,024 [Q1] → 1,100 (+76) [Q2]

4% more repeat investments, than reductions

Existing positions increased: 379 | Existing positions reduced: 365

2% more call options, than puts

Call options by funds: $27.2M | Put options by funds: $26.7M

0.46% more ownership

Funds ownership: 91.26% [Q1] → 91.72% (+0.46%) [Q2]

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $200
• Avg. target: $227
• High target: $240

5 analyst ratings

• positive: 4 80%
• neutral: 1 20%
• negative: 0 0%

JP Morgan Tami Zakaria	$200	Neutral Maintained	14 Aug 2025
Morgan Stanley Dillon Cumming	$226	Overweight Maintained	28 Jul 2025
Susquehanna Bascome Majors	$235	Positive Maintained	25 Jul 2025
B of A Securities Ken Hoexter	$236	Buy Maintained	8 Jul 2025
Keybanc Steve Barger	$240	Overweight Maintained	24 Jun 2025