Lansforsakringar Fondforvaltning AB publ Has $13.65 Million Stock Holdings in Wabtec $WAB

01 Jul 2026, 10:36 by Michael Walen · The Markets Daily

Lansforsakringar Fondforvaltning AB publ trimmed its position in Wabtec (NYSE:WAB – Free Report) by 5.7% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 54,617 shares of the transportation company’s stock after selling 3,309 shares during the period. Lansforsakringar Fondforvaltning AB publ’s holdings in Wabtec were worth $13,649,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in WAB. Norges Bank bought a new position in Wabtec in the fourth quarter worth approximately $409,039,000. Price T Rowe Associates Inc. MD increased its holdings in shares of Wabtec by 20.3% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 7,965,503 shares of the transportation company’s stock valued at $1,700,238,000 after acquiring an additional 1,344,744 shares in the last quarter. Nordea Investment Management AB raised its position in shares of Wabtec by 55.5% during the fourth quarter. Nordea Investment Management AB now owns 3,069,340 shares of the transportation company’s stock worth $659,939,000 after purchasing an additional 1,095,083 shares during the period. Farallon Capital Management LLC raised its position in shares of Wabtec by 68.6% during the third quarter. Farallon Capital Management LLC now owns 2,205,098 shares of the transportation company’s stock worth $442,056,000 after purchasing an additional 896,900 shares during the period. Finally, Bank of Montreal Can lifted its holdings in shares of Wabtec by 360.0% in the 4th quarter. Bank of Montreal Can now owns 885,197 shares of the transportation company’s stock worth $188,945,000 after purchasing an additional 692,773 shares in the last quarter. 91.69% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. Citigroup lifted their price target on shares of Wabtec from $283.00 to $292.00 and gave the company a “buy” rating in a research report on Thursday, April 9th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Wabtec in a research note on Monday, April 20th. Morgan Stanley reiterated an “overweight” rating and set a $318.00 price objective on shares of Wabtec in a report on Monday, April 27th. Rothschild & Co Redburn raised shares of Wabtec from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $262.00 to $285.00 in a research report on Thursday, March 26th. Finally, JPMorgan Chase & Co. lowered their target price on shares of Wabtec from $290.00 to $280.00 and set a “neutral” rating on the stock in a report on Friday, April 10th. Ten research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, Wabtec presently has an average rating of “Moderate Buy” and an average target price of $289.82.

Get Our Latest Analysis on WAB

Wabtec Stock Up 0.6%

WAB stock opened at $269.82 on Wednesday. The firm has a market capitalization of $45.78 billion, a PE ratio of 38.16, a P/E/G ratio of 1.92 and a beta of 0.94. The company has a quick ratio of 0.54, a current ratio of 1.02 and a debt-to-equity ratio of 0.42. Wabtec has a twelve month low of $184.26 and a twelve month high of $284.91. The stock’s 50 day moving average is $265.32 and its 200-day moving average is $249.01.

Wabtec (NYSE:WAB – Get Free Report) last announced its quarterly earnings results on Wednesday, April 22nd. The transportation company reported $2.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.62 by $0.09. The business had revenue of $2.95 billion during the quarter, compared to the consensus estimate of $3.08 billion. Wabtec had a return on equity of 14.52% and a net margin of 10.52%.Wabtec’s revenue was up 13.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.28 earnings per share. Wabtec has set its FY 2026 guidance at 10.250-10.650 EPS. Sell-side analysts expect that Wabtec will post 10.61 EPS for the current fiscal year.

Wabtec Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Friday, May 22nd were paid a $0.31 dividend. The ex-dividend date was Friday, May 22nd. This represents a $1.24 annualized dividend and a dividend yield of 0.5%. Wabtec’s dividend payout ratio is presently 17.54%.

Insider Buying and Selling at Wabtec

In related news, CEO Rafael Santana sold 1,163 shares of the business’s stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $261.06, for a total transaction of $303,612.78. Following the transaction, the chief executive officer directly owned 124,077 shares in the company, valued at approximately $32,391,541.62. The trade was a 0.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Sameer Gaur sold 1,082 shares of the company’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $263.50, for a total transaction of $285,107.00. Following the completion of the sale, the insider directly owned 11,985 shares of the company’s stock, valued at $3,158,047.50. The trade was a 8.28% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 65,423 shares of company stock valued at $17,562,278. Company insiders own 0.57% of the company’s stock.

About Wabtec

(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.