<div id="readability-page-1"><p>Assetmark Inc. decreased its holdings in  Wabtec (NYSE:WAB - Free Report) by 74.8% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor  owned 2,072 shares of the transportation company's stock after selling 6,164 shares during the period. Assetmark Inc.'s holdings in Wabtec were worth $415,000 as of its most recent SEC filing.</p><ul><li>Vertiv Stock Surges on Strategic CFO Hire and AI Momentum</li></ul><p>Several other institutional investors and hedge funds also recently made changes to their positions in WAB. Vanguard Group Inc. lifted its stake in  Wabtec by 2.5% in 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 last quarter.  Geode Capital Management LLC increased its holdings in shares of  Wabtec by 0.7% in the second quarter. Geode Capital Management LLC now owns 4,288,014 shares of the transportation company's stock worth $893,830,000 after buying an additional 30,489 shares during the period.  Boston Partners lifted its stake in shares of  Wabtec by 9.0% in the 2nd quarter. Boston Partners now owns 2,261,456 shares of the transportation company's stock valued at $471,410,000 after acquiring an additional 186,248 shares during the last quarter.  Nordea Investment Management AB boosted its holdings in  Wabtec by 24.0% during the 3rd quarter. Nordea Investment Management AB now owns 1,974,257 shares of the transportation company's stock valued at $393,252,000 after acquiring an additional 381,728 shares during the period.  Finally, Norges Bank purchased a new stake in  Wabtec during the 2nd quarter valued at about $347,194,000. Institutional investors own  91.69% of the company's stock. </p><h2>Insider Activity</h2><p>In related news, EVP Gregory Sbrocco sold 952 shares of Wabtec stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $258.43, for a total transaction of $246,025.36. Following the completion of the transaction, the executive vice president directly owned 21,159 shares of the company's stock, valued at $5,468,120.37. This trade represents a 4.31% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Rogerio Mendonca sold 2,019 shares of the business's stock in a transaction dated Thursday, December 4th. The stock was 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 in the company, valued at $2,041,277.16. The trade was a 17.50% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 16,625 shares of company stock worth $3,666,601. 1.10% of the stock is currently owned by corporate insiders. </p><h2>Wabtec Price Performance</h2><ul><li>3 transportation stocks gearing up for a new rally</li></ul><p>Shares of NYSE WAB opened at $264.70 on Friday. Wabtec has a 1 year low of $151.81 and a 1 year high of $265.88. The stock has a market capitalization of $45.14 billion, a P/E ratio of 38.76, a P/E/G ratio of 2.00 and a beta of 1.01. The company's 50-day moving average is $231.02 and its 200 day moving average is $209.79. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.11 and a quick ratio of 0.57. </p><p>Wabtec (NYSE:WAB - Get Free Report) last posted its quarterly earnings data on Wednesday, February 11th. The transportation company reported $2.10 earnings per share for the quarter, beating the consensus estimate of $2.08 by $0.02. Wabtec had a return on equity of 14.12% and a net margin of 10.48%.The business had revenue of $2.97 billion for the quarter, compared to analysts' expectations of $2.86 billion. During the same period in the previous year, the firm posted $1.68 EPS. The business's revenue was up 14.8% on a year-over-year basis. Wabtec has set its FY 2026 guidance at 10.050-10.450 EPS.  On average, sell-side analysts expect that  Wabtec will post 8.54 earnings per share for the current year. </p><ul><li>Markets Are Loving These Stocks 'Firing On All Cylinders'</li></ul><p>Wabtec declared that its board has authorized a share buyback plan on Wednesday, February 11th that authorizes the company to buyback $1.20 billion in    shares. This buyback authorization authorizes the transportation company to reacquire up to 2.9% of its shares through open market purchases. Shares buyback plans are generally an indication that the company's leadership believes its shares are undervalued. </p><h2>Wabtec Increases Dividend</h2><p>The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Tuesday, February 17th will be issued a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 0.5%. This is a positive change from Wabtec's previous quarterly dividend of $0.25. The ex-dividend date is Tuesday, February 17th. Wabtec's dividend payout ratio  is currently 18.16%. </p><h2>Analyst Ratings Changes</h2><p>Several analysts have weighed in on WAB shares. Citigroup boosted their price objective on Wabtec from $258.00 to $283.00 and gave the company a &#34;buy&#34; rating in a research report on Thursday, February 12th. Wolfe Research upgraded shares of Wabtec from a &#34;peer perform&#34; rating to an &#34;outperform&#34; rating and set a $245.00 price target for the company in a report on Thursday, January 8th. Bank of America raised their price target on shares of Wabtec from $228.00 to $233.00 and gave the stock a &#34;buy&#34; rating in a report on Thursday, November 13th. Susquehanna  set a $300.00 price objective on shares of Wabtec in a research report on Thursday, February 12th. Finally, Morgan Stanley  reiterated an &#34;overweight&#34; rating and set a $315.00 target price on shares of Wabtec in a report on Tuesday. Eight investment analysts have rated the stock with a Buy rating and three have issued  a Hold rating to the company's stock. According to MarketBeat, the stock presently has an average rating of &#34;Moderate Buy&#34; and a consensus target price of $269.00.</p><p><b>Check Out Our Latest Research Report on WAB</b></p><h2>Wabtec Company Profile</h2> (Free Report)<p>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.  </p><p>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.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Wabtec</li><li>~$1.5T SpaceX IPO: Pre-IPO Opportunity</li><li>Gold $5,000: The 2026 Gold &amp; Silver Summit is LIVE March 4</li><li>How a Family Trust May Be Able To Help Preserve Your Wealth</li><li>This makes me furious</li><li>Elon Musk: This Could Turn $100 into $100,000</li></ul><p><strong>Want to see what other hedge funds are holding WAB?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Wabtec (NYSE:WAB - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVdBQg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVdBQg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Wabtec Right Now?</h2><p>Before you consider Wabtec, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Wabtec wasn't on the list.</p><p>While Wabtec currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Assetmark Inc. has reduced its holdings in Wabtec (NYSE:WAB) by 74.8% in Q3, now owning 2,072 shares after selling 6,164 shares. Other institutional investors, including Vanguard and Geode Capital, have also adjusted their stakes in Wabtec. The company's stock opened at $264.70, with a market cap of $45.14 billion. Wabtec reported a quarterly EPS of $2.10, exceeding estimates, and announced a $1.20 billion share buyback plan, indicating confidence in its stock value. A quarterly dividend is set for March 2nd, with record shareholders on February 17th.</p>

Assetmark Inc. Decreases Holdings in Wabtec $WAB