WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORPORATION
At today's price, WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORPORATION (WAB) is priced for +24.4% growth. boothcheck doesn't publish a fair value or a price target; it shows what the price assumes, so you can judge whether that bar is too high. Built from SEC EDGAR filings.
• Wabtec sells the brakes, controls, and digital signaling that keep freight and transit rail moving, and roughly 56% of its Transit segment revenue comes from the aftermarket on an installed base it already owns, per the FY2025 10-K, which is the recurring-revenue engine most equipment makers lack. • The price is the risk: at about 27 times company-wide operating income, it embeds operating growth held near its self-funding ceiling for roughly five years, a pace only about 28% of comparable fas
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1,118 institutional managers reported holding WAB in 13F filings for the quarter ended 2026-03-31. Together they hold about 91% of the company; the top 10 hold 51%. 129 opened new positions that quarter. Held by Vanguard Group, FMR (Fidelity), BlackRock, among others. On the short side, 3.0M shares were sold short as of the 2026-06-15 count, about 2% of shares outstanding (4.1 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
WAB has cut its share count 9.9% over the past five years, spending $2.76B on repurchases. It pays a dividend, and has paid one every year in our records (17 and counting), raised 4 years straight; the current rate is $1.00 a share annually. Cash returned over the past three years: $427.00M in dividends and $1.73B in repurchases.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
No open-market insider buys on file at WAB over the trailing three years. Absence is a fact about the company, not a signal. 25 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
WAB's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2023-07-28 | +4.9% | -10.4% |
| 2023-10-26 | +4.6% | +21.5% |
| 2024-02-15 | -1.8% | +7.7% |
| 2024-04-25 | +9.9% | -2.7% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
WAB's latest 8-K filings: 2026-05-15 (items 5.07); 2026-04-22 (items 2.02, 7.01, 9.01); 2026-03-03 (items 7.01, 9.01); 2026-02-11 (items 2.02, 7.01, 9.01); 2025-10-22 (items 2.02, 7.01, 9.01).
Item codes are the SEC's own classification of what each report discloses. Nothing here is investment advice.
Last analyzed: July 1, 2026
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For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.