Westinghouse Air Brake Technologies Corporation (WAB)

In the past six months, Wabtec's stock has increased by 6.00% and reached a new 52-week high in January 2026. Wabtec secured a $386 million follow-on order from New York's Metropolitan Transportation Authority (MTA) for additional R255 hybrid battery-diesel work locomotives. The company finalized the acquisition of Frauscher Sensor Technology Group. Wabtec reported its Third Quarter 2025 results, which included raised and tightened adjusted EPS guidance and declared a regular quarterly common dividend. Wabtec announced a $4.2 billion deal with the national railway of Kazakhstan, involving locomotives and a long-term service agreement.

Wabtec Corporation's business is generally not seasonal, but its third-quarter results tend to be slightly lower due to vacation periods and downtime experienced by its major customers.

Westinghouse Air Brake Technologies Corporation (Wabtec) is a global provider of technology-based equipment, systems, digital solutions, and services for the freight rail and passenger transit industries, operating within the transportation sector and focusing on rail technology. Its major products and services are segmented into Freight and Transit, including locomotives, aftermarket parts, rail control, components for passenger transit vehicles, and digital intelligence solutions.

Wabtec Corporation has a significant global presence, operating in over 50 countries across the Americas, Europe, the Middle East, Africa, and Asia-Pacific, with major operations in China and India.

Wabtec has maintained a strong brand reputation due to its commitment to innovation, sustainability, and strategic growth. Wabtec's Green Friction technology has demonstrated its ability to reduce particle emissions from friction braking on metro trains. The FLXdrive battery-electric locomotive reduced fuel consumption and CO2 emissions during testing. The company is enhancing port efficiency and reducing emissions through its Port Optimizer™ cloud-based software and ShoreCONNECT onshore power supply. Acquisitions like Frauscher Sensor Technology Group and Evident's Inspection Technologies division have expanded Wabtec's market reach and technological capabilities. Wabtec emphasizes environmental stewardship, investing in research and development for predictive analytics and energy-efficient solutions, and aiming for a zero-emission rail system globally.

Institutional investors hold a significant portion (92.79%) of Wabtec's shares. Major institutional owners include Vanguard Group Inc., Fmr Llc, BlackRock, Inc., State Street Corp, Price T Rowe Associates Inc /md/, Geode Capital Management, Llc, FIL Ltd, Select Equity Group, L.P., Wellington Management Group LLP, and Nordea Investment Management AB.