WABNYSERailroad EquipmentFiscal year ends December 31
WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Oct 21, 2026
$286.74−0.08 (-0.03%)
Close on Oct 19, 2026
- Market cap
- $48.63B
- P/E (TTM)
- 38.5
- Dividend yield
- 0.35%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
92.8%
157M of 169M shares
Institutional holders
1,187
126 new, 80 sold out
Net institutional buying
1M
In Q2 2026
Insider trades, 12 months
0 buys · 125 sales
Net sold $43.41M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Abigail P. Johnson | 21,617,228 | 12.70% | 13G (passive) amendment | Jun 30, 2026 |
| FMR LLC | 19,699,030 | 11.60% | 13G (passive) amendment | Mar 31, 2026 |
| Vanguard Capital Management | 12,750,999 | 7.47% | 13G (passive) | Mar 31, 2026 |
| BlackRock, Inc. | 12,143,715 | 7.10% | 13G (passive) amendment | Mar 31, 2025 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of WAB | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| FMR LLC | 21,383,543 | 12.66% | $5.77B | +1,661,114 | 0.25% |
| BlackRock, Inc. | 13,876,398 | 8.22% | $3.74B | +137,300 | 0.06% |
| Vanguard Capital Management LLC | 11,083,880 | 6.56% | $2.99B | +2,307 | 0.06% |
| State Street Corp | 7,905,748 | 4.68% | $2.13B | +164,806 | 0.06% |
| Price T Rowe Associates Inc /Md/ | 7,271,071 | 4.30% | $1.96M | −731,761 | 0.20% |
| Vanguard Portfolio Management LLC | 7,170,659 | 4.25% | $1.93B | +12,783 | 0.09% |
| Geode Capital Management, LLC | 4,522,854 | 2.68% | $1.21B | −34,520 | 0.06% |
| FIL Ltd | 3,526,833 | 2.09% | $950.83M | +24,892 | 0.68% |
| Nordea Investment Management Ab | 3,093,207 | 1.83% | $835.54M | −462,670 | 0.68% |
| Invesco Ltd. | 2,794,714 | 1.65% | $753.45M | +662,859 | 0.06% |
| Morgan Stanley | 2,491,148 | 1.47% | $671.61M | +28,409 | 0.04% |
| Select Equity Group, L.P. | 2,421,552 | 1.43% | $652.85M | −502,091 | 3.23% |
| Boston Partners | 2,019,014 | 1.20% | $543.50M | +62,716 | 0.48% |
| Norges Bank | 1,896,763 | 1.12% | $511.37M | New | 0.05% |
| Northern Trust Corp | 1,731,125 | 1.02% | $466.71M | +5,992 | 0.05% |
| Dimensional Fund Advisors LP | 1,714,273 | 1.01% | $462.16M | −11,088 | 0.08% |
| Wellington Management Group Llp | 1,670,476 | 0.99% | $450.36M | −839,436 | 0.08% |
| Amundi | 1,580,919 | 0.94% | $426.22M | +482,323 | 0.10% |
| JPMorgan Chase & Co | 1,520,067 | 0.90% | $407.83M | +138,668 | 0.02% |
| Massachusetts Financial Services Co /Ma/ | 1,428,720 | 0.85% | $390.46M | −188,006 | 0.12% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 1,187 | 157M | 92.8% | 126 / 427 | 405 / 80 | 12M | 11M |
| Q1 2026 | 1,164 | 156M | 92.6% | 156 / 386 | 376 / 100 | 29M | 11M |
| Q4 2025 | 1,126 | 158M | 93.8% | 149 / 371 | 386 / 82 | 14M | 11M |
| Q3 2025 | 1,093 | 157M | 93.1% | 105 / 357 | 380 / 114 | 14M | 14M |
| Q2 2025 | 1,120 | 157M | 93.2% | 156 / 384 | 370 / 64 | 9M | 9M |
| Q1 2025 | 1,040 | 158M | 93.5% | 108 / 322 | 394 / 117 | 14M | 15M |
| Q4 2024 | 1,064 | 160M | 94.7% | 165 / 329 | 383 / 72 | 17M | 13M |
| Q3 2024 | 983 | 157M | 93.1% | 112 / 306 | 366 / 98 | 27M | 15M |
| Q2 2024 | 981 | 161M | 95.6% | 121 / 353 | 325 / 54 | 13M | 19M |
| Q1 2024 | 923 | 169M | 100.0% | 105 / 292 | 332 / 57 | 16M | 14M |
| Q4 2023 | 886 | 167M | 98.6% | 140 / 277 | 293 / 62 | 13M | 10M |
| Q3 2023 | 818 | 164M | 97.0% | 81 / 254 | 306 / 58 | 7M | 8M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of WAB | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 5,386,872 | 3.19% | $1.45B | 0.06% | Jun 30, 2026 |
| Vanguard 500 Index Fund | 4,397,049 | 2.60% | $1.19B | 0.07% | Jun 30, 2026 |
| Vanguard Mid-Cap Index Fund | 3,676,640 | 2.18% | $991.22M | 0.44% | Jun 30, 2026 |
| Fidelity Contrafund | 3,430,253 | 2.03% | $924.80M | 0.51% | Jun 30, 2026 |
| iShares Core S&P 500 ETF | 2,334,461 | 1.38% | $629.37M | 0.07% | Jun 30, 2026 |
| T. Rowe Price Value Fund, Inc. | 2,206,490 | 1.31% | $594.87M | 1.75% | Jun 30, 2026 |
| Fidelity 500 Index Fund | 2,182,110 | 1.29% | $569.88M | 0.07% | May 31, 2026 |
| Fidelity Magellan Fund | 1,821,310 | 1.08% | $491.03M | 1.30% | Jun 30, 2026 |
| Strategic Advisers Fidelity U.S. Total Stock Fund | 1,638,922 | 0.97% | $428.02M | 0.17% | May 31, 2026 |
| Vanguard Value Index Fund | 1,613,651 | 0.96% | $435.04M | 0.17% | Jun 30, 2026 |
| Vanguard Mid-Cap Value Index Fund | 1,089,813 | 0.65% | $293.81M | 0.79% | Jun 30, 2026 |
| State Street(R) Industrial Select Sector SPDR(R) ETF | 1,000,058 | 0.59% | $269.62M | 0.79% | Jun 30, 2026 |
| Vanguard Institutional Index Fund | 921,227 | 0.55% | $248.36M | 0.07% | Jun 30, 2026 |
| Fidelity Series Stock Selector Large Cap Value Fund | 870,759 | 0.52% | $253.27M | 1.48% | Jul 31, 2026 |
| MFS Mid Cap Value Fund | 757,990 | 0.45% | $204.35M | 1.18% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Rafael Santana | President and CEO, Director | 117,959 | 0.07% | Sep 3, 2026 |
| Rogerio Mendonca | President, Equipment Group | 7,968 | 0.00% | Aug 24, 2026 |
| Michael Fetsko | Pres., Freight Components Grp. | 37,380 | 0.02% | Aug 21, 2026 |
| Gregory Sbrocco | EVP Operations | 21,043 | 0.01% | Aug 18, 2026 |
| David L. DeNinno | Exec VP, General Counsel, Sec. | 55,128 | 0.03% | Jul 27, 2026 |
| Eric Gebhardt | Chief Technology Officer | 25,146 | 0.01% | Jul 27, 2026 |
| Sameer Gaur | Pres., Global Freight Services | 10,985 | 0.01% | Jul 27, 2026 |
| Nicole B. Theophilus | EVP & Chief Admin. Officer | 23,599 | 0.01% | Jul 2, 2026 |
| Gina Trombley | EVP Sales & Marketing | 13,841 | 0.01% | Mar 13, 2026 |
| Kyra Yates | VP - Investor Relations | 3,334 | 0.00% | Mar 9, 2026 |
| Nalin Jain | President, Digital Electronics | 7,019 | 0.00% | Mar 9, 2026 |
| John A. Olin | Executive Vice President & CFO | 61,893 | 0.04% | Mar 9, 2026 |
| John A. Mastalerz Jr | SVP Fin, Corp Controller, CAO | 7,593 | 0.00% | Mar 9, 2026 |
| Pascal Schweitzer | President Transit | 24,619 | 0.01% | Mar 9, 2026 |
| Lilian Leroux | EVP Chief Strategy Officer | 13,755 | 0.01% | May 6, 2025 |
| Alicia Hammersmith | President - Services Group | 8,968 | 0.01% | Mar 24, 2025 |
| Byron S. Foster | Director | 8,219 | 0.00% | May 15, 2026 |
| Beverley A. Babcock | Director | 4,740 | 0.00% | May 15, 2026 |
| Ann R. Klee | Director | 12,574 | 0.01% | May 15, 2026 |
| Lee C. Banks | Director | 13,598 | 0.01% | May 15, 2026 |
| Brian Hehir | Director | 25,606 | 0.02% | May 15, 2026 |
| Juan R. Perez | Director | 2,011 | 0.00% | May 15, 2026 |
| Linda S. Harty | Director | 12,482 | 0.01% | May 15, 2026 |
| Albert J. Neupaver | Director | 605,400 | 0.36% | May 19, 2025 |
| William E. Kassling | Director | 754,094 | 0.45% | Jan 21, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Rafael Santana President and CEO, Director | Sep 2, 2026 | Sale(10b5-1 plan) | −370 | $279.21 | $103.31K | 117,959 |
| Rafael Santana President and CEO, Director | Sep 2, 2026 | Sale(10b5-1 plan) | −323 | $280.21 | $90.51K | 117,636 |
| Rafael Santana President and CEO, Director | Sep 2, 2026 | Sale(10b5-1 plan) | −126 | $282.03 | $35.54K | 117,242 |
| Rafael Santana President and CEO, Director | Sep 2, 2026 | Sale(10b5-1 plan) | −268 | $281.10 | $75.33K | 117,368 |
| Rafael Santana President and CEO, Director | Sep 1, 2026 | Sale(10b5-1 plan) | −118 | $281.74 | $33.25K | 118,329 |
| Rafael Santana President and CEO, Director | Sep 1, 2026 | Sale(10b5-1 plan) | −194 | $280.86 | $54.49K | 118,447 |
| Rafael Santana President and CEO, Director | Sep 1, 2026 | Sale(10b5-1 plan) | −590 | $279.87 | $165.12K | 118,641 |
| Rafael Santana President and CEO, Director | Sep 1, 2026 | Sale(10b5-1 plan) | −194 | $278.93 | $54.11K | 119,231 |
| Rogerio Mendonca President, Equipment Group | Aug 21, 2026 | Sale | −9 | $296.24 | $2.67K | 7,968 |
| Rogerio Mendonca President, Equipment Group | Aug 21, 2026 | Sale | −2,910 | $297.05 | $864.42K | 7,977 |
| Michael Fetsko Pres., Freight Components Grp. | Aug 20, 2026 | Sale | −288 | $293.84 | $84.63K | 37,380 |
| Michael Fetsko Pres., Freight Components Grp. | Aug 20, 2026 | Sale | −2,962 | $293.16 | $868.34K | 37,668 |
| Gregory Sbrocco EVP Operations | Aug 17, 2026 | Sale(10b5-1 plan) | −952 | $300.00 | $285.60K | 21,043 |
| Rafael Santana President and CEO, Director | Aug 5, 2026 | Sale(10b5-1 plan) | −397 | $296.14 | $117.57K | 120,191 |
| Rafael Santana President and CEO, Director | Aug 5, 2026 | Sale(10b5-1 plan) | −518 | $297.05 | $153.87K | 119,673 |
| Rafael Santana President and CEO, Director | Aug 5, 2026 | Sale(10b5-1 plan) | −194 | $298.26 | $57.86K | 119,479 |
| Rafael Santana President and CEO, Director | Aug 5, 2026 | Sale(10b5-1 plan) | −54 | $298.85 | $16.14K | 119,425 |
| Rafael Santana President and CEO, Director | Aug 4, 2026 | Sale(10b5-1 plan) | −629 | $299.70 | $188.51K | 120,588 |
| Rafael Santana President and CEO, Director | Aug 4, 2026 | Sale(10b5-1 plan) | −334 | $298.90 | $99.83K | 121,217 |
| Rafael Santana President and CEO, Director | Aug 4, 2026 | Sale(10b5-1 plan) | −120 | $297.68 | $35.72K | 121,551 |
| Rafael Santana President and CEO, Director | Aug 4, 2026 | Sale(10b5-1 plan) | −80 | $296.46 | $23.72K | 121,671 |
| Eric Gebhardt Chief Technology Officer | Jul 24, 2026 | Sale | −1,107 | $297.39 | $329.21K | 25,146 |
| Eric Gebhardt Chief Technology Officer | Jul 24, 2026 | Sale | −2,353 | $299.69 | $705.17K | 20,753 |
| Eric Gebhardt Chief Technology Officer | Jul 24, 2026 | Sale | −1,600 | $300.49 | $480.78K | 19,153 |
| Eric Gebhardt Chief Technology Officer | Jul 24, 2026 | Sale | −2,040 | $298.86 | $609.67K | 23,106 |
| David L. DeNinno Exec VP, General Counsel, Sec. | Jul 24, 2026 | Sale | −3,000 | $301.31 | $903.93K | 55,128 |
| Sameer Gaur Pres., Global Freight Services | Jul 24, 2026 | Sale | −1,000 | $300.64 | $300.64K | 10,985 |
| Rafael Santana President and CEO, Director | Jul 7, 2026 | Sale(10b5-1 plan) | −257 | $259.12 | $66.59K | 121,751 |
| Rafael Santana President and CEO, Director | Jul 7, 2026 | Sale(10b5-1 plan) | −283 | $258.37 | $73.12K | 122,008 |
| Rafael Santana President and CEO, Director | Jul 7, 2026 | Sale(10b5-1 plan) | −189 | $256.50 | $48.48K | 122,291 |
| Rafael Santana President and CEO, Director | Jul 7, 2026 | Sale(10b5-1 plan) | −147 | $255.60 | $37.57K | 122,480 |
| Rafael Santana President and CEO, Director | Jul 7, 2026 | Sale(10b5-1 plan) | −287 | $254.34 | $73.00K | 122,627 |
| Rafael Santana President and CEO, Director | Jul 6, 2026 | Sale(10b5-1 plan) | −184 | $263.68 | $48.52K | 122,914 |
| Rafael Santana President and CEO, Director | Jul 6, 2026 | Sale(10b5-1 plan) | −164 | $262.81 | $43.10K | 123,098 |
| Rafael Santana President and CEO, Director | Jul 6, 2026 | Sale(10b5-1 plan) | −815 | $261.55 | $213.16K | 123,262 |
| Nicole B. Theophilus EVP & Chief Admin. Officer | Jul 1, 2026 | Award | +2,192 | – | – | 23,599 |
| Sameer Gaur Pres., Global Freight Services | Jun 12, 2026 | Sale | −1,082 | $263.50 | $285.11K | 11,985 |
| Rafael Santana President and CEO, Director | Jun 8, 2026 | Sale(10b5-1 plan) | −193 | $261.81 | $50.53K | 124,348 |
| Rafael Santana President and CEO, Director | Jun 8, 2026 | Sale(10b5-1 plan) | −299 | $260.80 | $77.98K | 124,541 |
| Rafael Santana President and CEO, Director | Jun 8, 2026 | Sale(10b5-1 plan) | −400 | $259.66 | $103.86K | 124,840 |
| Rafael Santana President and CEO, Director | Jun 8, 2026 | Sale(10b5-1 plan) | −20 | $263.76 | $5.28K | 124,077 |
| Rafael Santana President and CEO, Director | Jun 8, 2026 | Sale(10b5-1 plan) | −251 | $262.83 | $65.97K | 124,097 |
| Rafael Santana President and CEO, Director | Jun 5, 2026 | Sale(10b5-1 plan) | −79 | $263.72 | $20.83K | 125,240 |
| Rafael Santana President and CEO, Director | Jun 5, 2026 | Sale(10b5-1 plan) | −160 | $262.99 | $42.08K | 125,319 |
| Rafael Santana President and CEO, Director | Jun 5, 2026 | Sale(10b5-1 plan) | −378 | $261.85 | $98.98K | 125,479 |
| Rafael Santana President and CEO, Director | Jun 5, 2026 | Sale(10b5-1 plan) | −546 | $260.83 | $142.41K | 125,857 |
| Linda S. Harty Director | May 13, 2026 | Award | +765 | – | – | 12,482 |
| Beverley A. Babcock Director | May 13, 2026 | Award | +765 | – | – | 4,740 |
| Brian Hehir Director | May 13, 2026 | Award | +765 | – | – | 21,406 |
| Lee C. Banks Director | May 13, 2026 | Award | +765 | – | – | 13,598 |
| Juan R. Perez Director | May 13, 2026 | Award | +765 | – | – | 2,011 |
| Ann R. Klee Director | May 13, 2026 | Award | +765 | – | – | 12,574 |
| Byron S. Foster Director | May 13, 2026 | Award | +765 | – | – | 8,219 |
| Gregory Sbrocco EVP Operations | May 5, 2026 | Other | −3,727 | $263.44 | $981.84K | 21,995 |
| Gregory Sbrocco EVP Operations | May 5, 2026 | Option exercise | +3,727 | – | – | 25,722 |
| David L. DeNinno Exec VP, General Counsel, Sec. | May 5, 2026 | Sale | −2,500 | $265.48 | $663.70K | 58,128 |
| Rafael Santana President and CEO, Director | May 5, 2026 | Sale(10b5-1 plan) | −344 | $266.12 | $91.55K | 126,403 |
| Rafael Santana President and CEO, Director | May 5, 2026 | Sale(10b5-1 plan) | −300 | $265.27 | $79.58K | 126,747 |
| Rafael Santana President and CEO, Director | May 5, 2026 | Sale(10b5-1 plan) | −202 | $263.34 | $53.19K | 127,364 |
| Rafael Santana President and CEO, Director | May 5, 2026 | Sale(10b5-1 plan) | −317 | $264.21 | $83.75K | 127,047 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Santana Rafael Officer | Sep 1, 2026 | 6,531 | $1.83M | Sep 1, 2026 | Acquired as compensation -- Restricted Stock Units |
| Guimaraes Mendonca Rogerio Officer | Aug 21, 2026 | 2,910 | $864.43K | Aug 21, 2026 | Performance Stock Units |
| E. Fetsko Michael Officer | Aug 20, 2026 | 3,250 | $952.96K | Aug 20, 2026 | Performance Stock Units |
| Gregory Sbrocco Officer | Aug 17, 2026 | 952 | $285.60K | Aug 17, 2026 | RSU GRANT |
| Santana Rafael Officer | Aug 4, 2026 | 2,326 | $695.64K | Aug 4, 2026 | Acquired as compensation -- Restricted Stock Awards |
| L. Deninno David Officer | Jul 24, 2026 | 3,000 | $903.92K | Jul 24, 2026 | Performance Stock Units |
| Gebhardt Eric Officer | Jul 24, 2026 | 7,100 | $2.12M | Jul 24, 2026 | Restricted Stock Vesting Under a Registered Plan |
| Gaur Sameer Officer | Jul 24, 2026 | 1,000 | $300.64K | Jul 24, 2026 | Performance Stock Units |
| Gaur Sameer Officer | Jun 12, 2026 | 1,082 | $285.11K | Jun 12, 2026 | Performance Stock Units |
| Gregory Sbrocco Officer | May 5, 2026 | 3,727 | $981.81K | May 5, 2026 | Vesting of Performance Restricted Stock Units |
| L. Deninno David Officer | May 5, 2026 | 2,500 | $663.69K | May 5, 2026 | Restricted stock vesting under a registered plan |
| Santana Rafael Officer | May 4, 2026 | 6,978 | $1.83M | May 4, 2026 | Acquired As Compensation - Restricted Stock Awards |
| Santana Rafael Officer | Apr 14, 2026 | 60,852 | $16.33M | Apr 14, 2026 | Acquired as compensation -- Performance Awards |
| Trombley Gina Officer | Mar 12, 2026 | 4,013 | $970.62K | Mar 12, 2026 | Performance Shares |
| Santana Rafael Officer | Mar 9, 2026 | 2,326 | $574.52K | Mar 9, 2026 | Acquired as compensation -- Restricted Stock Awards |