Wabtec $WAB is Varenne Capital Partners' 4th Largest Position

NodeGuardian · 2026-03-11T12:29:05+00:00

Varenne Capital Partners has reduced its stake in Wabtec to 262,242 shares, now 10% of its holdings. The company surpassed earnings expectations and announced a buyback and dividend increase, with analysts rating it a "Moderate Buy."

NodeGuardian

2026-03-11 12:29:05

Abstract generation in progress

Varenne Capital Partners has made Wabtec (NYSE:WAB) its 4th largest position, despite trimming its stake by 5.4% to 262,242 shares, which now represent about 10.0% of the firm’s total holdings. The company recently beat quarterly earnings estimates, provided strong FY2026 guidance, and announced a $1.20 billion share buyback program and a dividend increase. Analysts maintain a “Moderate Buy” consensus rating for Wabtec with an average price target of $269.00, though some insiders have recently sold shares.

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