Barclays PLC Has $73.58 Million Stock Position in Wabtec $WAB

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Barclays PLC reduced its stake in Wabtec (NYSE:WAB) by 40.7% in the third quarter, holding 367,054 shares valued at $73.58 million. Despite this reduction, other institutional investors increased their holdings, with 91.69% of the stock owned by institutional investors and hedge funds. Analysts maintain a “Moderate Buy” consensus rating for Wabtec with a price target of $269.00, following strong earnings and a recently increased dividend.

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