Rep. April McClain Delaney Sells Off Shares of Wabtec (NYSE:WAB)

Representative April McClain Delaney (Democratic-Maryland) recently sold shares of Wabtec (NYSE:WAB). In a filing disclosed on July 07th, the Representative disclosed that they had sold between $1,001 and $15,000 in Wabtec stock on June 15th.

Representative April McClain Delaney also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Hubbell (NYSE:HUBB) on 6/17/2026.
• Sold $1,001 – $15,000 in shares of Middleby (NASDAQ:MIDD) on 6/15/2026.
• Sold $1,001 – $15,000 in shares of Corpay (NYSE:CPAY) on 6/12/2026.
• Sold $1,001 – $15,000 in shares of Live Nation Entertainment (NYSE:LYV) on 6/12/2026.
• Sold $1,001 – $15,000 in shares of Middleby (NASDAQ:MIDD) on 6/12/2026.
• Sold $1,001 – $15,000 in shares of Wabtec (NYSE:WAB) on 6/12/2026.
• Sold $1,001 – $15,000 in shares of Core & Main (NYSE:CNM) on 6/12/2026.
• Sold $1,001 – $15,000 in shares of Wabtec (NYSE:WAB) on 6/10/2026.
• Purchased $1,001 – $15,000 in shares of Hubbell (NYSE:HUBB) on 6/9/2026.
• Purchased $1,001 – $15,000 in shares of Hubbell (NYSE:HUBB) on 6/8/2026.

Wabtec Stock Down 0.0%

WAB stock opened at $259.14 on Thursday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.54 and a current ratio of 1.02. Wabtec has a fifty-two week low of $184.26 and a fifty-two week high of $284.91. The firm has a market capitalization of $43.97 billion, a price-to-earnings ratio of 36.65, a PEG ratio of 1.85 and a beta of 0.94. The company’s 50 day moving average price is $264.92 and its 200 day moving average price is $250.99.

Wabtec (NYSE:WAB) last announced its quarterly earnings results on Wednesday, April 22nd. The transportation company reported $2.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.62 by $0.09. Wabtec had a return on equity of 14.52% and a net margin of 10.52%.The company had revenue of $2.95 billion during the quarter, compared to the consensus estimate of $3.08 billion. During the same period in the previous year, the business earned $2.28 EPS. Wabtec’s revenue for the quarter was up 13.0% on a year-over-year basis. Wabtec has set its FY 2026 guidance at 10.250-10.650 EPS. On average, equities research analysts anticipate that Wabtec will post 10.61 EPS for the current fiscal year.

Wabtec Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 3rd. Investors of record on Friday, May 22nd were paid a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend was Friday, May 22nd. Wabtec’s payout ratio is presently 17.54%.

Institutional Trading of Wabtec

A number of institutional investors and hedge funds have recently bought and sold shares of the business. SG Americas Securities LLC boosted its position in Wabtec by 809.6% during the 4th quarter. SG Americas Securities LLC now owns 152,297 shares of the transportation company’s stock valued at $32,508,000 after purchasing an additional 135,553 shares during the period. Nordea Investment Management AB grew its position in shares of Wabtec by 55.5% during the fourth quarter. Nordea Investment Management AB now owns 3,069,340 shares of the transportation company’s stock worth $659,939,000 after acquiring an additional 1,095,083 shares during the last quarter. Nomura Asset Management Co. Ltd. increased its holdings in shares of Wabtec by 5.3% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 85,485 shares of the transportation company’s stock worth $18,247,000 after acquiring an additional 4,266 shares during the period. Exchange Traded Concepts LLC lifted its position in Wabtec by 897.6% in the 4th quarter. Exchange Traded Concepts LLC now owns 15,502 shares of the transportation company’s stock valued at $3,309,000 after purchasing an additional 13,948 shares during the last quarter. Finally, Azzad Asset Management Inc. ADV grew its position in Wabtec by 47.7% in the 4th quarter. Azzad Asset Management Inc. ADV now owns 8,710 shares of the transportation company’s stock worth $1,859,000 after purchasing an additional 2,811 shares during the last quarter. Institutional investors and hedge funds own 91.69% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently commented on WAB shares. Rothschild & Co Redburn upgraded shares of Wabtec from a “neutral” rating to a “buy” rating and upped their price target for the company from $262.00 to $285.00 in a research report on Thursday, March 26th. JPMorgan Chase & Co. decreased their price objective on shares of Wabtec from $290.00 to $280.00 and set a “neutral” rating on the stock in a report on Friday, April 10th. Citigroup upped their target price on shares of Wabtec from $283.00 to $292.00 and gave the stock a “buy” rating in a research report on Thursday, April 9th. Susquehanna reiterated a “positive” rating and set a $305.00 price target on shares of Wabtec in a research report on Thursday, April 23rd. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Wabtec in a research note on Monday, April 20th. Ten analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $289.82.

Insider Buying and Selling

In related news, CEO Rafael Santana sold 1,163 shares of the company’s stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $262.07, for a total value of $304,787.41. Following the sale, the chief executive officer owned 122,914 shares of the company’s stock, valued at $32,212,071.98. The trade was a 0.94% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Sameer Gaur sold 1,082 shares of the company’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $263.50, for a total transaction of $285,107.00. Following the sale, the insider directly owned 11,985 shares in the company, valued at $3,158,047.50. This represents a 8.28% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 66,586 shares of company stock worth $17,867,065. Corporate insiders own 0.57% of the company’s stock.

About Representative McClain Delaney

April McClain-Delaney (Democratic Party) is a member of the U.S. House, representing Maryland’s 6th Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.

McClain-Delaney (Democratic Party) is running for re-election to the U.S. House to represent Maryland’s 6th Congressional District. She declared candidacy for the 2026 election.

April McClain-Delaney grew up in Buhl, Idaho, where her father was a potato farmer. She obtained her bachelor’s degree in communications from Northwestern University in 1986 and her law degree from Georgetown Law Center in 1989. McClain-Delaney worked in communications law, first with the satellite firm Orion Network Systems and later as the Washington director for Common Sense Media, a nonprofit focused on technology and children. In 2022, McClain-Delaney joined the U.S. Department of Commerce under President Joe Biden (D) as deputy assistant secretary for communications and information. McClain-Delaney served on the board of the Georgetown University Law Center, the International Center for Research on Women, and the Northwestern University School of Communications.

Wabtec Company Profile

Wabtec Corporation (Westinghouse Air Brake Technologies Corporation) is a global provider of equipment, systems and services for the rail industry. The company supplies products and solutions to freight railroads, transit agencies and other industrial operators, focusing on technologies that improve the performance, safety and efficiency of locomotives and rail networks. Wabtec’s business spans new equipment manufacturing, aftermarket parts and services, and digital and control systems for rail operations.

Product and service offerings include locomotive systems and components, braking and air systems, propulsion and traction equipment, signaling and control technologies, and a range of aftermarket services such as maintenance, remanufacturing, parts distribution and fleet modernization.