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 September 09th, the Representative disclosed that they had sold between $100,001 and $250,000 in Wabtec stock on August 25th.

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

• Sold $100,001 – $250,000 in shares of Viking (NYSE:VIK) on 8/25/2026.
• Sold $100,001 – $250,000 in shares of Trimble (NASDAQ:TRMB) on 8/25/2026.
• Sold $100,001 – $250,000 in shares of Transdigm Group (NYSE:TDG) on 8/25/2026.
• Sold $15,001 – $50,000 in shares of Tractor Supply (NASDAQ:TSCO) on 8/25/2026.
• Sold $15,001 – $50,000 in shares of Middleby (NASDAQ:MIDD) on 8/25/2026.
• Sold $15,001 – $50,000 in shares of Teledyne Technologies (NYSE:TDY) on 8/25/2026.
• Sold $100,001 – $250,000 in shares of STERIS (NYSE:STE) on 8/25/2026.
• Sold $100,001 – $250,000 in shares of Somnigroup International (NYSE:SGI) on 8/25/2026.
• Sold $100,001 – $250,000 in shares of Signet Jewelers (NYSE:SIG) on 8/25/2026.
• Sold $100,001 – $250,000 in shares of Paychex (NASDAQ:PAYX) on 8/25/2026.

Wabtec Stock Up 1.0%

NYSE WAB traded up $2.70 on Friday, hitting $282.97. 493,254 shares of the company were exchanged, compared to its average volume of 917,156. The company has a current ratio of 1.12, a quick ratio of 0.59 and a debt-to-equity ratio of 0.44. The company has a market cap of $47.80 billion, a PE ratio of 38.03, a PEG ratio of 1.90 and a beta of 0.92. The stock has a fifty day moving average of $284.61 and a 200-day moving average of $268.54. Wabtec has a 12 month low of $184.26 and a 12 month high of $306.64.

Wabtec (NYSE:WAB) last posted its quarterly earnings results on Wednesday, July 22nd. The transportation company reported $2.76 earnings per share for the quarter, beating the consensus estimate of $2.60 by $0.16. Wabtec had a net margin of 10.59% and a return on equity of 15.10%. The firm had revenue of $3.18 billion during the quarter, compared to the consensus estimate of $3.07 billion. During the same period in the previous year, the firm posted $2.27 earnings per share. The business’s revenue was up 17.5% compared to the same quarter last year. Wabtec has set its FY 2026 guidance at 10.600-10.900 EPS. As a group, analysts forecast that Wabtec will post 10.86 earnings per share for the current year.

Wabtec Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Tuesday, August 18th were paid a dividend of $0.31 per share. The ex-dividend date of this dividend was Tuesday, August 18th. This represents a $1.24 annualized dividend and a yield of 0.4%. Wabtec’s dividend payout ratio is currently 16.67%.

Insider Buying and Selling

In other news, VP David Deninno sold 3,000 shares of the firm’s stock in a transaction that occurred on Friday, July 24th. The stock was sold at an average price of $301.31, for a total value of $903,930.00. Following the completion of the transaction, the vice president owned 55,128 shares in the company, valued at $16,610,617.68. This trade represents a 5.16% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Michael Fetsko sold 3,250 shares of Wabtec stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $293.22, for a total value of $952,965.00. Following the sale, the insider owned 37,380 shares in the company, valued at $10,960,563.60. This represents a 8.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 17,628 shares of company stock valued at $5,220,523 in the last 90 days. 0.57% of the stock is owned by company insiders.

Hedge Funds Weigh In On Wabtec

Several institutional investors and hedge funds have recently bought and sold shares of the company. Whipplewood Advisors LLC purchased a new stake in shares of Wabtec in the first quarter worth about $25,000. Meeder Asset Management Inc. bought a new position in shares of Wabtec in the second quarter worth $26,000. Clal Insurance Enterprises Holdings Ltd boosted its stake in Wabtec by 125.9% during the fourth quarter. Clal Insurance Enterprises Holdings Ltd now owns 131 shares of the transportation company’s stock valued at $28,000 after buying an additional 73 shares during the period. Manchester Capital Management LLC grew its position in Wabtec by 122.0% during the fourth quarter. Manchester Capital Management LLC now owns 131 shares of the transportation company’s stock worth $28,000 after buying an additional 72 shares in the last quarter. Finally, Bell Investment Advisors Inc purchased a new position in Wabtec during the second quarter worth about $29,000. 91.69% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on WAB shares. Morgan Stanley boosted their target price on shares of Wabtec from $318.00 to $355.00 and gave the stock an “overweight” rating in a research report on Thursday, July 23rd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Wabtec in a research report on Friday, July 17th. Susquehanna lifted their price target on Wabtec from $305.00 to $340.00 and gave the company a “positive” rating in a research note on Thursday, July 23rd. JPMorgan Chase & Co. boosted their price objective on Wabtec from $300.00 to $315.00 and gave the stock a “neutral” rating in a report on Thursday, July 23rd. Finally, KeyCorp increased their price objective on Wabtec from $308.00 to $340.00 and gave the stock an “overweight” rating in a research note on Thursday, July 23rd. Ten equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $313.36.

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

Westinghouse Air Brake Technologies Corporation, known as Wabtec, is a global provider of equipment, systems, and services for the freight and transit rail industries. The company develops technologies designed to improve the safety, efficiency, reliability, and environmental performance of rail transportation.

Wabtec’s products and services include locomotives and locomotive components, braking systems, rail-control and signaling technologies, digital train-management solutions, and equipment for freight cars and passenger rail vehicles.