Sen. Tommy Tuberville Sells Off Shares of Wabtec (NYSE:WAB)

Senator Tommy Tuberville (Republican-Alabama) recently sold shares of Wabtec (NYSE:WAB). In a filing disclosed on July 16th, the Senator disclosed that they had sold between $1,001 and $15,000 in Wabtec stock on June 9th.

Senator Tommy Tuberville also recently made the following trade(s):

• Sold $15,001 – $50,000 in shares of American Water Works (NYSE:AWK) on 6/8/2026.
• Sold $15,001 – $50,000 in shares of CSX (NASDAQ:CSX) on 6/8/2026.
• Sold $15,001 – $50,000 in shares of Duke Energy (NYSE:DUK) on 6/8/2026.
• Sold $15,001 – $50,000 in shares of Lockheed Martin (NYSE:LMT) on 6/8/2026.
• Sold $15,001 – $50,000 in shares of Mastercard (NYSE:MA) on 6/8/2026.
• Sold $15,001 – $50,000 in shares of NextEra Energy (NYSE:NEE) on 6/8/2026.
• Sold $15,001 – $50,000 in shares of Pfizer (NYSE:PFE) on 6/8/2026.
• Sold $15,001 – $50,000 in shares of Procter & Gamble (NYSE:PG) on 6/8/2026.
• Sold $1,001 – $15,000 in shares of Tractor Supply (NASDAQ:TSCO) on 6/8/2026.

Wabtec Stock Down 0.8%

Shares of NYSE:WAB traded down $2.04 on Friday, reaching $261.85. The company had a trading volume of 835,237 shares, compared to its average volume of 750,195. The firm has a market capitalization of $44.43 billion, a PE ratio of 37.04, a PEG ratio of 1.88 and a beta of 0.94. The company has a current ratio of 1.02, a quick ratio of 0.54 and a debt-to-equity ratio of 0.42. Wabtec has a 52-week low of $184.26 and a 52-week high of $284.91. The firm’s 50 day simple moving average is $264.30 and its 200-day simple moving average is $252.83.

Wabtec (NYSE:WAB) last issued its quarterly earnings data on Wednesday, April 22nd. The transportation company reported $2.71 earnings per share for the quarter, beating analysts’ consensus estimates of $2.62 by $0.09. The company had revenue of $2.95 billion for the quarter, compared to the consensus estimate of $3.08 billion. Wabtec had a return on equity of 14.52% and a net margin of 10.52%.The firm’s revenue for the quarter was up 13.0% compared to the same quarter last year. During the same quarter last year, the company earned $2.28 earnings per share. Wabtec has set its FY 2026 guidance at 10.250-10.650 EPS. As a group, analysts expect that Wabtec will post 10.64 earnings per share for the current fiscal year.

Wabtec Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Tuesday, August 18th will be issued a $0.31 dividend. The ex-dividend date is Tuesday, August 18th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 0.5%. Wabtec’s dividend payout ratio (DPR) is currently 17.54%.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the stock. Wolfe Research reaffirmed an “outperform” rating and issued a $303.00 price objective on shares of Wabtec in a research report on Thursday, April 23rd. Citigroup decreased their target price on shares of Wabtec from $313.00 to $311.00 and set a “buy” rating for the company in a research report on Monday, July 13th. Stephens upgraded shares of Wabtec to a “strong-buy” rating in a research note on Wednesday, July 8th. JPMorgan Chase & Co. lifted their price target on shares of Wabtec from $290.00 to $300.00 and gave the stock a “neutral” rating in a report on Monday, July 13th. Finally, Rothschild & Co Redburn upgraded Wabtec from a “neutral” rating to a “buy” rating and increased their price objective for the company from $262.00 to $285.00 in a report on Thursday, March 26th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $293.36.

Hedge Funds Weigh In On Wabtec

Several hedge funds and other institutional investors have recently modified their holdings of the stock. SG Americas Securities LLC raised its stake in Wabtec by 809.6% in the 4th quarter. SG Americas Securities LLC now owns 152,297 shares of the transportation company’s stock worth $32,508,000 after acquiring an additional 135,553 shares during the last quarter. Nordea Investment Management AB increased its holdings in shares of Wabtec by 55.5% in the fourth quarter. Nordea Investment Management AB now owns 3,069,340 shares of the transportation company’s stock valued at $659,939,000 after purchasing an additional 1,095,083 shares during the period. Nomura Asset Management Co. Ltd. increased its holdings in shares of Wabtec by 5.3% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 85,485 shares of the transportation company’s stock valued at $18,247,000 after purchasing an additional 4,266 shares during the period. Azzad Asset Management Inc. ADV raised its stake in shares of Wabtec by 47.7% in the fourth 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. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Wabtec by 24,274.4% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 323,936 shares of the transportation company’s stock worth $69,144,000 after purchasing an additional 322,607 shares during the period. 91.69% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Wabtec news, insider Sameer Gaur sold 1,082 shares of Wabtec stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $263.50, for a total transaction of $285,107.00. Following the completion of the sale, the insider directly owned 11,985 shares in the company, valued at approximately $3,158,047.50. The trade was a 8.28% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Rafael Santana sold 1,163 shares of the company’s stock in a transaction on Monday, July 6th. The shares were sold at an average price of $262.07, for a total transaction of $304,787.41. Following the completion of the sale, the chief executive officer directly owned 122,914 shares in the company, valued at $32,212,071.98. This trade represents a 0.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 5,734 shares of company stock worth $1,504,571. 0.57% of the stock is owned by insiders.

About Senator Tuberville

Tommy Tuberville (Republican Party) (also known as Coach) is a member of the U.S. Senate from Alabama. He assumed office on January 3, 2021. His current term ends on January 3, 2027. Tuberville (Republican Party) ran for election to the U.S. Senate to represent Alabama. He won in the general election on November 3, 2020. Tuberville was head coach for several college football teams between 1995 and 2016, including at Auburn University and the University of Cincinnati. Tommy Tuberville was born in Camden, Arkansas, and lives in Auburn, Alabama. Tuberville’s career experience includes working as a studio analyst with ESPN and as the head football coach of the University of Mississippi, the University of Auburn, Texas Tech University, and the University of Cincinnati.

About Wabtec

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.