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

Representative April McClain Delaney (Democratic-Maryland) recently sold shares of Wabtec (NYSE:WAB). In a filing disclosed on August 03rd, the Representative disclosed that they had sold between $1,001 and $15,000 in Wabtec stock on July 28th.

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

  • Purchased $15,001 – $50,000 in shares of Life Time Group (NYSE:LTH) on 7/31/2026.
  • Purchased $15,001 – $50,000 in shares of Liberty Media Corporation – Liberty Formula One Series C (NASDAQ:FWONK) on 7/31/2026.
  • Sold $1,001 – $15,000 in shares of Corpay (NYSE:CPAY) on 7/31/2026.
  • Purchased $15,001 – $50,000 in shares of C.H. Robinson Worldwide (NASDAQ:CHRW) on 7/31/2026.
  • Sold $1,001 – $15,000 in shares of STERIS (NYSE:STE) on 7/31/2026.
  • Purchased $15,001 – $50,000 in shares of Somnigroup International (NYSE:SGI) on 7/30/2026.
  • Purchased $1,001 – $15,000 in shares of Entegris (NASDAQ:ENTG) on 7/30/2026.
  • Sold $1,001 – $15,000 in shares of Corpay (NYSE:CPAY) on 7/30/2026.
  • Purchased $1,001 – $15,000 in shares of Life Time Group (NYSE:LTH) on 7/30/2026.
  • Sold $1,001 – $15,000 in shares of Service Corporation International (NYSE:SCI) on 7/30/2026.

Wabtec Price Performance

Shares of NYSE WAB opened at $299.31 on Wednesday. The stock has a market cap of $50.56 billion, a P/E ratio of 40.23, a P/E/G ratio of 2.01 and a beta of 0.93. The firm’s 50-day simple moving average is $271.26 and its 200 day simple moving average is $259.05. Wabtec has a fifty-two week low of $184.26 and a fifty-two week high of $306.64. The company has a quick ratio of 0.59, a current ratio of 1.12 and a debt-to-equity ratio of 0.44.

Wabtec (NYSE:WABGet Free Report) last released its earnings results on Wednesday, July 22nd. The transportation company reported $2.76 EPS for the quarter, beating the consensus estimate of $2.60 by $0.16. The firm had revenue of $3.18 billion for the quarter, compared to analysts’ expectations of $3.07 billion. Wabtec had a net margin of 10.59% and a return on equity of 15.10%. Wabtec’s quarterly revenue was up 17.5% on a year-over-year basis. During the same quarter last year, the company earned $2.27 EPS. Wabtec has set its FY 2026 guidance at 10.600-10.900 EPS. Equities analysts expect that Wabtec will post 10.86 EPS for the current year.

Wabtec Announces Dividend

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

Insiders Place Their Bets

In other Wabtec news, CTO Eric Gebhardt sold 7,100 shares of the company’s stock in a transaction that occurred on Friday, July 24th. The shares were sold at an average price of $299.27, for a total value of $2,124,817.00. Following the transaction, the chief technology officer owned 19,153 shares in the company, valued at approximately $5,731,918.31. This represents a 27.04% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP David L. Deninno sold 3,000 shares of the stock in a transaction that occurred on Friday, July 24th. The stock was sold at an average price of $301.31, for a total transaction of $903,930.00. Following the completion of the sale, the vice president owned 55,128 shares of the company’s stock, valued at approximately $16,610,617.68. The trade was a 5.16% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 15,671 shares of company stock worth $4,527,193. Insiders own 0.57% of the company’s stock.

Hedge Funds Weigh In On Wabtec

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Norges Bank acquired a new stake in Wabtec during the 4th quarter valued at $409,039,000. Price T Rowe Associates Inc. MD grew its holdings in shares of Wabtec by 20.3% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 7,965,503 shares of the transportation company’s stock valued at $1,700,238,000 after buying an additional 1,344,744 shares in the last quarter. Bank of Montreal Can raised its position in Wabtec by 360.0% during the fourth quarter. Bank of Montreal Can now owns 885,197 shares of the transportation company’s stock valued at $188,945,000 after buying an additional 692,773 shares during the period. UBS Group AG lifted its stake in Wabtec by 194.2% in the 3rd quarter. UBS Group AG now owns 1,033,304 shares of the transportation company’s stock worth $207,146,000 after acquiring an additional 682,048 shares in the last quarter. Finally, Assenagon Asset Management S.A. boosted its position in Wabtec by 288.0% during the 1st quarter. Assenagon Asset Management S.A. now owns 851,733 shares of the transportation company’s stock worth $212,857,000 after acquiring an additional 632,218 shares during the period. Institutional investors and hedge funds own 91.69% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on WAB shares. Susquehanna upped their price target on shares of Wabtec from $305.00 to $340.00 and gave the company a “positive” rating in a report on Thursday, July 23rd. KeyCorp raised their target price on shares of Wabtec from $308.00 to $340.00 and gave the stock an “overweight” rating in a report on Thursday, July 23rd. Wells Fargo & Company upped their price target on Wabtec from $284.00 to $315.00 and gave the company an “equal weight” rating in a report on Thursday, July 23rd. Citigroup decreased their target price on Wabtec from $313.00 to $311.00 and set a “buy” rating on the stock in a report on Monday, July 13th. Finally, Morgan Stanley upped their target price on Wabtec from $318.00 to $355.00 and gave the company an “overweight” rating in a report on Thursday, July 23rd. Ten analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $310.64.

View Our Latest Stock Analysis on WAB

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

(Get Free Report)

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.

Further Reading

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