Rep. April McClain Delaney Unloads 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 4th.

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 Wabtec (NYSE:WAB) on 6/15/2026.
• 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.

Wabtec Trading Down 0.0%

NYSE WAB 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 one year low of $184.26 and a one year high of $284.91. The company has a 50-day simple moving average of $264.92 and a 200-day simple moving average of $250.99. The firm has a market capitalization of $43.97 billion, a PE ratio of 36.65, a price-to-earnings-growth ratio of 1.85 and a beta of 0.94.

Wabtec (NYSE:WAB) last released its quarterly earnings data on Wednesday, April 22nd. The transportation company reported $2.71 earnings per share for the quarter, topping the consensus estimate of $2.62 by $0.09. Wabtec had a net margin of 10.52% and a return on equity of 14.52%. The firm had revenue of $2.95 billion for the quarter, compared to analyst estimates of $3.08 billion. During the same quarter in the prior year, the business earned $2.28 earnings per share. Wabtec’s quarterly revenue 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 analysts forecast that Wabtec will post 10.61 earnings per share for the current year.

Wabtec Announces Dividend

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of WAB. Norges Bank bought a new stake in shares of Wabtec during the fourth quarter valued at about $409,039,000. Price T Rowe Associates Inc. MD grew its position in Wabtec by 20.3% in the 4th 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. Nordea Investment Management AB increased its stake in Wabtec by 55.5% during the 4th quarter. Nordea Investment Management AB now owns 3,069,340 shares of the transportation company’s stock valued at $659,939,000 after buying an additional 1,095,083 shares during the period. Farallon Capital Management LLC raised its position in shares of Wabtec by 68.6% during the 3rd quarter. Farallon Capital Management LLC now owns 2,205,098 shares of the transportation company’s stock worth $442,056,000 after buying an additional 896,900 shares in the last quarter. Finally, Bank of Montreal Can lifted its stake in shares of Wabtec by 360.0% in the 4th quarter. Bank of Montreal Can now owns 885,197 shares of the transportation company’s stock worth $188,945,000 after acquiring an additional 692,773 shares during the period. Institutional investors own 91.69% of the company’s stock.

Insider Activity at Wabtec

In related news, insider Sameer Gaur sold 1,082 shares of the firm’s 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 transaction, the insider owned 11,985 shares in the company, valued at $3,158,047.50. This trade represents a 8.28% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Rafael Santana sold 60,852 shares of the business’s stock in a transaction that occurred on Tuesday, April 14th. The stock was sold at an average price of $268.89, for a total value of $16,362,494.28. Following the sale, the chief executive officer directly owned 128,729 shares in the company, valued at approximately $34,613,940.81. The trade was a 32.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 66,586 shares of company stock valued at $17,867,065 over the last quarter. Insiders own 0.57% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently weighed in on WAB. Susquehanna reiterated a “positive” rating and set a $305.00 price target on shares of Wabtec in a research report on Thursday, April 23rd. Jefferies Financial Group restated a “buy” rating and set a $290.00 price objective (down from $300.00) on shares of Wabtec in a research note on Tuesday, March 31st. JPMorgan Chase & Co. cut their target price on Wabtec from $290.00 to $280.00 and set a “neutral” rating on the stock in a research note on Friday, April 10th. Citigroup boosted their price target on shares of Wabtec from $283.00 to $292.00 and gave the company a “buy” rating in a report on Thursday, April 9th. Finally, Wells Fargo & Company upped their price target on shares of Wabtec from $270.00 to $284.00 and gave the stock an “equal weight” rating in a research report on Thursday, April 23rd. Ten research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, Wabtec presently has a consensus rating of “Moderate Buy” and a consensus target price of $289.82.

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.