Rep. Gilbert Ray Cisneros, Jr. Sells Westinghouse Air Brake Technologies Co. (NYSE:WAB) Shares

Representative Gilbert Ray Cisneros, Jr. (D-California) recently sold shares of Westinghouse Air Brake Technologies Co. (NYSE:WAB). In a filing disclosed on February 11th, the Representative disclosed that they had sold between $1,001 and $15,000 in Westinghouse Air Brake Technologies stock on January 7th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of ICF International (NASDAQ:ICFI) on 2/3/2025.
• Purchased $15,001 – $50,000 in shares of CACI International (NYSE:CACI) on 1/31/2025.
• Purchased $50,001 – $100,000 in shares of Hawaiian Electric Industries (NYSE:HE) on 1/31/2025.
• Sold $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 1/30/2025.
• Purchased $1,001 – $15,000 in shares of Intuitive Surgical (NASDAQ:ISRG) on 1/30/2025.
• Purchased $1,001 – $15,000 in shares of Agios Pharmaceuticals (NASDAQ:AGIO) on 1/29/2025.
• Purchased $1,001 – $15,000 in shares of SpringWorks Therapeutics (NASDAQ:SWTX) on 1/29/2025.
• Purchased $1,001 – $15,000 in shares of Paragon 28 (NYSE:FNA) on 1/29/2025.
• Purchased $1,001 – $15,000 in shares of U.S. Physical Therapy (NYSE:USPH) on 1/29/2025.
• Purchased $1,001 – $15,000 in shares of Crinetics Pharmaceuticals (NASDAQ:CRNX) on 1/29/2025.

Westinghouse Air Brake Technologies Price Performance

Shares of NYSE:WAB opened at $196.52 on Friday. Westinghouse Air Brake Technologies Co. has a one year low of $131.33 and a one year high of $210.88. The stock has a fifty day moving average of $199.00 and a 200-day moving average of $186.08. The company has a market capitalization of $33.78 billion, a PE ratio of 32.75, a price-to-earnings-growth ratio of 1.33 and a beta of 1.27. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.65 and a current ratio of 1.30.

Westinghouse Air Brake Technologies (NYSE:WAB) last announced its quarterly earnings data on Wednesday, February 12th. The transportation company reported $1.68 EPS for the quarter, missing analysts’ consensus estimates of $1.74 by ($0.06). Westinghouse Air Brake Technologies had a net margin of 10.25% and a return on equity of 12.52%. As a group, equities analysts anticipate that Westinghouse Air Brake Technologies Co. will post 7.6 EPS for the current fiscal year.

Westinghouse Air Brake Technologies Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 7th. Stockholders of record on Friday, February 21st will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.51%. The ex-dividend date is Friday, February 21st. This is an increase from Westinghouse Air Brake Technologies’s previous quarterly dividend of $0.20. Westinghouse Air Brake Technologies’s dividend payout ratio is 13.33%.

Analyst Ratings Changes

WAB has been the subject of a number of recent research reports. Bank of America increased their price objective on Westinghouse Air Brake Technologies from $225.00 to $226.00 and gave the company a “buy” rating in a research report on Wednesday, January 15th. Susquehanna increased their target price on Westinghouse Air Brake Technologies from $190.00 to $220.00 and gave the company a “positive” rating in a report on Monday, October 21st. The Goldman Sachs Group increased their target price on Westinghouse Air Brake Technologies from $181.00 to $205.00 and gave the company a “neutral” rating in a report on Thursday, October 24th. KeyCorp increased their target price on Westinghouse Air Brake Technologies from $200.00 to $220.00 and gave the company an “overweight” rating in a report on Wednesday, November 13th. Finally, Stephens restated an “overweight” rating and issued a $220.00 target price on shares of Westinghouse Air Brake Technologies in a report on Thursday. Three investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, Westinghouse Air Brake Technologies has an average rating of “Moderate Buy” and an average price target of $190.38.

Institutional Trading of Westinghouse Air Brake Technologies

Several hedge funds and other institutional investors have recently modified their holdings of WAB. Twin Capital Management Inc. increased its position in Westinghouse Air Brake Technologies by 4.3% during the fourth quarter. Twin Capital Management Inc. now owns 15,832 shares of the transportation company’s stock worth $3,002,000 after buying an additional 647 shares during the last quarter. DnB Asset Management AS increased its position in Westinghouse Air Brake Technologies by 0.9% during the fourth quarter. DnB Asset Management AS now owns 48,101 shares of the transportation company’s stock worth $9,119,000 after buying an additional 414 shares during the last quarter. KLP Kapitalforvaltning AS acquired a new position in Westinghouse Air Brake Technologies during the fourth quarter worth $22,509,000. Hillsdale Investment Management Inc. increased its position in Westinghouse Air Brake Technologies by 3.8% during the fourth quarter. Hillsdale Investment Management Inc. now owns 5,400 shares of the transportation company’s stock worth $1,024,000 after buying an additional 200 shares during the last quarter. Finally, Harvest Fund Management Co. Ltd increased its position in Westinghouse Air Brake Technologies by 114.7% during the fourth quarter. Harvest Fund Management Co. Ltd now owns 3,907 shares of the transportation company’s stock worth $741,000 after buying an additional 2,087 shares during the last quarter. 91.69% of the stock is currently owned by hedge funds and other institutional investors.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

Westinghouse Air Brake Technologies Company Profile

Westinghouse Air Brake Technologies Corporation, together with its subsidiaries, provides technology-based locomotives, equipment, systems, and services for the freight rail and passenger transit industries worldwide. It offers diesel-electric, battery, and liquid natural gas-powered locomotives; engines, electric motors, and propulsion systems; and marine and mining products.