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 10th.
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.
- Purchased $1,001 – $15,000 in shares of Hubbell (NYSE:HUBB) on 6/9/2026.
- Purchased $1,001 – $15,000 in shares of Hubbell (NYSE:HUBB) on 6/8/2026.
Wabtec Stock Down 0.0%
Shares of NYSE WAB opened at $259.14 on Thursday. The firm has a market cap of $43.97 billion, a PE ratio of 36.65, a P/E/G ratio of 1.85 and a beta of 0.94. Wabtec has a 12-month low of $184.26 and a 12-month high of $284.91. The company’s fifty day simple moving average is $264.92 and its 200 day simple moving average is $250.99. The company has a quick ratio of 0.54, a current ratio of 1.02 and a debt-to-equity ratio of 0.42.
Wabtec Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Wednesday, June 3rd. Investors of record on Friday, May 22nd were issued a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was Friday, May 22nd. Wabtec’s payout ratio is presently 17.54%.
Hedge Funds Weigh In On Wabtec
Hedge funds and other institutional investors have recently modified their holdings of the business. Whipplewood Advisors LLC purchased a new stake in shares of Wabtec during the first quarter valued at approximately $25,000. Clal Insurance Enterprises Holdings Ltd boosted its position in Wabtec by 125.9% in the fourth quarter. Clal Insurance Enterprises Holdings Ltd now owns 131 shares of the transportation company’s stock worth $28,000 after purchasing an additional 73 shares during the last quarter. Manchester Capital Management LLC grew its stake in Wabtec by 122.0% in the 4th quarter. Manchester Capital Management LLC now owns 131 shares of the transportation company’s stock valued at $28,000 after purchasing an additional 72 shares during the period. McMillan Office Inc. purchased a new stake in shares of Wabtec during the 4th quarter valued at $31,000. Finally, Reflection Asset Management purchased a new stake in shares of Wabtec during the 4th quarter valued at $35,000. Hedge funds and other institutional investors own 91.69% of the company’s stock.
Insiders Place Their Bets
In related news, CEO Rafael Santana sold 1,163 shares of the business’s stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $262.07, for a total value of $304,787.41. Following the transaction, the chief executive officer directly owned 122,914 shares of the company’s stock, valued at approximately $32,212,071.98. The trade was a 0.94% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Sameer Gaur sold 1,082 shares of the stock in a transaction dated 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 of the company’s stock, valued at approximately $3,158,047.50. The trade was a 8.28% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 66,586 shares of company stock worth $17,867,065 over the last quarter. Company insiders own 0.57% of the company’s stock.
Wall Street Analyst Weigh In
Several research firms have weighed in on WAB. Wells Fargo & Company upped their price objective on shares of Wabtec from $270.00 to $284.00 and gave the stock an “equal weight” rating in a report on Thursday, April 23rd. Stephens raised shares of Wabtec to a “strong-buy” rating in a research report on Wednesday. Rothschild & Co Redburn upgraded shares of Wabtec from a “neutral” rating to a “buy” rating and upped their target price for the stock from $262.00 to $285.00 in a report on Thursday, March 26th. Citigroup upped their price target on Wabtec from $283.00 to $292.00 and gave the stock a “buy” rating in a report on Thursday, April 9th. Finally, Jefferies Financial Group reissued a “buy” rating and issued a $290.00 price target (down from $300.00) on shares of Wabtec in a research report on Tuesday, March 31st. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $289.82.
Check Out 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
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.
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