Sen. Tommy Tuberville Unloads 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 Trading Down 0.8%

WAB traded down $2.04 during trading on Friday, hitting $261.85. 835,237 shares of the stock were exchanged, compared to its average volume of 750,195. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.54 and a current ratio of 1.02. The firm has a 50 day simple moving average of $264.30 and a 200 day simple moving average of $252.83. The firm has a market cap of $44.43 billion, a price-to-earnings ratio of 37.04, a P/E/G ratio of 1.88 and a beta of 0.94. Wabtec has a 1 year low of $184.26 and a 1 year high of $284.91.

Wabtec (NYSE:WAB) last issued its earnings results 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. The business had revenue of $2.95 billion during the quarter, compared to analysts’ expectations of $3.08 billion. Wabtec had a return on equity of 14.52% and a net margin of 10.52%.The business’s revenue for the quarter was up 13.0% compared to the same quarter last year. During the same period in the prior year, the business earned $2.28 EPS. Wabtec has set its FY 2026 guidance at 10.250-10.650 EPS. As a group, equities analysts expect that Wabtec will post 10.64 EPS for the current year.

Wabtec Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Tuesday, August 18th will be issued a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 0.5%. The ex-dividend date is Tuesday, August 18th. Wabtec’s dividend payout ratio (DPR) is presently 17.54%.

Analysts Set New Price Targets

WAB has been the topic of several recent research reports. Susquehanna reiterated a “positive” rating and set a $305.00 target price on shares of Wabtec in a report on Thursday, April 23rd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Wabtec in a research report on Monday, April 20th. Citigroup dropped their price objective on shares of Wabtec from $313.00 to $311.00 and set a “buy” rating on the stock in a research note on Monday, July 13th. JPMorgan Chase & Co. lifted their price objective on shares of Wabtec from $290.00 to $300.00 and gave the company a “neutral” rating in a report on Monday, July 13th. Finally, Wolfe Research reissued an “outperform” rating and issued a $303.00 price objective on shares of Wabtec in a research note on Thursday, April 23rd. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $293.36.

Insider Activity

In other Wabtec news, insider Sameer Gaur sold 1,082 shares of the business’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $263.50, for a total transaction of $285,107.00. Following the sale, the insider 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Rafael Santana sold 1,163 shares of the firm’s stock in a transaction dated Monday, July 6th. The stock was sold at an average price of $262.07, for a total value of $304,787.41. Following the completion of the transaction, the chief executive officer 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 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 have sold 5,734 shares of company stock worth $1,504,571. Company insiders own 0.57% of the company’s stock.

Institutional Trading of Wabtec

Hedge funds have recently modified their holdings of the company. Guggenheim Capital LLC increased its holdings in shares of Wabtec by 7.4% during the second quarter. Guggenheim Capital LLC now owns 4,938 shares of the transportation company’s stock valued at $1,034,000 after acquiring an additional 342 shares in the last quarter. Bank of Nova Scotia grew its position in Wabtec by 0.5% during the 2nd quarter. Bank of Nova Scotia now owns 17,890 shares of the transportation company’s stock worth $3,745,000 after purchasing an additional 97 shares during the last quarter. Nebula Research & Development LLC raised its holdings in shares of Wabtec by 208.7% in the second quarter. Nebula Research & Development LLC now owns 5,386 shares of the transportation company’s stock worth $1,128,000 after buying an additional 3,641 shares during the last quarter. Treasurer of the State of North Carolina lifted its stake in shares of Wabtec by 11.6% during the second quarter. Treasurer of the State of North Carolina now owns 92,097 shares of the transportation company’s stock worth $19,281,000 after buying an additional 9,545 shares during the period. Finally, Ieq Capital LLC grew its holdings in shares of Wabtec by 19.2% during the second quarter. Ieq Capital LLC now owns 30,352 shares of the transportation company’s stock valued at $6,354,000 after buying an additional 4,889 shares during the last quarter. 91.69% of the stock is owned by hedge funds and other institutional investors.

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.