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 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 Stock Up 0.1%

Shares of NYSE WAB opened at $261.50 on Monday. Wabtec has a 52-week low of $184.26 and a 52-week high of $284.91. 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 stock has a market cap of $44.37 billion, a P/E ratio of 36.99, a P/E/G ratio of 1.87 and a beta of 0.94. The firm has a 50 day moving average price of $264.85 and a 200 day moving average price of $251.57.

Wabtec (NYSE:WAB) last posted 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 company had revenue of $2.95 billion for the quarter, compared to analyst estimates of $3.08 billion. Wabtec had a net margin of 10.52% and a return on equity of 14.52%. The business’s revenue for the quarter was up 13.0% compared to the same quarter last year. During the same period last year, the business posted $2.28 earnings per share. Wabtec has set its FY 2026 guidance at 10.250-10.650 EPS. Analysts expect that Wabtec will post 10.61 EPS for the current year.

Wabtec Dividend Announcement

The company also recently disclosed 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. The ex-dividend date was Friday, May 22nd. This represents a $1.24 dividend on an annualized basis and a yield of 0.5%. Wabtec’s payout ratio is currently 17.54%.

Analyst Upgrades and Downgrades

Several brokerages recently commented on WAB. Jefferies Financial Group reaffirmed 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. lowered their price target on Wabtec from $290.00 to $280.00 and set a “neutral” rating for the company in a report on Friday, April 10th. Rothschild & Co Redburn upgraded Wabtec from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $262.00 to $285.00 in a report on Thursday, March 26th. Weiss Ratings reissued a “buy (b)” rating on shares of Wabtec in a research note on Monday, April 20th. Finally, Susquehanna restated a “positive” rating and set a $305.00 target price on shares of Wabtec in a report on Thursday, April 23rd. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, Wabtec currently has an average rating of “Moderate Buy” and an average target price of $289.82.

Insider Activity at Wabtec

In other news, CEO Rafael Santana sold 60,852 shares of Wabtec stock in a transaction that occurred on Tuesday, April 14th. The shares were 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 $34,613,940.81. This trade represents a 32.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Sameer Gaur sold 1,082 shares of the business’s stock in a transaction on Friday, June 12th. The stock was sold at an average price of $263.50, for a total transaction of $285,107.00. Following the completion of the sale, the insider directly owned 11,985 shares in the company, valued at approximately $3,158,047.50. This represents a 8.28% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 66,586 shares of company stock valued at $17,867,065 over the last ninety days. Company insiders own 0.57% of the company’s stock.

Hedge Funds Weigh In On Wabtec

A number of large investors have recently added to or reduced their stakes in the company. Guggenheim Capital LLC lifted its holdings in shares of Wabtec by 7.4% in the second quarter. Guggenheim Capital LLC now owns 4,938 shares of the transportation company’s stock valued at $1,034,000 after purchasing an additional 342 shares in the last quarter. Bank of Nova Scotia raised its position in Wabtec by 0.5% in the 2nd quarter. Bank of Nova Scotia now owns 17,890 shares of the transportation company’s stock valued at $3,745,000 after buying an additional 97 shares during the last quarter. Nebula Research & Development LLC lifted its stake in Wabtec by 208.7% in the 2nd quarter. Nebula Research & Development LLC now owns 5,386 shares of the transportation company’s stock valued at $1,128,000 after acquiring an additional 3,641 shares in the last quarter. Treasurer of the State of North Carolina boosted its position in Wabtec by 11.6% during the 2nd quarter. Treasurer of the State of North Carolina now owns 92,097 shares of the transportation company’s stock worth $19,281,000 after acquiring an additional 9,545 shares during the last quarter. Finally, Ieq Capital LLC boosted its position in Wabtec by 19.2% during the 2nd quarter. Ieq Capital LLC now owns 30,352 shares of the transportation company’s stock worth $6,354,000 after acquiring an additional 4,889 shares during the last quarter. Institutional investors own 91.69% of the company’s stock.

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.

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.