Rep. April McClain Delaney Sells Off Shares of Wabtec (NYSE:WAB)

Key Points

• Rep. April McClain Delaney sold Wabtec shares valued between $15,001 and $50,000 on August 3, and separately sold $100,001–$250,000 of Wabtec stock on August 25, along with shares of several other companies.
• Wabtec reported stronger-than-expected quarterly results, with EPS of $2.76 versus a $2.60 estimate and revenue of $3.18 billion, up 17.5% year over year. The company issued fiscal 2026 EPS guidance of $10.60–$10.90.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $313.36, while Wabtec pays a quarterly dividend of $0.31 per share, equivalent to a 0.4% annual yield.

Representative April McClain Delaney (Democratic-Maryland) recently sold shares of Wabtec NYSE: WAB. In a filing disclosed on September 09th, the Representative disclosed that they had sold between $15,001 and $50,000 in Wabtec stock on August 3rd.

Representative April McClain Delaney also recently made the following trade(s):

• Sold $100,001 - $250,000 in shares of Wabtec NYSE: WAB on 8/25/2026.
• Sold $100,001 - $250,000 in shares of Viking NYSE: VIK on 8/25/2026.
• Sold $100,001 - $250,000 in shares of Trimble NASDAQ: TRMB on 8/25/2026.
• Sold $100,001 - $250,000 in shares of Transdigm Group NYSE: TDG on 8/25/2026.
• Sold $15,001 - $50,000 in shares of Tractor Supply NASDAQ: TSCO on 8/25/2026.
• Sold $15,001 - $50,000 in shares of Middleby NASDAQ: MIDD on 8/25/2026.
• Sold $15,001 - $50,000 in shares of Teledyne Technologies NYSE: TDY on 8/25/2026.
• Sold $100,001 - $250,000 in shares of STERIS NYSE: STE on 8/25/2026.
• Sold $100,001 - $250,000 in shares of Somnigroup International NYSE: SGI on 8/25/2026.
• Sold $100,001 - $250,000 in shares of Signet Jewelers NYSE: SIG on 8/25/2026.

Wabtec Trading Down 0.0%

Shares of WAB stock opened at $280.42 on Friday. The company has a market cap of $47.37 billion, a P/E ratio of 37.69, a PEG ratio of 1.90 and a beta of 0.92. The stock has a 50 day simple moving average of $284.61 and a two-hundred day simple moving average of $268.54. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.59 and a current ratio of 1.12. Wabtec has a fifty-two week low of $184.26 and a fifty-two week high of $306.64.

Wabtec (NYSE:WAB - Get Free Report) last posted its quarterly earnings results on Wednesday, July 22nd. The transportation company reported $2.76 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.60 by $0.16. The firm had revenue of $3.18 billion for the quarter, compared to analysts' expectations of $3.07 billion. Wabtec had a return on equity of 15.10% and a net margin of 10.59%.The company's revenue for the quarter was up 17.5% compared to the same quarter last year. During the same period in the prior year, the business earned $2.27 EPS. Wabtec has set its FY 2026 guidance at 10.600-10.900 EPS. Research analysts forecast that Wabtec will post 10.86 earnings per share for the current year.

Wabtec Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Tuesday, August 18th were paid a dividend of $0.31 per share. The ex-dividend date of this dividend was Tuesday, August 18th. This represents a $1.24 annualized dividend and a yield of 0.4%. Wabtec's dividend payout ratio (DPR) is currently 16.67%.

Wall Street Analysts Forecast Growth

WAB has been the subject of several research reports. Weiss Ratings restated a "buy (b)" rating on shares of Wabtec in a research note on Friday, July 17th. Wall Street Zen downgraded Wabtec from a "buy" rating to a "hold" rating in a research note on Sunday, August 2nd. JPMorgan Chase & Co. increased their price target on Wabtec from $300.00 to $315.00 and gave the stock a "neutral" rating in a report on Thursday, July 23rd. Wells Fargo & Company raised their price objective on Wabtec from $284.00 to $315.00 and gave the company an "equal weight" rating in a research note on Thursday, July 23rd. Finally, Susquehanna upped their target price on Wabtec from $305.00 to $340.00 and gave the stock a "positive" rating in a research report on Thursday, July 23rd. Ten investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $313.36.

Institutional Trading of Wabtec

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Whipplewood Advisors LLC bought a new position in Wabtec during the 1st quarter valued at $25,000. Meeder Asset Management Inc. purchased a new position in Wabtec during the second quarter worth about $26,000. Clal Insurance Enterprises Holdings Ltd grew its position in Wabtec by 125.9% in the 4th 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 in the last quarter. Manchester Capital Management LLC increased 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 buying an additional 72 shares during the last quarter. Finally, Bell Investment Advisors Inc purchased a new stake in Wabtec in the 2nd quarter valued at about $29,000. 91.69% of the stock is owned by institutional investors.

Insider Activity

In other news, CTO Eric Gebhardt sold 7,100 shares of the business's stock in a transaction that occurred on Friday, July 24th. The stock was sold at an average price of $299.27, for a total value of $2,124,817.00. Following the transaction, the chief technology officer owned 19,153 shares in the company, valued at $5,731,918.31. The trade was a 27.04% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Sameer Gaur sold 1,000 shares of the stock in a transaction that occurred on Friday, July 24th. The shares were sold at an average price of $300.64, for a total value of $300,640.00. Following the sale, the insider directly owned 10,985 shares of the company's stock, valued at $3,302,530.40. The trade was a 8.34% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 17,628 shares of company stock worth $5,220,523. Corporate insiders own 0.57% 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.

Wabtec Company Profile

Westinghouse Air Brake Technologies Corporation, known as Wabtec, is a global provider of equipment, systems, and services for the freight and transit rail industries. The company develops technologies designed to improve the safety, efficiency, reliability, and environmental performance of rail transportation.

Wabtec's products and services include locomotives and locomotive components, braking systems, rail-control and signaling technologies, digital train-management solutions, and equipment for freight cars and passenger rail vehicles.

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