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

Key Points

• Rep. April McClain Delaney sold $100,001–$250,000 of Wabtec shares on August 25, according to a filing disclosed September 9. She also sold holdings in several other companies, including Viking, Trimble, TransDigm, and STERIS.
• Wabtec reported a quarterly earnings beat, with EPS of $2.76 versus the $2.60 consensus and revenue of $3.18 billion, up 17.5% year over year. The company provided fiscal 2026 EPS guidance of $10.60–$10.90 and pays a quarterly dividend of $0.31 per share.
• Analysts remain broadly positive, with a consensus rating of “Moderate Buy” and an average price target of $313.36. Shares recently opened at $280.42, compared with a 52-week range of $184.26 to $306.64.

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 $100,001 and $250,000 in Wabtec stock on August 25th.

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

• 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.
• Sold $100,001 - $250,000 in shares of Paychex NASDAQ: PAYX on 8/25/2026.

Wabtec Stock Performance

Shares of NYSE WAB opened at $280.42 on Friday. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.59 and a current ratio of 1.12. The firm has a market cap of $47.37 billion, a price-to-earnings ratio of 37.69, a P/E/G ratio of 1.90 and a beta of 0.92. The business's 50-day simple moving average is $284.61 and its 200-day simple moving average is $268.54. Wabtec has a 52 week low of $184.26 and a 52 week high of $306.64.

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

Wabtec Announces Dividend

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

Insiders Place Their Bets

In related news, CTO Eric Gebhardt sold 7,100 shares of the business's stock in a transaction dated 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 sale, the chief technology officer directly owned 19,153 shares in the company, valued at approximately $5,731,918.31. The trade was a 27.04% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Rafael Santana sold 1,163 shares of the company's stock in a transaction that occurred on Monday, July 6th. The stock was sold at an average price of $262.07, for a total transaction of $304,787.41. Following the sale, the chief executive officer directly owned 122,914 shares in the company, valued at $32,212,071.98. This trade represents a 0.94% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 17,628 shares of company stock valued at $5,220,523 in the last quarter. 0.57% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

WAB has been the topic of several recent analyst reports. Wells Fargo & Company boosted their target price on shares of Wabtec from $284.00 to $315.00 and gave the company an "equal weight" rating in a research note on Thursday, July 23rd. Citigroup lifted their price target on shares of Wabtec from $311.00 to $341.00 and gave the company a "buy" rating in a report on Thursday, August 13th. KeyCorp boosted their price target on shares of Wabtec from $308.00 to $340.00 and gave the company an "overweight" rating in a research report on Thursday, July 23rd. Morgan Stanley upped their price objective on shares of Wabtec from $318.00 to $355.00 and gave the stock an "overweight" rating in a research note on Thursday, July 23rd. Finally, JPMorgan Chase & Co. raised their price objective on shares of Wabtec from $300.00 to $315.00 and gave the stock a "neutral" rating in a report on Thursday, July 23rd. Ten analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $313.36.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Whipplewood Advisors LLC bought a new stake in Wabtec in the first quarter valued at approximately $25,000. Meeder Asset Management Inc. acquired a new stake in Wabtec during the 2nd quarter worth about $26,000. Clal Insurance Enterprises Holdings Ltd raised its holdings in shares of Wabtec by 125.9% during the fourth quarter. Clal Insurance Enterprises Holdings Ltd now owns 131 shares of the transportation company's stock valued at $28,000 after purchasing an additional 73 shares during the period. Manchester Capital Management LLC grew its stake in Wabtec by 122.0% in the fourth quarter. Manchester Capital Management LLC now owns 131 shares of the transportation company's stock valued at $28,000 after acquiring an additional 72 shares during the period. Finally, Bell Investment Advisors Inc bought a new stake in Wabtec in the 2nd quarter worth about $29,000. 91.69% of the stock is owned by institutional investors and hedge funds.

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

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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