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

Representative April McClain Delaney (Democratic-Maryland) recently sold shares of Wabtec (NYSE:WAB). In a filing disclosed on August 03rd, the Representative disclosed that they had sold between $15,001 and $50,000 in Wabtec stock on July 23rd.

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

• Purchased $15,001 – $50,000 in shares of Life Time Group (NYSE:LTH) on 7/31/2026.
• Purchased $15,001 – $50,000 in shares of Liberty Media Corporation – Liberty Formula One Series C (NASDAQ:FWONK) on 7/31/2026.
• Sold $1,001 – $15,000 in shares of Corpay (NYSE:CPAY) on 7/31/2026.
• Purchased $15,001 – $50,000 in shares of C.H. Robinson Worldwide (NASDAQ:CHRW) on 7/31/2026.
• Sold $1,001 – $15,000 in shares of STERIS (NYSE:STE) on 7/31/2026.
• Purchased $15,001 – $50,000 in shares of Somnigroup International (NYSE:SGI) on 7/30/2026.
• Purchased $1,001 – $15,000 in shares of Entegris (NASDAQ:ENTG) on 7/30/2026.
• Sold $1,001 – $15,000 in shares of Corpay (NYSE:CPAY) on 7/30/2026.
• Purchased $1,001 – $15,000 in shares of Life Time Group (NYSE:LTH) on 7/30/2026.
• Sold $1,001 – $15,000 in shares of Service Corporation International (NYSE:SCI) on 7/30/2026.

Wabtec Trading Down 0.5%

WAB stock traded down $1.60 during midday trading on Wednesday, hitting $297.47. The company had a trading volume of 77,616 shares, compared to its average volume of 925,978. The stock has a market cap of $50.25 billion, a price-to-earnings ratio of 39.98, a PEG ratio of 2.01 and a beta of 0.93. Wabtec has a 52 week low of $184.26 and a 52 week high of $306.64. The company has a current ratio of 1.12, a quick ratio of 0.59 and a debt-to-equity ratio of 0.44. The stock’s 50 day moving average price is $271.26 and its 200 day moving average price is $259.05.

Wabtec (NYSE:WAB) last issued 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. The company had revenue of $3.18 billion for the quarter, compared to the consensus estimate of $3.07 billion. Wabtec had a net margin of 10.59% and a return on equity of 15.10%. The firm’s revenue for the quarter was up 17.5% on a year-over-year basis. During the same period in the previous year, the firm earned $2.27 earnings per share. 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 Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Tuesday, August 18th will be paid a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend is Tuesday, August 18th. Wabtec’s payout ratio is 16.67%.

Hedge Funds Weigh In On Wabtec

A number of institutional investors and hedge funds have recently modified their holdings of the company. Soltis Investment Advisors LLC raised its position in Wabtec by 9.0% in the second quarter. Soltis Investment Advisors LLC now owns 1,115 shares of the transportation company’s stock worth $301,000 after acquiring an additional 92 shares during the period. Quadcap Wealth Management LLC increased its stake in shares of Wabtec by 2.0% in the 2nd quarter. Quadcap Wealth Management LLC now owns 3,100 shares of the transportation company’s stock worth $836,000 after purchasing an additional 62 shares in the last quarter. MGO One Seven LLC raised its holdings in Wabtec by 6.6% in the 2nd quarter. MGO One Seven LLC now owns 3,723 shares of the transportation company’s stock worth $1,004,000 after purchasing an additional 232 shares during the period. Payden & Rygel raised its holdings in Wabtec by 4.2% in the 2nd quarter. Payden & Rygel now owns 24,180 shares of the transportation company’s stock worth $6,519,000 after purchasing an additional 980 shares during the period. Finally, Aberdeen Group plc lifted its position in Wabtec by 13.7% during the second quarter. Aberdeen Group plc now owns 251,025 shares of the transportation company’s stock valued at $67,676,000 after purchasing an additional 30,293 shares in the last quarter. 91.69% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on WAB. Weiss Ratings restated a “buy (b)” rating on shares of Wabtec in a report on Friday, July 17th. KeyCorp lifted their target price on shares of Wabtec from $308.00 to $340.00 and gave the company an “overweight” rating in a research note on Thursday, July 23rd. JPMorgan Chase & Co. lifted their price objective on Wabtec from $300.00 to $315.00 and gave the company a “neutral” rating in a research report on Thursday, July 23rd. Wells Fargo & Company lifted their price target on Wabtec from $284.00 to $315.00 and gave the company an “equal weight” rating in a research report on Thursday, July 23rd. Finally, Susquehanna raised their price objective on Wabtec from $305.00 to $340.00 and gave the company a “positive” rating in a research report on Thursday, July 23rd. Ten research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $310.64.

Insider Buying and Selling

In other Wabtec news, VP David L. Deninno sold 3,000 shares of the company’s stock in a transaction dated Friday, July 24th. The stock was sold at an average price of $301.31, for a total value of $903,930.00. Following the completion of the sale, the vice president owned 55,128 shares in the company, valued at $16,610,617.68. This represents a 5.16% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Sameer Gaur sold 1,000 shares of the company’s stock in a transaction dated Friday, July 24th. The stock was sold at an average price of $300.64, for a total value of $300,640.00. Following the completion of the transaction, the insider directly owned 10,985 shares of the company’s stock, valued at approximately $3,302,530.40. This trade represents a 8.34% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 15,671 shares of company stock worth $4,527,193. Company 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

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.