Rep. April McClain Delaney Sells Off Shares of Westinghouse Air Brake Technologies Co. (NYSE:WAB)

Representative April McClain Delaney (D-Maryland) recently sold shares of Westinghouse Air Brake Technologies Co. (NYSE:WAB). In a filing disclosed on April 02nd, the Representative disclosed that they had sold between $1,001 and $15,000 in Westinghouse Air Brake Technologies stock on March 25th.

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

• Sold $1,001 – $15,000 in shares of Toro (NYSE:TTC) on 3/20/2025.
• Sold $15,001 – $50,000 in shares of Dayforce (NYSE:DAY) on 3/18/2025.
• Purchased $1,001 – $15,000 in shares of BJ’s Wholesale Club (NYSE:BJ) on 3/17/2025.
• Purchased $1,001 – $15,000 in shares of IDEXX Laboratories (NASDAQ:IDXX) on 3/14/2025.
• Purchased $1,001 – $15,000 in shares of Jones Lang LaSalle (NYSE:JLL) on 3/14/2025.
• Purchased $1,001 – $15,000 in shares of BJ’s Wholesale Club (NYSE:BJ) on 3/14/2025.
• Purchased $1,001 – $15,000 in shares of Corpay (NYSE:CPAY) on 3/13/2025.
• Purchased $1,001 – $15,000 in shares of Jones Lang LaSalle (NYSE:JLL) on 3/10/2025.
• Purchased $1,001 – $15,000 in shares of Markel Group (NYSE:MKL) on 3/10/2025.
• Purchased $15,001 – $50,000 in shares of Markel Group (NYSE:MKL) on 3/7/2025.

Westinghouse Air Brake Technologies Price Performance

Shares of WAB opened at $160.91 on Friday. The firm’s 50-day simple moving average is $188.71 and its two-hundred day simple moving average is $191.37. Westinghouse Air Brake Technologies Co. has a fifty-two week low of $143.22 and a fifty-two week high of $210.88. The stock has a market cap of $27.49 billion, a PE ratio of 26.69, a price-to-earnings-growth ratio of 1.50 and a beta of 1.14. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.69 and a current ratio of 1.30.

Westinghouse Air Brake Technologies (NYSE:WAB) last posted its quarterly earnings results on Wednesday, February 12th. The transportation company reported $1.68 earnings per share for the quarter, missing the consensus estimate of $1.74 by ($0.06). Westinghouse Air Brake Technologies had a return on equity of 12.78% and a net margin of 10.17%. Analysts anticipate that Westinghouse Air Brake Technologies Co. will post 8.54 earnings per share for the current fiscal year.

Westinghouse Air Brake Technologies Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 7th. Investors of record on Friday, February 21st were paid a dividend of $0.25 per share. The ex-dividend date was Friday, February 21st. This represents a $1.00 annualized dividend and a yield of 0.62%. This is a positive change from Westinghouse Air Brake Technologies’s previous quarterly dividend of $0.20. Westinghouse Air Brake Technologies’s payout ratio is presently 16.58%.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on WAB shares. Bank of America lifted their price target on Westinghouse Air Brake Technologies from $225.00 to $226.00 and gave the stock a “buy” rating in a research report on Wednesday, January 15th. Stephens restated an “overweight” rating and set a $220.00 price objective on shares of Westinghouse Air Brake Technologies in a research note on Thursday, February 13th. Finally, StockNews.com downgraded shares of Westinghouse Air Brake Technologies from a “buy” rating to a “hold” rating in a research note on Monday, March 3rd. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $206.33.

Hedge Funds Weigh In On Westinghouse Air Brake Technologies

A number of hedge funds have recently bought and sold shares of WAB. Lord Abbett & CO. LLC purchased a new stake in shares of Westinghouse Air Brake Technologies during the 3rd quarter valued at about $24,630,000. KLP Kapitalforvaltning AS purchased a new stake in Westinghouse Air Brake Technologies in the fourth quarter worth approximately $22,509,000. AGF Management Ltd. bought a new stake in Westinghouse Air Brake Technologies in the 4th quarter worth approximately $10,566,000. Twin Tree Management LP raised its stake in Westinghouse Air Brake Technologies by 108.8% during the 4th quarter. Twin Tree Management LP now owns 2,960 shares of the transportation company’s stock valued at $561,000 after buying an additional 36,435 shares during the last quarter. Finally, Longbow Finance SA purchased a new stake in Westinghouse Air Brake Technologies during the 4th quarter valued at $4,312,000. Hedge funds and other institutional investors own 91.69% of the company’s stock.

Insider Activity

In other Westinghouse Air Brake Technologies news, CEO Rafael Santana sold 886 shares of the stock in a transaction dated Wednesday, April 2nd. The stock was sold at an average price of $185.07, for a total value of $163,972.02. Following the transaction, the chief executive officer now owns 201,558 shares of the company’s stock, valued at approximately $37,302,339.06. This represents a 0.44 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.10% 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 Westinghouse Air Brake Technologies

Westinghouse Air Brake Technologies Corporation, together with its subsidiaries, provides technology-based locomotives, equipment, systems, and services for the freight rail and passenger transit industries worldwide. It offers diesel-electric, battery, and liquid natural gas-powered locomotives; engines, electric motors, and propulsion systems; and marine and mining products.