Westinghouse Air Brake Technologies (NYSE:WAB) Stock Unloaded Rep. April McClain Delaney

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 Trading Down 6.6 %

WAB stock opened at $173.57 on Friday. The company has a current ratio of 1.30, a quick ratio of 0.69 and a debt-to-equity ratio of 0.34. The firm has a market cap of $29.65 billion, a P/E ratio of 28.78, a P/E/G ratio of 1.50 and a beta of 1.31. Westinghouse Air Brake Technologies Co. has a 1-year low of $143.22 and a 1-year high of $210.88. The business’s 50 day moving average is $189.67 and its 200-day moving average is $191.43.

Westinghouse Air Brake Technologies (NYSE:WAB) last issued its earnings results on Wednesday, February 12th. The transportation company reported $1.68 EPS for the quarter, missing the consensus estimate of $1.74 by ($0.06). Westinghouse Air Brake Technologies had a net margin of 10.17% and a return on equity of 12.78%. Equities 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 business also recently disclosed a quarterly dividend, which was paid on Friday, March 7th. Shareholders of record on Friday, February 21st were issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 0.58%. This is an increase from Westinghouse Air Brake Technologies’s previous quarterly dividend of $0.20. The ex-dividend date was Friday, February 21st. Westinghouse Air Brake Technologies’s payout ratio is presently 16.58%.

Insider Buying and Selling

In related news, CEO Rafael Santana sold 886 shares of Westinghouse Air Brake Technologies stock in a transaction on Wednesday, April 2nd. The stock was sold at an average price of $185.07, for a total transaction of $163,972.02. Following the completion of the sale, the chief executive officer now directly owns 201,558 shares of the company’s stock, valued at $37,302,339.06. The trade was a 0.44 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.10% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. iA Global Asset Management Inc. lifted its stake in shares of Westinghouse Air Brake Technologies by 21.5% during the third quarter. iA Global Asset Management Inc. now owns 18,613 shares of the transportation company’s stock valued at $3,383,000 after acquiring an additional 3,288 shares during the period. Longboard Asset Management LP acquired a new position in Westinghouse Air Brake Technologies during the 4th quarter valued at about $252,000. Pacer Advisors Inc. boosted its stake in shares of Westinghouse Air Brake Technologies by 88.8% in the 4th quarter. Pacer Advisors Inc. now owns 31,811 shares of the transportation company’s stock valued at $6,031,000 after purchasing an additional 14,959 shares during the last quarter. Longbow Finance SA acquired a new stake in shares of Westinghouse Air Brake Technologies during the 4th quarter worth approximately $4,312,000. Finally, Lord Abbett & CO. LLC acquired a new stake in shares of Westinghouse Air Brake Technologies during the 3rd quarter worth approximately $24,630,000. 91.69% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

WAB has been the subject of several recent analyst reports. Bank of America raised their price objective on shares of Westinghouse Air Brake Technologies from $225.00 to $226.00 and gave the stock a “buy” rating in a report on Wednesday, January 15th. Stephens reaffirmed an “overweight” rating and set a $220.00 price target on shares of Westinghouse Air Brake Technologies in a report on Thursday, February 13th. Finally, StockNews.com cut Westinghouse Air Brake Technologies from a “buy” rating to a “hold” rating in a report on Monday, March 3rd. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $206.33.

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.

Westinghouse Air Brake Technologies Company Profile

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.