Rep. Gilbert Ray Cisneros, Jr. Sells Westinghouse Air Brake Technologies Co. (NYSE:WAB) Stock

Representative Gilbert Ray Cisneros, Jr. (D-California) recently sold shares of Westinghouse Air Brake Technologies Co. (NYSE:WAB). In a filing disclosed on February 11th, the Representative disclosed that they had sold between $15,001 and $50,000 in Westinghouse Air Brake Technologies stock on January 13th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of ICF International (NASDAQ:ICFI) on 2/3/2025.
• Purchased $15,001 – $50,000 in shares of CACI International (NYSE:CACI) on 1/31/2025.
• Purchased $50,001 – $100,000 in shares of Hawaiian Electric Industries (NYSE:HE) on 1/31/2025.
• Sold $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 1/30/2025.
• Purchased $1,001 – $15,000 in shares of Intuitive Surgical (NASDAQ:ISRG) on 1/30/2025.
• Purchased $1,001 – $15,000 in shares of Agios Pharmaceuticals (NASDAQ:AGIO) on 1/29/2025.
• Purchased $1,001 – $15,000 in shares of SpringWorks Therapeutics (NASDAQ:SWTX) on 1/29/2025.
• Purchased $1,001 – $15,000 in shares of Paragon 28 (NYSE:FNA) on 1/29/2025.
• Purchased $1,001 – $15,000 in shares of U.S. Physical Therapy (NYSE:USPH) on 1/29/2025.
• Purchased $1,001 – $15,000 in shares of Crinetics Pharmaceuticals (NASDAQ:CRNX) on 1/29/2025.

Westinghouse Air Brake Technologies Stock Performance

Shares of WAB opened at $189.24 on Thursday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.65 and a current ratio of 1.30. The company has a market capitalization of $32.53 billion, a price-to-earnings ratio of 31.54, a PEG ratio of 1.33 and a beta of 1.27. The company’s 50 day simple moving average is $199.13 and its 200 day simple moving average is $186.01. Westinghouse Air Brake Technologies Co. has a 1 year low of $131.33 and a 1 year high of $210.88.

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 analysts’ consensus estimates of $1.74 by ($0.06). Westinghouse Air Brake Technologies had a return on equity of 12.52% and a net margin of 10.25%. On average, sell-side analysts predict that Westinghouse Air Brake Technologies Co. will post 7.6 EPS for the current year.

Westinghouse Air Brake Technologies Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 7th. Investors of record on Friday, February 21st will be paid a dividend of $0.25 per share. This is an increase from Westinghouse Air Brake Technologies’s previous quarterly dividend of $0.20. The ex-dividend date is Friday, February 21st. This represents a $1.00 annualized dividend and a dividend yield of 0.53%. Westinghouse Air Brake Technologies’s dividend payout ratio is presently 16.67%.

Institutional Investors Weigh In On Westinghouse Air Brake Technologies

A number of large investors have recently added to or reduced their stakes in WAB. iA Global Asset Management Inc. grew its holdings in Westinghouse Air Brake Technologies by 21.5% during the 3rd quarter. iA Global Asset Management Inc. now owns 18,613 shares of the transportation company’s stock worth $3,383,000 after acquiring an additional 3,288 shares in the last quarter. Longboard Asset Management LP acquired a new position in Westinghouse Air Brake Technologies during the 4th quarter worth $252,000. Border to Coast Pensions Partnership Ltd grew its holdings in Westinghouse Air Brake Technologies by 4.5% during the 3rd quarter. Border to Coast Pensions Partnership Ltd now owns 201,011 shares of the transportation company’s stock worth $36,431,000 after acquiring an additional 8,575 shares in the last quarter. BNP Paribas Financial Markets grew its holdings in Westinghouse Air Brake Technologies by 5.2% during the 3rd quarter. BNP Paribas Financial Markets now owns 278,729 shares of the transportation company’s stock worth $50,665,000 after acquiring an additional 13,683 shares in the last quarter. Finally, B. Metzler seel. Sohn & Co. Holding AG bought a new position in shares of Westinghouse Air Brake Technologies in the 3rd quarter worth about $7,128,000. 91.69% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

WAB has been the topic of a number of recent analyst reports. Susquehanna increased their price target on shares of Westinghouse Air Brake Technologies from $190.00 to $220.00 and gave the stock a “positive” rating in a research note on Monday, October 21st. Bank of America increased 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 research report on Wednesday, January 15th. KeyCorp increased their price objective on shares of Westinghouse Air Brake Technologies from $200.00 to $220.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 13th. The Goldman Sachs Group increased their price objective on shares of Westinghouse Air Brake Technologies from $181.00 to $205.00 and gave the stock a “neutral” rating in a research report on Thursday, October 24th. Finally, Stephens increased their price objective on shares of Westinghouse Air Brake Technologies from $190.00 to $205.00 and gave the stock an “overweight” rating in a research report on Thursday, October 24th. Three analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $188.50.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

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.