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

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 $1,001 and $15,000 in Westinghouse Air Brake Technologies stock on January 7th. 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 Down 4.2 %

Shares of NYSE:WAB traded down $8.34 on Friday, reaching $188.14. The company had a trading volume of 1,949,399 shares, compared to its average volume of 817,563. The stock has a market capitalization of $32.34 billion, a P/E ratio of 31.36, a P/E/G ratio of 1.33 and a beta of 1.27. The stock has a 50-day moving average price of $198.65 and a 200 day moving average price of $186.47. Westinghouse Air Brake Technologies Co. has a twelve month low of $132.77 and a twelve month high of $210.88. The company has a quick ratio of 0.65, a current ratio of 1.30 and a debt-to-equity ratio of 0.34.

Westinghouse Air Brake Technologies (NYSE:WAB - Get Free Report) last announced its quarterly 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 10.25% and a return on equity of 12.52%. On average, equities analysts expect that Westinghouse Air Brake Technologies Co. will post 7.6 EPS for the current year.

Westinghouse Air Brake Technologies Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 7th. Shareholders of record on Friday, February 21st will be given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 0.53%. This is an increase from Westinghouse Air Brake Technologies's previous quarterly dividend of $0.20. The ex-dividend date of this dividend is Friday, February 21st. Westinghouse Air Brake Technologies's dividend payout ratio is presently 13.33%.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. Stephens reissued an "overweight" rating and set a $220.00 target price on shares of Westinghouse Air Brake Technologies in a research report on Thursday. Susquehanna increased their target price on Westinghouse Air Brake Technologies from $190.00 to $220.00 and gave the company a "positive" rating in a research note on Monday, October 21st. 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. KeyCorp increased their price objective on Westinghouse Air Brake Technologies from $200.00 to $220.00 and gave the company an "overweight" rating in a research report on Wednesday, November 13th. Finally, The Goldman Sachs Group boosted their target price 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. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $206.33.

Hedge Funds Weigh In On Westinghouse Air Brake Technologies

A number of hedge funds have recently made changes to their positions in the business. Twin Capital Management Inc. raised its stake in shares of Westinghouse Air Brake Technologies by 4.3% in the 4th quarter. Twin Capital Management Inc. now owns 15,832 shares of the transportation company's stock valued at $3,002,000 after buying an additional 647 shares in the last quarter. DnB Asset Management AS increased its position in shares of Westinghouse Air Brake Technologies by 0.9% during the 4th quarter. DnB Asset Management AS now owns 48,101 shares of the transportation company's stock worth $9,119,000 after purchasing an additional 414 shares in the last quarter. KLP Kapitalforvaltning AS acquired a new stake in shares of Westinghouse Air Brake Technologies during the 4th quarter worth about $22,509,000. Hillsdale Investment Management Inc. increased its position in shares of Westinghouse Air Brake Technologies by 3.8% during the 4th quarter. Hillsdale Investment Management Inc. now owns 5,400 shares of the transportation company's stock worth $1,024,000 after purchasing an additional 200 shares in the last quarter. Finally, Harvest Fund Management Co. Ltd increased its position in shares of Westinghouse Air Brake Technologies by 114.7% during the 4th quarter. Harvest Fund Management Co. Ltd now owns 3,907 shares of the transportation company's stock worth $741,000 after purchasing an additional 2,087 shares in the last quarter. Institutional investors and hedge funds own 91.69% of the company's stock.

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.

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.