Rep. Adam Smith Sells ABB Ltd (NYSE:ABBNY) Shares

Representative Adam Smith (D-Washington) recently sold shares of ABB Ltd (NYSE:ABBNY). In a filing disclosed on August 08th, the Representative disclosed that they had sold between $1,001 and $15,000 in ABB stock on August 8th. The trade occurred in the Representative’s “BAIRD TRUST COMPANY TTEE FBO/INHERITED BENEFICIARY IRA/JOHN ELDRIDGE DECEASED IRA/SARA SMITH” account.

Representative Adam Smith also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Newmont (NYSE:NEM) on 8/8/2025.
• Sold $1,001 – $15,000 in shares of Procter & Gamble (NYSE:PG) on 8/8/2025.
• Sold $1,001 – $15,000 in shares of Walt Disney (NYSE:DIS) on 8/8/2025.

ABB Stock Performance

NYSE:ABBNY opened at $65.54 on Tuesday. The stock’s fifty day moving average is $61.11 and its 200 day moving average is $56.69. ABB Ltd has a fifty-two week low of $45.36 and a fifty-two week high of $67.32. The firm has a market capitalization of $120.85 billion, a PE ratio of 30.92, a PEG ratio of 2.48 and a beta of 1.14. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.99 and a current ratio of 1.37.

Analyst Upgrades and Downgrades

ABBNY has been the topic of several research analyst reports. Kepler Capital Markets downgraded ABB from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 17th. Barclays reissued an “underweight” rating on shares of ABB in a research report on Tuesday, July 15th. Citigroup raised ABB from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 21st. Cfra Research downgraded ABB from a “moderate buy” rating to a “hold” rating in a research report on Monday, April 21st. Finally, Wall Street Zen downgraded ABB from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 26th. Two research analysts have rated the stock with a sell rating, three have given a hold rating, one has assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold”.

About Representative Smith

D. Adam Smith (Democratic Party) is a member of the U.S. House, representing Washington’s 9th Congressional District. He assumed office on January 3, 1997. His current term ends on January 3, 2027.

Smith (Democratic Party) is running for re-election to the U.S. House to represent Washington’s 9th Congressional District. He declared candidacy for the 2026 election.

Smith was first elected to the U.S. House in 1996.

Since at least 2011 and including in 2019-2020, Smith was assigned to the Committee on Armed Services.

Smith was a member of the Washington State Senate from 1991 to 1996 and worked as city prosecutor for Seattle, Washington, from 1993 to 1995. He was 25 when he was first elected to the state Senate in 1990 when he beat a long-time incumbent Republican to take the seat. Smith also won his first election to Congress in 1996 against an incumbent Republican, Randy Tate. He won that election with 50.1 percent of votes against Tate’s 47.3 percent. He received an average of 59 percent of votes in all of his re-election bids from 1998 through 2018. Since redistricting in 2010 through the 2018 election, he won an average of 71 percent of votes in each general election.

Smith was born in Washington, D.C. He earned his B.A. from Fordham University in 1987, and he earned his J.D. from the University of Washington in 1990.[1] Prior to his election to the United States House of Representatives, Smith served as a member of the Washington State Senate.

About ABB

ABB Ltd provides electrification, motion, and automation solutions and products for customers in utilities, industry and transport, and infrastructure in Switzerland, rest of Europe, the Americas, the United States, rest of Asia, the Middle East, Africa, China, and internationally. Its Electrification segment offers renewable power solutions, modular substation packages, distribution automation products, switchboards and panelboards, switchgears, UPS solutions, circuit breakers, measuring and sensing devices, control products, wiring accessories, enclosures and cabling systems, and intelligent home and building solutions.