Senator Markwayne Mullin (R-Oklahoma) recently sold shares of Wabtec (NYSE:WAB). In a filing disclosed on October 01st, the Senator disclosed that they had sold between $15,001 and $50,000 in Wabtec stock on September 23rd.
Senator Markwayne Mullin also recently made the following trade(s):
- Purchased $50,001 – $100,000 in shares of Intuitive Surgical (NASDAQ:ISRG) on 9/24/2025.
- Purchased $1,001 – $15,000 in shares of ServiceNow (NYSE:NOW) on 9/24/2025.
- Sold $15,001 – $50,000 in shares of Accenture (NYSE:ACN) on 9/24/2025.
- Purchased $15,001 – $50,000 in shares of Intuit (NASDAQ:INTU) on 9/24/2025.
- Sold $15,001 – $50,000 in shares of Adobe (NASDAQ:ADBE) on 9/24/2025.
- Sold $15,001 – $50,000 in shares of iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) on 9/24/2025.
- Sold $15,001 – $50,000 in shares of Texas Instruments (NASDAQ:TXN) on 9/24/2025.
- Purchased $15,001 – $50,000 in shares of UnitedHealth Group (NYSE:UNH) on 9/24/2025.
- Sold $1,001 – $15,000 in shares of Wabtec (NYSE:WAB) on 9/23/2025.
- Sold $15,001 – $50,000 in shares of UnitedHealth Group (NYSE:UNH) on 8/1/2025.
Wabtec Stock Down 0.9%
Wabtec stock opened at $198.65 on Thursday. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.05 and a current ratio of 1.76. Wabtec has a one year low of $151.81 and a one year high of $216.10. The company has a 50-day simple moving average of $192.46 and a 200-day simple moving average of $193.79. The firm has a market capitalization of $33.96 billion, a P/E ratio of 29.65, a P/E/G ratio of 1.55 and a beta of 1.10.
Wabtec Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, August 28th. Stockholders of record on Thursday, August 14th were issued a dividend of $0.25 per share. The ex-dividend date of this dividend was Thursday, August 14th. This represents a $1.00 annualized dividend and a dividend yield of 0.5%. Wabtec’s payout ratio is 14.93%.
Wall Street Analysts Forecast Growth
Several equities analysts have recently issued reports on the company. Susquehanna boosted their price objective on Wabtec from $210.00 to $235.00 and gave the stock a “positive” rating in a research report on Friday, July 25th. Wall Street Zen lowered Wabtec from a “buy” rating to a “hold” rating in a research report on Saturday, August 9th. Bank of America increased their price target on Wabtec from $231.00 to $236.00 and gave the stock a “buy” rating in a research note on Tuesday, July 8th. JPMorgan Chase & Co. cut their price objective on shares of Wabtec from $216.00 to $200.00 and set a “neutral” rating on the stock in a research note on Thursday, August 14th. Finally, KeyCorp reaffirmed an “overweight” rating and issued a $240.00 price objective (up previously from $220.00) on shares of Wabtec in a report on Tuesday, June 24th. Six investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Wabtec currently has an average rating of “Moderate Buy” and a consensus price target of $222.88.
Get Our Latest Stock Report on WAB
Insider Activity at Wabtec
In related news, CEO Rafael Santana sold 1,799 shares of the firm’s stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $189.97, for a total value of $341,756.03. Following the completion of the transaction, the chief executive officer owned 136,729 shares of the company’s stock, valued at approximately $25,974,408.13. This trade represents a 1.30% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders have sold 5,369 shares of company stock valued at $1,042,586 in the last ninety days. Company insiders own 1.10% of the company’s stock.
Institutional Investors Weigh In On Wabtec
A number of institutional investors and hedge funds have recently modified their holdings of WAB. PFS Partners LLC grew its holdings in shares of Wabtec by 70.4% in the 2nd quarter. PFS Partners LLC now owns 121 shares of the transportation company’s stock worth $25,000 after acquiring an additional 50 shares during the last quarter. Colonial Trust Advisors boosted its position in shares of Wabtec by 454.5% in the 2nd quarter. Colonial Trust Advisors now owns 122 shares of the transportation company’s stock valued at $26,000 after purchasing an additional 100 shares during the period. Trust Co. of Vermont increased its stake in Wabtec by 44.2% in the 2nd quarter. Trust Co. of Vermont now owns 163 shares of the transportation company’s stock worth $34,000 after purchasing an additional 50 shares in the last quarter. ST Germain D J Co. Inc. raised its holdings in Wabtec by 30.2% during the 2nd quarter. ST Germain D J Co. Inc. now owns 207 shares of the transportation company’s stock worth $43,000 after buying an additional 48 shares during the period. Finally, Ameritas Advisory Services LLC acquired a new stake in Wabtec during the 2nd quarter worth about $44,000. Institutional investors and hedge funds own 91.69% of the company’s stock.
About Senator Mullin
Markwayne Mullin (Republican Party) is a member of the U.S. Senate from Oklahoma. He assumed office on January 11, 2023. His current term ends on January 3, 2027. Mullin (Republican Party) ran in a special election to the U.S. Senate to represent Oklahoma. He won in the special general election on November 8, 2022. Mullin is a member of the Cherokee Nation and one of four Native American members of the 116th Congress. At the age of 20, Mullin took over his father’s plumbing business. He is also a former professional mixed martial artist. Markwayne Mullin graduated from Stilwell High School. Mullin earned an associate degree in construction technology from Oklahoma State University Institute of Technology. His career experience includes owning and founding multiple businesses.
About Wabtec
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.
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