Elevation Point Wealth Partners LLC Makes New $550,000 Investment in Willdan Group, Inc. $WLDN

Elevation Point Wealth Partners LLC purchased a new stake in shares of Willdan Group, Inc. (NASDAQ:WLDN) during the 2nd quarter, Holdings Channel.com reports. The fund purchased 6,948 shares of the construction company’s stock, valued at approximately $550,000.

A number of other hedge funds have also modified their holdings of WLDN. Royal Bank of Canada increased its stake in shares of Willdan Group by 3.2% in the first quarter. Royal Bank of Canada now owns 76,990 shares of the construction company’s stock worth $3,134,000 after purchasing an additional 2,386 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Willdan Group by 4.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,530 shares of the construction company’s stock valued at $307,000 after buying an additional 312 shares in the last quarter. Goldman Sachs Group Inc. boosted its holdings in Willdan Group by 35.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 214,421 shares of the construction company’s stock worth $8,731,000 after buying an additional 55,704 shares during the period. Jane Street Group LLC boosted its holdings in Willdan Group by 205.9% in the 1st quarter. Jane Street Group LLC now owns 25,302 shares of the construction company’s stock worth $1,030,000 after buying an additional 17,031 shares during the period. Finally, JPMorgan Chase & Co. increased its stake in Willdan Group by 10.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 87,234 shares of the construction company’s stock worth $5,453,000 after buying an additional 8,602 shares in the last quarter. 72.29% of the stock is currently owned by institutional investors.

Willdan Group Stock Performance

WLDN opened at $85.45 on Wednesday. The stock has a market capitalization of $1.30 billion, a price-to-earnings ratio of 20.06 and a beta of 1.14. The company has a fifty day moving average of $78.42 and a 200 day moving average of $85.82. Willdan Group, Inc. has a fifty-two week low of $64.67 and a fifty-two week high of $137.00. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.37 and a current ratio of 1.37.

Willdan Group (NASDAQ:WLDN) last announced its quarterly earnings results on Thursday, August 6th. The construction company reported $2.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.30 by $0.77. The company had revenue of $231.03 million for the quarter, compared to the consensus estimate of $102.27 million. Willdan Group had a net margin of 8.80% and a return on equity of 24.51%. Willdan Group has set its FY 2026 guidance at 5.000-5.150 EPS. As a group, sell-side analysts forecast that Willdan Group, Inc. will post 4.1 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have commented on WLDN. Weiss Ratings reissued a “hold (c+)” rating on shares of Willdan Group in a report on Tuesday, July 21st. Zacks Research cut Willdan Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 28th. Wedbush reiterated an “outperform” rating and set a $130.00 target price on shares of Willdan Group in a research report on Tuesday, August 18th. Finally, Wall Street Zen raised Willdan Group from a “hold” rating to a “buy” rating in a research note on Saturday, August 15th. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Willdan Group has a consensus rating of “Hold” and a consensus target price of $127.50.

Willdan Group Profile

Willdan Group, Inc provides energy efficiency, infrastructure engineering, and technical consulting services to a diverse range of public and private sector clients. The company works with utilities, municipalities, state and federal agencies, and commercial enterprises to design, implement, and manage programs that promote sustainable energy use, grid modernization, and resilient infrastructure. Willdan’s offerings span program design and implementation, energy audits, measurement and verification, and project management for both new construction and retrofit initiatives.

Core services include energy advisory and engineering solutions, including feasibility studies, facility commissioning and retro-commissioning, $0 down financing for energy projects, and demand response program development.