20,469 Shares in Willdan Group, Inc. $WLDN Acquired by Man Group plc

Man Group plc bought a new stake in Willdan Group, Inc. (NASDAQ:WLDN) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 20,469 shares of the construction company’s stock, valued at approximately $1,619,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP increased its holdings in shares of Willdan Group by 7.5% during the first quarter. Dimensional Fund Advisors LP now owns 308,947 shares of the construction company’s stock valued at $23,652,000 after purchasing an additional 21,669 shares during the period. Swedbank AB lifted its holdings in Willdan Group by 36.8% in the fourth quarter. Swedbank AB now owns 174,800 shares of the construction company’s stock worth $18,120,000 after purchasing an additional 47,000 shares during the period. Handelsbanken Fonder AB grew its position in Willdan Group by 53.8% in the 4th quarter. Handelsbanken Fonder AB now owns 199,671 shares of the construction company’s stock valued at $20,698,000 after buying an additional 69,835 shares in the last quarter. Ranger Investment Management L.P. bought a new position in Willdan Group in the 1st quarter valued at about $3,555,000. Finally, Deutsche Bank AG acquired a new position in Willdan Group during the 2nd quarter valued at about $4,408,000. Institutional investors own 72.29% of the company’s stock.

Willdan Group Price Performance

Shares of Willdan Group stock opened at $87.34 on Wednesday. The company has a current ratio of 1.37, a quick ratio of 1.37 and a debt-to-equity ratio of 0.19. The company’s 50-day moving average price is $78.45 and its two-hundred day moving average price is $84.89. Willdan Group, Inc. has a 52 week low of $64.67 and a 52 week high of $137.00. The stock has a market cap of $1.33 billion, a PE ratio of 20.50 and a beta of 1.19.

Willdan Group (NASDAQ:WLDN) last posted its quarterly earnings data on Thursday, August 6th. The construction company reported $2.07 earnings per share for the quarter, beating the consensus estimate of $1.30 by $0.77. The company had revenue of $231.03 million during the quarter, compared to analyst estimates 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 anticipate that Willdan Group, Inc. will post 4.1 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

WLDN has been the topic of a number of recent analyst reports. Weiss Ratings restated a “hold (c+)” rating on shares of Willdan Group in a research report on Tuesday, July 21st. Wall Street Zen upgraded shares of Willdan Group from a “hold” rating to a “buy” rating in a report on Saturday, August 15th. Wedbush reiterated an “outperform” rating and set a $130.00 price objective on shares of Willdan Group in a research note on Tuesday, August 18th. Finally, Zacks Research cut Willdan Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 28th. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Willdan Group currently has an average rating of “Hold” and a consensus price target of $127.50.

About Willdan Group

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.