Elevation Point Wealth Partners LLC bought a new position in shares of Willdan Group, Inc. (NASDAQ:WLDN – Free Report) in the first quarter, Holdings Channel.com reports. The fund bought 6,960 shares of the construction company’s stock, valued at approximately $533,000.
Several other hedge funds and other institutional investors have also bought and sold shares of the company. SG Americas Securities LLC lifted its stake in Willdan Group by 601.5% in the fourth quarter. SG Americas Securities LLC now owns 60,357 shares of the construction company’s stock valued at $6,257,000 after buying an additional 51,753 shares during the period. Swedbank AB lifted its position in shares of Willdan Group by 36.8% during the 4th quarter. Swedbank AB now owns 174,800 shares of the construction company’s stock valued at $18,120,000 after acquiring an additional 47,000 shares during the period. Handelsbanken Fonder AB boosted its stake in Willdan Group by 53.8% during the fourth quarter. Handelsbanken Fonder AB now owns 199,671 shares of the construction company’s stock worth $20,698,000 after acquiring an additional 69,835 shares in the last quarter. Allspring Global Investments Holdings LLC grew its holdings in Willdan Group by 25.0% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 178,805 shares of the construction company’s stock worth $19,071,000 after purchasing an additional 35,706 shares during the period. Finally, Precision Wealth Strategies LLC acquired a new stake in Willdan Group in the fourth quarter worth $1,681,000. Institutional investors and hedge funds own 72.29% of the company’s stock.
Analyst Upgrades and Downgrades
Several equities analysts have recently weighed in on the stock. Wall Street Zen lowered shares of Willdan Group from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. Zacks Research upgraded Willdan Group from a “hold” rating to a “strong-buy” rating in a report on Monday, June 29th. Weiss Ratings lowered Willdan Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, April 24th. Finally, Wedbush assumed coverage on Willdan Group in a research note on Thursday, April 9th. They issued an “outperform” rating and a $110.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $112.67.
Willdan Group Stock Down 2.1%
WLDN opened at $75.29 on Thursday. The company’s 50-day moving average price is $87.43 and its two-hundred day moving average price is $96.21. Willdan Group, Inc. has a twelve month low of $64.67 and a twelve month high of $137.00. The stock has a market cap of $1.14 billion, a price-to-earnings ratio of 20.29 and a beta of 1.13. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 0.15.
Willdan Group (NASDAQ:WLDN – Get Free Report) last announced its quarterly earnings data on Thursday, May 7th. The construction company reported $0.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.81 by $0.10. Willdan Group had a return on equity of 23.36% and a net margin of 8.24%.The business had revenue of $92.43 million for the quarter, compared to analysts’ expectations of $92.17 million. Willdan Group has set its FY 2026 guidance at 4.900-5.050 EPS. As a group, equities analysts expect that Willdan Group, Inc. will post 4.12 earnings per share for the current year.
Insider Transactions at Willdan Group
In other Willdan Group news, CEO Michael A. Bieber sold 56,676 shares of the firm’s stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $91.58, for a total value of $5,190,388.08. Following the completion of the transaction, the chief executive officer directly owned 249,525 shares of the company’s stock, valued at $22,851,499.50. This trade represents a 18.51% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 5.60% of the stock is owned by corporate insiders.
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.
Read More
- Five stocks we like better than Willdan Group
- A Market Panic Just Discounted the AI Highway’s Tollbooth
- Why Exxon Could Be the Market’s Next Big Comeback Stock
- The Market Just Got Shaken—These 3 ETFs May Come Out Stronger
- Meta Platforms’ Cloud Push: Growth Opportunity Versus AI Concerns
Want to see what other hedge funds are holding WLDN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Willdan Group, Inc. (NASDAQ:WLDN – Free Report).
Receive News & Ratings for Willdan Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Willdan Group and related companies with MarketBeat.com's FREE daily email newsletter.
