Willdan Group (NASDAQ:WLDN) Downgraded to Buy Rating by Wall Street Zen

Wall Street Zen cut shares of Willdan Group (NASDAQ:WLDN) from a strong-buy rating to a buy rating in a report published on Saturday.

A number of other research firms also recently issued reports on WLDN. Zacks Research downgraded shares of Willdan Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 6th. Wedbush raised their target price on shares of Willdan Group from $120.00 to $145.00 and gave the stock an “outperform” rating in a report on Wednesday, January 14th. Weiss Ratings reiterated a “buy (b)” rating on shares of Willdan Group in a research report on Monday, December 29th. Finally, Compass Point set a $125.00 price target on Willdan Group in a research note on Friday, January 2nd. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $124.33.

Willdan Group Stock Down 0.6%

WLDN stock opened at $79.49 on Friday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.56 and a quick ratio of 1.56. The stock has a market capitalization of $1.17 billion, a price-to-earnings ratio of 22.84 and a beta of 1.04. The business’s fifty day moving average price is $113.16 and its two-hundred day moving average price is $104.52. Willdan Group has a fifty-two week low of $36.43 and a fifty-two week high of $137.00.

Willdan Group (NASDAQ:WLDN) last announced its earnings results on Thursday, February 26th. The construction company reported $1.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.79 by $0.78. Willdan Group had a net margin of 7.71% and a return on equity of 23.34%. The company had revenue of $89.51 million during the quarter, compared to analysts’ expectations of $174.50 million. Willdan Group has set its FY 2026 guidance at 4.500-4.700 EPS. On average, equities analysts anticipate that Willdan Group will post 1.82 earnings per share for the current year.

Insiders Place Their Bets

In other Willdan Group news, Director Steven A. Cohen sold 6,000 shares of the stock in a transaction dated Friday, March 6th. The shares were sold at an average price of $81.82, for a total transaction of $490,920.00. Following the sale, the director directly owned 20,849 shares in the company, valued at $1,705,865.18. This represents a 22.35% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 8.60% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Willdan Group

Hedge funds and other institutional investors have recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Willdan Group by 1.1% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,615 shares of the construction company’s stock worth $476,000 after purchasing an additional 85 shares in the last quarter. Truvestments Capital LLC boosted its position in Willdan Group by 3.0% in the fourth quarter. Truvestments Capital LLC now owns 3,708 shares of the construction company’s stock valued at $384,000 after buying an additional 108 shares in the last quarter. CWM LLC boosted its position in Willdan Group by 5.4% in the fourth quarter. CWM LLC now owns 2,303 shares of the construction company’s stock valued at $239,000 after buying an additional 118 shares in the last quarter. Mariner LLC grew its stake in shares of Willdan Group by 2.0% during the fourth quarter. Mariner LLC now owns 6,062 shares of the construction company’s stock worth $629,000 after buying an additional 118 shares during the last quarter. Finally, New York State Teachers Retirement System grew its stake in shares of Willdan Group by 11.9% during the third quarter. New York State Teachers Retirement System now owns 1,263 shares of the construction company’s stock worth $122,000 after buying an additional 134 shares during the last quarter. 72.29% of the stock is currently owned by institutional investors and hedge funds.

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.