Willdan Group (NASDAQ:WLDN) Sees Strong Trading Volume – What’s Next?

Shares of Willdan Group, Inc. (NASDAQ:WLDN) saw strong trading volume on Monday . 579,298 shares traded hands during mid-day trading, an increase of 69% from the previous session’s volume of 343,562 shares.The stock last traded at $92.61 and had previously closed at $88.39.

Analyst Ratings Changes

A number of research firms have recently commented on WLDN. Wedbush initiated coverage on shares of Willdan Group in a research note on Thursday, April 9th. They set an “outperform” rating and a $110.00 price target for the company. Weiss Ratings lowered Willdan Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, April 24th. Finally, Wall Street Zen downgraded Willdan Group from a “strong-buy” rating to a “buy” rating in a research report on Saturday, March 14th. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, Willdan Group currently has a consensus rating of “Moderate Buy” and a consensus target price of $112.67.

Willdan Group Trading Up 5.1%

The firm has a 50-day simple moving average of $80.66 and a 200-day simple moving average of $98.89. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.15. The stock has a market cap of $1.39 billion, a PE ratio of 25.04 and a beta of 1.07.

Willdan Group (NASDAQ:WLDN) last announced its quarterly earnings results on Thursday, May 7th. The construction company reported $0.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.81 by $0.10. The firm had revenue of $92.43 million for the quarter, compared to the consensus estimate of $92.17 million. Willdan Group had a net margin of 8.24% and a return on equity of 23.89%. Willdan Group has set its FY 2026 guidance at 4.900-5.050 EPS. Equities analysts forecast that Willdan Group, Inc. will post 3.88 earnings per share for the current year.

Insider Activity

In related news, Director Steven A. Cohen sold 6,000 shares of the company’s stock in a transaction on Friday, March 6th. The shares were sold at an average price of $81.82, for a total value of $490,920.00. Following the completion of the transaction, the director directly owned 20,849 shares in the company, valued at approximately $1,705,865.18. The trade was a 22.35% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 5.60% of the company’s stock.

Hedge Funds Weigh In On Willdan Group

A number of hedge funds and other institutional investors have recently modified their holdings of WLDN. Dimensional Fund Advisors LP raised its holdings in shares of Willdan Group by 7.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 308,947 shares of the construction company’s stock valued at $23,652,000 after buying an additional 21,669 shares in the last quarter. Swiss National Bank lifted its holdings in shares of Willdan Group by 1.0% in the 1st quarter. Swiss National Bank now owns 29,200 shares of the construction company’s stock worth $2,236,000 after acquiring an additional 300 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its stake in shares of Willdan Group by 21.0% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 216,429 shares of the construction company’s stock valued at $17,098,000 after purchasing an additional 37,624 shares in the last quarter. Sanctuary Advisors LLC boosted its stake in shares of Willdan Group by 10.5% in the 1st quarter. Sanctuary Advisors LLC now owns 12,480 shares of the construction company’s stock valued at $955,000 after purchasing an additional 1,187 shares in the last quarter. Finally, Principal Financial Group Inc. grew its holdings in shares of Willdan Group by 88.0% during the 1st quarter. Principal Financial Group Inc. now owns 35,914 shares of the construction company’s stock valued at $2,750,000 after purchasing an additional 16,812 shares during the last quarter. 72.29% of the stock is currently owned by hedge funds and other institutional investors.

Willdan Group Company 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.