Rice Hall James & Associates LLC bought a new stake in Willdan Group, Inc. (NASDAQ:WLDN – Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 30,579 shares of the construction company’s stock, valued at approximately $2,419,000. Rice Hall James & Associates LLC owned about 0.20% of Willdan Group at the end of the most recent reporting period.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Bank of New York Mellon Corp bought a new position in Willdan Group during the 2nd quarter worth approximately $4,663,000. State of Wyoming bought a new stake in shares of Willdan Group in the 2nd quarter valued at $62,000. GSA Capital Partners LLP acquired a new stake in shares of Willdan Group during the second quarter worth $462,000. Walleye Capital LLC acquired a new stake in shares of Willdan Group during the second quarter worth $903,000. Finally, Handelsbanken Fonder AB raised its stake in Willdan Group by 34.3% during the second quarter. Handelsbanken Fonder AB now owns 191,532 shares of the construction company’s stock worth $15,150,000 after buying an additional 48,876 shares during the last quarter. Institutional investors and hedge funds own 72.29% of the company’s stock.
Wall Street Analyst Weigh In
WLDN has been the topic of several recent analyst reports. Weiss Ratings restated a “hold (c+)” rating on shares of Willdan Group in a report on Tuesday, July 21st. Wedbush reiterated an “outperform” rating and set a $130.00 price target on shares of Willdan Group in a report on Tuesday. Wall Street Zen raised Willdan Group from a “hold” rating to a “buy” rating in a research report on Saturday. Finally, Zacks Research downgraded Willdan Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 28th. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $127.50.
Willdan Group Stock Performance
Shares of WLDN stock opened at $84.54 on Wednesday. The company has a market cap of $1.29 billion, a price-to-earnings ratio of 19.85 and a beta of 1.14. Willdan Group, Inc. has a 52 week low of $64.67 and a 52 week high of $137.00. The company has a quick ratio of 1.37, a current ratio of 1.37 and a debt-to-equity ratio of 0.19. The firm has a 50 day moving average of $79.53 and a 200-day moving average of $87.24.
Willdan Group (NASDAQ:WLDN – Get Free Report) last released its 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. On average, equities analysts forecast that Willdan Group, Inc. will post 4.12 earnings per share for the current year.
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.
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