The Manufacturers Life Insurance Company Purchases New Stake in Willdan Group, Inc. $WLDN

The Manufacturers Life Insurance Company acquired a new position in shares of Willdan Group, Inc. (NASDAQ:WLDN) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 6,299 shares of the construction company’s stock, valued at approximately $498,000.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Willdan Group by 1.1% in the second 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 grew its position in Willdan Group by 3.0% during the fourth quarter. Truvestments Capital LLC now owns 3,708 shares of the construction company’s stock valued at $384,000 after purchasing an additional 108 shares in the last quarter. Mariner LLC grew its position in Willdan Group by 2.0% during the fourth quarter. Mariner LLC now owns 6,062 shares of the construction company’s stock valued at $629,000 after purchasing an additional 118 shares in the last quarter. ProShare Advisors LLC increased its stake in Willdan Group by 8.1% in the 4th quarter. ProShare Advisors LLC now owns 2,570 shares of the construction company’s stock valued at $266,000 after buying an additional 193 shares during the period. Finally, Engineers Gate Manager LP lifted its position in Willdan Group by 3.3% in the 2nd quarter. Engineers Gate Manager LP now owns 6,925 shares of the construction company’s stock worth $433,000 after buying an additional 222 shares in the last quarter. Hedge funds and other institutional investors own 72.29% of the company’s stock.

Willdan Group Price Performance

NASDAQ WLDN opened at $85.78 on Monday. 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 stock has a market capitalization of $1.31 billion, a PE ratio of 20.14 and a beta of 1.19. Willdan Group, Inc. has a 12-month low of $64.67 and a 12-month high of $137.00. The company has a 50 day moving average price of $78.83 and a two-hundred day moving average price of $84.28.

Willdan Group (NASDAQ:WLDN) last announced its quarterly earnings results on Thursday, August 6th. The construction company reported $2.07 EPS for the quarter, topping the consensus estimate of $1.30 by $0.77. The company had revenue of $231.03 million for 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, equities analysts predict that Willdan Group, Inc. will post 4.1 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research firms have recently commented on WLDN. Wall Street Zen upgraded shares of Willdan Group from a “hold” rating to a “buy” rating in a report on Saturday, August 15th. Zacks Research lowered Willdan Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 28th. Weiss Ratings reissued a “hold (c+)” rating on shares of Willdan Group in a research report on Tuesday, July 21st. Finally, Wedbush restated an “outperform” rating and issued a $130.00 target price on shares of Willdan Group in a research note on Tuesday, August 18th. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $127.50.

Insider Buying and Selling

In other Willdan Group news, Director Thomas Brisbin sold 58,757 shares of the stock in a transaction on Thursday, September 3rd. The shares were sold at an average price of $88.14, for a total transaction of $5,178,841.98. Following the transaction, the director directly owned 96,687 shares of the company’s stock, valued at $8,521,992.18. This represents a 37.80% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 5.60% of the stock is owned by 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.