5,599 Shares in Willdan Group, Inc. $WLDN Bought by Gladstone Institutional Advisory LLC

Gladstone Institutional Advisory LLC purchased a new stake in shares of Willdan Group, Inc. (NASDAQ:WLDN) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 5,599 shares of the construction company’s stock, valued at approximately $541,000.

Other hedge funds have also recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of 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 valued at $476,000 after purchasing an additional 85 shares during the last quarter. CWM LLC boosted its stake in Willdan Group by 7.0% in the third quarter. CWM LLC now owns 2,185 shares of the construction company’s stock worth $211,000 after buying an additional 143 shares in the last quarter. Ameritas Investment Partners Inc. grew its position in Willdan Group by 15.6% during the second quarter. Ameritas Investment Partners Inc. now owns 1,419 shares of the construction company’s stock valued at $89,000 after acquiring an additional 191 shares during the last quarter. Engineers Gate Manager LP raised its stake in shares of Willdan Group by 3.3% during the second quarter. Engineers Gate Manager LP now owns 6,925 shares of the construction company’s stock worth $433,000 after acquiring an additional 222 shares in the last quarter. Finally, Concurrent Investment Advisors LLC raised its stake in shares of Willdan Group by 4.5% during the second quarter. Concurrent Investment Advisors LLC now owns 7,091 shares of the construction company’s stock worth $443,000 after acquiring an additional 307 shares in the last quarter. Institutional investors own 72.29% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the stock. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Willdan Group in a report on Monday, December 29th. Compass Point set a $125.00 price target on shares of Willdan Group in a research report on Friday, January 2nd. Zacks Research downgraded Willdan Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday. Wedbush reissued an “outperform” rating and issued a $120.00 target price on shares of Willdan Group in a research note on Monday, October 6th. Finally, Wall Street Zen upgraded Willdan Group from a “buy” rating to a “strong-buy” rating in a research report on Saturday, January 3rd. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $116.00.

Willdan Group Stock Performance

Shares of NASDAQ:WLDN opened at $112.69 on Friday. The company has a current ratio of 1.48, a quick ratio of 1.48 and a debt-to-equity ratio of 0.17. The company has a 50-day moving average price of $101.93 and a 200-day moving average price of $95.72. The company has a market cap of $1.66 billion, a price-to-earnings ratio of 40.54 and a beta of 0.96. Willdan Group, Inc. has a 12 month low of $30.43 and a 12 month high of $121.00.

Willdan Group (NASDAQ:WLDN) last posted its earnings results on Thursday, November 6th. The construction company reported $1.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.81 by $0.40. The company had revenue of $94.97 million for the quarter, compared to analysts’ expectations of $164.00 million. Willdan Group had a return on equity of 20.23% and a net margin of 6.37%. As a group, equities analysts anticipate that Willdan Group, Inc. will post 1.82 EPS 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.