Willdan Group’s (WLDN) Outperform Rating Reiterated at Wedbush

Willdan Group (NASDAQ:WLDN)‘s stock had its “outperform” rating restated by research analysts at Wedbush in a research note issued on Wednesday, Benzinga reports. They currently have a $130.00 price objective on the construction company’s stock. Wedbush’s price objective indicates a potential upside of 62.72% from the stock’s previous close.

A number of other research firms also recently commented on WLDN. Weiss Ratings reiterated a “hold (c+)” rating on shares of Willdan Group in a research report on Tuesday, July 21st. Zacks Research downgraded Willdan Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 28th. Finally, Wall Street Zen upgraded Willdan Group from a “hold” rating to a “buy” rating in a research report on Saturday, August 15th. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $127.50.

Willdan Group Price Performance

Willdan Group stock opened at $79.89 on Wednesday. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.37 and a quick ratio of 1.37. The business has a 50 day simple moving average of $80.18 and a 200-day simple moving average of $82.19. Willdan Group has a 12 month low of $64.67 and a 12 month high of $137.00. The stock has a market capitalization of $1.22 billion, a PE ratio of 18.75 and a beta of 1.19.

Willdan Group (NASDAQ:WLDN) last released its 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. Willdan Group had a net margin of 8.80% and a return on equity of 24.51%. The company had revenue of $231.03 million during the quarter, compared to analysts’ expectations of $102.27 million. Willdan Group has set its FY 2026 guidance at 5.000-5.150 EPS. Equities analysts predict that Willdan Group will post 4.1 earnings per share for the current year.

Insider Activity at Willdan Group

In other news, Director Thomas Brisbin sold 58,757 shares of the firm’s stock in a transaction on Thursday, September 3rd. The shares were sold at an average price of $88.14, for a total value of $5,178,841.98. Following the transaction, the director owned 96,687 shares of the company’s stock, valued at approximately $8,521,992.18. This trade represents a 37.80% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Over the last quarter, insiders have sold 67,101 shares of company stock valued at $5,871,388. Company insiders own 5.60% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in WLDN. Dimensional Fund Advisors LP boosted its position in shares of Willdan Group by 7.5% in the first quarter. Dimensional Fund Advisors LP now owns 308,947 shares of the construction company’s stock worth $23,652,000 after buying an additional 21,669 shares during the period. Handelsbanken Fonder AB boosted its holdings in Willdan Group by 34.3% in the 2nd quarter. Handelsbanken Fonder AB now owns 191,532 shares of the construction company’s stock worth $15,150,000 after acquiring an additional 48,876 shares during the period. Swedbank AB grew its position in Willdan Group by 35.4% in the first quarter. Swedbank AB now owns 236,700 shares of the construction company’s stock valued at $18,122,000 after acquiring an additional 61,900 shares in the last quarter. Ranger Investment Management L.P. purchased a new stake in shares of Willdan Group during the second quarter valued at approximately $21,768,000. Finally, Deutsche Bank AG acquired a new position in shares of Willdan Group during the second quarter worth $4,408,000. 72.29% of the stock is owned by hedge funds and other institutional investors.

About Willdan Group

Willdan Group, Inc (NASDAQ: WLDN) is a professional, technical and consulting services company that helps utilities, government agencies and commercial organizations plan, develop and implement infrastructure and energy-related projects. Founded in 1964, the company serves clients primarily throughout the United States.

Willdan’s energy services include the design and administration of energy-efficiency and demand-response programs, electrification initiatives, distributed energy-resource projects, renewable-energy programs and grid-modernization efforts.