Navellier & Associates Inc. Has $1.32 Million Stock Position in Willdan Group, Inc. $WLDN

Navellier & Associates Inc. boosted its position in Willdan Group, Inc. (NASDAQ:WLDN) by 71.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 13,671 shares of the construction company’s stock after acquiring an additional 5,702 shares during the period. Navellier & Associates Inc. owned 0.09% of Willdan Group worth $1,322,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. SBI Securities Co. Ltd. raised its position in shares of Willdan Group by 1,915.4% during the third quarter. SBI Securities Co. Ltd. now owns 262 shares of the construction company’s stock worth $25,000 after purchasing an additional 249 shares during the period. AdvisorShares Investments LLC bought a new stake in Willdan Group during the 2nd quarter valued at $30,000. Private Trust Co. NA acquired a new position in Willdan Group during the third quarter worth $48,000. State of Alaska Department of Revenue acquired a new position in Willdan Group during the third quarter worth $75,000. Finally, Raymond James Financial Inc. bought a new position in shares of Willdan Group in the second quarter valued at $80,000. Institutional investors own 72.29% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on WLDN shares. Weiss Ratings reissued a “buy (b)” rating on shares of Willdan Group in a research report on Monday, December 29th. Wall Street Zen downgraded Willdan Group from a “strong-buy” rating to a “buy” rating in a research note on Sunday, January 11th. Zacks Research downgraded Willdan Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 6th. Wedbush raised their target price on Willdan Group from $120.00 to $145.00 and gave the company an “outperform” rating in a report on Wednesday, January 14th. Finally, Compass Point set a $125.00 price target on Willdan Group in a report on Friday, January 2nd. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $124.33.

Willdan Group Price Performance

Shares of NASDAQ WLDN opened at $114.55 on Wednesday. Willdan Group, Inc. has a twelve month low of $30.43 and a twelve month high of $137.00. The stock’s 50 day moving average price is $116.05 and its 200-day moving average price is $104.77. The company has a market capitalization of $1.69 billion, a PE ratio of 41.21 and a beta of 0.97. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 0.17.

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.