Swedbank AB grew its holdings in Willdan Group, Inc. (NASDAQ:WLDN – Free Report) by 35.4% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 236,700 shares of the construction company’s stock after acquiring an additional 61,900 shares during the quarter. Swedbank AB’s holdings in Willdan Group were worth $18,122,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also modified their holdings of WLDN. Wasatch Advisors LP bought a new position in Willdan Group during the second quarter worth about $20,188,000. Two Sigma Investments LP grew its position in shares of Willdan Group by 207.1% during the 3rd quarter. Two Sigma Investments LP now owns 302,380 shares of the construction company’s stock worth $29,237,000 after purchasing an additional 203,912 shares in the last quarter. Vanguard Group Inc. increased its holdings in shares of Willdan Group by 11.7% during the fourth quarter. Vanguard Group Inc. now owns 1,201,517 shares of the construction company’s stock worth $124,549,000 after purchasing an additional 126,247 shares during the period. First Trust Advisors LP increased its holdings in shares of Willdan Group by 89.2% during the fourth quarter. First Trust Advisors LP now owns 237,697 shares of the construction company’s stock worth $24,640,000 after purchasing an additional 112,094 shares during the period. Finally, Mercer Global Advisors Inc. ADV acquired a new stake in shares of Willdan Group in the third quarter valued at approximately $9,742,000. 72.29% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several equities research analysts recently issued reports on the company. Wall Street Zen cut Willdan Group from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. Wedbush assumed coverage on Willdan Group in a research note on Thursday, April 9th. They set an “outperform” rating and a $110.00 price objective on the stock. Weiss Ratings cut Willdan Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, April 24th. Finally, Zacks Research upgraded Willdan Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, June 29th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $112.67.
Willdan Group Price Performance
Shares of NASDAQ:WLDN opened at $73.77 on Friday. The firm has a 50 day moving average of $87.45 and a 200-day moving average of $95.95. The stock has a market capitalization of $1.11 billion, a PE ratio of 19.88 and a beta of 1.13. The company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 0.15. Willdan Group, Inc. has a 12 month low of $64.67 and a 12 month high of $137.00.
Willdan Group (NASDAQ:WLDN – Get Free Report) last issued its quarterly earnings results on Thursday, May 7th. The construction company reported $0.91 earnings per share for the quarter, topping analysts’ consensus estimates of $0.81 by $0.10. The company had revenue of $92.43 million during the quarter, compared to the consensus estimate of $92.17 million. Willdan Group had a net margin of 8.24% and a return on equity of 23.36%. Willdan Group has set its FY 2026 guidance at 4.900-5.050 EPS. On average, equities research analysts predict that Willdan Group, Inc. will post 4.12 EPS for the current fiscal year.
Insider Activity at Willdan Group
In other news, CEO Michael A. Bieber sold 56,676 shares of the business’s stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $91.58, for a total transaction of $5,190,388.08. Following the completion of the transaction, the chief executive officer owned 249,525 shares of the company’s stock, valued at approximately $22,851,499.50. The trade was a 18.51% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 5.60% of the company’s stock.
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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