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

Wedbush reiterated their outperform rating on shares of Willdan Group (NASDAQ:WLDN) in a report released on Tuesday morning,Benzinga reports. They currently have a $130.00 target price on the construction company’s stock.

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

Willdan Group Stock Performance

Shares of WLDN stock opened at $85.58 on Tuesday. The company has a market capitalization of $1.30 billion, a price-to-earnings ratio of 20.09 and a beta of 1.14. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.37 and a current ratio of 1.37. The company has a 50-day simple moving average of $79.05 and a 200 day simple moving average of $86.61. Willdan Group has a 52 week low of $64.67 and a 52 week high of $137.00.

Willdan Group (NASDAQ:WLDN) last released its quarterly earnings results on Thursday, August 6th. The construction company reported $2.07 earnings per share for the quarter, beating the consensus estimate of $1.30 by $0.77. The firm had revenue of $231.03 million for the quarter, compared to analysts’ expectations 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. On average, sell-side analysts predict that Willdan Group will post 4.1 earnings per share for the current year.

Hedge Funds Weigh In On Willdan Group

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Two Sigma Securities LLC bought a new stake in shares of Willdan Group during the second quarter worth $218,000. Wedbush Securities Inc. increased its holdings in shares of Willdan Group by 103.8% during the second quarter. Wedbush Securities Inc. now owns 12,362 shares of the construction company’s stock worth $978,000 after buying an additional 6,297 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of Willdan Group by 30.2% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 28,039 shares of the construction company’s stock valued at $2,218,000 after acquiring an additional 6,496 shares during the last quarter. Hsbc Holdings PLC lifted its stake in shares of Willdan Group by 1.6% in the 2nd quarter. Hsbc Holdings PLC now owns 13,173 shares of the construction company’s stock valued at $1,024,000 after acquiring an additional 208 shares during the last quarter. Finally, Wellington Management Group LLP acquired a new stake in shares of Willdan Group during the 2nd quarter valued at $16,682,000. Institutional investors own 72.29% 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.