Wellington Management Group LLP Buys New Position in Willdan Group, Inc. $WLDN

Wellington Management Group LLP bought a new stake in Willdan Group, Inc. (NASDAQ:WLDN) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 210,895 shares of the construction company’s stock, valued at approximately $16,682,000. Wellington Management Group LLP owned approximately 1.38% of Willdan Group as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Royal Bank of Canada raised its holdings in shares of Willdan Group by 3.2% in the first quarter. Royal Bank of Canada now owns 76,990 shares of the construction company’s stock valued at $3,134,000 after purchasing an additional 2,386 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Willdan Group by 4.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,530 shares of the construction company’s stock worth $307,000 after purchasing an additional 312 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in Willdan Group by 35.1% during the first quarter. Goldman Sachs Group Inc. now owns 214,421 shares of the construction company’s stock worth $8,731,000 after purchasing an additional 55,704 shares during the last quarter. Jane Street Group LLC boosted its holdings in Willdan Group by 205.9% during the first quarter. Jane Street Group LLC now owns 25,302 shares of the construction company’s stock worth $1,030,000 after purchasing an additional 17,031 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its position in Willdan Group by 10.9% in the second quarter. JPMorgan Chase & Co. now owns 87,234 shares of the construction company’s stock valued at $5,453,000 after purchasing an additional 8,602 shares in the last quarter. Institutional investors and hedge funds own 72.29% of the company’s stock.

Insider Transactions at Willdan Group

In other news, Director Thomas Brisbin sold 58,757 shares of Willdan Group stock in a transaction that occurred on Thursday, September 3rd. The stock was sold at an average price of $88.14, for a total transaction of $5,178,841.98. Following the completion of the transaction, the director directly owned 96,687 shares in the company, valued at approximately $8,521,992.18. The trade was a 37.80% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 5.60% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several equities research analysts have issued reports on WLDN shares. Weiss Ratings reiterated a “hold (c+)” rating on shares of Willdan Group in a research note on Tuesday, July 21st. Wall Street Zen upgraded shares of Willdan Group from a “hold” rating to a “buy” rating in a research note on Saturday, August 15th. Wedbush restated an “outperform” rating and issued a $130.00 price objective on shares of Willdan Group in a report on Tuesday, August 18th. Finally, Zacks Research downgraded Willdan Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 28th. One analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, Willdan Group presently has an average rating of “Hold” and a consensus price target of $127.50.

Willdan Group Price Performance

Shares of WLDN opened at $85.78 on Monday. The company has a market cap of $1.31 billion, a price-to-earnings ratio of 20.14 and a beta of 1.19. Willdan Group, Inc. has a 1-year low of $64.67 and a 1-year high of $137.00. The company’s fifty day simple moving average is $78.83 and its 200 day simple moving average is $84.28. The company has a current ratio of 1.37, a quick ratio of 1.37 and a debt-to-equity ratio of 0.19.

Willdan Group (NASDAQ:WLDN) last posted its quarterly earnings results on Thursday, August 6th. The construction company reported $2.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.30 by $0.77. The firm had revenue of $231.03 million for the quarter, compared to analyst estimates 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, research analysts forecast that Willdan Group, Inc. will post 4.1 earnings per share for the current fiscal 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.