Willdan Group (NASDAQ:WLDN) Cut to Buy at Wall Street Zen

Wall Street Zen cut shares of Willdan Group (NASDAQ:WLDN) from a strong-buy rating to a buy rating in a research note published on Saturday.

WLDN has been the topic of a number of other research reports. Compass Point set a $125.00 price target on shares of Willdan Group in a report on Friday, January 2nd. Wedbush upped their price objective on shares of Willdan Group from $120.00 to $145.00 and gave the stock an “outperform” rating in a report on Wednesday, January 14th. Weiss Ratings reissued a “buy (b)” rating on shares of Willdan Group in a research report on Monday, December 29th. Finally, Zacks Research lowered Willdan Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 6th. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $124.33.

Willdan Group Trading Down 1.1%

Shares of NASDAQ WLDN opened at $78.61 on Friday. The business has a 50 day simple moving average of $112.54 and a 200 day simple moving average of $104.17. Willdan Group has a 52 week low of $36.43 and a 52 week high of $137.00. The stock has a market cap of $1.16 billion, a price-to-earnings ratio of 22.59 and a beta of 1.04. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.56 and a current ratio of 1.56.

Willdan Group (NASDAQ:WLDN) last issued its quarterly earnings data on Thursday, February 26th. The construction company reported $1.57 earnings per share for the quarter, beating the consensus estimate of $0.79 by $0.78. The firm had revenue of $89.51 million for the quarter, compared to analyst estimates of $174.50 million. Willdan Group had a net margin of 7.71% and a return on equity of 23.34%. Willdan Group has set its FY 2026 guidance at 4.500-4.700 EPS. On average, research analysts predict that Willdan Group will post 1.82 earnings per share for the current fiscal year.

Insider Activity at Willdan Group

In other news, Director Steven A. Cohen sold 6,000 shares of Willdan Group stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $81.82, for a total value of $490,920.00. Following the transaction, the director owned 20,849 shares of the company’s stock, valued at $1,705,865.18. This trade represents a 22.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 8.60% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Willdan Group by 1.1% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,615 shares of the construction company’s stock worth $476,000 after acquiring an additional 85 shares during the period. Truvestments Capital LLC boosted its holdings in Willdan Group by 3.0% during the fourth quarter. Truvestments Capital LLC now owns 3,708 shares of the construction company’s stock valued at $384,000 after acquiring an additional 108 shares during the period. CWM LLC grew its position in shares of Willdan Group by 5.4% in the fourth quarter. CWM LLC now owns 2,303 shares of the construction company’s stock valued at $239,000 after purchasing an additional 118 shares during the last quarter. Mariner LLC grew its position in shares of Willdan Group by 2.0% in the fourth quarter. Mariner LLC now owns 6,062 shares of the construction company’s stock valued at $629,000 after purchasing an additional 118 shares during the last quarter. Finally, New York State Teachers Retirement System increased its stake in shares of Willdan Group by 11.9% in the third quarter. New York State Teachers Retirement System now owns 1,263 shares of the construction company’s stock worth $122,000 after purchasing an additional 134 shares during the period. 72.29% of the stock is currently owned by institutional investors and hedge funds.

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.