Willdan Group (NASDAQ:WLDN) Downgraded by Wall Street Zen to “Hold”

Wall Street Zen cut shares of Willdan Group (NASDAQ:WLDN) from a buy rating to a hold rating in a report released on Saturday.

Several other brokerages also recently weighed in on WLDN. Weiss Ratings downgraded shares of Willdan Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, April 24th. Wedbush started coverage on shares of Willdan Group in a research report on Thursday, April 9th. They set an “outperform” rating and a $110.00 price target on the stock. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, Willdan Group has a consensus rating of “Moderate Buy” and a consensus target price of $112.67.

Willdan Group Trading Up 0.5%

Shares of NASDAQ:WLDN opened at $92.12 on Friday. The company has a market cap of $1.39 billion, a PE ratio of 24.83 and a beta of 1.07. The company’s 50-day moving average price is $79.97 and its 200 day moving average price is $98.61. Willdan Group has a fifty-two week low of $46.57 and a fifty-two week high of $137.00. The company has a quick ratio of 1.56, a current ratio of 1.68 and a debt-to-equity ratio of 0.15.

Willdan Group (NASDAQ:WLDN) last issued its quarterly earnings data on Thursday, May 7th. The construction company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.81 by $0.10. The firm had revenue of $92.43 million for 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. Sell-side analysts anticipate that Willdan Group will post 3.88 earnings per share for the current year.

Insider Activity at Willdan Group

In other news, CEO Michael A. Bieber sold 56,676 shares of Willdan Group stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $91.58, for a total value of $5,190,388.08. Following the transaction, the chief executive officer directly owned 249,525 shares of the company’s stock, valued at $22,851,499.50. This trade represents a 18.51% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Steven A. Cohen sold 6,000 shares of Willdan Group stock in a transaction that occurred on Friday, March 6th. The stock was sold at an average price of $81.82, for a total transaction of $490,920.00. Following the completion of the transaction, the director directly owned 20,849 shares in the company, valued at approximately $1,705,865.18. This trade represents a 22.35% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 72,667 shares of company stock worth $6,606,974. 5.60% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in WLDN. SBI Securities Co. Ltd. grew its position in Willdan Group by 1,915.4% during the third quarter. SBI Securities Co. Ltd. now owns 262 shares of the construction company’s stock valued at $25,000 after purchasing an additional 249 shares in the last quarter. Spire Wealth Management purchased a new position in Willdan Group during the fourth quarter valued at approximately $26,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in Willdan Group during the fourth quarter valued at approximately $28,000. Leonteq Securities AG purchased a new position in Willdan Group during the first quarter valued at approximately $29,000. Finally, Transamerica Financial Advisors LLC grew its position in Willdan Group by 203.3% during the fourth quarter. Transamerica Financial Advisors LLC now owns 364 shares of the construction company’s stock valued at $38,000 after purchasing an additional 244 shares in the last quarter. 72.29% of the stock is owned by hedge funds and other institutional investors.

About Willdan Group

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.