Walleye Capital LLC bought a new stake in Willdan Group, Inc. (NASDAQ:WLDN – Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 11,410 shares of the construction company’s stock, valued at approximately $903,000.
A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Leonteq Securities AG bought a new stake in Willdan Group during the first quarter worth about $29,000. Transamerica Financial Advisors LLC grew its stake in Willdan Group by 203.3% in 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. International Assets Investment Management LLC bought a new position in Willdan Group in the fourth quarter valued at approximately $47,000. NewEdge Advisors LLC acquired a new position in shares of Willdan Group during the 3rd quarter worth approximately $48,000. Finally, State of Wyoming increased its position in shares of Willdan Group by 104.0% during the 1st quarter. State of Wyoming now owns 720 shares of the construction company’s stock worth $55,000 after purchasing an additional 367 shares during the last quarter. Institutional investors and hedge funds own 72.29% of the company’s stock.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently 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 report on Saturday. Finally, Zacks Research downgraded shares of Willdan Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 28th. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $117.50.
Willdan Group Trading Up 2.0%
Shares of NASDAQ:WLDN opened at $86.40 on Friday. Willdan Group, Inc. has a 52-week low of $64.67 and a 52-week high of $137.00. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.68 and a current ratio of 1.37. The company has a market capitalization of $1.32 billion, a P/E ratio of 20.28 and a beta of 1.14. The company has a 50-day simple moving average of $80.11 and a 200 day simple moving average of $88.23.
Willdan Group (NASDAQ:WLDN – Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The construction company reported $2.07 earnings per share for the quarter, topping analysts’ consensus estimates of $1.30 by $0.77. The firm had revenue of $231.03 million for the quarter, compared to the consensus estimate of $102.27 million. Willdan Group had a return on equity of 24.51% and a net margin of 8.80%.Willdan Group has set its FY 2026 guidance at 5.000-5.150 EPS. Sell-side analysts forecast that Willdan Group, Inc. will post 4.12 earnings per share for the current year.
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.
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