Wedbush Securities Inc. Buys 6,297 Shares of Willdan Group, Inc. $WLDN

Wedbush Securities Inc. increased its stake in Willdan Group, Inc. (NASDAQ:WLDN) by 103.8% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 12,362 shares of the construction company’s stock after acquiring an additional 6,297 shares during the period. Wedbush Securities Inc. owned about 0.08% of Willdan Group worth $978,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Leonteq Securities AG bought a new stake in Willdan Group during the first quarter worth about $29,000. Transamerica Financial Advisors LLC boosted its holdings in shares of Willdan Group by 203.3% in the 4th quarter. Transamerica Financial Advisors LLC now owns 364 shares of the construction company’s stock worth $38,000 after purchasing an additional 244 shares in the last quarter. International Assets Investment Management LLC bought a new position in shares of Willdan Group during the 4th quarter valued at about $47,000. NewEdge Advisors LLC bought a new position in shares of Willdan Group during the 3rd quarter valued at about $48,000. Finally, State of Wyoming raised its holdings 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 valued at $55,000 after buying an additional 367 shares in the last quarter. Institutional investors own 72.29% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently weighed in on WLDN shares. Wedbush restated an “outperform” rating and issued a $130.00 target price on shares of Willdan Group in a research report on Tuesday, August 18th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Willdan Group in a research report on Tuesday, July 21st. Wall Street Zen raised shares of Willdan Group from a “hold” rating to a “buy” rating in a research note on Saturday, August 15th. Finally, Zacks Research lowered shares of Willdan Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 28th. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, Willdan Group presently has an average rating of “Hold” and an average price target of $127.50.

Willdan Group Trading Down 0.0%

Shares of WLDN stock opened at $87.95 on Tuesday. The stock has a market capitalization of $1.34 billion, a PE ratio of 20.65 and a beta of 1.14. Willdan Group, Inc. has a 1-year low of $64.67 and a 1-year high of $137.00. The business has a 50-day moving average of $78.35 and a 200 day moving average of $85.08. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.37 and a quick ratio of 1.37.

Willdan Group (NASDAQ:WLDN) last announced its quarterly earnings results on Thursday, August 6th. The construction company reported $2.07 EPS for the quarter, topping analysts’ consensus estimates of $1.30 by $0.77. Willdan Group had a return on equity of 24.51% and a net margin of 8.80%.The business had revenue of $231.03 million for the quarter, compared to analysts’ expectations of $102.27 million. Willdan Group has set its FY 2026 guidance at 5.000-5.150 EPS. As a group, sell-side analysts anticipate that Willdan Group, Inc. will post 4.1 earnings per share for the current 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.