Willdan Group (NASDAQ:WLDN) Rating Lowered to “Hold” at Zacks Research

Willdan Group (NASDAQ:WLDN) was downgraded by stock analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a note issued to investors on Tuesday,Zacks.com reports.

Other equities research analysts also recently issued research reports about the company. Weiss Ratings reissued a “hold (c+)” rating on shares of Willdan Group in a report on Tuesday, July 21st. Wall Street Zen downgraded shares of Willdan Group from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. Finally, Wedbush initiated 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 stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $112.67.

Willdan Group Price Performance

Willdan Group stock opened at $67.71 on Tuesday. The company has a market capitalization of $1.02 billion, a price-to-earnings ratio of 18.25 and a beta of 1.13. The company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 0.15. Willdan Group has a 12 month low of $64.67 and a 12 month high of $137.00. The stock’s 50 day moving average is $83.79 and its 200-day moving average is $92.19.

Willdan Group (NASDAQ:WLDN) last released its quarterly earnings results on Thursday, May 7th. The construction company reported $0.91 earnings per share for the quarter, topping the consensus estimate of $0.81 by $0.10. The business had revenue of $92.43 million during the quarter, compared to analysts’ expectations of $92.17 million. Willdan Group had a return on equity of 23.36% and a net margin of 8.24%.Willdan Group has set its FY 2026 guidance at 4.900-5.050 EPS. Equities research analysts expect that Willdan Group will post 4.12 EPS for the current year.

Insider Buying and Selling at Willdan Group

In other news, CEO Michael A. Bieber sold 56,676 shares of the stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $91.58, for a total transaction of $5,190,388.08. Following the sale, the chief executive officer directly owned 249,525 shares of the company’s stock, valued at approximately $22,851,499.50. This represents a 18.51% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 5.60% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Swedbank AB increased its holdings in Willdan Group by 36.8% in the 4th quarter. Swedbank AB now owns 174,800 shares of the construction company’s stock valued at $18,120,000 after buying an additional 47,000 shares during the period. Handelsbanken Fonder AB lifted its holdings in shares of Willdan Group by 53.8% during the 4th quarter. Handelsbanken Fonder AB now owns 199,671 shares of the construction company’s stock worth $20,698,000 after acquiring an additional 69,835 shares during the period. Allspring Global Investments Holdings LLC lifted its holdings in shares of Willdan Group by 25.0% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 178,805 shares of the construction company’s stock worth $19,071,000 after acquiring an additional 35,706 shares during the period. Precision Wealth Strategies LLC acquired a new stake in shares of Willdan Group during the 4th quarter worth approximately $1,681,000. Finally, Asset Management One Co. Ltd. boosted its position in shares of Willdan Group by 99.2% during the 4th quarter. Asset Management One Co. Ltd. now owns 79,980 shares of the construction company’s stock worth $8,852,000 after acquiring an additional 39,832 shares in the last quarter. Institutional investors and hedge funds own 72.29% of the company’s stock.

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.