Wellington Management Group LLP Purchases New Position in Willdan Group, Inc. $WLDN

Wellington Management Group LLP bought a new position in shares of Willdan Group, Inc. (NASDAQ:WLDN) during the second quarter, HoldingsChannel.com reports. The institutional investor bought 210,895 shares of the construction company’s stock, valued at approximately $16,682,000.

A number of other hedge funds have also bought and sold shares of WLDN. Leonteq Securities AG bought a new position in shares of Willdan Group during the first quarter worth approximately $29,000. Transamerica Financial Advisors LLC raised its holdings in shares of Willdan Group by 203.3% during the 4th quarter. Transamerica Financial Advisors LLC now owns 364 shares of the construction company’s stock worth $38,000 after buying an additional 244 shares in the last quarter. International Assets Investment Management LLC bought a new position in shares of Willdan Group in the fourth quarter worth about $47,000. NewEdge Advisors LLC bought a new position in Willdan Group in the 3rd quarter valued at approximately $48,000. Finally, State of Wyoming lifted its stake in shares of Willdan Group by 104.0% in the 1st quarter. State of Wyoming now owns 720 shares of the construction company’s stock valued at $55,000 after acquiring an additional 367 shares during the last quarter. 72.29% of the stock is owned by institutional investors.

Insider Transactions at Willdan Group

In other news, Director Thomas Brisbin sold 58,757 shares of the business’s stock in a transaction that occurred on Thursday, September 3rd. The shares were sold at an average price of $88.14, for a total value of $5,178,841.98. Following the transaction, the director owned 96,687 shares in the company, valued at approximately $8,521,992.18. The trade was a 37.80% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 5.60% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently commented on the company. Wall Street Zen raised Willdan Group from a “hold” rating to a “buy” rating in a research note on Saturday, August 15th. Wedbush reiterated an “outperform” rating and issued a $130.00 price objective on shares of Willdan Group in a 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. 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 investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $127.50.

Willdan Group Stock Performance

Shares of WLDN stock opened at $85.78 on Monday. Willdan Group, Inc. has a 1-year low of $64.67 and a 1-year high of $137.00. The company has a current ratio of 1.37, a quick ratio of 1.37 and a debt-to-equity ratio of 0.19. The stock has a market cap of $1.31 billion, a price-to-earnings ratio of 20.14 and a beta of 1.19. The stock has a 50-day moving average of $78.83 and a 200-day moving average of $84.28.

Willdan Group (NASDAQ:WLDN) last posted its quarterly earnings data 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 company had revenue of $231.03 million for the quarter, compared to analyst estimates of $102.27 million. Willdan Group has set its FY 2026 guidance at 5.000-5.150 EPS. On average, equities research analysts forecast 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.