Zacks Research Upgrades Willdan Group (NASDAQ:WLDN) to “Strong-Buy”

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

Other equities analysts also recently issued research reports about the company. Wedbush began coverage on Willdan Group in a research report on Thursday, April 9th. They issued an “outperform” rating and a $110.00 price objective for the company. Weiss Ratings lowered Willdan Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, April 24th. Finally, Wall Street Zen cut Willdan Group from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $112.67.

Willdan Group Stock Down 0.2%

WLDN opened at $79.10 on Monday. The firm has a market cap of $1.20 billion, a price-to-earnings ratio of 21.32 and a beta of 1.11. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.68 and a current ratio of 1.68. The firm’s 50-day simple moving average is $87.28 and its 200-day simple moving average is $97.38. Willdan Group has a twelve month low of $62.16 and a twelve month high of $137.00.

Willdan Group (NASDAQ:WLDN) last released its quarterly earnings results on Thursday, May 7th. The construction company reported $0.91 EPS for the quarter, beating analysts’ consensus estimates of $0.81 by $0.10. The firm had revenue of $92.43 million for the quarter, compared to analyst estimates 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. Equities research analysts anticipate that Willdan Group will post 4.12 EPS for the current fiscal year.

Insider Transactions at Willdan Group

In other news, CEO Michael A. Bieber sold 56,676 shares of the firm’s stock in a transaction dated 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 owned 249,525 shares of the company’s stock, valued at approximately $22,851,499.50. This trade represents a 18.51% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 5.60% of the company’s stock.

Hedge Funds Weigh In On Willdan Group

Several large investors have recently bought and sold shares of WLDN. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Willdan Group by 1.1% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,615 shares of the construction company’s stock valued at $476,000 after acquiring an additional 85 shares during the last quarter. Truvestments Capital LLC grew its stake in shares of Willdan Group by 3.0% during the fourth quarter. Truvestments Capital LLC now owns 3,708 shares of the construction company’s stock worth $384,000 after purchasing an additional 108 shares during the period. CWM LLC increased its holdings in Willdan Group by 5.4% in the fourth quarter. CWM LLC now owns 2,303 shares of the construction company’s stock valued at $239,000 after purchasing an additional 118 shares during the last quarter. Mariner LLC lifted its stake in Willdan Group by 2.0% in the fourth quarter. Mariner LLC now owns 6,062 shares of the construction company’s stock valued at $629,000 after buying an additional 118 shares during the period. Finally, Diversified Trust Co. boosted its holdings in Willdan Group by 4.7% during the fourth quarter. Diversified Trust Co. now owns 4,308 shares of the construction company’s stock worth $447,000 after buying an additional 192 shares during the last quarter. 72.29% of the stock is currently owned by institutional investors and hedge funds.

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.