Neumeier Poma Investment Counsel LLC acquired a new stake in shares of Willdan Group, Inc. (NASDAQ:WLDN – Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 530,210 shares of the construction company’s stock, valued at approximately $41,939,611. Willdan Group makes up 0.0% of Neumeier Poma Investment Counsel LLC’s holdings, making the stock its 20th biggest position. Neumeier Poma Investment Counsel LLC owned approximately 3.48% of Willdan Group as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently bought and sold shares of WLDN. Elevation Point Wealth Partners LLC purchased a new stake in Willdan Group in the second quarter valued at approximately $550,000. De Lisle Partners LLP bought a new position in shares of Willdan Group during the second quarter worth about $1,660,000. Summit Creek Advisors LLC acquired a new position in shares of Willdan Group during the second quarter valued at $6,602,000. BlackRock Inc. acquired a new stake in shares of Willdan Group during the second quarter valued at approximately $113,795,000. Finally, Deutsche Bank AG acquired a new stake in Willdan Group in the 2nd quarter worth approximately $4,408,000. 72.29% of the stock is owned by institutional investors and hedge funds.
Willdan Group Trading Down 0.9%
WLDN stock traded down $0.80 during trading on Friday, reaching $87.07. 55,514 shares of the stock traded hands, compared to its average volume of 338,997. 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 current ratio of 1.37 and a quick ratio of 1.37. The firm has a market capitalization of $1.33 billion, a PE ratio of 20.44 and a beta of 1.14. The business’s 50 day moving average price is $78.27 and its 200-day moving average price is $85.47.
Wall Street Analyst Weigh In
A number of analysts recently issued reports on WLDN shares. 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 target price on shares of Willdan Group in a research note on Tuesday, August 18th. Weiss Ratings reissued a “hold (c+)” rating on shares of Willdan Group in a research report on Tuesday, July 21st. Finally, Zacks Research cut shares of Willdan Group from a “strong-buy” rating to a “hold” rating in a research 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 stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $127.50.
View Our Latest Stock Report on Willdan Group
Willdan Group 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.
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