Willdan Group’s (WLDN) “Outperform” Rating Reiterated at Wedbush

Wedbush reissued their outperform rating on shares of Willdan Group (NASDAQ:WLDN) in a research report report published on Wednesday morning,Benzinga reports. Wedbush currently has a $130.00 price objective on the construction company’s stock.

Other analysts have also issued reports about the stock. Wall Street Zen raised shares of Willdan Group from a “hold” rating to a “buy” rating in a research report on Saturday, August 15th. Weiss Ratings reaffirmed 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 research note on Tuesday, July 28th. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, Willdan Group presently has an average rating of “Hold” and an average target price of $127.50.

Willdan Group Trading Down 0.9%

Shares of NASDAQ:WLDN opened at $78.93 on Wednesday. The company has a market capitalization of $1.20 billion, a PE ratio of 18.53 and a beta of 1.19. The company has a current ratio of 1.37, a quick ratio of 1.37 and a debt-to-equity ratio of 0.19. Willdan Group has a 12-month low of $64.67 and a 12-month high of $137.00. The business’s fifty day simple moving average is $80.57 and its 200-day simple moving average is $82.14.

Willdan Group (NASDAQ:WLDN) last issued its quarterly earnings data on Thursday, August 6th. The construction company reported $2.07 earnings per share 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 firm had revenue of $231.03 million during 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, equities research analysts predict that Willdan Group will post 4.1 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, Director Thomas Brisbin sold 58,757 shares of the company’s stock in a transaction dated Thursday, September 3rd. The stock was sold at an average price of $88.14, for a total transaction of $5,178,841.98. Following the transaction, the director directly owned 96,687 shares of the company’s stock, valued at $8,521,992.18. This represents a 37.80% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. In the last quarter, insiders sold 67,101 shares of company stock worth $5,871,388. 5.60% of the stock is owned by insiders.

Institutional Investors Weigh In On Willdan Group

Institutional investors have recently added to or reduced their stakes in the business. Tidal Investments LLC acquired a new position in shares of Willdan Group during the second quarter valued at about $615,000. Integrated Wealth Concepts LLC acquired a new stake in Willdan Group in the 2nd quarter worth approximately $29,000. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in Willdan Group in the 2nd quarter worth approximately $811,000. Concurrent Investment Advisors LLC boosted its stake in Willdan Group by 8.6% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 7,905 shares of the construction company’s stock worth $625,000 after purchasing an additional 625 shares in the last quarter. Finally, Two Sigma Securities LLC purchased a new stake in Willdan Group during the 2nd quarter worth approximately $218,000. Institutional investors and hedge funds own 72.29% of the company’s stock.

About Willdan Group

Willdan Group, Inc (NASDAQ: WLDN) is a professional, technical and consulting services company that helps utilities, government agencies and commercial organizations plan, develop and implement infrastructure and energy-related projects. Founded in 1964, the company serves clients primarily throughout the United States.

Willdan’s energy services include the design and administration of energy-efficiency and demand-response programs, electrification initiatives, distributed energy-resource projects, renewable-energy programs and grid-modernization efforts.