Wedbush Securities Inc. Acquires 6,297 Shares of Willdan Group, Inc. $WLDN

Wedbush Securities Inc. boosted its holdings in shares of Willdan Group, Inc. (NASDAQ:WLDN) by 103.8% during the second quarter, Holdings Channel reports. The firm owned 12,362 shares of the construction company’s stock after acquiring an additional 6,297 shares during the quarter. Wedbush Securities Inc.’s holdings in Willdan Group were worth $978,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of WLDN. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in Willdan Group by 30.2% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 28,039 shares of the construction company’s stock worth $2,218,000 after buying an additional 6,496 shares during the period. Hsbc Holdings PLC increased its stake in shares of Willdan Group by 1.6% during the second quarter. Hsbc Holdings PLC now owns 13,173 shares of the construction company’s stock valued at $1,024,000 after buying an additional 208 shares during the period. Wellington Management Group LLP purchased a new position in shares of Willdan Group during the second quarter valued at approximately $16,682,000. Jefferies Financial Group Inc. bought a new position in shares of Willdan Group during the second quarter valued at approximately $3,259,000. Finally, Pure Financial Advisors LLC purchased a new stake in Willdan Group in the second quarter worth $622,000. Institutional investors own 72.29% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on WLDN. Weiss Ratings reiterated a “hold (c+)” rating on shares of Willdan Group in a report on Tuesday, July 21st. Wedbush reaffirmed an “outperform” rating and issued a $130.00 target price on shares of Willdan Group in a research report on Tuesday, August 18th. Zacks Research lowered shares of Willdan Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 28th. Finally, Wall Street Zen upgraded shares of Willdan Group from a “hold” rating to a “buy” rating in a research report on Saturday, August 15th. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Willdan Group currently has a consensus rating of “Hold” and an average price target of $127.50.

Willdan Group Price Performance

Shares of WLDN stock opened at $87.95 on Tuesday. The business’s fifty day moving average is $78.35 and its 200 day moving average is $85.08. The company has a quick ratio of 1.37, a current ratio of 1.37 and a debt-to-equity ratio of 0.19. The stock has a market cap of $1.34 billion, a price-to-earnings ratio of 20.65 and a beta of 1.14. Willdan Group, Inc. has a twelve month low of $64.67 and a twelve month high of $137.00.

Willdan Group (NASDAQ:WLDN) last announced its earnings results on Thursday, August 6th. The construction company reported $2.07 EPS for the quarter, beating analysts’ consensus estimates of $1.30 by $0.77. The firm had revenue of $231.03 million for the quarter, compared to analysts’ expectations of $102.27 million. Willdan Group had a net margin of 8.80% and a return on equity of 24.51%. Willdan Group has set its FY 2026 guidance at 5.000-5.150 EPS. Research analysts expect that Willdan Group, Inc. will post 4.1 EPS for the current fiscal year.

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.