EFG International AG bought a new position in shares of Willdan Group, Inc. (NASDAQ:WLDN – Free Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 45,157 shares of the construction company’s stock, valued at approximately $3,571,000. EFG International AG owned 0.30% of Willdan Group at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently bought and sold shares of the company. BlackRock Inc. purchased a new stake in shares of Willdan Group in the 2nd quarter valued at approximately $113,795,000. Vanguard Group Inc. raised its position in shares of Willdan Group by 11.7% during the 4th quarter. Vanguard Group Inc. now owns 1,201,517 shares of the construction company’s stock valued at $124,549,000 after buying an additional 126,247 shares during the period. Neumeier Poma Investment Counsel LLC purchased a new stake in shares of Willdan Group during the 2nd quarter valued at approximately $41,939,611,000. Wasatch Advisors LP lifted its holdings in Willdan Group by 45.9% in the first quarter. Wasatch Advisors LP now owns 381,581 shares of the construction company’s stock valued at $29,214,000 after acquiring an additional 120,110 shares during the last quarter. Finally, Geode Capital Management LLC lifted its holdings in Willdan Group by 0.6% in the fourth quarter. Geode Capital Management LLC now owns 343,000 shares of the construction company’s stock valued at $35,561,000 after acquiring an additional 2,185 shares during the last quarter. 72.29% of the stock is currently owned by institutional investors and hedge funds.
Willdan Group Stock Performance
NASDAQ:WLDN opened at $85.94 on Thursday. Willdan Group, Inc. has a fifty-two week low of $64.67 and a fifty-two week high of $137.00. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.37 and a current ratio of 1.37. The company has a 50 day moving average price of $78.29 and a 200 day moving average price of $85.66. The stock has a market capitalization of $1.31 billion, a P/E ratio of 20.17 and a beta of 1.14.
Analysts Set New Price Targets
WLDN has been the subject of several recent analyst reports. Wedbush reissued an “outperform” rating and set a $130.00 target price on shares of Willdan Group in a research note on Tuesday, August 18th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Willdan Group in a research note on Tuesday, July 21st. Wall Street Zen upgraded Willdan Group from a “hold” rating to a “buy” rating in a report on Saturday, August 15th. Finally, Zacks Research downgraded 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 company’s stock. According to data from MarketBeat.com, Willdan Group presently has an average rating of “Hold” and an average price target of $127.50.
Check Out Our Latest Stock Analysis on WLDN
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.
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