8,305 Shares in Willdan Group, Inc. $WLDN Bought by Kings Path Partners LLC

Kings Path Partners LLC bought a new position in Willdan Group, Inc. (NASDAQ:WLDN) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 8,305 shares of the construction company’s stock, valued at approximately $614,000. Kings Path Partners LLC owned approximately 0.05% of Willdan Group as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Dimensional Fund Advisors LP raised its stake in Willdan Group by 7.5% during the first quarter. Dimensional Fund Advisors LP now owns 308,947 shares of the construction company’s stock valued at $23,652,000 after buying an additional 21,669 shares during the last quarter. Legal & General Group Plc purchased a new stake in shares of Willdan Group in the second quarter worth $1,107,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Willdan Group by 30.2% in the second 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 acquiring an additional 6,496 shares during the last quarter. Handelsbanken Fonder AB grew its stake in shares of Willdan Group by 34.3% in the second quarter. Handelsbanken Fonder AB now owns 191,532 shares of the construction company’s stock worth $15,150,000 after acquiring an additional 48,876 shares during the last quarter. Finally, Bank of New York Mellon Corp bought a new position in shares of Willdan Group during the second quarter valued at $4,663,000. Hedge funds and other institutional investors own 72.29% of the company’s stock.

Analysts Set New Price Targets

WLDN has been the subject of several recent analyst reports. Zacks Research raised Willdan Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 7th. Yorkville Ives assumed coverage on shares of Willdan Group in a research report on Monday, October 5th. They set an “outperform” rating and a $100.00 price objective on the stock. Wedbush restated an “outperform” rating and set a $130.00 price objective on shares of Willdan Group in a research note on Wednesday, September 23rd. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Willdan Group in a report on Monday. Finally, Wall Street Zen upgraded shares of Willdan Group from a “hold” rating to a “buy” rating in a research note on Saturday, August 15th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $118.33.

Willdan Group Price Performance

NASDAQ WLDN opened at $72.80 on Thursday. Willdan Group, Inc. has a one year low of $64.67 and a one year high of $137.00. The stock has a 50-day moving average of $80.15 and a 200 day moving average of $81.45. The company has a market capitalization of $1.11 billion, a price-to-earnings ratio of 14.60 and a beta of 1.20. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.37 and a current ratio of 1.37.

Willdan Group (NASDAQ:WLDN) last announced its quarterly earnings results on Thursday, August 6th. The construction company reported $2.07 earnings per share (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 the consensus estimate 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. On average, sell-side analysts forecast that Willdan Group, Inc. will post 4.10 EPS for the current year.

Insider Buying and Selling at Willdan Group

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

Willdan Group Company Profile

Willdan Group, Inc (NASDAQ:WLDN) is a professional services company that provides technical, consulting and infrastructure solutions to utilities, government agencies and commercial clients. The company operates primarily in the United States, with a strong presence in California and other markets where energy, infrastructure and public-sector modernization services are in demand.

Through its energy-focused operations, Willdan designs and implements energy-efficiency, demand-response, electrification and distributed-energy programs.