Wasatch Advisors LP Sells 94,527 Shares of Willdan Group, Inc. $WLDN

Wasatch Advisors LP decreased its holdings in Willdan Group, Inc. (NASDAQ:WLDN) by 24.8% during the 2nd quarter, Holdings Channel.com reports. The fund owned 287,054 shares of the construction company’s stock after selling 94,527 shares during the quarter. Wasatch Advisors LP’s holdings in Willdan Group were worth $22,706,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in WLDN. Handelsbanken Fonder AB increased its holdings in Willdan Group by 34.3% during the 2nd quarter. Handelsbanken Fonder AB now owns 191,532 shares of the construction company’s stock worth $15,150,000 after purchasing an additional 48,876 shares in the last quarter. GK Wealth Management LLC bought a new position in shares of Willdan Group in the second quarter valued at approximately $383,000. NewEdge Advisors LLC lifted its holdings in shares of Willdan Group by 182.0% in the first quarter. NewEdge Advisors LLC now owns 1,410 shares of the construction company’s stock valued at $108,000 after purchasing an additional 910 shares in the last quarter. Argent Capital Management LLC purchased a new position in shares of Willdan Group during the first quarter valued at approximately $447,000. Finally, Amundi boosted its position in shares of Willdan Group by 50.7% during the first quarter. Amundi now owns 4,361 shares of the construction company’s stock valued at $334,000 after buying an additional 1,468 shares during the last quarter. Institutional investors and hedge funds own 72.29% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the company. Wall Street Zen lowered Willdan Group from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Willdan Group in a 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 investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $117.50.

Willdan Group Trading Up 1.2%

NASDAQ:WLDN opened at $84.93 on Thursday. Willdan Group, Inc. has a 52 week low of $64.67 and a 52 week high of $137.00. The firm has a 50-day moving average price of $80.59 and a two-hundred day moving average price of $88.55. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.68 and a current ratio of 1.68. The firm has a market cap of $1.29 billion, a price-to-earnings ratio of 19.94 and a beta of 1.14.

Willdan Group (NASDAQ:WLDN) last announced its earnings results 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. The firm had revenue of $231.03 million for the quarter, compared to the consensus estimate of $102.27 million. Willdan Group had a return on equity of 25.56% and a net margin of 8.80%.Willdan Group has set its FY 2026 guidance at 5.000-5.150 EPS. On average, equities analysts expect that Willdan Group, Inc. will post 4.12 earnings per share for the current fiscal year.

Willdan Group Company 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.