Willdan Group, Inc. $WLDN Stock Bought by Kornitzer Capital Management Inc. KS

Kornitzer Capital Management Inc. KS raised its position in shares of Willdan Group, Inc. (NASDAQ:WLDN) by 21.1% during the 3rd quarter, Holdings Channel reports. The firm owned 83,053 shares of the construction company’s stock after buying an additional 14,468 shares during the quarter. Kornitzer Capital Management Inc. KS’s holdings in Willdan Group were worth $6,136,000 as of its most recent filing with the SEC.

A number of other hedge funds have also modified their holdings of the company. Integrated Wealth Concepts LLC purchased a new position in shares of Willdan Group in the second quarter worth about $29,000. Sterling Capital Management LLC boosted its position in Willdan Group by 254.9% in the third quarter. Sterling Capital Management LLC now owns 433 shares of the construction company’s stock valued at $32,000 after buying an additional 311 shares during the last quarter. State of Wyoming increased its holdings in Willdan Group by 104.0% in the 1st quarter. State of Wyoming now owns 720 shares of the construction company’s stock worth $55,000 after buying an additional 367 shares during the period. International Assets Investment Management LLC increased its holdings in Willdan Group by 67.0% in the 1st quarter. International Assets Investment Management LLC now owns 763 shares of the construction company’s stock worth $60,000 after buying an additional 306 shares during the period. Finally, Transamerica Financial Advisors LLC acquired a new position in Willdan Group in the 2nd quarter worth approximately $98,000. 72.29% of the stock is owned by institutional investors and hedge funds.

Willdan Group News Summary

Here are the key news stories impacting Willdan Group this week:

• Positive Sentiment: Willdan raised its FY 2026 adjusted EPS guidance to $5.15–$5.25, above the $4.87 consensus estimate. Earnings call transcript
• Positive Sentiment: Q3 contract revenue rose 17.9% to $214.5 million, net revenue increased 18.1% to $112.2 million, and adjusted EBITDA climbed 22.4% to $28.3 million. Adjusted EPS of $1.20 topped analyst expectations. Third-quarter results
• Positive Sentiment: Willdan was selected as one of 26 providers for the New York Power Authority’s Energy Services Program, with work available under ten-year contracts as projects are assigned. It also announced engineering work for 643 MW of energy infrastructure projects. NYPA selection Energy infrastructure projects
• Neutral Sentiment: The company’s revenue guidance of $435–$445 million was reported against a $746.5 million consensus estimate, a sizable apparent shortfall. The figures may not be directly comparable, so investors may seek clarification on the revenue measure used. Earnings call transcript
• Negative Sentiment: Despite growth in adjusted EBITDA, net income fell 13.6%, GAAP diluted EPS declined 15.6% to $0.76, and adjusted diluted EPS edged down 0.8% year over year. The weaker bottom-line comparisons may have weighed on investor sentiment. Third-quarter results

Insider Activity at Willdan Group

In other news, Director Thomas Brisbin sold 4,905 shares of the firm’s stock in a transaction that occurred on Tuesday, September 15th. The shares were sold at an average price of $79.36, for a total transaction of $389,260.80. Following the sale, the director owned 96,687 shares of the company’s stock, valued at $7,673,080.32. This trade represents a 4.83% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Over the last 90 days, insiders have sold 67,101 shares of company stock worth $5,871,388. 5.60% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several brokerages have commented on WLDN. Zacks Research cut shares of Willdan Group from a “strong-buy” rating to a “hold” rating in a research note on Thursday. Yorkville Ives started coverage on shares of Willdan Group in a research note on Monday, October 5th. They issued an “outperform” rating and a $100.00 price objective on the stock. Weiss Ratings reissued a “hold (c+)” rating on shares of Willdan Group in a report on Monday, October 19th. Wedbush reissued an “outperform” rating and set a $130.00 target price on shares of Willdan Group in a report on Wednesday, September 23rd. 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. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $118.33.

Willdan Group Price Performance

Shares of WLDN opened at $66.22 on Monday. The company has a market capitalization of $1.01 billion, a price-to-earnings ratio of 16.07 and a beta of 1.28. Willdan Group, Inc. has a 52 week low of $61.51 and a 52 week high of $137.00. The stock’s 50-day moving average price is $77.17 and its 200-day moving average price is $85.87. The company has a quick ratio of 1.37, a current ratio of 1.37 and a debt-to-equity ratio of 0.19.

Willdan Group (NASDAQ:WLDN) last announced its quarterly earnings results on Thursday, November 5th. The construction company reported $1.20 earnings per share for the quarter, beating the consensus estimate of $1.08 by $0.12. Willdan Group had a return on equity of 23.49% and a net margin of 8.19%. The company had revenue of $214.53 million during the quarter, compared to analysts’ expectations of $107.77 million. On average, sell-side analysts predict that Willdan Group, Inc. will post 4.06 EPS for the current year.

Willdan Group 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.