Bailard Inc. Has $444,000 Stock Holdings in Willdan Group, Inc. $WLDN

Bailard Inc. lowered its holdings in shares of Willdan Group, Inc. (NASDAQ:WLDN) by 11.3% in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 7,100 shares of the construction company’s stock after selling 900 shares during the period. Bailard Inc.’s holdings in Willdan Group were worth $444,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also modified their holdings of the company. Geode Capital Management LLC grew its position in Willdan Group by 10.3% in the second quarter. Geode Capital Management LLC now owns 336,752 shares of the construction company’s stock valued at $21,054,000 after acquiring an additional 31,561 shares during the last quarter. Campbell & CO Investment Adviser LLC acquired a new stake in shares of Willdan Group in the 2nd quarter valued at approximately $1,500,000. Connor Clark & Lunn Investment Management Ltd. grew its holdings in shares of Willdan Group by 45.1% during the 2nd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 67,334 shares of the construction company’s stock valued at $4,209,000 after purchasing an additional 20,941 shares during the last quarter. AdvisorShares Investments LLC bought a new stake in shares of Willdan Group during the 2nd quarter valued at approximately $30,000. Finally, Y Intercept Hong Kong Ltd acquired a new position in Willdan Group during the 2nd quarter worth approximately $713,000. 72.29% of the stock is currently owned by institutional investors.

Willdan Group Stock Performance

Shares of Willdan Group stock opened at $95.87 on Friday. The stock has a market cap of $1.41 billion, a price-to-earnings ratio of 40.11 and a beta of 1.26. Willdan Group, Inc. has a twelve month low of $30.43 and a twelve month high of $121.00. The company’s fifty day moving average is $95.93 and its 200 day moving average is $81.06. The company has a quick ratio of 1.43, a current ratio of 1.43 and a debt-to-equity ratio of 0.22.

Willdan Group (NASDAQ:WLDN) last announced its earnings results on Thursday, November 6th. The construction company reported $1.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.81 by $0.40. Willdan Group had a return on equity of 18.60% and a net margin of 5.60%.The business had revenue of $94.97 million during the quarter, compared to analyst estimates of $164.00 million. Willdan Group has set its FY 2025 guidance at EPS. Sell-side analysts forecast that Willdan Group, Inc. will post 1.82 EPS for the current year.

Analysts Set New Price Targets

A number of analysts have weighed in on WLDN shares. Roth Capital restated a “buy” rating and issued a $103.00 target price (up previously from $62.00) on shares of Willdan Group in a research report on Tuesday, August 5th. Wall Street Zen downgraded shares of Willdan Group from a “strong-buy” rating to a “buy” rating in a report on Saturday. Zacks Research downgraded Willdan Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 7th. Weiss Ratings restated a “buy (b)” rating on shares of Willdan Group in a research report on Thursday, October 30th. Finally, Wedbush reiterated an “outperform” rating and issued a $120.00 target price on shares of Willdan Group in a research report on Monday, October 6th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, Willdan Group has a consensus rating of “Moderate Buy” and a consensus target price of $111.50.

Insider Buying and Selling

In related news, Director Dennis V. Mcginn sold 7,298 shares of the company’s stock in a transaction that occurred on Thursday, September 18th. The stock was sold at an average price of $106.32, for a total value of $775,923.36. Following the sale, the director directly owned 11,330 shares in the company, valued at $1,204,605.60. This represents a 39.18% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, VP Micah Chen sold 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 18th. The stock was sold at an average price of $106.00, for a total transaction of $1,060,000.00. Following the transaction, the vice president owned 40,423 shares of the company’s stock, valued at approximately $4,284,838. The trade was a 19.83% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 402,562 shares of company stock valued at $43,325,827 over the last ninety days. 8.60% of the stock is owned by company insiders.

Willdan Group Company Profile

Willdan Group, Inc, together with its subsidiaries, provides professional, technical, and consulting services primarily in the United States. It operates in two segments, Energy, and Engineering and Consulting. The Energy segment offers comprehensive audit and surveys, program design and implementation, master planning, demand reduction, grid optimization, benchmarking analyses, design engineering, construction management, performance contracting, installation, alternative financing, measurement and verification services, and software and data analytics, as well as energy consulting and engineering, turnkey facility and infrastructure projects, and customer support services.