Decker Retirement Planning Inc. Makes New $3.26 Million Investment in Willdan Group, Inc. $WLDN

Decker Retirement Planning Inc. acquired a new stake in shares of Willdan Group, Inc. (NASDAQ:WLDN) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 33,679 shares of the construction company’s stock, valued at approximately $3,256,000. Willdan Group accounts for 1.8% of Decker Retirement Planning Inc.’s portfolio, making the stock its 17th biggest position. Decker Retirement Planning Inc. owned approximately 0.23% of Willdan Group as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also made changes to their positions in WLDN. AdvisorShares Investments LLC acquired a new stake in shares of Willdan Group during the 2nd quarter worth about $30,000. Private Trust Co. NA acquired a new stake in shares of Willdan Group during the third quarter worth approximately $48,000. USA Financial Formulas bought a new position in shares of Willdan Group in the second quarter valued at approximately $65,000. State of Alaska Department of Revenue bought a new position in shares of Willdan Group in the third quarter valued at approximately $75,000. Finally, Raymond James Financial Inc. acquired a new position in shares of Willdan Group in the 2nd quarter worth approximately $80,000. Institutional investors own 72.29% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on WLDN. Zacks Research cut Willdan Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 6th. Weiss Ratings restated a “buy (b)” rating on shares of Willdan Group in a research note on Monday, December 29th. Wedbush reiterated an “outperform” rating and set a $120.00 price target on shares of Willdan Group in a research report on Monday, October 6th. Compass Point set a $125.00 price objective on shares of Willdan Group in a report on Friday, January 2nd. Finally, Wall Street Zen cut shares of Willdan Group from a “strong-buy” rating to a “buy” rating in a research report on Sunday. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $116.00.

Willdan Group Trading Up 1.5%

Shares of WLDN opened at $121.60 on Tuesday. The stock’s fifty day simple moving average is $102.99 and its 200-day simple moving average is $97.08. The firm has a market capitalization of $1.79 billion, a PE ratio of 43.74 and a beta of 0.96. Willdan Group, Inc. has a 12-month low of $30.43 and a 12-month high of $122.99. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 0.17.

Willdan Group (NASDAQ:WLDN) last announced its quarterly earnings data on Thursday, November 6th. The construction company reported $1.21 EPS for the quarter, topping analysts’ consensus estimates of $0.81 by $0.40. Willdan Group had a return on equity of 20.23% and a net margin of 6.37%.The firm had revenue of $94.97 million during the quarter, compared to analyst estimates of $164.00 million. As a group, research analysts predict that Willdan Group, Inc. will post 1.82 earnings per share for the current 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.