Citigroup Inc. Boosts Holdings in Willdan Group, Inc. $WLDN

Citigroup Inc. increased its holdings in Willdan Group, Inc. (NASDAQ:WLDN) by 36.9% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 28,202 shares of the construction company’s stock after acquiring an additional 7,600 shares during the period. Citigroup Inc. owned approximately 0.19% of Willdan Group worth $2,727,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Vanguard Group Inc. raised its position in Willdan Group by 27.1% in the third quarter. Vanguard Group Inc. now owns 1,075,270 shares of the construction company’s stock valued at $103,968,000 after purchasing an additional 229,357 shares during the period. Geode Capital Management LLC grew its holdings in shares of Willdan Group by 10.3% during the 2nd quarter. Geode Capital Management LLC now owns 336,752 shares of the construction company’s stock worth $21,054,000 after purchasing an additional 31,561 shares during the period. Wasatch Advisors LP purchased a new position in shares of Willdan Group during the 2nd quarter worth $20,188,000. Divisadero Street Capital Management LP increased its position in shares of Willdan Group by 62.3% during the 2nd quarter. Divisadero Street Capital Management LP now owns 278,955 shares of the construction company’s stock worth $17,437,000 after purchasing an additional 107,033 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its holdings in Willdan Group by 35.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 214,421 shares of the construction company’s stock valued at $8,731,000 after buying an additional 55,704 shares during the period. Institutional investors and hedge funds own 72.29% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the stock. Weiss Ratings reiterated a “buy (b)” rating on shares of Willdan Group in a research report on Monday, December 29th. Wall Street Zen upgraded shares of Willdan Group from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 28th. Wedbush increased their price objective on shares of Willdan Group from $120.00 to $145.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 14th. Compass Point set a $125.00 target price on shares of Willdan Group in a report on Friday, January 2nd. Finally, Zacks Research lowered Willdan Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 6th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Willdan Group presently has a consensus rating of “Moderate Buy” and an average price target of $124.33.

Willdan Group Stock Up 0.9%

Willdan Group stock opened at $82.98 on Friday. The firm has a market capitalization of $1.22 billion, a P/E ratio of 23.84 and a beta of 1.04. The company has a current ratio of 1.56, a quick ratio of 1.48 and a debt-to-equity ratio of 0.15. Willdan Group, Inc. has a twelve month low of $34.99 and a twelve month high of $137.00. The stock’s fifty day simple moving average is $115.63 and its 200-day simple moving average is $105.52.

Willdan Group (NASDAQ:WLDN) last released its earnings results on Thursday, February 26th. The construction company reported $1.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.79 by $0.78. Willdan Group had a return on equity of 23.34% and a net margin of 7.71%.The firm had revenue of $89.51 million during the quarter, compared to analyst estimates of $174.50 million. Willdan Group has set its FY 2026 guidance at 4.500-4.700 EPS. As a group, equities analysts expect that Willdan Group, Inc. will post 1.82 earnings per share for the current fiscal year.

Willdan Group 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.