JPMorgan Chase & Co. Sells 52,324 Shares of Willdan Group, Inc. $WLDN

JPMorgan Chase & Co. decreased its holdings in Willdan Group, Inc. (NASDAQ:WLDN) by 60.0% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 34,910 shares of the construction company’s stock after selling 52,324 shares during the quarter. JPMorgan Chase & Co. owned 0.24% of Willdan Group worth $3,375,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in WLDN. SBI Securities Co. Ltd. raised its position in Willdan Group by 1,915.4% in the third quarter. SBI Securities Co. Ltd. now owns 262 shares of the construction company’s stock worth $25,000 after acquiring an additional 249 shares during the period. Private Trust Co. NA purchased a new stake in shares of Willdan Group in the 3rd quarter worth $48,000. NewEdge Advisors LLC purchased a new stake in shares of Willdan Group in the 3rd quarter worth $48,000. State of Alaska Department of Revenue bought a new position in Willdan Group in the 3rd quarter worth $75,000. Finally, Raymond James Financial Inc. bought a new position in Willdan Group in the 2nd quarter worth $80,000. 72.29% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, Director Steven A. Cohen sold 6,000 shares of the business’s stock in a transaction that occurred on Friday, March 6th. The stock was sold at an average price of $81.82, for a total value of $490,920.00. Following the transaction, the director directly owned 20,849 shares of the company’s stock, valued at approximately $1,705,865.18. The trade was a 22.35% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 8.60% of the company’s stock.

Willdan Group Stock Performance

Shares of WLDN stock opened at $80.34 on Friday. Willdan Group, Inc. has a 52-week low of $36.43 and a 52-week high of $137.00. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.56 and a current ratio of 1.56. The firm has a market capitalization of $1.19 billion, a PE ratio of 23.09 and a beta of 1.12. The stock has a fifty day simple moving average of $99.36 and a two-hundred day simple moving average of $101.83.

Willdan Group (NASDAQ:WLDN) last announced its quarterly earnings data on Thursday, February 26th. The construction company reported $1.57 EPS for the quarter, beating the consensus estimate of $0.79 by $0.78. The business had revenue of $89.51 million for the quarter, compared to the consensus estimate of $174.50 million. Willdan Group had a return on equity of 23.34% and a net margin of 7.71%.Willdan Group has set its FY 2026 guidance at 4.500-4.700 EPS. On average, analysts predict that Willdan Group, Inc. will post 1.82 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

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

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.