Willdan Group, Inc. $WLDN Shares Purchased by Algert Global LLC

Algert Global LLC boosted its position in Willdan Group, Inc. (NASDAQ:WLDN) by 2,679.9% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 102,301 shares of the construction company’s stock after purchasing an additional 98,621 shares during the quarter. Algert Global LLC owned about 0.69% of Willdan Group worth $9,891,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in WLDN. Vanguard Group Inc. lifted its stake in shares of Willdan Group by 27.1% in the third quarter. Vanguard Group Inc. now owns 1,075,270 shares of the construction company’s stock worth $103,968,000 after buying an additional 229,357 shares in the last quarter. Geode Capital Management LLC boosted 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 last quarter. Wasatch Advisors LP acquired a new position in shares of Willdan Group during the 2nd quarter worth approximately $20,188,000. Two Sigma Investments LP grew its position in shares of Willdan Group by 207.1% in the third quarter. Two Sigma Investments LP now owns 302,380 shares of the construction company’s stock valued at $29,237,000 after purchasing an additional 203,912 shares in the last quarter. Finally, Divisadero Street Capital Management LP grew its position in shares of Willdan Group by 62.3% in the second quarter. Divisadero Street Capital Management LP now owns 278,955 shares of the construction company’s stock valued at $17,437,000 after purchasing an additional 107,033 shares in the last quarter. Hedge funds and other institutional investors own 72.29% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently commented on WLDN. Wedbush lifted their price objective on Willdan Group from $120.00 to $145.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 14th. Weiss Ratings restated a “buy (b)” rating on shares of Willdan Group in a report on Monday, December 29th. Compass Point set a $125.00 price target on Willdan Group in a report on Friday, January 2nd. Wall Street Zen lowered shares of Willdan Group from a “strong-buy” rating to a “buy” rating in a report on Saturday. Finally, Zacks Research cut shares of Willdan Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 6th. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $124.33.

Willdan Group Trading Down 0.6%

NASDAQ WLDN opened at $79.49 on Monday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.56 and a quick ratio of 1.56. The stock has a market capitalization of $1.17 billion, a P/E ratio of 22.84 and a beta of 1.04. The firm’s 50-day moving average is $113.16 and its two-hundred day moving average is $104.44. Willdan Group, Inc. has a 12 month low of $36.43 and a 12 month high of $137.00.

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

Insider Transactions at Willdan Group

In other Willdan Group news, Director Steven A. Cohen sold 6,000 shares of the company’s stock in a transaction on Friday, March 6th. The stock was sold at an average price of $81.82, for a total transaction of $490,920.00. Following the transaction, the director directly owned 20,849 shares in the company, valued at $1,705,865.18. This represents a 22.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 8.60% of the stock is currently owned by insiders.

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.