Handelsbanken Fonder AB Acquires 48,876 Shares of Willdan Group, Inc. $WLDN

Handelsbanken Fonder AB boosted its holdings in Willdan Group, Inc. (NASDAQ:WLDN) by 34.3% during the 2nd quarter, Holdings Channel reports. The firm owned 191,532 shares of the construction company’s stock after acquiring an additional 48,876 shares during the period. Handelsbanken Fonder AB’s holdings in Willdan Group were worth $15,150,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the business. Royal Bank of Canada raised its stake in shares of Willdan Group by 3.2% during the 1st quarter. Royal Bank of Canada now owns 76,990 shares of the construction company’s stock worth $3,134,000 after purchasing an additional 2,386 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Willdan Group by 4.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,530 shares of the construction company’s stock valued at $307,000 after buying an additional 312 shares during the period. Goldman Sachs Group Inc. grew its position in Willdan Group by 35.1% during the first 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. Jane Street Group LLC increased its holdings in Willdan Group by 205.9% during the first quarter. Jane Street Group LLC now owns 25,302 shares of the construction company’s stock worth $1,030,000 after buying an additional 17,031 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in Willdan Group by 10.9% during the second quarter. JPMorgan Chase & Co. now owns 87,234 shares of the construction company’s stock worth $5,453,000 after buying an additional 8,602 shares during the last quarter. Institutional investors own 72.29% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently issued reports on WLDN. Zacks Research lowered shares of Willdan Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 28th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Willdan Group in a research note on Tuesday, July 21st. Finally, Wall Street Zen lowered Willdan Group from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $117.50.

Willdan Group Stock Down 0.2%

WLDN opened at $84.72 on Friday. The company has a 50 day moving average of $80.33 and a 200 day moving average of $88.25. The company has a market cap of $1.29 billion, a PE ratio of 19.89 and a beta of 1.14. Willdan Group, Inc. has a 12 month low of $64.67 and a 12 month high of $137.00. The company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 0.15.

Willdan Group (NASDAQ:WLDN) last issued its earnings results on Thursday, August 6th. The construction company reported $2.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.30 by $0.77. The business had revenue of $231.03 million for the quarter, compared to analysts’ expectations of $102.27 million. Willdan Group had a net margin of 8.80% and a return on equity of 25.56%. Willdan Group has set its FY 2026 guidance at 5.000-5.150 EPS. On average, sell-side analysts expect that Willdan Group, Inc. will post 4.12 EPS for the current year.

About Willdan Group

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.