Renaissance Technologies LLC Sells 13,100 Shares of Willdan Group, Inc. $WLDN

Renaissance Technologies LLC cut its stake in shares of Willdan Group, Inc. (NASDAQ:WLDN) by 54.6% during the 1st quarter, Holdings Channel.com reports. The firm owned 10,900 shares of the construction company’s stock after selling 13,100 shares during the quarter. Renaissance Technologies LLC’s holdings in Willdan Group were worth $835,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Transamerica Financial Advisors LLC lifted its position in shares of Willdan Group by 203.3% during the 4th quarter. Transamerica Financial Advisors LLC now owns 364 shares of the construction company’s stock valued at $38,000 after buying an additional 244 shares in the last quarter. Leonteq Securities AG purchased a new stake in Willdan Group in the 1st quarter worth approximately $29,000. International Assets Investment Management LLC bought a new stake in Willdan Group during the 4th quarter worth approximately $47,000. NewEdge Advisors LLC bought a new stake in Willdan Group during the 3rd quarter worth approximately $48,000. Finally, State of Wyoming lifted its holdings in Willdan Group by 104.0% during the first quarter. State of Wyoming now owns 720 shares of the construction company’s stock valued at $55,000 after purchasing an additional 367 shares in the last quarter. Hedge funds and other institutional investors own 72.29% of the company’s stock.

Willdan Group Stock Up 2.0%

Shares of WLDN opened at $86.40 on Friday. The business’s 50 day moving average is $80.11 and its 200 day moving average is $88.23. The company has a current ratio of 1.37, a quick ratio of 1.68 and a debt-to-equity ratio of 0.19. Willdan Group, Inc. has a 12-month low of $64.67 and a 12-month high of $137.00. The company has a market capitalization of $1.32 billion, a PE ratio of 20.28 and a beta of 1.14.

Willdan Group (NASDAQ:WLDN) last posted its quarterly earnings results on Thursday, August 6th. The construction company reported $2.07 earnings per share for the quarter, topping the consensus estimate of $1.30 by $0.77. Willdan Group had a return on equity of 24.51% and a net margin of 8.80%.The business had revenue of $231.03 million during the quarter, compared to the consensus estimate of $102.27 million. Willdan Group has set its FY 2026 guidance at 5.000-5.150 EPS. Research analysts expect that Willdan Group, Inc. will post 4.12 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research firms have weighed in on WLDN. Weiss Ratings reiterated a “hold (c+)” rating on shares of Willdan Group in a research report on Tuesday, July 21st. Zacks Research downgraded shares of Willdan Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 28th. Finally, Wall Street Zen upgraded shares of Willdan Group from a “hold” rating to a “buy” rating in a research note on Saturday. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Willdan Group has an average rating of “Hold” and a consensus target price of $117.50.

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.