14,001 Shares in Willdan Group, Inc. $WLDN Purchased by Legal & General Group Plc

Legal & General Group Plc acquired a new position in shares of Willdan Group, Inc. (NASDAQ:WLDN - Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 14,001 shares of the construction company's stock, valued at approximately $1,107,000. Legal & General Group Plc owned about 0.09% of Willdan Group as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also added to or reduced their stakes in the company. BlackRock Inc. bought a new stake in shares of Willdan Group in the 2nd quarter worth approximately $113,795,000. Vanguard Group Inc. raised its stake in shares of Willdan Group by 11.7% in the fourth quarter. Vanguard Group Inc. now owns 1,201,517 shares of the construction company's stock valued at $124,549,000 after buying an additional 126,247 shares during the period. Neumeier Poma Investment Counsel LLC purchased a new position in shares of Willdan Group during the 2nd quarter valued at $41,939,611. Wasatch Advisors LP lifted its position in shares of Willdan Group by 45.9% during the 1st quarter. Wasatch Advisors LP now owns 381,581 shares of the construction company's stock valued at $29,214,000 after buying an additional 120,110 shares during the last quarter. Finally, Geode Capital Management LLC grew its stake in shares of Willdan Group by 0.6% during the 4th quarter. Geode Capital Management LLC now owns 343,000 shares of the construction company's stock worth $35,561,000 after acquiring an additional 2,185 shares during the period. Institutional investors own 72.29% of the company's stock.

Willdan Group Price Performance

Willdan Group stock opened at $85.78 on Tuesday. Willdan Group, Inc. has a one year low of $64.67 and a one year high of $137.00. The business has a fifty day moving average price of $78.97 and a 200-day moving average price of $84.08. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.37 and a quick ratio of 1.37. The firm has a market capitalization of $1.31 billion, a P/E ratio of 20.14 and a beta of 1.19.

Willdan Group (NASDAQ:WLDN - Get Free Report) last released its quarterly earnings data 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 company had revenue of $231.03 million for the quarter, compared to analyst estimates of $102.27 million. Willdan Group had a return on equity of 24.51% and a net margin of 8.80%.Willdan Group has set its FY 2026 guidance at 5.000-5.150 EPS. As a group, equities research analysts forecast that Willdan Group, Inc. will post 4.1 EPS for the current year.

Insiders Place Their Bets

In other Willdan Group news, Director Thomas Brisbin sold 58,757 shares of Willdan Group stock in a transaction dated Thursday, September 3rd. The stock was sold at an average price of $88.14, for a total transaction of $5,178,841.98. Following the completion of the transaction, the director owned 96,687 shares of the company's stock, valued at $8,521,992.18. The trade was a 37.80% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 5.60% of the stock is owned by insiders.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. Wall Street Zen raised Willdan Group from a "hold" rating to a "buy" rating in a report on Saturday, August 15th. Weiss Ratings reiterated a "hold (c+)" rating on shares of Willdan Group in a research report on Tuesday, July 21st. Wedbush reiterated an "outperform" rating and issued a $130.00 target price on shares of Willdan Group in a research note on Tuesday, August 18th. Finally, Zacks Research downgraded shares of Willdan Group from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, July 28th. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of "Hold" and a consensus price target of $127.50.

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.

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