1,438,623 Shares in Willdan Group, Inc. $WLDN Purchased by BlackRock Inc.

Key Points

• BlackRock acquired 1,438,623 shares of Willdan Group during the second quarter, worth approximately $113.8 million and representing a 9.52% stake. Institutional investors collectively own 72.29% of the company.
• Analyst sentiment remains mixed: Willdan has an average “Hold” rating and a consensus price target of $127.50, while Wedbush maintained an “outperform” rating with a $130 target.
• Willdan reported quarterly EPS of $2.07, exceeding the $1.30 consensus estimate, while revenue reached $231.03 million versus expectations of $102.27 million. The company issued fiscal 2026 EPS guidance of $5.00–$5.15.

BlackRock Inc. acquired a new position in Willdan Group, Inc. (NASDAQ:WLDN - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 1,438,623 shares of the construction company's stock, valued at approximately $113,795,000. BlackRock Inc. owned 9.52% of Willdan Group as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Leonteq Securities AG purchased a new stake in shares of Willdan Group during the 1st quarter worth approximately $29,000. Transamerica Financial Advisors LLC lifted its stake in Willdan Group by 203.3% in the fourth quarter. Transamerica Financial Advisors LLC now owns 364 shares of the construction company's stock valued at $38,000 after purchasing an additional 244 shares during the last quarter. International Assets Investment Management LLC purchased a new position in Willdan Group in the fourth quarter valued at approximately $47,000. NewEdge Advisors LLC bought a new position in Willdan Group during the third quarter valued at $48,000. Finally, State of Wyoming grew 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 during the period. 72.29% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. Wall Street Zen raised Willdan Group from a "hold" rating to a "buy" rating in a research report on Saturday, August 15th. Wedbush reissued an "outperform" rating and issued a $130.00 price objective on shares of Willdan Group in a report on Tuesday, August 18th. Weiss Ratings restated a "hold (c+)" rating on shares of Willdan Group in a research note on Tuesday, July 21st. Finally, Zacks Research downgraded shares of Willdan Group from a "strong-buy" rating to a "hold" rating in a report on Tuesday, July 28th. One investment 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 presently has an average rating of "Hold" and a consensus target price of $127.50.

Willdan Group Price Performance

Shares of NASDAQ WLDN opened at $87.99 on Friday. The stock has a fifty day moving average of $78.25 and a 200-day moving average of $85.49. The stock has a market cap of $1.34 billion, a PE ratio of 20.65 and a beta of 1.14. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.37 and a current ratio of 1.37. Willdan Group, Inc. has a fifty-two week low of $64.67 and a fifty-two week high of $137.00.

Willdan Group (NASDAQ:WLDN - Get Free Report) last issued its earnings results on Thursday, August 6th. The construction company reported $2.07 EPS for the quarter, topping the consensus estimate of $1.30 by $0.77. The business had revenue of $231.03 million during the quarter, compared to the consensus estimate 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. Equities research analysts anticipate that Willdan Group, Inc. will post 4.1 earnings per share for the current year.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source