Bank of New York Mellon Corp Invests $4.66 Million in Willdan Group, Inc. $WLDN

Bank of New York Mellon Corp purchased a new position in shares of Willdan Group, Inc. (NASDAQ:WLDN - Free Report) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 58,945 shares of the construction company's stock, valued at approximately $4,663,000. Bank of New York Mellon Corp owned approximately 0.39% of Willdan Group as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also added to or reduced their stakes in WLDN. Dimensional Fund Advisors LP boosted its stake in Willdan Group by 7.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 308,947 shares of the construction company's stock valued at $23,652,000 after purchasing an additional 21,669 shares during the last quarter. Swedbank AB lifted its stake in Willdan Group by 36.8% in the fourth quarter. Swedbank AB now owns 174,800 shares of the construction company's stock valued at $18,120,000 after purchasing an additional 47,000 shares during the last quarter. Handelsbanken Fonder AB raised its stake in Willdan Group by 53.8% in the 4th quarter. Handelsbanken Fonder AB now owns 199,671 shares of the construction company's stock valued at $20,698,000 after acquiring an additional 69,835 shares during the period. Ranger Investment Management L.P. bought a new stake in Willdan Group during the 1st quarter valued at $3,555,000. Finally, Principal Financial Group Inc. raised its stake in shares of Willdan Group by 88.0% during the 1st quarter. Principal Financial Group Inc. now owns 35,914 shares of the construction company's stock valued at $2,750,000 after purchasing an additional 16,812 shares during the period. Institutional investors own 72.29% of the company's stock.

Willdan Group Stock Down 1.5%

Shares of Willdan Group stock opened at $85.78 on Friday. Willdan Group, Inc. has a 1 year low of $64.67 and a 1 year high of $137.00. 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 company has a 50-day moving average of $78.83 and a 200 day moving average of $84.51. The firm has a market cap of $1.31 billion, a price-to-earnings ratio of 20.14 and a beta of 1.19.

Willdan Group (NASDAQ:WLDN - Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The construction company reported $2.07 earnings per share for the quarter, topping analysts' consensus estimates of $1.30 by $0.77. Willdan Group had a net margin of 8.80% and a return on equity of 24.51%. The business had revenue of $231.03 million for the quarter, compared to analysts' expectations of $102.27 million. Willdan Group has set its FY 2026 guidance at 5.000-5.150 EPS. As a group, sell-side analysts anticipate that Willdan Group, Inc. will post 4.1 earnings per share for the current fiscal year.

Analyst Ratings Changes

WLDN has been the topic of several recent analyst reports. Weiss Ratings reiterated a "hold (c+)" rating on shares of Willdan Group in a research note on Tuesday, July 21st. Wall Street Zen raised shares of Willdan Group from a "hold" rating to a "buy" rating in a research note on Saturday, August 15th. Wedbush reissued 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 cut shares of Willdan Group from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, July 28th. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $127.50.

Insiders Place Their Bets

In related news, Director Thomas Brisbin sold 58,757 shares of the company's stock in a transaction that occurred on Thursday, September 3rd. The stock was sold at an average price of $88.14, for a total value of $5,178,841.98. Following the transaction, the director directly owned 96,687 shares of the company's stock, valued at approximately $8,521,992.18. This represents a 37.80% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 5.60% 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.

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