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

Key Points

• Handelsbanken Fonder increased its Willdan Group stake by 34.3% in the second quarter, purchasing 48,876 additional shares and bringing its total ownership to 191,532 shares, or roughly 1.27% of the company.
• Institutional investors hold 72.29% of Willdan’s outstanding stock, with several firms—including Swedbank, Dimensional Fund Advisors, and Asset Management One—also increasing their positions.
• Analyst sentiment is currently cautious: the consensus rating is “Hold” with a $117.50 price target, despite Willdan beating quarterly earnings expectations with $2.07 in EPS versus the $1.30 consensus estimate.

Handelsbanken Fonder AB raised its position in Willdan Group, Inc. (NASDAQ:WLDN - Free Report) by 34.3% in the second quarter, according to its most recent disclosure with the SEC. 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 owned approximately 1.27% of Willdan Group worth $15,150,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently modified their holdings of WLDN. Swedbank AB increased its stake in Willdan Group by 36.8% during the 4th 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 in the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Willdan Group by 7.5% in the first quarter. Dimensional Fund Advisors LP now owns 308,947 shares of the construction company's stock valued at $23,652,000 after buying an additional 21,669 shares in the last quarter. Precision Wealth Strategies LLC acquired a new position in shares of Willdan Group during the fourth quarter valued at about $1,681,000. Asset Management One Co. Ltd. grew its holdings in shares of Willdan Group by 99.2% during the fourth quarter. Asset Management One Co. Ltd. now owns 79,980 shares of the construction company's stock valued at $8,852,000 after buying an additional 39,832 shares during the last quarter. Finally, Ranger Investment Management L.P. bought a new stake in shares of Willdan Group during the first quarter worth about $3,555,000. Institutional investors own 72.29% of the company's stock.

Analysts Set New Price Targets

A number of research firms recently weighed in on WLDN. Weiss Ratings restated a "hold (c+)" rating on shares of Willdan Group in a report on Tuesday, July 21st. Zacks Research lowered Willdan Group from a "strong-buy" rating to a "hold" rating in a report on Tuesday, July 28th. Finally, Wall Street Zen lowered Willdan Group from a "buy" rating to a "hold" rating in a report on Saturday, May 16th. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $117.50.

Willdan Group Price Performance

WLDN opened at $84.72 on Friday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.68 and a quick ratio of 1.68. The company has a market capitalization of $1.29 billion, a price-to-earnings ratio of 19.89 and a beta of 1.14. The firm's fifty day moving average price is $80.33 and its two-hundred day moving average price is $88.25. Willdan Group, Inc. has a 1 year low of $64.67 and a 1 year high of $137.00.

Willdan Group (NASDAQ:WLDN - Get Free Report) last announced its earnings results on Thursday, August 6th. The construction company reported $2.07 EPS for the quarter, beating the consensus estimate of $1.30 by $0.77. Willdan Group had a net margin of 8.80% and a return on equity of 25.56%. The company 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. As a group, analysts anticipate that Willdan Group, Inc. will post 4.12 earnings per share for the current fiscal year.

Willdan Group 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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