Ranger Investment Management L.P. Invests $21.77 Million in Willdan Group, Inc. $WLDN

Key Points

• Ranger Investment Management acquired 275,191 Willdan Group shares worth approximately $21.77 million, giving it a 1.81% stake and making WLDN its 27th-largest holding.
• Institutional ownership stands at 72.29%, with major investors including BlackRock, Vanguard, Wasatch Advisors, and Two Sigma also establishing or increasing positions.
• Willdan exceeded quarterly expectations, reporting $2.07 in earnings per share versus $1.30 expected and $231.03 million in revenue versus $102.27 million forecast. Despite a $130 price target from Wedbush, analysts’ consensus rating remains Hold with an average target of $127.50.

Ranger Investment Management L.P. bought a new position in Willdan Group, Inc. (NASDAQ:WLDN - Free Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 275,191 shares of the construction company's stock, valued at approximately $21,768,000. Willdan Group makes up 1.4% of Ranger Investment Management L.P.'s holdings, making the stock its 27th largest position. Ranger Investment Management L.P. owned 1.81% of Willdan Group at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. BlackRock Inc. purchased a new position in Willdan Group during the 2nd quarter valued at approximately $113,795,000. Neumeier Poma Investment Counsel LLC purchased a new stake in shares of Willdan Group during the 2nd quarter worth approximately $41,939,611,000. Wasatch Advisors LP purchased a new stake in shares of Willdan Group during the 2nd quarter worth approximately $20,188,000. Two Sigma Investments LP boosted its position in shares of Willdan Group by 207.1% during the 3rd quarter. Two Sigma Investments LP now owns 302,380 shares of the construction company's stock valued at $29,237,000 after acquiring an additional 203,912 shares during the last quarter. Finally, Vanguard Group Inc. boosted its position in shares of Willdan Group by 11.7% during the 4th quarter. Vanguard Group Inc. now owns 1,201,517 shares of the construction company's stock valued at $124,549,000 after acquiring an additional 126,247 shares during the last quarter. 72.29% of the stock is owned by institutional investors.

Willdan Group Stock Performance

Shares of WLDN stock opened at $85.56 on Monday. The company has a market cap of $1.30 billion, a PE ratio of 20.08 and a beta of 1.14. Willdan Group, Inc. has a 1 year low of $64.67 and a 1 year high of $137.00. The stock's 50 day simple moving average is $78.83 and its two-hundred day simple moving average is $86.31. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.37 and a quick ratio of 1.37.

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, topping analysts' consensus estimates of $1.30 by $0.77. The firm had revenue of $231.03 million during the quarter, compared to analysts' expectations 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. Research analysts predict that Willdan Group, Inc. will post 4.1 earnings per share for the current year.

Wall Street Analyst Weigh In

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

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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