Renaissance Technologies LLC Lowers Stock Holdings in Willdan Group, Inc. $WLDN

Key Points

• Renaissance Technologies cut its Willdan Group stake by 54.6% in the first quarter, selling 13,100 shares and retaining 10,900 shares worth approximately $835,000. Institutional investors collectively own 72.29% of WLDN.
• Willdan reported quarterly EPS of $2.07, well above the $1.30 analyst estimate, while revenue reached $231.03 million versus the $102.27 million consensus forecast. The company issued fiscal 2026 EPS guidance of $5.00–$5.15.
• Analyst sentiment remains mixed: one analyst rates WLDN a Buy and two rate it Hold, resulting in an overall “Hold” consensus and an average price target of $117.50.

Renaissance Technologies LLC lowered its stake in Willdan Group, Inc. (NASDAQ:WLDN - Free Report) by 54.6% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 10,900 shares of the construction company's stock after selling 13,100 shares during the period. Renaissance Technologies LLC owned 0.07% of Willdan Group worth $835,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in WLDN. Leonteq Securities AG bought a new position in Willdan Group during the 1st quarter valued at approximately $29,000. Transamerica Financial Advisors LLC grew its stake in shares of Willdan Group by 203.3% in the fourth quarter. Transamerica Financial Advisors LLC now owns 364 shares of the construction company's stock worth $38,000 after acquiring an additional 244 shares during the last quarter. International Assets Investment Management LLC purchased a new stake in shares of Willdan Group in the fourth quarter worth $47,000. NewEdge Advisors LLC bought a new stake in Willdan Group during the 3rd quarter valued at about $48,000. Finally, State of Wyoming grew its holdings in shares of 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 buying an additional 367 shares during the last quarter. Institutional investors own 72.29% of the company's stock.

Willdan Group Stock Up 2.0%

WLDN opened at $86.40 on Friday. The stock has a market capitalization of $1.32 billion, a price-to-earnings ratio of 20.28 and a beta of 1.14. The firm has a 50 day moving average price of $80.11 and a 200-day moving average price of $88.23. Willdan Group, Inc. has a twelve month low of $64.67 and a twelve month high of $137.00. The company has a quick ratio of 1.68, a current ratio of 1.37 and a debt-to-equity ratio of 0.19.

Willdan Group (NASDAQ:WLDN - Get Free Report) last posted 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 business had revenue of $231.03 million during the quarter, compared to the consensus estimate of $102.27 million. Willdan Group had a net margin of 8.80% and a return on equity of 24.51%. Willdan Group has set its FY 2026 guidance at 5.000-5.150 EPS. Equities research analysts forecast that Willdan Group, Inc. will post 4.12 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. Zacks Research lowered shares of Willdan Group from a "strong-buy" rating to a "hold" rating in a report on Tuesday, July 28th. Weiss Ratings reissued a "hold (c+)" rating on shares of Willdan Group in a report on Tuesday, July 21st. Finally, Wall Street Zen upgraded Willdan Group from a "hold" rating to a "buy" rating in a research note on Saturday. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $117.50.

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.

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