Willdan Group (NASDAQ:WLDN) Sees Strong Trading Volume – What’s Next?

Willdan Group, Inc. (NASDAQ:WLDN) saw strong trading volume on Monday . 579,298 shares were traded during trading, an increase of 69% from the previous session’s volume of 343,562 shares.The stock last traded at $92.61 and had previously closed at $88.39.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on WLDN. Wedbush initiated coverage on Willdan Group in a research note on Thursday, April 9th. They set an “outperform” rating and a $110.00 price objective on the stock. Wall Street Zen cut Willdan Group from a “strong-buy” rating to a “buy” rating in a report on Saturday, March 14th. Finally, Weiss Ratings lowered Willdan Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, April 24th. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, Willdan Group has an average rating of “Moderate Buy” and an average price target of $112.67.

Willdan Group Stock Up 5.1%

The firm has a market cap of $1.39 billion, a PE ratio of 25.04 and a beta of 1.07. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.56 and a current ratio of 1.56. The company’s 50-day simple moving average is $80.66 and its two-hundred day simple moving average is $98.89.

Willdan Group (NASDAQ:WLDN) last released its quarterly earnings data on Thursday, May 7th. The construction company reported $0.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.81 by $0.10. The firm had revenue of $92.43 million for the quarter, compared to analysts’ expectations of $92.17 million. Willdan Group had a net margin of 8.24% and a return on equity of 23.89%. Willdan Group has set its FY 2026 guidance at 4.900-5.050 EPS. On average, analysts predict that Willdan Group, Inc. will post 3.88 earnings per share for the current fiscal year.

Insider Transactions at Willdan Group

In other Willdan Group news, Director Steven A. Cohen sold 6,000 shares of the company’s stock in a transaction that occurred on Friday, March 6th. The stock was sold at an average price of $81.82, for a total transaction of $490,920.00. Following the completion of the transaction, the director owned 20,849 shares of the company’s stock, valued at $1,705,865.18. This represents a 22.35% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 5.60% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Willdan Group

Several hedge funds have recently made changes to their positions in WLDN. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Willdan Group by 1.1% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,615 shares of the construction company’s stock worth $476,000 after acquiring an additional 85 shares during the period. Truvestments Capital LLC increased its position in Willdan Group by 3.0% during the 4th quarter. Truvestments Capital LLC now owns 3,708 shares of the construction company’s stock valued at $384,000 after purchasing an additional 108 shares during the period. CWM LLC increased its position in Willdan Group by 5.4% during the 4th quarter. CWM LLC now owns 2,303 shares of the construction company’s stock valued at $239,000 after purchasing an additional 118 shares during the period. Mariner LLC raised its holdings in Willdan Group by 2.0% in the 4th quarter. Mariner LLC now owns 6,062 shares of the construction company’s stock worth $629,000 after purchasing an additional 118 shares in the last quarter. Finally, New York State Teachers Retirement System lifted its position in shares of Willdan Group by 11.9% in the 3rd quarter. New York State Teachers Retirement System now owns 1,263 shares of the construction company’s stock worth $122,000 after purchasing an additional 134 shares during the period. 72.29% of the stock is owned by hedge funds and other institutional investors.

About Willdan Group

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.