UBS Group AG lessened its position in shares of Willdan Group, Inc. (NASDAQ:WLDN – Free Report) by 59.0% in the 4th quarter, HoldingsChannel reports. The fund owned 43,296 shares of the construction company’s stock after selling 62,282 shares during the period. UBS Group AG’s holdings in Willdan Group were worth $4,488,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Spire Wealth Management acquired a new position in Willdan Group during the 4th quarter worth approximately $26,000. SBI Securities Co. Ltd. grew its holdings in Willdan Group by 1,915.4% during the 3rd quarter. SBI Securities Co. Ltd. now owns 262 shares of the construction company’s stock worth $25,000 after acquiring an additional 249 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new position in Willdan Group during the 4th quarter worth approximately $28,000. NewEdge Advisors LLC acquired a new position in Willdan Group during the 3rd quarter worth approximately $48,000. Finally, Avanza Fonder AB acquired a new position in Willdan Group during the 4th quarter worth approximately $58,000. Institutional investors and hedge funds own 72.29% of the company’s stock.
Analysts Set New Price Targets
Several research analysts have recently issued reports on WLDN shares. Weiss Ratings cut shares of Willdan Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, April 24th. Wall Street Zen cut shares of Willdan Group from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. Finally, Wedbush started coverage on shares of Willdan Group in a report on Thursday, April 9th. They issued an “outperform” rating and a $110.00 target price for the company. Two investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, Willdan Group presently has a consensus rating of “Moderate Buy” and an average target price of $112.67.
Willdan Group Trading Up 3.2%
Shares of Willdan Group stock opened at $93.55 on Friday. The company has a fifty day simple moving average of $80.76 and a 200-day simple moving average of $98.51. Willdan Group, Inc. has a 12-month low of $50.01 and a 12-month high of $137.00. The company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 0.15. The stock has a market cap of $1.41 billion, a price-to-earnings ratio of 25.22 and a beta of 1.07.
Willdan Group (NASDAQ:WLDN – Get Free Report) last issued its earnings results on Thursday, May 7th. The construction company reported $0.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.81 by $0.10. Willdan Group had a net margin of 8.24% and a return on equity of 23.36%. The business had revenue of $92.43 million during the quarter, compared to analysts’ expectations of $92.17 million. Willdan Group has set its FY 2026 guidance at 4.900-5.050 EPS. On average, equities analysts forecast that Willdan Group, Inc. will post 3.88 EPS for the current fiscal year.
Insiders Place Their Bets
In related news, CEO Michael A. Bieber sold 56,676 shares of the stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $91.58, for a total transaction of $5,190,388.08. Following the completion of the sale, the chief executive officer owned 249,525 shares in the company, valued at $22,851,499.50. This represents a 18.51% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Steven A. Cohen sold 6,000 shares of the stock in a transaction 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 sale, the director owned 20,849 shares of the company’s stock, valued at approximately $1,705,865.18. This represents a 22.35% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 72,667 shares of company stock valued at $6,606,974. 5.60% of the stock is owned by company insiders.
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.
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