Rice Hall James & Associates LLC Makes New Investment in Willdan Group, Inc. $WLDN

Rice Hall James & Associates LLC acquired a new stake in Willdan Group, Inc. (NASDAQ:WLDN) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 30,579 shares of the construction company’s stock, valued at approximately $2,419,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Royal Bank of Canada raised its position in shares of Willdan Group by 3.2% during the first quarter. Royal Bank of Canada now owns 76,990 shares of the construction company’s stock worth $3,134,000 after purchasing an additional 2,386 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Willdan Group by 4.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,530 shares of the construction company’s stock valued at $307,000 after purchasing an additional 312 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in Willdan Group by 35.1% during the first quarter. Goldman Sachs Group Inc. now owns 214,421 shares of the construction company’s stock worth $8,731,000 after buying an additional 55,704 shares during the last quarter. Jane Street Group LLC raised its holdings in Willdan Group by 205.9% during the first quarter. Jane Street Group LLC now owns 25,302 shares of the construction company’s stock worth $1,030,000 after buying an additional 17,031 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in shares of Willdan Group by 10.9% in the second quarter. JPMorgan Chase & Co. now owns 87,234 shares of the construction company’s stock valued at $5,453,000 after buying an additional 8,602 shares in the last quarter. Institutional investors own 72.29% of the company’s stock.

Willdan Group Trading Up 1.3%

NASDAQ WLDN opened at $84.54 on Wednesday. The company has a current ratio of 1.37, a quick ratio of 1.37 and a debt-to-equity ratio of 0.19. The business has a fifty day simple moving average of $79.53 and a 200 day simple moving average of $87.24. Willdan Group, Inc. has a 12 month low of $64.67 and a 12 month high of $137.00. The firm has a market capitalization of $1.29 billion, a P/E ratio of 19.85 and a beta of 1.14.

Willdan Group (NASDAQ:WLDN) last posted its quarterly earnings data on Thursday, August 6th. The construction company reported $2.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.30 by $0.77. Willdan Group had a net margin of 8.80% and a return on equity of 24.51%. The firm had revenue of $231.03 million for 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. On average, analysts predict that Willdan Group, Inc. will post 4.12 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on WLDN. Zacks Research cut shares of Willdan Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 28th. Wedbush restated an “outperform” rating and issued a $130.00 target price on shares of Willdan Group in a report on Tuesday. Wall Street Zen raised shares of Willdan Group from a “hold” rating to a “buy” rating in a research report on Saturday. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Willdan Group in a research note on Tuesday, July 21st. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price 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.