13,173 Shares in Willdan Group, Inc. $WLDN Purchased by Hsbc Holdings PLC

Hsbc Holdings PLC bought a new stake in Willdan Group, Inc. (NASDAQ:WLDN) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 13,173 shares of the construction company’s stock, valued at approximately $1,024,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in WLDN. Dimensional Fund Advisors LP increased its stake in shares of Willdan Group by 7.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 308,947 shares of the construction company’s stock valued at $23,652,000 after acquiring an additional 21,669 shares during the last quarter. Swedbank AB increased its position in shares of Willdan Group by 36.8% in the fourth quarter. Swedbank AB now owns 174,800 shares of the construction company’s stock worth $18,120,000 after acquiring an additional 47,000 shares in the last quarter. Handelsbanken Fonder AB increased its holdings in Willdan Group by 53.8% in the 4th quarter. Handelsbanken Fonder AB now owns 199,671 shares of the construction company’s stock valued at $20,698,000 after purchasing an additional 69,835 shares in the last quarter. Ranger Investment Management L.P. purchased a new stake in shares of Willdan Group during the 1st quarter valued at about $3,555,000. Finally, Deutsche Bank AG acquired a new position in Willdan Group during the 2nd quarter worth approximately $4,408,000. 72.29% of the stock is currently owned by hedge funds and other institutional investors.

Willdan Group Trading Down 0.7%

NASDAQ:WLDN opened at $87.34 on Wednesday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.37 and a current ratio of 1.37. Willdan Group, Inc. has a one year low of $64.67 and a one year high of $137.00. The business’s 50-day simple moving average is $78.45 and its 200 day simple moving average is $84.89. The stock has a market cap of $1.33 billion, a price-to-earnings ratio of 20.50 and a beta of 1.19.

Willdan Group (NASDAQ:WLDN) last issued its quarterly earnings data on Thursday, August 6th. The construction company reported $2.07 earnings per share for the quarter, beating analysts’ consensus estimates of $1.30 by $0.77. Willdan Group had a return on equity of 24.51% and a net margin of 8.80%.The firm had revenue of $231.03 million during the quarter, compared to analyst estimates of $102.27 million. Willdan Group has set its FY 2026 guidance at 5.000-5.150 EPS. As a group, sell-side analysts predict that Willdan Group, Inc. will post 4.1 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on WLDN. Wall Street Zen upgraded Willdan Group from a “hold” rating to a “buy” rating in a report on Saturday, August 15th. Wedbush reiterated an “outperform” rating and set a $130.00 price objective on shares of Willdan Group in a research note on Tuesday, August 18th. Zacks Research cut shares of Willdan Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 28th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Willdan Group in a research note on Tuesday, July 21st. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $127.50.

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.