Willdan Group, Inc. $WLDN Shares Acquired by Kornitzer Capital Management Inc. KS

Kornitzer Capital Management Inc. KS grew its stake in shares of Willdan Group, Inc. (NASDAQ:WLDN) by 21.1% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 83,053 shares of the construction company’s stock after acquiring an additional 14,468 shares during the period. Kornitzer Capital Management Inc. KS owned about 0.55% of Willdan Group worth $6,136,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the company. Alps Advisors Inc. raised its position in Willdan Group by 2.3% during the 3rd quarter. Alps Advisors Inc. now owns 29,237 shares of the construction company’s stock valued at $2,160,000 after purchasing an additional 660 shares in the last quarter. CenterBook Partners LP bought a new position in shares of Willdan Group during the 3rd quarter worth $890,000. Kestra Advisory Services LLC purchased a new position in shares of Willdan Group during the third quarter valued at $249,000. Wedbush Securities Inc. increased its stake in shares of Willdan Group by 12.1% during the third quarter. Wedbush Securities Inc. now owns 13,854 shares of the construction company’s stock valued at $1,024,000 after buying an additional 1,492 shares during the period. Finally, Sterling Capital Management LLC increased its stake in shares of Willdan Group by 254.9% during the third quarter. Sterling Capital Management LLC now owns 433 shares of the construction company’s stock valued at $32,000 after buying an additional 311 shares during the period. Hedge funds and other institutional investors own 72.29% of the company’s stock.

Insider Activity at Willdan Group

In related news, Director Thomas Brisbin sold 58,757 shares of Willdan Group stock in a transaction that occurred on Thursday, September 3rd. The shares were sold at an average price of $88.14, for a total value of $5,178,841.98. Following the completion of the sale, the director directly owned 96,687 shares in the company, valued at $8,521,992.18. This trade represents a 37.80% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Over the last ninety days, insiders have sold 67,101 shares of company stock valued at $5,871,388. Company insiders own 5.60% of the company’s stock.

Trending Headlines about Willdan Group

Here are the key news stories impacting Willdan Group this week:

• Positive Sentiment: Willdan raised its FY 2026 adjusted EPS guidance to $5.15–$5.25, above the $4.87 consensus estimate. Earnings call transcript
• Positive Sentiment: Q3 contract revenue rose 17.9% to $214.5 million, net revenue increased 18.1% to $112.2 million, and adjusted EBITDA climbed 22.4% to $28.3 million. Adjusted EPS of $1.20 topped analyst expectations. Third-quarter results
• Positive Sentiment: Willdan was selected as one of 26 providers for the New York Power Authority’s Energy Services Program, with work available under ten-year contracts as projects are assigned. It also announced engineering work for 643 MW of energy infrastructure projects. NYPA selection Energy infrastructure projects
• Neutral Sentiment: The company’s revenue guidance of $435–$445 million was reported against a $746.5 million consensus estimate, a sizable apparent shortfall. The figures may not be directly comparable, so investors may seek clarification on the revenue measure used. Earnings call transcript
• Negative Sentiment: Despite growth in adjusted EBITDA, net income fell 13.6%, GAAP diluted EPS declined 15.6% to $0.76, and adjusted diluted EPS edged down 0.8% year over year. The weaker bottom-line comparisons may have weighed on investor sentiment. Third-quarter results

Willdan Group Stock Performance

Shares of WLDN opened at $66.22 on Monday. 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 firm has a market cap of $1.01 billion, a PE ratio of 16.07 and a beta of 1.28. Willdan Group, Inc. has a 12 month low of $61.51 and a 12 month high of $137.00. The stock has a fifty day moving average price of $77.17 and a 200-day moving average price of $85.87.

Willdan Group (NASDAQ:WLDN) last released its quarterly earnings results on Thursday, November 5th. The construction company reported $1.20 EPS for the quarter, beating analysts’ consensus estimates of $1.08 by $0.12. Willdan Group had a return on equity of 23.49% and a net margin of 8.19%. The company had revenue of $214.53 million during the quarter, compared to analysts’ expectations of $107.77 million. Equities research analysts predict that Willdan Group, Inc. will post 4.06 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research firms recently weighed in on WLDN. Wall Street Zen raised shares of Willdan Group from a “hold” rating to a “buy” rating in a research note on Saturday, August 15th. Zacks Research downgraded shares of Willdan Group from a “strong-buy” rating to a “hold” rating in a research report on Thursday. Wedbush reaffirmed an “outperform” rating and issued a $130.00 price target on shares of Willdan Group in a research report on Wednesday, September 23rd. Weiss Ratings reiterated a “hold (c+)” rating on shares of Willdan Group in a research note on Monday, October 19th. Finally, Yorkville Ives started coverage on shares of Willdan Group in a report on Monday, October 5th. They set an “outperform” rating and a $100.00 price objective on the stock. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $118.33.

About Willdan Group

Willdan Group, Inc (NASDAQ:WLDN) is a professional services company that provides technical, consulting and infrastructure solutions to utilities, government agencies and commercial clients. The company operates primarily in the United States, with a strong presence in California and other markets where energy, infrastructure and public-sector modernization services are in demand.

Through its energy-focused operations, Willdan designs and implements energy-efficiency, demand-response, electrification and distributed-energy programs.