24,812 Shares in Willdan Group, Inc. $WLDN Acquired by EFG Asset Management North America Corp.

EFG Asset Management North America Corp. acquired a new stake in Willdan Group, Inc. (NASDAQ:WLDN) during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 24,812 shares of the construction company’s stock, valued at approximately $2,396,000.

Other institutional investors have also modified their holdings of the company. Royal Bank of Canada grew its stake 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 in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of 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 worth $307,000 after acquiring an additional 312 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of Willdan Group by 35.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 214,421 shares of the construction company’s stock valued at $8,731,000 after acquiring an additional 55,704 shares during the last quarter. Jane Street Group LLC increased its holdings in shares of Willdan Group by 205.9% in the 1st quarter. Jane Street Group LLC now owns 25,302 shares of the construction company’s stock valued at $1,030,000 after acquiring an additional 17,031 shares during the last quarter. Finally, Janney Montgomery Scott LLC raised its position in shares of Willdan Group by 9.5% during the 2nd quarter. Janney Montgomery Scott LLC now owns 15,665 shares of the construction company’s stock worth $979,000 after acquiring an additional 1,359 shares in the last quarter. 72.29% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have commented on the stock. Weiss Ratings reiterated a “buy (b)” rating on shares of Willdan Group in a research note on Monday, December 29th. Wedbush upped their target price on shares of Willdan Group from $120.00 to $145.00 and gave the company an “outperform” rating in a report on Wednesday, January 14th. Wall Street Zen lowered shares of Willdan Group from a “strong-buy” rating to a “buy” rating in a research note on Sunday, January 11th. Compass Point set a $125.00 price objective on shares of Willdan Group in a research note on Friday, January 2nd. Finally, Zacks Research lowered Willdan Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 6th. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, Willdan Group currently has a consensus rating of “Moderate Buy” and a consensus target price of $124.33.

Willdan Group Stock Up 4.6%

Shares of NASDAQ:WLDN opened at $134.94 on Wednesday. Willdan Group, Inc. has a 1-year low of $30.43 and a 1-year high of $135.55. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.48 and a quick ratio of 1.48. The stock has a market cap of $1.99 billion, a P/E ratio of 48.54 and a beta of 0.96. The firm has a fifty day moving average price of $111.41 and a 200 day moving average price of $101.80.

Willdan Group (NASDAQ:WLDN) last posted its quarterly earnings data on Thursday, November 6th. The construction company reported $1.21 EPS for the quarter, beating analysts’ consensus estimates of $0.81 by $0.40. Willdan Group had a net margin of 6.37% and a return on equity of 20.23%. The company had revenue of $94.97 million for the quarter, compared to analyst estimates of $164.00 million. Sell-side analysts predict that Willdan Group, Inc. will post 1.82 EPS for the current year.

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.