Elevation Point Wealth Partners LLC Acquires Shares of 6,960 Willdan Group, Inc. $WLDN

Elevation Point Wealth Partners LLC bought a new stake in shares of Willdan Group, Inc. (NASDAQ:WLDN) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 6,960 shares of the construction company’s stock, valued at approximately $533,000.

Several other large investors also recently modified their holdings of the stock. Spire Wealth Management bought a new position in shares of Willdan Group in the fourth quarter worth $26,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Willdan Group during the fourth quarter worth about $28,000. Transamerica Financial Advisors LLC grew its stake in Willdan Group by 203.3% during the fourth quarter. Transamerica Financial Advisors LLC now owns 364 shares of the construction company’s stock worth $38,000 after buying an additional 244 shares in the last quarter. International Assets Investment Management LLC bought a new position in Willdan Group in the 4th quarter valued at about $47,000. Finally, NewEdge Advisors LLC bought a new position in Willdan Group in the 3rd quarter valued at about $48,000. 72.29% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on WLDN shares. Wall Street Zen lowered shares of Willdan Group from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Weiss Ratings downgraded shares of Willdan Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, April 24th. Zacks Research upgraded Willdan Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, June 29th. Finally, Wedbush assumed coverage on Willdan Group in a report on Thursday, April 9th. They issued an “outperform” rating and a $110.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of $112.67.

Insider Buying and Selling at Willdan Group

In other news, CEO Michael A. Bieber sold 56,676 shares of the company’s stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $91.58, for a total value of $5,190,388.08. Following the completion of the transaction, the chief executive officer owned 249,525 shares of the company’s stock, valued at $22,851,499.50. This represents a 18.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Company insiders own 5.60% of the company’s stock.

Willdan Group Price Performance

WLDN stock opened at $75.29 on Thursday. The stock has a market cap of $1.14 billion, a price-to-earnings ratio of 20.29 and a beta of 1.13. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.68 and a quick ratio of 1.68. The company has a 50 day simple moving average of $87.43 and a 200 day simple moving average of $96.21. Willdan Group, Inc. has a 1 year low of $64.67 and a 1 year high of $137.00.

Willdan Group (NASDAQ:WLDN) last issued its earnings results on Thursday, May 7th. The construction company reported $0.91 earnings per share for the quarter, beating analysts’ consensus estimates of $0.81 by $0.10. Willdan Group had a net margin of 8.24% and a return on equity of 23.36%. The firm had revenue of $92.43 million for the quarter, compared to analyst estimates of $92.17 million. Willdan Group has set its FY 2026 guidance at 4.900-5.050 EPS. Research analysts anticipate that Willdan Group, Inc. will post 4.12 EPS for the current fiscal year.

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.