OP Asset Management Ltd Acquires Shares of 16,677 Willdan Group, Inc. $WLDN

OP Asset Management Ltd acquired a new stake in Willdan Group, Inc. (NASDAQ:WLDN) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 16,677 shares of the construction company’s stock, valued at approximately $1,277,000. OP Asset Management Ltd owned about 0.11% of Willdan Group at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Wasatch Advisors LP bought a new position in shares of Willdan Group during the 2nd quarter valued at approximately $20,188,000. Vanguard Group Inc. boosted its stake in Willdan Group by 27.1% during the third quarter. Vanguard Group Inc. now owns 1,075,270 shares of the construction company’s stock worth $103,968,000 after buying an additional 229,357 shares during the period. Two Sigma Investments LP boosted its stake in Willdan Group by 207.1% during the third quarter. Two Sigma Investments LP now owns 302,380 shares of the construction company’s stock worth $29,237,000 after buying an additional 203,912 shares during the period. First Trust Advisors LP increased its position in Willdan Group by 89.2% during the fourth quarter. First Trust Advisors LP now owns 237,697 shares of the construction company’s stock valued at $24,640,000 after acquiring an additional 112,094 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV bought a new position in Willdan Group during the third quarter valued at $9,742,000. Hedge funds and other institutional investors own 72.29% of the company’s stock.

Willdan Group Stock Performance

Shares of Willdan Group stock opened at $79.22 on Tuesday. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 0.15. The stock’s fifty day moving average is $87.25 and its two-hundred day moving average is $97.55. Willdan Group, Inc. has a 52 week low of $61.76 and a 52 week high of $137.00. The company has a market capitalization of $1.20 billion, a PE ratio of 21.35 and a beta of 1.11.

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

Analyst Ratings Changes

Several research firms have recently issued reports on WLDN. Weiss Ratings lowered shares of Willdan Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, April 24th. Wedbush initiated coverage on shares of Willdan Group in a report on Thursday, April 9th. They set an “outperform” rating and a $110.00 price target on the stock. Finally, Wall Street Zen lowered shares of Willdan Group from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $112.67.

Insider Transactions at Willdan Group

In other Willdan Group news, CEO Michael A. Bieber sold 56,676 shares of the business’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $91.58, for a total value of $5,190,388.08. Following the completion of the sale, the chief executive officer directly owned 249,525 shares of the company’s stock, valued at $22,851,499.50. The trade was a 18.51% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 5.60% of the stock is currently owned by company insiders.

About Willdan Group

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.