Willdan Group (WLDN) Shares Bought by Eagle Asset Management Inc.

Eagle Asset Management Inc. lifted its holdings in Willdan Group (NASDAQ:WLDN) by 34.6% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 372,176 shares of the construction company’s stock after purchasing an additional 95,742 shares during the quarter. Eagle Asset Management Inc. owned about 4.20% of Willdan Group worth $10,551,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of WLDN. Thrivent Financial For Lutherans grew its position in shares of Willdan Group by 33.5% in the 4th quarter. Thrivent Financial For Lutherans now owns 278,314 shares of the construction company’s stock valued at $6,663,000 after purchasing an additional 69,790 shares during the period. Kornitzer Capital Management Inc. KS bought a new stake in Willdan Group in the 4th quarter valued at approximately $838,000. Rice Hall James & Associates LLC lifted its stake in Willdan Group by 258.6% in the 4th quarter. Rice Hall James & Associates LLC now owns 35,610 shares of the construction company’s stock valued at $853,000 after acquiring an additional 25,679 shares in the last quarter. Wells Fargo & Company MN lifted its stake in Willdan Group by 162.0% in the 4th quarter. Wells Fargo & Company MN now owns 23,764 shares of the construction company’s stock valued at $569,000 after acquiring an additional 14,695 shares in the last quarter. Finally, Thompson Davis & CO. Inc. bought a new stake in Willdan Group in the 1st quarter valued at approximately $296,000. Institutional investors and hedge funds own 62.04% of the company’s stock.

In other news, insider Marc Tipermas sold 2,500 shares of the company’s stock in a transaction that occurred on Tuesday, March 13th. The stock was sold at an average price of $26.47, for a total transaction of $66,175.00. Following the sale, the insider now owns 42,500 shares in the company, valued at approximately $1,124,975. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 11.50% of the company’s stock.

Several equities research analysts have commented on WLDN shares. ValuEngine cut Willdan Group from a “hold” rating to a “sell” rating in a research note on Friday, May 4th. Zacks Investment Research upgraded Willdan Group from a “hold” rating to a “buy” rating and set a $30.00 target price on the stock in a research note on Wednesday, March 14th. Canaccord Genuity set a $36.00 target price on Willdan Group and gave the company a “buy” rating in a research note on Monday, March 5th. Finally, BidaskClub cut Willdan Group from a “hold” rating to a “sell” rating in a research note on Friday, April 13th. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company’s stock. Willdan Group currently has a consensus rating of “Hold” and a consensus price target of $34.33.

Willdan Group opened at $27.31 on Thursday, according to MarketBeat.com. Willdan Group has a 52 week low of $19.25 and a 52 week high of $36.87. The company has a market capitalization of $238.59 million, a price-to-earnings ratio of 23.14 and a beta of 0.96. The company has a current ratio of 1.76, a quick ratio of 1.76 and a debt-to-equity ratio of 0.04.

Willdan Group (NASDAQ:WLDN) last announced its quarterly earnings data on Thursday, March 8th. The construction company reported $0.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.18 by $0.04. Willdan Group had a return on equity of 15.35% and a net margin of 4.50%. The company had revenue of $64.16 million for the quarter, compared to analysts’ expectations of $55.44 million. equities analysts expect that Willdan Group will post 2 EPS for the current year.

About Willdan Group

Willdan Group, Inc, together with its subsidiaries, provides professional technical and consulting services to utilities, private industry, and public agencies at various levels of government primarily in the Unites States. It operates through four segments: Energy Efficiency Services, Engineering Services, Public Finance Services, and Homeland Security Services.

Institutional Ownership by Quarter for Willdan Group (NASDAQ:WLDN)

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