Capital International Sarl Takes Position in Tetra Tech, Inc. $TTEK

Capital International Sarl acquired a new position in shares of Tetra Tech, Inc. (NASDAQ:TTEKFree Report) during the 3rd quarter, Holdings Channel reports. The fund acquired 187,032 shares of the industrial products company’s stock, valued at approximately $6,243,000.

Several other large investors have also recently bought and sold shares of the company. Bfsg LLC acquired a new stake in Tetra Tech during the 3rd quarter worth $25,000. Financial Consulate Inc. acquired a new stake in shares of Tetra Tech during the third quarter worth $26,000. MAI Capital Management lifted its position in Tetra Tech by 68.1% in the 2nd quarter. MAI Capital Management now owns 849 shares of the industrial products company’s stock valued at $31,000 after acquiring an additional 344 shares in the last quarter. Root Financial Partners LLC acquired a new position in Tetra Tech in the 3rd quarter worth $30,000. Finally, Parkside Financial Bank & Trust increased its holdings in Tetra Tech by 54.5% during the 2nd quarter. Parkside Financial Bank & Trust now owns 987 shares of the industrial products company’s stock worth $35,000 after purchasing an additional 348 shares in the last quarter. Institutional investors own 93.89% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. Wall Street Zen upgraded Tetra Tech from a “hold” rating to a “buy” rating in a report on Sunday, November 23rd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Tetra Tech in a research report on Wednesday, January 21st. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $48.00 price target (up from $47.00) on shares of Tetra Tech in a research note on Friday, November 14th. Robert W. Baird set a $43.00 price objective on shares of Tetra Tech in a report on Thursday, January 29th. Finally, Northcoast Research raised shares of Tetra Tech from a “neutral” rating to a “buy” rating and set a $38.00 price objective on the stock in a research report on Thursday, November 13th. Four research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $42.60.

Get Our Latest Research Report on TTEK

Tetra Tech Stock Performance

Shares of NASDAQ TTEK opened at $33.56 on Wednesday. Tetra Tech, Inc. has a 12 month low of $27.27 and a 12 month high of $43.14. The stock has a 50 day moving average of $36.56 and a 200-day moving average of $35.13. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 0.45. The company has a market capitalization of $8.75 billion, a P/E ratio of 25.23 and a beta of 0.90.

Tetra Tech (NASDAQ:TTEKGet Free Report) last released its quarterly earnings data on Wednesday, January 28th. The industrial products company reported $0.35 EPS for the quarter, topping analysts’ consensus estimates of $0.31 by $0.04. Tetra Tech had a net margin of 6.73% and a return on equity of 23.84%. The firm had revenue of $1.21 billion during the quarter, compared to analysts’ expectations of $974.28 million. During the same period in the previous year, the business posted $0.35 earnings per share. The company’s revenue for the quarter was down 13.4% compared to the same quarter last year. Tetra Tech has set its Q2 2026 guidance at 0.300-0.330 EPS and its FY 2026 guidance at 1.460-1.560 EPS. As a group, equities research analysts predict that Tetra Tech, Inc. will post 1.37 EPS for the current year.

Tetra Tech Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Thursday, February 12th were paid a $0.065 dividend. The ex-dividend date was Thursday, February 12th. This represents a $0.26 dividend on an annualized basis and a yield of 0.8%. Tetra Tech’s dividend payout ratio is 19.55%.

Insiders Place Their Bets

In other Tetra Tech news, SVP Brian N. Carter sold 9,979 shares of the stock in a transaction dated Wednesday, February 4th. The shares were sold at an average price of $40.23, for a total value of $401,455.17. Following the transaction, the senior vice president directly owned 46,496 shares of the company’s stock, valued at $1,870,534.08. This represents a 17.67% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.49% of the stock is currently owned by corporate insiders.

Tetra Tech Company Profile

(Free Report)

Tetra Tech, Inc is a leading provider of consulting and engineering services with a focus on water, environment, infrastructure, resource management and energy sectors. Headquartered in Pasadena, California, the company delivers end-to-end solutions that encompass planning, design, engineering, program management and construction management. Tetra Tech’s multidisciplinary teams integrate science, technology and advisory services to address complex challenges in areas such as water resources, environmental remediation, sustainable infrastructure and renewable energy.

The company’s core offerings include environmental assessments and cleanup, water treatment and reuse, coastal and marine engineering, climate resilience planning, and engineering design for transportation and built environments.

Featured Articles

Want to see what other hedge funds are holding TTEK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Tetra Tech, Inc. (NASDAQ:TTEKFree Report).

Institutional Ownership by Quarter for Tetra Tech (NASDAQ:TTEK)

Receive News & Ratings for Tetra Tech Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tetra Tech and related companies with MarketBeat.com's FREE daily email newsletter.