King Luther Capital Management Corp Has $53.36 Million Position in Tetra Tech, Inc. $TTEK

King Luther Capital Management Corp reduced its holdings in Tetra Tech, Inc. (NASDAQ:TTEK) by 3.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,590,916 shares of the industrial products company’s stock after selling 55,411 shares during the period. King Luther Capital Management Corp’s holdings in Tetra Tech were worth $53,359,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of TTEK. Root Financial Partners LLC acquired a new position in Tetra Tech in the third quarter valued at approximately $30,000. First Horizon Corp lifted its holdings in Tetra Tech by 50.4% in the fourth quarter. First Horizon Corp now owns 880 shares of the industrial products company’s stock valued at $30,000 after buying an additional 295 shares during the period. Geneos Wealth Management Inc. lifted its holdings in Tetra Tech by 136.1% in the first quarter. Geneos Wealth Management Inc. now owns 1,303 shares of the industrial products company’s stock valued at $38,000 after buying an additional 751 shares during the period. Danske Bank A S acquired a new position in Tetra Tech in the third quarter valued at approximately $53,000. Finally, Larson Financial Group LLC lifted its holdings in Tetra Tech by 26.9% in the fourth quarter. Larson Financial Group LLC now owns 1,691 shares of the industrial products company’s stock valued at $57,000 after buying an additional 358 shares during the period. 93.89% of the stock is currently owned by institutional investors and hedge funds.

Tetra Tech Trading Up 0.3%

TTEK opened at $27.73 on Wednesday. The firm’s fifty day moving average is $30.25 and its two-hundred day moving average is $33.63. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.25 and a current ratio of 1.25. The firm has a market cap of $7.20 billion, a PE ratio of 16.60 and a beta of 1.00. Tetra Tech, Inc. has a twelve month low of $25.81 and a twelve month high of $43.14.

Tetra Tech (NASDAQ:TTEK) last posted its earnings results on Wednesday, April 29th. The industrial products company reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.31 by $0.03. The company had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1 billion. Tetra Tech had a net margin of 8.58% and a return on equity of 22.89%. The business’s revenue for the quarter was down 7.7% compared to the same quarter last year. During the same period last year, the business posted $0.33 earnings per share. Tetra Tech has set its FY 2026 guidance at 1.500-1.580 EPS and its Q3 2026 guidance at 0.38-0.41 EPS. Equities research analysts anticipate that Tetra Tech, Inc. will post 1.53 EPS for the current year.

Tetra Tech Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 2nd. Shareholders of record on Thursday, May 14th will be issued a $0.072 dividend. This represents a $0.29 annualized dividend and a yield of 1.0%. This is a boost from Tetra Tech’s previous quarterly dividend of $0.07. The ex-dividend date is Thursday, May 14th. Tetra Tech’s dividend payout ratio (DPR) is 17.37%.

Insiders Place Their Bets

In other news, Director Jeffrey R. Feeler bought 1,900 shares of the business’s stock in a transaction on Friday, May 15th. The shares were bought at an average cost of $26.41 per share, for a total transaction of $50,179.00. Following the completion of the acquisition, the director owned 1,900 shares in the company, valued at approximately $50,179. This trade represents a ∞ increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.49% of the company’s stock.

Wall Street Analyst Weigh In

TTEK has been the topic of several analyst reports. Weiss Ratings restated a “hold (c)” rating on shares of Tetra Tech in a report on Monday, April 20th. Robert W. Baird set a $35.00 target price on shares of Tetra Tech in a report on Thursday, April 30th. Four analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Tetra Tech currently has an average rating of “Moderate Buy” and an average target price of $41.00.

Tetra Tech Profile

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.