176,857 Shares in Tetra Tech, Inc. $TTEK Acquired by SFE Investment Counsel

SFE Investment Counsel purchased a new stake in shares of Tetra Tech, Inc. (NASDAQ:TTEK) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 176,857 shares of the industrial products company’s stock, valued at approximately $5,109,000.

Several other institutional investors have also recently bought and sold shares of TTEK. Handelsbanken Fonder AB boosted its stake in Tetra Tech by 7.4% in the second quarter. Handelsbanken Fonder AB now owns 449,922 shares of the industrial products company’s stock worth $12,998,000 after purchasing an additional 31,147 shares in the last quarter. Sarasin & Partners LLP increased its stake in shares of Tetra Tech by 8.4% in the second quarter. Sarasin & Partners LLP now owns 472,902 shares of the industrial products company’s stock valued at $13,662,000 after buying an additional 36,732 shares in the last quarter. Dynamic Advisor Solutions LLC increased its stake in shares of Tetra Tech by 8.6% in the second quarter. Dynamic Advisor Solutions LLC now owns 20,443 shares of the industrial products company’s stock valued at $591,000 after buying an additional 1,618 shares in the last quarter. Pacer Advisors Inc. raised its holdings in shares of Tetra Tech by 3.6% in the first quarter. Pacer Advisors Inc. now owns 72,043 shares of the industrial products company’s stock valued at $2,170,000 after buying an additional 2,490 shares during the last quarter. Finally, Glenmede Trust Co. NA raised its holdings in shares of Tetra Tech by 171.4% in the first quarter. Glenmede Trust Co. NA now owns 19,088 shares of the industrial products company’s stock valued at $575,000 after buying an additional 12,054 shares during the last quarter. Institutional investors own 93.89% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the stock. Robert W. Baird set a $37.00 price objective on shares of Tetra Tech in a report on Thursday, July 30th. National Bank Financial reduced their target price on shares of Tetra Tech from $38.00 to $35.00 and set an “outperform” rating on the stock in a research report on Monday, July 13th. Weiss Ratings raised shares of Tetra Tech from a “hold (c-)” rating to a “hold (c)” rating in a research note on Friday, August 7th. Wall Street Zen raised shares of Tetra Tech from a “hold” rating to a “buy” rating in a report on Saturday, August 1st. Finally, Royal Bank Of Canada dropped their price objective on shares of Tetra Tech from $48.00 to $43.00 and set an “outperform” rating for the company in a research report on Wednesday, July 22nd. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, Tetra Tech currently has an average rating of “Moderate Buy” and a consensus target price of $38.25.

Tetra Tech Price Performance

Shares of TTEK stock opened at $36.51 on Friday. The stock has a 50-day moving average price of $31.01 and a 200 day moving average price of $31.95. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 0.43. The firm has a market cap of $9.35 billion, a price-to-earnings ratio of 21.99 and a beta of 0.90. Tetra Tech, Inc. has a 12 month low of $25.81 and a 12 month high of $43.14.

Tetra Tech (NASDAQ:TTEK) last released its earnings results on Wednesday, July 29th. The industrial products company reported $0.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.40 by $0.02. Tetra Tech had a net margin of 8.60% and a return on equity of 22.32%. The company had revenue of $1.31 billion for the quarter, compared to the consensus estimate of $1.08 billion. During the same period in the prior year, the company posted $0.43 EPS. The company’s revenue was down 4.4% compared to the same quarter last year. Tetra Tech has set its Q4 2026 guidance at 0.450-0.480 EPS and its FY 2026 guidance at 1.560-1.590 EPS. Research analysts expect that Tetra Tech, Inc. will post 1.58 EPS for the current year.

Tetra Tech Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, August 27th. Investors of record on Thursday, August 13th will be paid a dividend of $0.072 per share. This represents a $0.29 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Thursday, August 13th. Tetra Tech’s payout ratio is 17.47%.

About Tetra Tech

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.