46,604 Shares of Tetra Tech, Inc. $TTEK Purchased by Fulcrum Asset Management LLP

Fulcrum Asset Management LLP purchased a new stake in shares of Tetra Tech, Inc. (NASDAQ:TTEK) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 46,604 shares of the industrial products company’s stock, valued at approximately $1,571,000.

Other large investors have also recently modified their holdings of the company. Evelyn Partners Investment Management Services Ltd purchased a new position in shares of Tetra Tech in the first quarter worth about $35,000. Mather Group LLC. grew its position in Tetra Tech by 562.0% during the 3rd quarter. Mather Group LLC. now owns 1,377 shares of the industrial products company’s stock worth $45,000 after acquiring an additional 1,169 shares during the last quarter. Root Financial Partners LLC purchased a new position in Tetra Tech in the 3rd quarter worth approximately $64,000. Signaturefd LLC increased its stake in Tetra Tech by 65.0% in the 3rd quarter. Signaturefd LLC now owns 1,990 shares of the industrial products company’s stock worth $66,000 after purchasing an additional 784 shares during the period. Finally, Parallel Advisors LLC lifted its position in Tetra Tech by 16.5% in the third quarter. Parallel Advisors LLC now owns 2,285 shares of the industrial products company’s stock valued at $75,000 after purchasing an additional 323 shares during the last quarter. Hedge funds and other institutional investors own 93.89% of the company’s stock.

Tetra Tech Stock Down 7.5%

Shares of Tetra Tech stock opened at $37.61 on Thursday. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 0.43. Tetra Tech, Inc. has a 12-month low of $25.81 and a 12-month high of $43.14. The company has a market cap of $9.63 billion, a P/E ratio of 22.66 and a beta of 0.86. The company’s fifty day simple moving average is $35.94 and its two-hundred day simple moving average is $33.25.

Tetra Tech (NASDAQ:TTEK) last posted its earnings results on Wednesday, November 11th. The industrial products company reported $0.49 EPS for the quarter, topping the consensus estimate of $0.47 by $0.02. The firm had revenue of $1.34 billion during the quarter, compared to analysts’ expectations of $1.15 billion. Tetra Tech had a net margin of 8.60% and a return on equity of 22.32%. The company’s quarterly revenue was up 15.2% compared to the same quarter last year. During the same period last year, the company posted $0.45 EPS. Tetra Tech has set its FY 2027 guidance at 1.650-1.800 EPS and its Q1 2027 guidance at 0.360-0.380 EPS. Research analysts anticipate that Tetra Tech, Inc. will post 1.58 EPS for the current year.

Tetra Tech Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 11th. Shareholders of record on Wednesday, December 2nd will be issued a $0.0720 dividend. The ex-dividend date is Wednesday, December 2nd. This represents a $0.29 annualized dividend and a yield of 0.8%. Tetra Tech’s dividend payout ratio (DPR) is 17.47%.

Tetra Tech News Roundup

These are some of the TTEK news items that stood out recently:

• Positive Sentiment: Fourth-quarter adjusted EPS was $0.49, topping the $0.47 consensus and rising from $0.45 a year earlier. Revenue increased 15.2% year over year, while the company reported fourth-quarter revenue of $1.34 billion. Zacks earnings report
• Neutral Sentiment: Fiscal 2027 EPS guidance of $1.65–$1.80 brackets the $1.72 consensus, and revenue guidance of $4.4–$4.6 billion brackets the $4.5 billion estimate. The first-quarter EPS range of $0.36–$0.38 reaches, but does not exceed, the $0.38 consensus. Tetra Tech results and outlook
• Negative Sentiment: First-quarter revenue guidance of $1.0–$1.1 billion is at or below the $1.1 billion consensus, and the low end of the fiscal-year ranges is also below analyst estimates. This leaves room for disappointment if results track toward the bottom of the ranges.

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. Royal Bank Of Canada dropped their price objective on Tetra Tech from $46.00 to $44.00 and set an “outperform” rating for the company in a research note on Thursday, October 15th. Weiss Ratings raised shares of Tetra Tech from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, October 27th. Robert W. Baird set a $37.00 price target on shares of Tetra Tech in a report on Thursday, July 30th. Wall Street Zen cut shares of Tetra Tech from a “buy” rating to a “hold” rating in a research report on Saturday, October 17th. Finally, KeyCorp reaffirmed an “overweight” rating and set a $41.00 price objective (down from $43.00) on shares of Tetra Tech in a research note on Thursday, October 15th. Four analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $39.00.

Tetra Tech Company Profile

Tetra Tech, Inc. is a consulting and engineering services company founded in 1966. It works with government and commercial clients on projects involving water, the environment, infrastructure, energy, and resource management. The company provides services across the project lifecycle, including planning, consulting, engineering, design, and program and construction management. Its work includes water supply and wastewater systems, environmental assessment and remediation, infrastructure development, and climate resilience.