Lbp Am Sa Boosts Stock Holdings in Tetra Tech, Inc. $TTEK

Lbp Am Sa grew its stake in shares of Tetra Tech, Inc. (NASDAQ:TTEK) by 68.4% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 345,230 shares of the industrial products company’s stock after buying an additional 140,219 shares during the quarter. Lbp Am Sa’s holdings in Tetra Tech were worth $11,524,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the company. Bfsg LLC purchased a new stake in Tetra Tech during the third quarter valued at about $25,000. Financial Consulate Inc. acquired a new position in shares of Tetra Tech in the 3rd quarter valued at about $26,000. Root Financial Partners LLC purchased a new stake in shares of Tetra Tech during the 3rd quarter worth about $30,000. MAI Capital Management increased its position in Tetra Tech by 68.1% during the 2nd quarter. MAI Capital Management now owns 849 shares of the industrial products company’s stock worth $31,000 after purchasing an additional 344 shares in the last quarter. Finally, True Wealth Design LLC lifted its position in Tetra Tech by 228.6% during the third quarter. True Wealth Design LLC now owns 1,012 shares of the industrial products company’s stock valued at $34,000 after buying an additional 704 shares in the last quarter. 93.89% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Tetra Tech in a research note on Wednesday, January 21st. Wall Street Zen raised Tetra Tech from a “hold” rating to a “buy” rating in a research report on Sunday, November 23rd. Robert W. Baird upped their target price on Tetra Tech from $40.00 to $41.00 and gave the stock a “neutral” rating in a research report on Thursday, November 13th. Royal Bank Of Canada reissued an “outperform” rating and set a $48.00 price target (up from $47.00) on shares of Tetra Tech in a research report on Friday, November 14th. Finally, Northcoast Research raised shares of Tetra Tech from a “neutral” rating to a “buy” rating and set a $38.00 price objective for the company in a research report on Thursday, November 13th. Four analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $42.20.

Tetra Tech Price Performance

Shares of NASDAQ TTEK opened at $36.68 on Tuesday. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 0.43. Tetra Tech, Inc. has a fifty-two week low of $27.27 and a fifty-two week high of $39.06. The business has a 50 day moving average price of $34.91 and a two-hundred day moving average price of $35.12. The firm has a market cap of $9.58 billion, a PE ratio of 39.44 and a beta of 0.90.

Tetra Tech (NASDAQ:TTEK) last released its earnings results on Wednesday, November 12th. The industrial products company reported $0.45 EPS for the quarter, beating the consensus estimate of $0.40 by $0.05. The company had revenue of $1.33 billion during the quarter, compared to analysts’ expectations of $1.06 billion. Tetra Tech had a return on equity of 25.79% and a net margin of 4.55%.The business’s revenue was up 1.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.38 EPS. Tetra Tech has set its Q1 2026 guidance at 0.300-0.330 EPS and its FY 2026 guidance at 1.400-1.550 EPS. Sell-side analysts expect that Tetra Tech, Inc. will post 1.37 earnings per share for the current fiscal year.

Tetra Tech Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 12th. Stockholders of record on Monday, December 1st were paid a $0.065 dividend. This represents a $0.26 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Monday, December 1st. Tetra Tech’s dividend payout ratio is 27.96%.

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.