Y Intercept Hong Kong Ltd Increases Stock Position in Tetra Tech, Inc. $TTEK

Y Intercept Hong Kong Ltd grew its holdings in shares of Tetra Tech, Inc. (NASDAQ:TTEK) by 179.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 50,564 shares of the industrial products company’s stock after purchasing an additional 32,480 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Tetra Tech were worth $1,688,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of TTEK. Ninety One UK Ltd increased its holdings in shares of Tetra Tech by 2.8% in the 3rd quarter. Ninety One UK Ltd now owns 2,870,244 shares of the industrial products company’s stock valued at $95,809,000 after purchasing an additional 78,332 shares in the last quarter. King Luther Capital Management Corp increased its holdings in Tetra Tech by 6.8% in the second quarter. King Luther Capital Management Corp now owns 1,643,157 shares of the industrial products company’s stock valued at $59,088,000 after buying an additional 105,286 shares in the last quarter. Bessemer Group Inc. lifted its position in shares of Tetra Tech by 24.5% during the 2nd quarter. Bessemer Group Inc. now owns 970,018 shares of the industrial products company’s stock valued at $34,881,000 after acquiring an additional 190,995 shares during the period. Arrowstreet Capital Limited Partnership increased its stake in Tetra Tech by 69.2% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 906,233 shares of the industrial products company’s stock valued at $32,588,000 after purchasing an additional 370,559 shares in the last quarter. Finally, Quadrant Capital Group LLC raised its holdings in Tetra Tech by 218.6% during the second quarter. Quadrant Capital Group LLC now owns 25,030 shares of the industrial products company’s stock worth $900,000 after purchasing an additional 17,174 shares during the last quarter. 93.89% of the stock is currently owned by hedge funds and other institutional investors.

Tetra Tech Stock Up 3.0%

Shares of NASDAQ TTEK opened at $38.22 on Friday. The firm has a market cap of $9.98 billion, a P/E ratio of 28.74 and a beta of 0.90. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.18 and a current ratio of 1.18. Tetra Tech, Inc. has a 1 year low of $27.27 and a 1 year high of $40.88. The firm’s 50 day moving average price is $35.04 and its 200 day moving average price is $35.16.

Tetra Tech (NASDAQ:TTEK) last issued its quarterly earnings results on Wednesday, January 28th. The industrial products company reported $0.35 earnings per share for the quarter, topping analysts’ consensus estimates of $0.31 by $0.04. Tetra Tech had a return on equity of 24.36% and a net margin of 6.73%.The company had revenue of $1.21 billion for the quarter, compared to analyst estimates of $974.28 million. During the same quarter in the prior year, the company posted $0.35 EPS. The business’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, sell-side analysts anticipate that Tetra Tech, Inc. will post 1.37 earnings per share for the current year.

Tetra Tech Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 27th. Shareholders of record on Thursday, February 12th will be paid a $0.065 dividend. This represents a $0.26 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Thursday, February 12th. Tetra Tech’s dividend payout ratio (DPR) is presently 19.55%.

Wall Street Analyst Weigh In

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

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.