Tetra Tech, Inc. (NASDAQ:TTEK) Plans Quarterly Dividend of $0.07

Tetra Tech, Inc. (NASDAQ:TTEK) declared a quarterly dividend on Monday, January 26th. Stockholders of record on Thursday, February 12th will be paid a dividend of 0.065 per share by the industrial products company on Friday, February 27th. This represents a c) dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Thursday, February 12th.

Tetra Tech has raised its dividend payment by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 11 years. Tetra Tech has a payout ratio of 16.9% meaning its dividend is sufficiently covered by earnings. Analysts expect Tetra Tech to earn $1.55 per share next year, which means the company should continue to be able to cover its $0.26 annual dividend with an expected future payout ratio of 16.8%.

Tetra Tech Stock Up 1.9%

Shares of NASDAQ:TTEK opened at $42.09 on Tuesday. The firm has a market cap of $10.98 billion, a P/E ratio of 31.65 and a beta of 0.91. Tetra Tech has a 12-month low of $27.27 and a 12-month high of $42.33. The business has a fifty day simple moving average of $35.85 and a 200 day simple moving average of $35.23. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 0.45.

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, beating the consensus estimate of $0.31 by $0.04. The company had revenue of $1.21 billion during the quarter, compared to analysts’ expectations of $974.28 million. Tetra Tech had a return on equity of 23.84% and a net margin of 6.73%.The business’s quarterly revenue was down 13.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.35 earnings per share. 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. Analysts predict that Tetra Tech will post 1.37 earnings per share for the current year.

Insider Transactions at Tetra Tech

In other Tetra Tech news, SVP Brian N. Carter sold 9,979 shares of the firm’s stock in a transaction that occurred on Wednesday, February 4th. The stock was sold at an average price of $40.23, for a total value of $401,455.17. Following the completion of the sale, the senior vice president owned 46,496 shares of the company’s stock, valued at approximately $1,870,534.08. This trade represents a 17.67% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 0.49% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. Brighton Jones LLC purchased a new stake in Tetra Tech in the 4th quarter valued at $225,000. AQR Capital Management LLC raised its holdings in shares of Tetra Tech by 451.6% in the first quarter. AQR Capital Management LLC now owns 145,077 shares of the industrial products company’s stock valued at $4,204,000 after purchasing an additional 118,774 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in shares of Tetra Tech by 136.5% during the first quarter. Goldman Sachs Group Inc. now owns 1,658,349 shares of the industrial products company’s stock valued at $48,507,000 after purchasing an additional 957,050 shares in the last quarter. Geneos Wealth Management Inc. boosted its holdings in Tetra Tech by 136.1% during the first quarter. Geneos Wealth Management Inc. now owns 1,303 shares of the industrial products company’s stock worth $38,000 after purchasing an additional 751 shares during the last quarter. Finally, US Bancorp DE boosted its holdings in Tetra Tech by 1.7% during the second quarter. US Bancorp DE now owns 18,326 shares of the industrial products company’s stock worth $659,000 after purchasing an additional 299 shares during the last quarter. Hedge funds and other institutional investors own 93.89% of the company’s stock.

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.