Tetra Tech (NASDAQ:TTEK) Stock Price Down 11.7% – Should You Sell?

Tetra Tech, Inc. (NASDAQ:TTEK) shares traded down 11.7% on Thursday . The company traded as low as $35.40 and last traded at $35.6790. 5,117,880 shares traded hands during trading, an increase of 80% from the average session volume of 2,837,117 shares. The stock had previously closed at $40.42.

Analyst Upgrades and Downgrades

Several research firms have commented on TTEK. Weiss Ratings reiterated a “hold (c)” rating on shares of Tetra Tech in a research note on Wednesday, January 21st. Robert W. Baird set a $43.00 price target on Tetra Tech in a research report on Thursday, January 29th. Northcoast Research raised Tetra Tech from a “neutral” rating to a “buy” rating and set a $38.00 price objective on the stock in a research report on Thursday, November 13th. Royal Bank Of Canada restated an “outperform” rating and issued a $48.00 price objective (up previously from $47.00) on shares of Tetra Tech in a research note on Friday, November 14th. Finally, Wall Street Zen upgraded Tetra Tech from a “hold” rating to a “buy” rating in a research note on Sunday, November 23rd. Four investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $42.60.

Tetra Tech Trading Down 11.8%

The company has a debt-to-equity ratio of 0.45, a current ratio of 1.31 and a quick ratio of 1.31. The firm has a fifty day simple moving average of $36.12 and a two-hundred day simple moving average of $35.30. The firm has a market capitalization of $9.30 billion, a P/E ratio of 26.81 and a beta of 0.91.

Tetra Tech (NASDAQ:TTEK) last issued its earnings results on Wednesday, January 28th. The industrial products company reported $0.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.31 by $0.04. The firm had revenue of $1.21 billion for the quarter, compared to analyst estimates of $974.28 million. Tetra Tech had a return on equity of 23.84% and a net margin of 6.73%.The business’s revenue was down 13.4% on a year-over-year basis. During the same period in the previous year, the company 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. On average, equities research analysts anticipate that Tetra Tech, Inc. will post 1.37 earnings per share for the current fiscal year.

Tetra Tech Dividend Announcement

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

Insider Activity

In related news, SVP Brian N. Carter sold 9,979 shares of the company’s stock in a transaction that occurred on Wednesday, February 4th. The shares were sold at an average price of $40.23, for a total transaction of $401,455.17. Following the sale, the senior vice president directly owned 46,496 shares in the company, valued at approximately $1,870,534.08. This represents a 17.67% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 0.49% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Tetra Tech

Institutional investors have recently made changes to their positions in the stock. Bfsg LLC bought a new position in shares of Tetra Tech in the third quarter worth $25,000. Financial Consulate Inc. bought a new position in Tetra Tech in the 3rd quarter worth about $26,000. Root Financial Partners LLC purchased a new position in Tetra Tech during the 3rd quarter valued at about $30,000. First Horizon Corp grew its holdings in Tetra Tech by 50.4% during the 4th quarter. First Horizon Corp now owns 880 shares of the industrial products company’s stock valued at $30,000 after buying an additional 295 shares in the last quarter. Finally, CIBC Private Wealth Group LLC increased its position in shares of Tetra Tech by 63.3% during the fourth quarter. CIBC Private Wealth Group LLC now owns 880 shares of the industrial products company’s stock valued at $30,000 after buying an additional 341 shares during the period. Hedge funds and other institutional investors own 93.89% of the company’s stock.

Tetra Tech Company 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.