SFE Investment Counsel Acquires 20,662 Shares of Tetra Tech, Inc. $TTEK

SFE Investment Counsel raised its holdings in Tetra Tech, Inc. (NASDAQ:TTEK) by 25.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 102,422 shares of the industrial products company’s stock after buying an additional 20,662 shares during the period. SFE Investment Counsel’s holdings in Tetra Tech were worth $3,435,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. VIRGINIA RETIREMENT SYSTEMS ET Al boosted its stake in shares of Tetra Tech by 143.5% during the 4th quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 40,670 shares of the industrial products company’s stock worth $1,364,000 after buying an additional 23,970 shares during the last quarter. Osprey Private Wealth LLC increased its position in shares of Tetra Tech by 12.6% in the fourth quarter. Osprey Private Wealth LLC now owns 344,025 shares of the industrial products company’s stock valued at $11,539,000 after acquiring an additional 38,550 shares during the last quarter. Crossmark Global Holdings Inc. raised its holdings in Tetra Tech by 69.2% during the fourth quarter. Crossmark Global Holdings Inc. now owns 216,917 shares of the industrial products company’s stock worth $7,275,000 after acquiring an additional 88,745 shares in the last quarter. International Assets Investment Management LLC bought a new stake in Tetra Tech during the fourth quarter worth about $79,000. Finally, Crestwood Advisors Group LLC acquired a new position in Tetra Tech during the fourth quarter valued at approximately $208,000. 93.89% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research firms have weighed in on TTEK. Robert W. Baird set a $35.00 price target on Tetra Tech in a research report on Thursday, April 30th. Weiss Ratings reissued a “hold (c)” rating on shares of Tetra Tech in a report on Monday, April 20th. Four equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, Tetra Tech currently has a consensus rating of “Moderate Buy” and an average target price of $41.00.

Tetra Tech Stock Performance

TTEK opened at $27.06 on Thursday. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 0.47. Tetra Tech, Inc. has a 12-month low of $26.45 and a 12-month high of $43.14. The business has a 50 day moving average of $31.56 and a 200-day moving average of $33.97. The stock has a market cap of $7.02 billion, a price-to-earnings ratio of 16.20 and a beta of 1.00.

Tetra Tech (NASDAQ:TTEK) last posted its quarterly earnings results on Wednesday, April 29th. The industrial products company reported $0.34 earnings per share for the quarter, beating analysts’ consensus estimates of $0.31 by $0.03. Tetra Tech had a return on equity of 22.89% and a net margin of 8.58%.The business had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $1 billion. During the same quarter in the prior year, the business earned $0.33 EPS. The firm’s revenue for the quarter was down 7.7% on a year-over-year basis. Tetra Tech has set its FY 2026 guidance at 1.500-1.580 EPS and its Q3 2026 guidance at 0.38-0.41 EPS. On average, equities research analysts expect that Tetra Tech, Inc. will post 1.53 earnings per share for the current year.

Tetra Tech Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 2nd. Stockholders of record on Thursday, May 14th will be paid a dividend of $0.072 per share. The ex-dividend date is Thursday, May 14th. This represents a $0.29 dividend on an annualized basis and a dividend yield of 1.1%. This is a boost from Tetra Tech’s previous quarterly dividend of $0.07. Tetra Tech’s dividend payout ratio is 16.77%.

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.