14,335 Shares in Tetra Tech, Inc. $TTEK Bought by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. acquired a new stake in Tetra Tech, Inc. (NASDAQ:TTEK) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 14,335 shares of the industrial products company’s stock, valued at approximately $414,000.

A number of other institutional investors and hedge funds have also made changes to their positions in TTEK. Optas LLC grew its holdings in shares of Tetra Tech by 2.6% during the first quarter. Optas LLC now owns 12,803 shares of the industrial products company’s stock worth $386,000 after buying an additional 330 shares during the last quarter. CIBC Private Wealth Group LLC raised its stake in Tetra Tech by 63.3% during the 4th quarter. CIBC Private Wealth Group LLC now owns 880 shares of the industrial products company’s stock valued at $30,000 after acquiring an additional 341 shares during the last quarter. Larson Financial Group LLC raised its stake in Tetra Tech by 26.9% during the 4th quarter. Larson Financial Group LLC now owns 1,691 shares of the industrial products company’s stock valued at $57,000 after acquiring an additional 358 shares during the last quarter. Parallel Advisors LLC lifted its position in Tetra Tech by 8.1% during the 1st quarter. Parallel Advisors LLC now owns 4,799 shares of the industrial products company’s stock worth $145,000 after acquiring an additional 359 shares during the period. Finally, Groupe la Francaise lifted its position in Tetra Tech by 4.3% during the 4th quarter. Groupe la Francaise now owns 12,000 shares of the industrial products company’s stock worth $402,000 after acquiring an additional 500 shares during the period. 93.89% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the company. Robert W. Baird set a $37.00 target price on Tetra Tech in a report on Thursday, July 30th. Wall Street Zen lowered shares of Tetra Tech from a “buy” rating to a “hold” rating in a research report on Saturday, August 22nd. Weiss Ratings raised shares of Tetra Tech from a “hold (c-)” rating to a “hold (c)” rating in a research note on Friday, August 7th. Royal Bank Of Canada cut their price objective on shares of Tetra Tech from $48.00 to $43.00 and set an “outperform” rating for the company in a research report on Wednesday, July 22nd. Finally, National Bank Financial reduced their target price on shares of Tetra Tech from $38.00 to $35.00 and set an “outperform” rating for the company in a research note on Monday, July 13th. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, Tetra Tech currently has an average rating of “Moderate Buy” and a consensus price target of $38.25.

Tetra Tech Trading Down 0.5%

Shares of TTEK opened at $36.59 on Thursday. Tetra Tech, Inc. has a twelve month low of $25.81 and a twelve month high of $43.14. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 0.43. The firm has a market capitalization of $9.37 billion, a P/E ratio of 22.04 and a beta of 0.90. The firm’s 50-day moving average is $32.37 and its two-hundred day moving average is $31.80.

Tetra Tech (NASDAQ:TTEK) last posted its quarterly earnings results on Wednesday, July 29th. The industrial products company reported $0.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.40 by $0.02. The company had revenue of $1.31 billion during the quarter, compared to the consensus estimate of $1.08 billion. Tetra Tech had a net margin of 8.60% and a return on equity of 22.32%. The company’s revenue for the quarter was down 4.4% on a year-over-year basis. During the same period last year, the firm earned $0.43 EPS. Tetra Tech has set its Q4 2026 guidance at 0.450-0.480 EPS and its FY 2026 guidance at 1.560-1.590 EPS. On average, research analysts predict that Tetra Tech, Inc. will post 1.58 earnings per share for the current fiscal year.

Tetra Tech Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, August 27th. Shareholders of record on Thursday, August 13th will be given a dividend of $0.072 per share. This represents a $0.29 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Thursday, August 13th. Tetra Tech’s payout ratio is presently 17.47%.

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.