
Tetra Technologies, Inc. (NYSE:TTI – Free Report) – Investment analysts at Northland Securities lowered their FY2027 earnings per share estimates for shares of Tetra Technologies in a note issued to investors on Tuesday, September 1st. Northland Securities analyst B. Brooks now forecasts that the oil and gas company will earn $0.21 per share for the year, down from their previous forecast of $0.36. The consensus estimate for Tetra Technologies’ current full-year earnings is $0.26 per share. Northland Securities also issued estimates for Tetra Technologies’ Q4 2027 earnings at $0.04 EPS.
Tetra Technologies (NYSE:TTI – Get Free Report) last released its earnings results on Monday, August 3rd. The oil and gas company reported $0.08 earnings per share for the quarter, hitting the consensus estimate of $0.08. Tetra Technologies had a return on equity of 9.11% and a net margin of 0.97%.The business had revenue of $185.66 million during the quarter, compared to the consensus estimate of $176.16 million. During the same period last year, the company earned $0.08 earnings per share.
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Tetra Technologies Price Performance
Shares of TTI stock opened at $6.66 on Thursday. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.46 and a quick ratio of 1.76. The company has a market capitalization of $985.43 million, a P/E ratio of 166.42 and a beta of 1.23. The company’s 50-day simple moving average is $8.50 and its two-hundred day simple moving average is $9.15. Tetra Technologies has a one year low of $4.61 and a one year high of $12.54.
Hedge Funds Weigh In On Tetra Technologies
Hedge funds have recently modified their holdings of the stock. Corient Private Wealth LP purchased a new position in shares of Tetra Technologies in the second quarter worth $114,000. Amundi raised its position in Tetra Technologies by 249.5% during the 2nd quarter. Amundi now owns 58,017 shares of the oil and gas company’s stock worth $657,000 after buying an additional 41,419 shares during the last quarter. California State Teachers Retirement System increased its stake in shares of Tetra Technologies by 902.8% in the second quarter. California State Teachers Retirement System now owns 1,654,191 shares of the oil and gas company’s stock worth $18,742,000 after acquiring an additional 1,489,237 shares during the period. Benjamin Edwards Inc. boosted its holdings in Tetra Technologies by 15.4% in the second quarter. Benjamin Edwards Inc. now owns 17,357 shares of the oil and gas company’s stock valued at $197,000 after purchasing an additional 2,318 shares during the last quarter. Finally, Penn Capital Management Company LLC boosted its stake in shares of Tetra Technologies by 62.4% in the second quarter. Penn Capital Management Company LLC now owns 180,867 shares of the oil and gas company’s stock worth $2,049,000 after buying an additional 69,500 shares during the last quarter. Institutional investors and hedge funds own 70.19% of the company’s stock.
Insider Activity
In other news, Director Angela D. John bought 10,000 shares of Tetra Technologies stock in a transaction on Wednesday, September 2nd. The stock was acquired at an average cost of $6.50 per share, for a total transaction of $65,000.00. Following the completion of the acquisition, the director owned 97,434 shares of the company’s stock, valued at $633,321. This trade represents a 11.44% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, VP Kurt Hallead bought 22,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 9th. The shares were purchased at an average cost of $9.86 per share, with a total value of $216,920.00. Following the transaction, the vice president directly owned 170,764 shares of the company’s stock, valued at $1,683,733.04. The trade was a 14.79% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders own 6.27% of the company’s stock.
Tetra Technologies News Roundup
Here are the key news stories impacting Tetra Technologies this week:
- Positive Sentiment: Director Angela D. John purchased 10,000 TTI shares for approximately $65,000 at an average price of $6.50. The purchase increased her direct ownership by 11.44% to 97,434 shares, potentially signaling that she views the recent weakness as an attractive entry point. SEC insider transaction filing
- Positive Sentiment: Chief Executive Officer Brady Murphy and Treasurer and Vice President of Investor Relations Kurt Hallead are scheduled to meet institutional investors at the Barclays Energy-Power Conference on September 9 and the Jefferies Renewables, Clean Energy and E&C Conference on September 10. The meetings could give management an opportunity to discuss growth initiatives and improve visibility with investors. TETRA investor conference announcement
- Neutral Sentiment: An analyst roundup included Tetra Technologies among several industrial-goods companies, but the available details did not identify a new rating, price-target revision, or other material change specific to TTI. Analyst roundup
- Negative Sentiment: Northland Securities lowered its FY2026 EPS estimate to $0.23 from $0.24 and cut its forecasts for Q1, Q2 and Q3 2027 to $0.04, $0.09 and $0.05, respectively. The reductions indicate expectations for softer profitability and remain below the current full-year consensus estimate of $0.26 per share. Tetra Technologies analyst estimates
About Tetra Technologies
Tetra Technologies, Inc (NYSE: TTI) is a provider of specialized products and services to the upstream oil and gas industry. The company operates through two primary segments: Oilfield Services, which offers hydraulic fracturing and wellsite fluid systems, and Chemical Solutions, which manufactures and delivers a broad range of drilling, completion and production chemicals. Tetra’s integrated service model spans the design, blending and on-site delivery of fluids, as well as pumping equipment and related wellsite operations.
Within the Oilfield Services segment, Tetra supplies pressure pumping fleets and associated equipment to support onshore hydraulic fracturing and well placement activities.
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