Pensioenfonds Rail & OV Purchases New Holdings in Tetra Tech, Inc. $TTEK

Pensioenfonds Rail & OV purchased a new position in shares of Tetra Tech, Inc. (NASDAQ:TTEK) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 149,752 shares of the industrial products company’s stock, valued at approximately $4,934,000. Tetra Tech makes up 1.3% of Pensioenfonds Rail & OV’s holdings, making the stock its 29th largest holding. Pensioenfonds Rail & OV owned approximately 0.06% of Tetra Tech as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. AlpenGlobal Capital LLC boosted its stake in Tetra Tech by 2.7% during the third quarter. AlpenGlobal Capital LLC now owns 106,444 shares of the industrial products company’s stock worth $3,507,000 after acquiring an additional 2,776 shares in the last quarter. Allworth Financial LP grew its holdings in Tetra Tech by 7.9% in the third quarter. Allworth Financial LP now owns 6,090 shares of the industrial products company’s stock worth $201,000 after purchasing an additional 445 shares during the period. Maryland State Retirement & Pension System grew its holdings in Tetra Tech by 14.1% in the third quarter. Maryland State Retirement & Pension System now owns 14,213 shares of the industrial products company’s stock worth $468,000 after purchasing an additional 1,759 shares during the period. Ritholtz Wealth Management bought a new stake in Tetra Tech in the third quarter valued at $207,000. Finally, Jefferies Financial Group Inc. bought a new stake in Tetra Tech in the third quarter valued at $735,000. Institutional investors and hedge funds own 93.89% of the company’s stock.

Tetra Tech Stock Down 1.5%

NASDAQ:TTEK traded down $0.60 during trading hours on Friday, hitting $38.83. 3,143,012 shares of the company traded hands, compared to its average volume of 2,959,370. The company has a quick ratio of 1.18, a current ratio of 1.26 and a debt-to-equity ratio of 0.47. The company has a market cap of $9.94 billion, a PE ratio of 22.98 and a beta of 0.86. The firm’s 50-day simple moving average is $36.06 and its 200-day simple moving average is $33.27. Tetra Tech, Inc. has a one year low of $25.81 and a one year high of $43.14.

Tetra Tech (NASDAQ:TTEK) last posted its earnings results on Wednesday, November 11th. The industrial products company reported $0.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.02. The firm had revenue of $1.34 billion during the quarter, compared to analyst estimates of $1.15 billion. Tetra Tech had a net margin of 8.67% and a return on equity of 22.37%. The business’s revenue was up 15.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.45 EPS. Tetra Tech has set its FY 2027 guidance at 1.650-1.800 EPS and its Q1 2027 guidance at 0.360-0.380 EPS. Equities analysts predict that Tetra Tech, Inc. will post 1.74 earnings per share for the current year.

Tetra Tech Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, December 11th. Investors of record on Wednesday, December 2nd will be issued a dividend of $0.0720 per share. The ex-dividend date is Wednesday, December 2nd. This represents a $0.29 annualized dividend and a yield of 0.7%. Tetra Tech’s payout ratio is 17.16%.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on TTEK. Royal Bank Of Canada dropped their price objective on shares of Tetra Tech from $46.00 to $44.00 and set an “outperform” rating on the stock in a report on Thursday, October 15th. Wall Street Zen downgraded Tetra Tech from a “buy” rating to a “hold” rating in a research note on Saturday, October 17th. Weiss Ratings raised Tetra Tech from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, October 27th. KeyCorp boosted their target price on Tetra Tech from $41.00 to $42.00 and gave the company an “overweight” rating in a research report on Friday. Finally, Robert W. Baird upped their price target on Tetra Tech from $37.00 to $40.00 and gave the stock a “neutral” rating in a research note on Thursday. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, Tetra Tech presently has an average rating of “Moderate Buy” and an average price target of $40.25.

Top Tetra Tech Stories

Here are a few of the latest stories about TTEK:

• Positive Sentiment: Tetra Tech reported fourth-quarter adjusted EPS of $0.49, above the $0.47 consensus and up from $0.45 a year earlier. Net revenue rose 5% year over year to $1.15 billion, with reports indicating results beat or met estimates. Shares rallied after the release. Benzinga report on the earnings-driven move
• Positive Sentiment: Funded backlog reached $4.67 billion, while new orders exceeded $1.6 billion—indicators of future project revenue and demand. Coverage also highlighted water projects and stronger cash flow as growth supports. Benzinga backlog report
• Positive Sentiment: KeyCorp raised its price target to $42 from $41 and maintained an Overweight rating. Baird also lifted its target, to $40 from $37, while keeping a Neutral rating. KeyCorp rating update

About Tetra Tech

Tetra Tech, Inc. is a consulting and engineering services company founded in 1966. It works with government and commercial clients on projects involving water, the environment, infrastructure, energy, and resource management. The company provides services across the project lifecycle, including planning, consulting, engineering, design, and program and construction management. Its work includes water supply and wastewater systems, environmental assessment and remediation, infrastructure development, and climate resilience.