Campbell & CO Investment Adviser LLC Invests $2.34 Million in Tetra Tech, Inc. $TTEK

Campbell & CO Investment Adviser LLC acquired a new stake in Tetra Tech, Inc. (NASDAQ:TTEK) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 70,217 shares of the industrial products company’s stock, valued at approximately $2,344,000.

Several other hedge funds have also added to or reduced their stakes in TTEK. Financial Consulate Inc. acquired a new position in Tetra Tech in the 3rd quarter valued at approximately $26,000. MAI Capital Management raised its position in Tetra Tech by 68.1% during the 2nd quarter. MAI Capital Management now owns 849 shares of the industrial products company’s stock worth $31,000 after purchasing an additional 344 shares during the last quarter. Parkside Financial Bank & Trust lifted its holdings in Tetra Tech by 54.5% during the 2nd quarter. Parkside Financial Bank & Trust now owns 987 shares of the industrial products company’s stock worth $35,000 after buying an additional 348 shares during the period. True Wealth Design LLC grew its position in shares of Tetra Tech by 228.6% in the 3rd quarter. True Wealth Design LLC now owns 1,012 shares of the industrial products company’s stock valued at $34,000 after buying an additional 704 shares during the last quarter. Finally, Geneos Wealth Management Inc. increased its stake in shares of Tetra Tech by 136.1% in the first quarter. Geneos Wealth Management Inc. now owns 1,303 shares of the industrial products company’s stock valued at $38,000 after buying an additional 751 shares during the period. 93.89% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages recently commented on TTEK. Northcoast Research upgraded Tetra Tech from a “neutral” rating to a “buy” rating and set a $38.00 target price on the stock in a report on Thursday, November 13th. National Bank Financial initiated coverage on shares of Tetra Tech in a research report on Wednesday, October 8th. They issued an “outperform” rating and a $41.00 price target on the stock. Royal Bank Of Canada reiterated an “outperform” rating and set a $48.00 price objective (up from $47.00) on shares of Tetra Tech in a research report on Friday, November 14th. Wall Street Zen raised shares of Tetra Tech from a “hold” rating to a “buy” rating in a research report on Sunday, November 23rd. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Tetra Tech in a report on Wednesday, October 8th. Four investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $42.20.

Tetra Tech Price Performance

Shares of NASDAQ:TTEK opened at $37.27 on Friday. Tetra Tech, Inc. has a twelve month low of $27.27 and a twelve month high of $42.98. The stock’s 50 day moving average is $34.61 and its 200-day moving average is $35.12. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 0.43. The firm has a market capitalization of $9.73 billion, a price-to-earnings ratio of 40.08 and a beta of 0.90.

Tetra Tech (NASDAQ:TTEK) last posted its quarterly earnings results on Wednesday, November 12th. The industrial products company reported $0.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.05. Tetra Tech had a net margin of 4.55% and a return on equity of 25.79%. The business had revenue of $1.33 billion during the quarter, compared to the consensus estimate of $1.06 billion. During the same quarter last year, the firm posted $0.38 EPS. Tetra Tech’s revenue was up 1.6% compared to the same quarter last year. Tetra Tech has set its Q1 2026 guidance at 0.300-0.330 EPS and its FY 2026 guidance at 1.400-1.550 EPS. Sell-side analysts forecast that Tetra Tech, Inc. will post 1.37 EPS for the current fiscal year.

Tetra Tech Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 12th. Stockholders of record on Monday, December 1st were given a dividend of $0.065 per share. The ex-dividend date of this dividend was Monday, December 1st. This represents a $0.26 annualized dividend and a dividend yield of 0.7%. Tetra Tech’s payout ratio is presently 27.96%.

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.