AdvisorShares Investments LLC Takes $425,000 Position in Tetra Tech, Inc. $TTEK

AdvisorShares Investments LLC purchased a new stake in Tetra Tech, Inc. (NASDAQ:TTEK) in the 3rd quarter, HoldingsChannel.com reports. The fund purchased 12,739 shares of the industrial products company’s stock, valued at approximately $425,000.

Other institutional investors also recently bought and sold shares of the company. Sands Capital Management LLC grew its holdings in shares of Tetra Tech by 26.5% during the second quarter. Sands Capital Management LLC now owns 5,200,335 shares of the industrial products company’s stock worth $187,004,000 after buying an additional 1,089,599 shares during the last quarter. Corient Private Wealth LLC grew its stake in shares of Tetra Tech by 84.9% in the 2nd quarter. Corient Private Wealth LLC now owns 4,021,788 shares of the industrial products company’s stock valued at $147,095,000 after purchasing an additional 1,847,087 shares during the last quarter. Norges Bank acquired a new position in shares of Tetra Tech in the second quarter valued at approximately $104,843,000. Ninety One UK Ltd raised its stake in shares of Tetra Tech by 2.8% during the third quarter. Ninety One UK Ltd now owns 2,870,244 shares of the industrial products company’s stock worth $95,809,000 after purchasing an additional 78,332 shares during the last quarter. Finally, M&G PLC lifted its holdings in shares of Tetra Tech by 150.1% during the second quarter. M&G PLC now owns 2,416,512 shares of the industrial products company’s stock worth $86,994,000 after purchasing an additional 1,450,420 shares during the period. 93.89% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

TTEK has been the subject of a number of analyst reports. Royal Bank Of Canada restated an “outperform” rating and set a $48.00 price objective (up previously from $47.00) on shares of Tetra Tech in a research report on Friday, November 14th. Weiss Ratings restated a “hold (c)” rating on shares of Tetra Tech in a research report on Wednesday, January 21st. Northcoast Research raised Tetra Tech from a “neutral” rating to a “buy” rating and set a $38.00 price objective on the stock in a report on Thursday, November 13th. Robert W. Baird set a $43.00 target price on Tetra Tech in a research note on Thursday, January 29th. Finally, Wall Street Zen upgraded Tetra Tech from a “hold” rating to a “buy” rating in a research note on Sunday, November 23rd. Four research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $42.60.

Insider Activity

In related news, SVP Brian N. Carter sold 9,979 shares of the stock in a transaction dated Wednesday, February 4th. The shares were sold at an average price of $40.23, for a total value of $401,455.17. Following the sale, the senior vice president directly owned 46,496 shares of the company’s stock, valued at approximately $1,870,534.08. This represents a 17.67% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.49% of the stock is owned by company insiders.

Tetra Tech Price Performance

TTEK stock opened at $41.29 on Monday. The firm has a 50 day moving average of $35.70 and a 200-day moving average of $35.21. Tetra Tech, Inc. has a 12-month low of $27.27 and a 12-month high of $41.81. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 0.45. The company has a market cap of $10.77 billion, a price-to-earnings ratio of 31.05 and a beta of 0.91.

Tetra Tech (NASDAQ:TTEK) last released its quarterly earnings results on Wednesday, January 28th. The industrial products company reported $0.35 earnings per share for the quarter, topping analysts’ consensus estimates of $0.31 by $0.04. Tetra Tech had a return on equity of 23.84% and a net margin of 6.73%.The business had revenue of $1.21 billion for the quarter, compared to analysts’ expectations of $974.28 million. During the same quarter in the prior year, the firm posted $0.35 EPS. The company’s revenue was down 13.4% compared to the same quarter last year. Tetra Tech has set its Q2 2026 guidance at 0.300-0.330 EPS and its FY 2026 guidance at 1.460-1.560 EPS. As a group, equities analysts expect that Tetra Tech, Inc. will post 1.37 EPS for the current fiscal year.

Tetra Tech Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, February 27th. Stockholders of record on Thursday, February 12th will be given a $0.065 dividend. The ex-dividend date is Thursday, February 12th. This represents a $0.26 dividend on an annualized basis and a dividend yield of 0.6%. Tetra Tech’s dividend payout ratio (DPR) is currently 19.55%.

Tetra Tech Company 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.