Shares of Tetra Tech, Inc. (NASDAQ:TTEK – Get Free Report) have earned a consensus recommendation of “Moderate Buy” from the seven analysts that are covering the company, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $42.60.
A number of analysts have recently commented on TTEK shares. Wall Street Zen raised Tetra Tech from a “hold” rating to a “buy” rating in a research report on Sunday, November 23rd. Weiss Ratings reissued a “hold (c)” rating on shares of Tetra Tech in a report on Wednesday, January 21st. Royal Bank Of Canada reissued an “outperform” rating and issued a $48.00 target price (up from $47.00) on shares of Tetra Tech in a research note on Friday, November 14th. Northcoast Research upgraded Tetra Tech from a “neutral” rating to a “buy” rating and set a $38.00 price target for the company in a report on Thursday, November 13th. Finally, Robert W. Baird set a $43.00 price target on shares of Tetra Tech in a research note on Thursday, January 29th.
Get Our Latest Analysis on Tetra Tech
Tetra Tech Stock Up 0.9%
Tetra Tech (NASDAQ:TTEK – Get Free Report) last posted its quarterly earnings data on Wednesday, January 28th. The industrial products company reported $0.35 EPS for the quarter, topping the consensus estimate of $0.31 by $0.04. Tetra Tech had a net margin of 6.73% and a return on equity of 23.84%. The business had revenue of $1.21 billion for the quarter, compared to analyst estimates of $974.28 million. During the same quarter in the previous year, the firm posted $0.35 earnings per share. Tetra Tech’s quarterly revenue was down 13.4% on a year-over-year basis. 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, sell-side analysts anticipate that Tetra Tech will post 1.37 earnings per share for the current fiscal year.
Tetra Tech Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Thursday, February 12th were given a dividend of $0.065 per share. The ex-dividend date of this dividend was Thursday, February 12th. This represents a $0.26 annualized dividend and a dividend yield of 0.7%. Tetra Tech’s dividend payout ratio (DPR) is 19.55%.
Insiders Place Their Bets
In other Tetra Tech news, SVP Brian N. Carter sold 9,979 shares of the stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $40.23, for a total transaction of $401,455.17. Following the sale, the senior vice president directly owned 46,496 shares in the company, valued at approximately $1,870,534.08. This trade represents a 17.67% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.49% of the stock is currently owned by insiders.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently modified their holdings of the business. Pacer Advisors Inc. increased its holdings in Tetra Tech by 16.5% in the 4th quarter. Pacer Advisors Inc. now owns 69,553 shares of the industrial products company’s stock worth $2,333,000 after buying an additional 9,844 shares in the last quarter. Kera Capital Partners Inc. bought a new stake in shares of Tetra Tech in the fourth quarter worth approximately $350,000. Vancity Investment Management Ltd grew its stake in shares of Tetra Tech by 4.1% in the fourth quarter. Vancity Investment Management Ltd now owns 35,603 shares of the industrial products company’s stock worth $1,194,000 after acquiring an additional 1,392 shares during the period. EP Wealth Advisors LLC purchased a new position in shares of Tetra Tech during the fourth quarter valued at approximately $287,000. Finally, Empowered Funds LLC bought a new position in Tetra Tech during the fourth quarter valued at approximately $124,000. 93.89% of the stock is owned by institutional investors.
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.
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