61,921 Shares in Tetra Tech, Inc. $TTEK Acquired by Capital International Inc. CA

Capital International Inc. CA acquired a new stake in shares of Tetra Tech, Inc. (NASDAQ:TTEK) during the 3rd quarter, HoldingsChannel.com reports. The fund acquired 61,921 shares of the industrial products company’s stock, valued at approximately $2,067,000.

A number of other large investors have also recently made changes to their positions in TTEK. Brighton Jones LLC bought a new position in Tetra Tech in the 4th quarter valued at $225,000. AQR Capital Management LLC lifted its stake in Tetra Tech by 451.6% in the first quarter. AQR Capital Management LLC now owns 145,077 shares of the industrial products company’s stock worth $4,204,000 after purchasing an additional 118,774 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in Tetra Tech by 136.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,658,349 shares of the industrial products company’s stock valued at $48,507,000 after acquiring an additional 957,050 shares during the period. Geneos Wealth Management Inc. grew its holdings 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 worth $38,000 after purchasing an additional 751 shares during the last quarter. Finally, Resona Asset Management Co. Ltd. increased its holdings in Tetra Tech by 16.3% during the 2nd quarter. Resona Asset Management Co. Ltd. now owns 10,460 shares of the industrial products company’s stock valued at $374,000 after purchasing an additional 1,464 shares during the period. 93.89% of the stock is owned by institutional investors.

Tetra Tech Trading Up 0.7%

Shares of NASDAQ TTEK opened at $33.78 on Thursday. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.31 and a current ratio of 1.31. The business’s 50 day moving average price is $36.57 and its 200-day moving average price is $35.12. The company has a market cap of $8.81 billion, a price-to-earnings ratio of 25.40 and a beta of 0.90. Tetra Tech, Inc. has a fifty-two week low of $27.27 and a fifty-two week high of $43.14.

Tetra Tech (NASDAQ:TTEK) last issued its quarterly earnings data 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 firm had revenue of $1.21 billion during the quarter, compared to analysts’ expectations of $974.28 million. During the same period in the prior year, the business posted $0.35 EPS. The firm’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. On average, sell-side analysts expect that Tetra Tech, Inc. will post 1.37 earnings per share for the current year.

Tetra Tech Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Thursday, February 12th were paid a $0.065 dividend. This represents a $0.26 annualized dividend and a dividend yield of 0.8%. The ex-dividend date was Thursday, February 12th. Tetra Tech’s dividend payout ratio (DPR) is presently 19.55%.

Wall Street Analysts Forecast Growth

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

Insider Transactions at Tetra Tech

In other news, SVP Brian N. Carter sold 9,979 shares of the business’s stock in a transaction dated Wednesday, February 4th. The stock was sold at an average price of $40.23, for a total value of $401,455.17. Following the completion of the transaction, the senior vice president owned 46,496 shares of the company’s stock, valued at $1,870,534.08. The trade was a 17.67% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 0.49% of the company’s stock.

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.