29,400 Shares in Tetra Tech, Inc. $TTEK Purchased by Perigon Wealth Management LLC

Perigon Wealth Management LLC bought a new stake in Tetra Tech, Inc. (NASDAQ:TTEK) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 29,400 shares of the industrial products company’s stock, valued at approximately $986,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Bfsg LLC purchased a new position in shares of Tetra Tech during the third quarter worth $25,000. Financial Consulate Inc. acquired a new stake in Tetra Tech during the 3rd quarter worth about $26,000. Root Financial Partners LLC purchased a new position in shares of Tetra Tech during the 3rd quarter valued at about $30,000. True Wealth Design LLC lifted its holdings 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 period. Finally, Geneos Wealth Management Inc. boosted 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 worth $38,000 after buying an additional 751 shares during the last quarter. Institutional investors and hedge funds own 93.89% of the company’s stock.

Tetra Tech Stock Up 0.4%

NASDAQ TTEK opened at $31.19 on Tuesday. The business has a fifty day moving average price of $34.83 and a 200 day moving average price of $34.46. 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 company has a market cap of $8.13 billion, a P/E ratio of 23.45 and a beta of 0.98. Tetra Tech, Inc. has a one year low of $27.27 and a one year high of $43.14.

Tetra Tech (NASDAQ:TTEK) last announced its earnings results on Wednesday, January 28th. The industrial products company reported $0.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.31 by $0.04. The company had revenue of $1.21 billion for the quarter, compared to analysts’ expectations of $974.28 million. Tetra Tech had a net margin of 6.73% and a return on equity of 23.84%. The firm’s quarterly revenue was down 13.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.35 EPS. 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. Research analysts anticipate that Tetra Tech, Inc. will post 1.37 EPS for the current fiscal year.

Tetra Tech Dividend Announcement

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

Wall Street Analyst Weigh In

Several research firms have commented on TTEK. Weiss Ratings restated a “hold (c)” rating on shares of Tetra Tech in a research report on Wednesday, January 21st. Robert W. Baird set a $43.00 target price on shares of Tetra Tech in a report on Thursday, January 29th. Four research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $42.60.

Insider Buying and Selling at Tetra Tech

In other news, SVP Brian N. Carter sold 9,979 shares of the company’s stock in a transaction that occurred on 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 sale, the senior vice president directly owned 46,496 shares in the company, valued at $1,870,534.08. This represents a 17.67% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.49% of the stock is currently owned by corporate insiders.

Tetra Tech 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.