Capital International Sarl Increases Stake in Tetra Tech, Inc. $TTEK

Capital International Sarl lifted its stake in shares of Tetra Tech, Inc. (NASDAQ:TTEK) by 10.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 207,233 shares of the industrial products company’s stock after buying an additional 20,201 shares during the quarter. Capital International Sarl owned about 0.08% of Tetra Tech worth $6,951,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Capital International Investors increased its position in shares of Tetra Tech by 27.4% during the fourth quarter. Capital International Investors now owns 9,016,577 shares of the industrial products company’s stock valued at $302,416,000 after buying an additional 1,936,902 shares during the period. Sands Capital Management LLC increased its position in shares of Tetra Tech by 38.0% during the third quarter. Sands Capital Management LLC now owns 7,179,032 shares of the industrial products company’s stock valued at $239,636,000 after buying an additional 1,978,697 shares during the period. Alliancebernstein L.P. increased its position in shares of Tetra Tech by 12.0% during the third quarter. Alliancebernstein L.P. now owns 6,581,244 shares of the industrial products company’s stock valued at $219,682,000 after buying an additional 705,673 shares during the period. Geode Capital Management LLC increased its position in shares of Tetra Tech by 1.0% during the fourth quarter. Geode Capital Management LLC now owns 5,082,342 shares of the industrial products company’s stock valued at $170,496,000 after buying an additional 52,375 shares during the period. Finally, Corient Private Wealth LLC increased its position in shares of Tetra Tech by 84.9% during the second quarter. Corient Private Wealth LLC now owns 4,021,788 shares of the industrial products company’s stock valued at $147,095,000 after buying an additional 1,847,087 shares during the period. Hedge funds and other institutional investors own 93.89% of the company’s stock.

Insiders Place Their Bets

In other Tetra Tech news, Director Jeffrey R. Feeler acquired 1,900 shares of the business’s stock in a transaction on Friday, May 15th. The shares were acquired at an average price of $26.41 per share, for a total transaction of $50,179.00. Following the completion of the acquisition, the director owned 1,900 shares in the company, valued at $50,179. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.49% of the company’s stock.

Tetra Tech Price Performance

Shares of TTEK opened at $27.90 on Monday. The stock has a market cap of $7.24 billion, a PE ratio of 16.71 and a beta of 0.93. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.25 and a current ratio of 1.25. Tetra Tech, Inc. has a fifty-two week low of $25.81 and a fifty-two week high of $43.14. The firm’s 50-day simple moving average is $29.70 and its two-hundred day simple moving average is $33.29.

Tetra Tech (NASDAQ:TTEK) last announced its quarterly earnings data on Wednesday, April 29th. The industrial products company reported $0.34 earnings per share for the quarter, topping analysts’ consensus estimates of $0.31 by $0.03. The business had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $1 billion. Tetra Tech had a net margin of 8.58% and a return on equity of 22.89%. The business’s revenue was down 7.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.33 earnings per share. Tetra Tech has set its FY 2026 guidance at 1.500-1.580 EPS and its Q3 2026 guidance at 0.38-0.41 EPS. Analysts anticipate that Tetra Tech, Inc. will post 1.53 earnings per share for the current fiscal year.

Tetra Tech Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 2nd. Shareholders of record on Thursday, May 14th were issued a $0.072 dividend. This represents a $0.29 dividend on an annualized basis and a yield of 1.0%. This is a boost from Tetra Tech’s previous quarterly dividend of $0.07. The ex-dividend date was Thursday, May 14th. Tetra Tech’s dividend payout ratio is currently 17.37%.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on TTEK. Weiss Ratings cut shares of Tetra Tech from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday. Robert W. Baird set a $35.00 price target on shares of Tetra Tech in a research report on Thursday, April 30th. Four investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $41.00.

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.