Capital International Ltd. CA lifted its stake in Tetra Tech, Inc. (NASDAQ:TTEK – Free Report) by 17.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 133,039 shares of the industrial products company’s stock after acquiring an additional 20,150 shares during the period. Capital International Ltd. CA owned 0.05% of Tetra Tech worth $4,462,000 at the end of the most recent reporting period.
Other institutional investors have also made changes to their positions in the company. First Horizon Corp raised its stake in shares of Tetra Tech by 50.4% in the 4th quarter. First Horizon Corp now owns 880 shares of the industrial products company’s stock valued at $30,000 after acquiring an additional 295 shares in the last quarter. Geneos Wealth Management Inc. raised its stake in shares of Tetra Tech by 136.1% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,303 shares of the industrial products company’s stock valued at $38,000 after acquiring an additional 751 shares in the last quarter. Danske Bank A S bought a new position in shares of Tetra Tech in the 3rd quarter valued at approximately $53,000. Larson Financial Group LLC raised its stake in shares of Tetra Tech by 26.9% in the 4th quarter. Larson Financial Group LLC now owns 1,691 shares of the industrial products company’s stock valued at $57,000 after acquiring an additional 358 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB raised its stake in shares of Tetra Tech by 84.0% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 1,755 shares of the industrial products company’s stock valued at $59,000 after acquiring an additional 801 shares in the last quarter. 93.89% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
A number of research analysts recently weighed in on TTEK shares. Weiss Ratings downgraded Tetra Tech from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday. Robert W. Baird set a $35.00 price objective on Tetra Tech in a research note on Thursday, April 30th. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Tetra Tech currently has an average rating of “Moderate Buy” and a consensus target price of $41.00.
Tetra Tech Stock Performance
Shares of Tetra Tech stock opened at $27.90 on Monday. The company’s fifty day simple moving average is $29.70 and its 200-day simple moving average is $33.29. The company has a market cap of $7.24 billion, a price-to-earnings ratio of 16.71 and a beta of 0.93. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.47. Tetra Tech, Inc. has a 1 year low of $25.81 and a 1 year high of $43.14.
Tetra Tech (NASDAQ:TTEK – Get Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The industrial products company reported $0.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.31 by $0.03. The business had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1 billion. Tetra Tech had a net margin of 8.58% and a return on equity of 22.89%. Tetra Tech’s quarterly revenue was down 7.7% on a year-over-year basis. During the same quarter last year, the company posted $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. As a group, sell-side analysts expect that Tetra Tech, Inc. will post 1.53 EPS for the current year.
Tetra Tech Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 2nd. Stockholders of record on Thursday, May 14th were paid a $0.072 dividend. The ex-dividend date was Thursday, May 14th. This is a positive change from Tetra Tech’s previous quarterly dividend of $0.07. This represents a $0.29 annualized dividend and a dividend yield of 1.0%. Tetra Tech’s dividend payout ratio is 17.37%.
Insider Activity
In related news, Director Jeffrey R. Feeler acquired 1,900 shares of the stock in a transaction dated 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 purchase, the director owned 1,900 shares in the company, valued at approximately $50,179. The trade was a ∞ increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 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.
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