Capital International Inc. CA Has $3.20 Million Stock Holdings in Tetra Tech, Inc. $TTEK

Capital International Inc. CA increased its position in shares of Tetra Tech, Inc. (NASDAQ:TTEK) by 54.2% in the 4th quarter, Holdings Channel.com reports. The fund owned 95,457 shares of the industrial products company’s stock after buying an additional 33,536 shares during the quarter. Capital International Inc. CA’s holdings in Tetra Tech were worth $3,202,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. First Horizon Corp raised its holdings in shares of Tetra Tech by 50.4% during the fourth quarter. First Horizon Corp now owns 880 shares of the industrial products company’s stock worth $30,000 after acquiring an additional 295 shares in the last quarter. Geneos Wealth Management Inc. boosted its holdings in Tetra Tech by 136.1% during the first 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 during the period. Danske Bank A S bought a new stake in Tetra Tech during the third quarter valued at about $53,000. Larson Financial Group LLC raised its position in shares of Tetra Tech by 26.9% during the fourth quarter. Larson Financial Group LLC now owns 1,691 shares of the industrial products company’s stock valued at $57,000 after buying an additional 358 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB raised its position in shares of Tetra Tech by 84.0% during the third quarter. Wilmington Savings Fund Society FSB now owns 1,755 shares of the industrial products company’s stock valued at $59,000 after buying an additional 801 shares during the last quarter. 93.89% of the stock is currently owned by hedge funds and other institutional investors.

Tetra Tech Price Performance

Shares of TTEK opened at $27.59 on Tuesday. The stock has a market capitalization of $7.16 billion, a P/E ratio of 16.52 and a beta of 0.93. Tetra Tech, Inc. has a twelve month low of $25.81 and a twelve month high of $43.14. The company has a 50 day moving average of $29.64 and a 200-day moving average of $33.24. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 0.47.

Tetra Tech (NASDAQ:TTEK) last issued its quarterly earnings results on Wednesday, April 29th. The industrial products company reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.31 by $0.03. The company had revenue of $1.22 billion during 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 quarterly revenue was down 7.7% on a year-over-year basis. During the same period last year, the business earned $0.33 EPS. 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, equities research analysts forecast that Tetra Tech, Inc. will post 1.53 EPS for the current fiscal year.

Tetra Tech Increases Dividend

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

Insider Activity

In other Tetra Tech news, Director Jeffrey R. Feeler purchased 1,900 shares of the company’s stock in a transaction that occurred 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 purchase, the director owned 1,900 shares in the company, valued at approximately $50,179. The trade was a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 0.49% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently weighed in on TTEK shares. Robert W. Baird set a $35.00 target price on shares of Tetra Tech in a research note on Thursday, April 30th. Weiss Ratings downgraded shares of Tetra Tech from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $41.00.

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.